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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (404648)	8/6/2008 10:41:24 AM
From: michael97123	Respond to of 1571862

It was obvious to me that the guy was defending something he knew was wrong. Both sides adopting populism in a campaign is not unheard of. Frankly i like my confiscation of wealth plan for the buffets of the world who have already added as much value to our economy as they can. Confiscate their total wealth and send them off to putin. He knows what to do with them. You can raise trillions, killing off billionaires and not negatively effect one quantifiable economic metric. But if you tax the up and comers or the innovators, you do do great harm. The oil companies are not innocents but neither is steve jobs or buffet or soros.

To: i-node who wrote (404648)	8/6/2008 11:16:34 AM
From: HPilot	Respond to of 1571862

Confiscating the profits of the oil companies will only exacerbate the problem. Why in hell would these companies continue to search out oil when they can't keep the profits they earn by doing so? Most people don't know what happens to corporate profit, they think of it as the same as thier own profits. You said they keep thier profits, they don't, profits are plowed back into the company as research, buying new stores or factories, etc. There is nothing greedy at all about corporate profit. Wat they should probably look at are what management is payed, some skim money off the company even if the company is losing money.