Toyota FJ Cruiser????

[Ron]

Originally Posted by Ferd

Again, we go back to your elected officials. You guys have European type government and a european type expectation of your government.

Now that isnt a bad thing if you want it. That is your perogative.

There are still a few of us Americans who think that kind of governemnt is best served over "accross the pond". We dont want it here. We want to remain the last bastion of the Rugged Individualist!

Actually, all I want is some protection from Corporate greed & Monopolies.
You have it in the States too.

[Baron1710]

Originally Posted by Ron

Sooooo, in 2006 for 1 quarter the CEO (1 MAN) gets a $500 Million us bonus and you are okay with it???

Remember Ferd, the Bible still calls greed a sin!

Is greed determined by how much someone else says you should make? Or is it determined by the guy who complains about how much the other guy makes?

[Ferd]

Originally Posted by Ron

Sooooo, in 2006 for 1 quarter the CEO (1 MAN) gets a $500 Million us bonus and you are okay with it???

Remember Ferd, the Bible still calls greed a sin!

No sir. I am NOT ok with it. But it isnt the governments job to decide if it is ok or not. It is the stock holders fault.

Stock holders need to ban together and demand better from the people that work for them....

that is how it used to work until we got this stupid notion that the government was supposed to take care of us. Now everyone sits on their hands and whines about what the governemnt is doing.

[Ron]

Originally Posted by Baron1710

Is greed determined by how much someone else says you should make? Or is it determined by the guy who complains about how much the other guy makes?

Or how much is enough?

Remember, there are people & companies that would rob you blind if they had it thier way.

So again I ask, how much is enough?

[Baron1710]

Originally Posted by Ron

Or how much is enough?

Remember, there are people & companies that would rob you blind if they had it thier way.

So again I ask, how much is enough?

I don't think you are asking the right questions. However tonight my son has a baseball game so, I have determined that 10 hours is enough for me today and I am going to head to his game. Maybe tomorrow I can help you out on what the right questions are.

[Ferd]

Originally Posted by Ron

Actually, all I want is some protection from Corporate greed & Monopolies.
You have it in the States too.

hmmm. Now I agree with you on Monopolies. I HATE THEM. some of the worst are Government owned monopolies. and in every case they should be busted up.

In the US we are still dealing with the ultra dumb ATT monopoly that was "busted up" 30 years ago. What they really did was create a bunch of regional monoplies. it is just now beginning to fade but I live in a Verison (Old GTE) neighborhood which means I [B]cannot[B] get phone service from AT&T.

that is dumb. both ATT and Verison get to charge higher rates because they cant compete with each other.

Now on that Corporate Greed thing.... can you give me an instance of it?

[Ron]

Originally Posted by Ferd

No sir. I am NOT ok with it. But it isnt the governments job to decide if it is ok or not. It is the stock holders fault.

Stock holders need to ban together and demand better from the people that work for them....

that is how it used to work until we got this stupid notion that the government was supposed to take care of us. Now everyone sits on their hands and whines about what the governemnt is doing.

Ferd, I can agree with your premise to a point, but then on the other hand I hear you say it is Stock Holders place to put pressure.
What if that same stock holder is making great dividends which is great for them, but what about the simple Joe & Mary sixpack with a couple a kids who are getting squeezed financially in Gas & food puchases?

Who speaks or protects them?

[Ferd]

Originally Posted by Ron

Or how much is enough?

Remember, there are people & companies that would rob you blind if they had it thier way.

So again I ask, how much is enough?

when a company "robs people blind" then the people become poor and can no longer buy what the company has to offer... then the company becomes poor and defunct.

Enron is a classic example of corporate greed.... and Enron no longer exists. and its bosses are in jail.

Now a lot of people got hurt in the process. that has lead to a number of efforts to create better protections in the US. I would suggest that some of those efforts were really dumb like a large portion of the Sarbanes Oxley act... but none the less, there MUST be protection against illegal activity and law breakers should go to jail.

but how much is enough? well were you asking Mobile Oil how much was enough when they were losing billions of dollars a year and had to merge with Exxon to stay afloat? did you seek to have the gov. step in and save the day?

what about in 20 years when we shift to a post crude economy? Are you going to be saying that its too much if Shell Oil can no longer employ a half a million workers?

[Ron]

Ferd, it is almost time for me to pick up the kids from School-sorry.
Will post a response when I get back.

[Ferd]

Originally Posted by Ron

Ferd, I can agree with your premise to a point, but then on the other hand I hear you say it is Stock Holders place to put pressure.
What if that same stock holder is making great dividends which is great for them, but what about the simple Joe & Mary sixpack with a couple a kids who are getting squeezed financially in Gas & food puchases?

Who speaks or protects them?

Are you suggesting that lowering the Gas price by some factor of 9% (what oil companies make on gas) is going to help Joe and Mary?

Dude, there are some serious forces at work that deserve attention but it isn’t the oil companies.

Did you know the Chinese government subsidizes oil imports? That means Chinese businesses are paying less than half what we are for their energy. Their demand is skyrocketing driving up the price.
Plus OPEC regulates the amount of oil they produce in order to keep prices where they want.

In America we could start to drill for oil here and off set the supply limitations that OPEC is creating but our liberal politicians would rather point at Exxon’s profits than be honest. (It’s called bait and switch)

Look this is by design! Liberals in America WANT to destroy the Crude based economy and they have decided to work to drive up the price of oil to get Americans motivated to move to something else! (Read Al Gores book, it’s actually in the book).

This is no conspiracy. It is the stated policy. We call it “being green” and it is the root cause of the current oil prices.