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To: RSmithOpt
I think greed is more of a term in taking more than one actually needs as to inflict 'economic' harm on others.

think greed involves some intentional type of stealing from others.

I agree 100% from a definition stand point, but the democrats and other enemys of freedom do not see greed in that light, and none of their discussions or uses of the word greed are used in that manner.

How about $10 / 10 lb. bag of ice versus one selling $3 / 10 lb. bag of ice ($3/ bag is more than double the average price)after a major storm? That's greed, dude!!

Is that really greed? Or is it the going market price for a limited commodity?

How about if I buy 50 generators at $300 a piece and then drive them to a hurricane stricken area and sell them for $1,000 each. Is that greed? Or is that providing a product and service to a set of people who would otherwise go without and are more than happy to trade their money for my product because having that product means more to them and is worth more to them than having the cash in their pocket?

I would say I was meeting a market demand and the reason I did it was my personal greed of wanting to make a profit and provide for my family.

29 posted on 01/04/2007 11:08:38 AM PST by Phantom Lord (Fall on to your knees for the Phantom Lord)
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To: Phantom Lord
Of course as always in the business environment, definitions are many and charts and graphs can say anything. I've seen too many examples of data manipulation to deceive others to present a rosier picture here at work. Some really get P'O'd at me at work when I bring out questions of 'small little omissions of variables' (details) not included in their beautifully prepared presentations, not to mention when they, sometimes obviously, used the incorrect method of analysis.

Your example of the generators is good and well noted.

In your example, would you give away a generator away to a large needy family on your way out of the area if you had already sold 49 of the 50? I would.

Your example is not like the energy market / US economy situation in that the affected area is not the nation and 2-4 weeks to get power back up is not devestating. Oil and energy prices affect the cost of living of all Americans, especially food production, processing and delivery which hit the lower middle class families very hard.

32 posted on 01/04/2007 11:27:44 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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