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Author Topic: Exxon On Way To 32 Billion $$ Profit This Year  (Read 1557 times)

Offline Red Tail 444

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #30 on: April 28, 2005, 03:48:14 PM »
Quote
Originally posted by Skuzzy
There is no impetus for any U.S. oil company to do anything.  They are making more money than ever (read net profits are at an all time high).

Our system works as long as corporations do the right thing (whatever that may be), but when greed supplants doing the right thing, the fundamental flaw in our system is revealed.
How many times in the last decade have large corporations laid off thousands of employees and then turn around and pay huge bonuses to the board of directors?

It is all about greed, and this is where our system breaks down.


you GD Liberal....:rofl
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Offline Skuzzy

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #31 on: April 28, 2005, 03:51:07 PM »
Not true Nilsen.  Ambition is but one of the traits which makes capitalism work.  Greed is one of the few traits which could destroy it.
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Offline Skuzzy

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #32 on: April 28, 2005, 03:52:33 PM »
Quote
Originally posted by Red Tail 444
you GD Liberal....:rofl

I dunt even know what you are talking about.  I get tagged with everything imaginable.   You'd go nuts trying to keep up. :D
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Offline Nilsen

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #33 on: April 28, 2005, 03:59:03 PM »
Quote
Originally posted by Skuzzy
Not true Nilsen.  Ambition is but one of the traits which makes capitalism work.  Greed is one of the few traits which could destroy it.


Ambition and greed goes hand in hand and is often the same. Very few if anybody that really succeeds in any business venture does so without wanting to get plenty of something in return.
You do not have to be greedy for money either, it can be for recognition or fame.
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Offline JB88

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #34 on: April 28, 2005, 04:11:13 PM »
what skuzzy said.







  :cool:
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this thread is doomed.
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To strive, to seek, to find, and not to yield. -Ulysses.

word.

Offline Silat

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #35 on: April 28, 2005, 04:13:45 PM »
Quote
Originally posted by oboe
Exxon has still not paid the 4.5 billion punitive damage judgement against it due to the Exxon-Valdez oil spill in Prince Edward Sound more than 15 yrs ago - apparently it continues to appeal the award.

http://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill

btw re Bush's energy plan, how does building more refineries reduce our dependence on foreign oil?   Wouldn't we have to import more oil to keep the new refineries supplied?



My Cod Oboe:)
It is not about dependence it is about the titans of industry having enough money to keep the rest of us off there property:)
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Offline Silat

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #36 on: April 28, 2005, 04:16:15 PM »
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Originally posted by john9001
only one person is at fault for the Exxon-Valdez oil spill , the 1st mate who was in command of the bridge when it hit the reef. But of course he dosn't have 4.5 billion so we have to look for the "deep pockets".



you forget when the oil companies were lobbying for the terminals they guaranteed that a spill like the exxon valdez was impossible... GREED BABY> FEEL THE GREED.
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+Silat
"The first time someone shows you who they are, believe them." — Maya Angelou
"Conservatism offers no redress for the present, and makes no preparation for the future." B. Disraeli
"All that serves labor serves the nation. All that harms labor is treason."

Offline Silat

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Re: Re: Exxon On Way To 32 Billion $$ Profit This Year
« Reply #37 on: April 28, 2005, 04:18:38 PM »
Quote
Originally posted by Holden McGroin
http://www.imf.org/external/pubs/ft/weo/2003/02/chp1pdf/Fig1_22.pdf

According to the link in constant 2002 dollars, oil is less expensive (even at $55) than it was in 1979 - '85 and better than most experts' predictions.



2 years ago - $14 dollars a barrel
Today          -   $50+

Your link makes me feel so much better:)
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+Silat
"The first time someone shows you who they are, believe them." — Maya Angelou
"Conservatism offers no redress for the present, and makes no preparation for the future." B. Disraeli
"All that serves labor serves the nation. All that harms labor is treason."

Offline Holden McGroin

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #38 on: April 28, 2005, 04:19:51 PM »
Quote
Originally posted by Skuzzy
Not true Nilsen.  Ambition is but one of the traits which makes capitalism work.  Greed is one of the few traits which could destroy it.


