Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alighieri who wrote (622640)	8/3/2011 2:31:21 PM
From: TopCat	6 Recommendations Respond to of 1579832

"asking obscenely profitable american companies to pay a fair share of taxes" What does "obscenely profitable" mean? What does "fair share" mean? Be specific.

To: Alighieri who wrote (622640)	8/3/2011 3:13:54 PM
From: Tenchusatsu	5 Recommendations Read Replies (1) \| Respond to of 1579832

Al, > That's an absurd comparison...asking obscenely profitable* american companies to pay a fair share of taxes is hardly wishing for their failure...* I'll just sit back and watch you contradict yourself with your own inflammatory language. > there is no conflict with national interests when a company like GM succeeds... Mismanaged companies getting bailed out is not my idea of an American "success" story. Nor are companies "succeeding" because they curry the favor of government. My idea of success is producing something that people want, that does something better than the competition, and for less. Think the Chevy Volt fits that definition? If so, why haven't you bought one yet? Tenchusatsu

To: Alighieri who wrote (622640)	8/3/2011 3:54:36 PM
From: i-node	1 Recommendation Read Replies (2) \| Respond to of 1579832

>> asking obscenely profitable american companies to pay a fair share of taxes And I suppose YOU are the person to determine what "obscenely profitable" is or what exactly is a "fair share"? The oil companies are obscenely profitable because people all over the world burn a lot of gasoline and there are only five companies making most of those profits. Do you think IBM is obscenely profitable? What about Microsoft or AAPL? >> I will tell you precisely that...a rational argument can be made that big oil can and should pay higher taxes . . . there is no conflict with national interests when a company like GM succeeds. This is utterly stupid. Who builds the vehicles that make big oil obscenely profitable, and why is one different from the other? >> ...an argument can be made that insurance companies take a profit from a sector that represents the single largest financial liability the country faces in the coming century.... WTF? The liability is from the GOVERNMENT sector, not the private sector. Remember, the private health insurance companies SUBSIDIZE the government operation massively. Without private insurance absorbing cost-shifting, government would be spending TWICE what it now is for health care. Or more. BCBS pays 2, sometimes 2.5x what Medicare and Medicaid average for many procedures.

To: Alighieri who wrote (622640)	8/3/2011 4:16:41 PM
From: tejek	Read Replies (1) \| Respond to of 1579832

Ex-GOP senator to run for House as Democrat With a blast at the Republican Party, former GOP state Sen. Nancy Argenziano says she will run for Congress as a Democrat. Saying the Republican Party has left her and is now owned by ideologues, former GOP state Sen. Nancy Argenziano says she will run for the U.S. House of Representatives as a Democrat. Argenziano will seek the District 2 seat in North Florida now held by freshman Republican Steve Southerland, who unseated longtime Democrat Allen Boyd in November 2010. In a prepared statement Monday, Argenziano likened herself to a Ronald Reagan Republican. “The current iteration of the party abandoned real Republican principles long ago to cater to ideologues and corporations — the Koch entities, most notably — whose interests lie in the profiteering of America and the sacking of the middle class,” Argenziano, 56, wrote in a letter announcing her candidacy. “Current Republican leaders have neither patience with nor allowance for honest elected officials, and they demand that members of the various legislatures — who, after all, have sworn to uphold the Constitution — instead just follow the hijacked party line and shut up.” Read more: <A href="http://www.miamiherald.com/2011/08/01/2341052/ex-gop-senator-to-run-for-house.html#ixzz1Tz1Dnl9m" target=_blank>http://www.miamiherald.com/2011/08/01/2341052/ex-gop-senator-to-run-for-house.html#ixzz1Tz1Dnl9m...