01-12-2015, 01:20 PM
|
#1
|
Registered User
Join Date: Jun 2012
Location: Little Switzerland, north carolina
Posts: 551
|
Quote:
Originally Posted by Giller
Greed? It's called fiscal responsibility. If it costs more to pull oil out of the ground than what you can sell it for - that's a bad business and will soon be bankrupt.
You don't work for free, so neither will these companies.
|
Look at exon's profits over the years...they make a lot of fiscal responsibility.
|
|
|
01-12-2015, 01:49 PM
|
#2
|
Registered User
Join Date: Jul 2014
Location: Listowel, Ontario, Canada
Posts: 1,120
|
Quote:
Originally Posted by mountainman
Look at exon's profits over the years...they make a lot of fiscal responsibility.
|
A perfect example of Capitalism in action. And everyone who complains about it should either A) move to Russia or B) wise up and buy some stock!
We can all benefit from these companies profits - that's another thing that makes our countries great.
__________________
2011 Boxster 987.2 Arctic silver / Black leather, PDK with Sports Chrono Package Plus
|
|
|
01-12-2015, 02:18 PM
|
#3
|
Registered User
Join Date: Feb 2013
Location: Land of naught
Posts: 1,302
|
and the rich get richer and the poor get poorer.... it's a perfect system, really it is...Wait 'til they flex the other way...
__________________
Death is certain, life is not.
|
|
|
01-12-2015, 07:06 PM
|
#4
|
Registered User
Join Date: Jul 2014
Location: Listowel, Ontario, Canada
Posts: 1,120
|
Quote:
Originally Posted by woodsman
and the rich get richer and the poor get poorer.... it's a perfect system, really it is...Wait 'til they flex the other way... 
|
Yes, the rich get richer. Why? Because they are smart enough to use the system to their advantage. Anyone can do the same thing. It takes some guts, some smarts and yes, some luck, but it really doesn't take a lot of money to get started. So quit whining cause you aren't smart enough to do what so many others have.
__________________
2011 Boxster 987.2 Arctic silver / Black leather, PDK with Sports Chrono Package Plus
|
|
|
01-13-2015, 11:15 AM
|
#5
|
Registered User
Join Date: Feb 2013
Location: Land of naught
Posts: 1,302
|
Quote:
Originally Posted by Giller
Yes, the rich get richer. Why? Because they are smart enough to use the system to their advantage. Anyone can do the same thing. It takes some guts, some smarts and yes, some luck, but it really doesn't take a lot of money to get started. So quit whining cause you aren't smart enough to do what so many others have.
|
Nothing is more pathetic than an intelligent person assuming they know me and what I've done and not done during my lifetime. BTW your angry attitude sucks and I'd like you better if you were a little more upbeat. You must be young or stupid because you lack humility severely.
__________________
Death is certain, life is not.
Last edited by woodsman; 01-13-2015 at 11:17 AM.
|
|
|
01-13-2015, 11:18 AM
|
#6
|
Registered User
Join Date: Jul 2014
Location: Listowel, Ontario, Canada
Posts: 1,120
|
Quote:
Originally Posted by woodsman
Nothing is more pathetic than an intelligent person assuming they know me and what I've done and not done during my lifetime. BTW your angry attitude sucks and I'd like you better if you were a little more upbeat. You are not better than anyone else here and you can shove your opinions...
|
You talk about upbeat opinions....but none of your opinions have been upbeat. I'm just responding in kind. I'm perfectly willing to have a nice debate, much like PL and I are having.
__________________
2011 Boxster 987.2 Arctic silver / Black leather, PDK with Sports Chrono Package Plus
Last edited by Giller; 01-13-2015 at 11:27 AM.
|
|
|
01-12-2015, 08:07 PM
|
#7
|
Certified Boxster Addict
Join Date: Nov 2010
Location: Los Angeles
Posts: 7,669
|
Quote:
Originally Posted by woodsman
and the rich get richer and the poor get poorer.... it's a perfect system, really it is...Wait 'til they flex the other way... 
|
I think a more accurate statement is that the rich are getting richer by leaps and bounds as the truly poor merely inch upwards over time.
The bottom line is that everyone, rich and poor alike, get richer each year (but by differing amounts).
I am not sure what this has to do with the price of gas?
