>>>So the oil companies are being 'greedy' when they have a profit margin of 8% while the average US company has a profit margin in excess of 10%? What about the 15% profit margin in healthcare companies? Are they even GREEDIER? What about the 20% profit margin in drug companies? Are they even MORE GREEDY?
Greedy? Give me a break--compared to the average US company, oil company profits are pathetic, not greedy!>>>
8%, more like 10%. And 10% of 800 billion adds up to a whole lot more than 10% of 1 million.
But I can't seem to get that through most Freepers heads. OH well.
As it should be.
Your point is???
So, what exactly would you like to see the profit cap set at? It seems to me from your post that you're saying there's a point where profitting becomes "obscene" or "unfair". Would you please quantify that point?