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To: JustAnotherOkie
Let's say you start your own business in a free trade capitalist society. It costs x amount of dollars for you to produce your product so you sell it for x amount more to earn a profit. You goal in running this company is to make as much profit as possible. Your customers have a choice whether they want to buy this product or not. Where is the line drawn where the gubmit steps in and tells you that you are making too much profit.
13 posted on 11/09/2005 7:33:45 AM PST by HOTTIEBOY (Maybe in your house. Not in mine.)
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To: HOTTIEBOY
Let's say you start your own business in a free trade capitalist society... Your goal in running this company is to make as much profit as possible.

If you are publicly traded company, your RESPONSIBILITY under Securities law is to make as much profit as possible. If you take actions which limit your profitability, you are subject to suit by the shareholders.

Most people own at least some stock either outright or through a 401k or retirement plan. Don't you expect the executives of the company you own stock in to maximize profit?

21 posted on 11/09/2005 7:40:23 AM PST by CMAC51
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To: HOTTIEBOY
Considering all the EPA regulation and congressional interference with domestic oil production which I feel is the core issue not to mention the fact that prices have already dropped significantly this should be a non-starter.
37 posted on 11/09/2005 7:58:22 AM PST by JustAnotherOkie
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To: HOTTIEBOY
Your customers have a choice whether they want to buy this product or not.

Almost sounds good if you don't realize that our current society and way of life has molded folks to the point where buying gasoloine is no longer a choice. let's see you and your family stop buying gass for 2 months and then tell us how much choice you really have.

41 posted on 11/09/2005 8:04:54 AM PST by trebb ("I am the way... no one comes to the Father, but by me..." - Jesus in John 14:6 (RSV))
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