If oil companies are gouging by making an 8 to 10% margin, then jewelry retailers should drawn and quartered over their 2000 to 5000% markups.
That paltry 8-10% margin you refer to translates into RECORD QURATERLY PROFITS to the tune of 10's of BILIIONS of dollars, quarter after quarter. In case you don't know what a PROFIT is, that's what's left after they pay all their bills, even their fatcat salaries.
... then jewelry retailers should drawn and quartered over their 2000 to 5000% markups.
You have a vehicle that runs on gold/silver and diamonds? (I guess ya'll got tired of using milk and water prices now on to jewelery?) Man, what are you waiting for, there's zillions to be made?! Of course the analogy is a non-analogy considering our entire way of life, you know chasing that last dollar, depends on oil, and if there was never another piece of jewelry made, BFD. Blackbird.
Poor argument. It is not even in the apples and oranges category. However I’ll agree to letting them make what they can. Entertainers and those in sports are absolutely unnecessary, yet make big bucks. Same principal here. Its our fault because we do what we want to do, cost be no matter. We could all drive less, use vehicles that consume less fuel, but no we want a SUV etc. Anyway we are no longer customers, we are a nation of consumers. Until we again be come customers we will just have to pay what “they” want.