Isn't the ambition to make a lot of money the definition of greed?
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Offline vorticon

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #39 on: April 28, 2005, 04:22:09 PM »
Quote
Originally posted by Holden McGroin
Isn't the ambition to make a lot of money the definition of greed?


depends why you want money, if you want it as a means (which is what it is) and not an ends its not greed.
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Offline Silat

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #40 on: April 28, 2005, 04:23:03 PM »
Quote
Originally posted by Holden McGroin
Isn't the ambition to make a lot of money the definition of greed?


excessive desire to acquire or possess more (especially more material wealth) than one needs or deserves
avarice: reprehensible acquisitiveness; insatiable desire for wealth (personified as one of the deadly sins)


All we need is a gov that will actually police the corporations. But with the lobby system as it is that isnt happening anytime soon.
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+Silat
"The first time someone shows you who they are, believe them." — Maya Angelou
"Conservatism offers no redress for the present, and makes no preparation for the future." B. Disraeli
"All that serves labor serves the nation. All that harms labor is treason."

Offline Holden McGroin

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #41 on: April 28, 2005, 04:34:02 PM »
Quote
Originally posted by vorticon
depends why you want money, if you want it as a means (which is what it is) and not an ends its not greed.


Possibility #1
I want truckloads of money so that I can spend it on ocean view estates in tropical climates, skiing in St Moritz, a gulfstream 4 and half a dozen playboy bunnies to bring me expensive wine, cigars, and other pleasures.

Possibility #2
I want truckloads of money so that I can buy a wing on a hospital and set up a trust fund to pay for children's medical treatment.  On the front of the building, it'll say in 4 ft (1.3 Meter) high gold letters, "Holden McGroin's Childrens Hospital Wing, donated by Holden McGroin."  

In either case because I want the money as a means to that end, I am not greedy.

In either case I want it because I want to feel good, so I am greedy.
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Offline eagl

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #42 on: April 28, 2005, 04:35:03 PM »
It costs $100 a week to fill up the SUV I drive to work every day, so I can't believe some people want to make SUVs subject to the gas guzzler taxes.  It's already expensive enough as it is, especially with the 22" chrome wheels.  They say it's not a truck, but I couldn't have brought home last year's christmas tree without it, so I do haul things and that's commercial use, right?

I buy so much gas, they should reduce the price because everyone knows that the more volume of something you sell, the cheaper you can make it.  It's all the greed of Saudi Arabia, since even though they pump more oil, they still charge the same high prices.  Don't they know that if the prices were lower then I could drive more and buy even MORE gas?  Where does Exxon get off keeping prices high when they know that I HAVE to buy so much?  Doesn't that make it a monopoly?  A judge should call it a monopoly so they can force them to sell me gas cheaper.  As it is, when gas goes up to $3/gal I'll be spending $150/week on gas and there's NOTHING I can do about it.  Boosh did all this on purpose so he could get rich off of donations from both the SUV makers AND the gas companies.  Now I might have to ask my wife to get a used excursion instead of a new H2.  It has a smaller gas tank which will cost less to fill up so I'm doing my part for conservation.

My neighbor has one of those new hybrid hondas and I laugh at him because he pays the same amount per gallon as I do!!!1  What a sucker.
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Offline Skuzzy

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #43 on: April 28, 2005, 04:40:42 PM »
Holden, you are talking the end result.  You are not talking about the actual path to get there.  So would you take money from your employees to meet your personal goals?  
If yes, then you are a greedy bastiage.

Or would you put that money in your employees pockets in the hope they will better serve the company so the company can grow and eventually build that hospital wing?
If yes, you are ambitious.


Ambition and greed are not the same by a long shot.
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Offline Nilsen

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Exxon On Way To 32 Billion $$ Profit This Year
« Reply #44 on: April 28, 2005, 04:51:43 PM »
Lock the thread while you are ahead Skuzzy. il be back in the morning to argue with you over this unless you dont.

Better lock it Skuzz ;)
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