__________________
1999 996 C2 - sold - bought back - sold for more
1997 Spec Boxster BSR #254
1979 911 SC
POC Licensed DE/TT Instructor
Last edited by thstone; 01-12-2015 at 08:11 PM.
|
|
|
01-12-2015, 02:55 PM
|
#8
|
Registered User
Join Date: Oct 2007
Location: Midwest
Posts: 1,746
|
Quote:
Originally Posted by mountainman
Look at exon's profits over the years...they make a lot of fiscal responsibility.
|
Exxon Mobile's margins are right at or below 10% of revenue, pretty low actually compared to most Fortune 500 companies. Apple's margins are at 27%, are you mad at them?
Exxon also employs over 75,000 people at above average compensation levels.
Hating on "Big Oil" is pretty cliche, as others have stated best to join in the profits by purchasing their stock. You probably already have some if invested in mutual funds.
There is currently a 2 million plus barrels a day surplus in production, prices will likely continue to decline and stay low for the first half of '15.
For the accountant types:
Diving deeper
|
|
|
01-12-2015, 07:08 PM
|
#9
|
Registered User
Join Date: Jul 2014
Location: Listowel, Ontario, Canada
Posts: 1,120
|
Quote:
Originally Posted by coreseller
Exxon Mobile's margins are right at or below 10% of revenue, pretty low actually compared to most Fortune 500 companies. Apple's margins are at 27%, are you mad at them?
Exxon also employs over 75,000 people at above average compensation levels.
Hating on "Big Oil" is pretty cliche, as others have stated best to join in the profits by purchasing their stock. You probably already have some if invested in mutual funds.
There is currently a 2 million plus barrels a day surplus in production, prices will likely continue to decline and stay low for the first half of '15.
For the accountant types:
Diving deeper
|
+1
And - let's not forget how much money most big corporations give back to the communities. Exxon for example provided almost $270 million in contributions worldwide - $110 million for education alone. Yeah, corporations are bad, all bad.
__________________
2011 Boxster 987.2 Arctic silver / Black leather, PDK with Sports Chrono Package Plus
Last edited by Giller; 01-12-2015 at 07:09 PM.
Reason: Typo
|
|
|
01-14-2015, 05:50 AM
|
#10
|
Registered User
Join Date: Jul 2013
Location: Austin, TX
Posts: 175
|
Quote:
Originally Posted by Giller
+1
And - let's not forget how much money most big corporations give back to the communities. Exxon for example provided almost $270 million in contributions worldwide - $110 million for education alone. Yeah, corporations are bad, all bad.
|
How about using our tax dollars more effectively? I am not impressed with this much profit being "given" away. The other horrible side of this is that the corps. buy people. People often give up their morals for profit. This is a reckless way of proving your good.
__________________
2002 Boxster S Polar Silver Metallic, Hard Top
2016 4Runner TEP
|
|
|
01-14-2015, 06:22 AM
|
#11
|
Registered User
Join Date: Sep 2013
Location: Chandler, AZ
Posts: 1,796
|
Cheapest fill ups right. Local ARCO station has regular for $1.79. Good friend of mine lives in San Jose and pays $2.59 for regular at his local ARCO. The huge difference, 44%, is interesting.
__________________
03 Carrera
02 Boxster S Guards Red, black interior with matching hardtop
89 Carrera 4
89 944 S2
78 911SC
|
|
|
01-14-2015, 09:01 AM
|
#12
|
Registered User
Join Date: Jul 2014
Location: Listowel, Ontario, Canada
Posts: 1,120
|
Quote:
Originally Posted by Muzzle of Bees
How about using our tax dollars more effectively? I am not impressed with this much profit being "given" away. The other horrible side of this is that the corps. buy people. People often give up their morals for profit. This is a reckless way of proving your good.
|
I'm not following you. How does giving money to charities have anything to do with using tax dollars more effectively?
__________________
2011 Boxster 987.2 Arctic silver / Black leather, PDK with Sports Chrono Package Plus
|
|
|
01-14-2015, 09:11 AM
|
#13
|
Registered User
Join Date: Jan 2014
Location: Albuquerque, NM, USA
Posts: 746
|
I can still recall the time a fillup cost more than $20. Of course that was with a '74 Opel Manta.
About 24 gallons of diesel for my GL was only $56 instead of the usual $75 yesterday and I took note of that.
__________________
Kent Christensen
Albuquerque
2001 Boxster
2007 GL320 CDI, 2010 CL550
2 BMW motorcycles
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is On
|
|
|
All times are GMT -8. The time now is 06:45 AM.
| |