So Obama has been elected as our next president.

#1
KB5252

KB5252

Repeat Forward Progress Victim
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#1
What will that mean for the next four years? That depends on who you ask. I sincerely hope he does well, our country can't afford anything less. Whether you agree with his nomination or not doesn't matter, bottom line is he will be the leader of our nation.

What do we know? We certainly know what he pledged to do during his campaign. Now will he stick to his guns, or will he take a more pragmatic approach? That remains to be seen.

What are your takes given the choices he has made for his staff so far?
 
#2
#2
As long as he pays my Exxon bill and my house note and gives me that great health care, he's good with me..
 
#3
#3
myrobbins7 said:
As long as he pays my Exxon bill and my house note and gives me that great health care, he's good with me..
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It would seem from your avatar you are taking the "hear no evil" approach?
 
#7
#7
myrobbins7 said:
As long as he pays my Exxon bill and my house note and gives me that great health care, he's good with me..
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:lolabove:

Made record profits while cutting jobs. So much for the trickle down theory. In this enigmatic economy, it would almost be incompetent not to raise taxes on the Exxon's of the world.
 
#8
#8
truefan said:
:lolabove:

Made record profits while cutting jobs. So much for the trickle down theory. In this enigmatic economy, it would almost be incompetent not to raise taxes on the Exxon's of the world.
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They are already taxed heavily. Serious question for you. At what point do we consider the taxes paid by a company "enough"? Should there not be some across the board % paid by every corporation?
 
#9
#9
truefan said:
:lolabove:

Made record profits while cutting jobs. So much for the trickle down theory. In this enigmatic economy, it would almost be incompetent not to raise taxes on the Exxon's of the world.
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do you know which jobs they cut or why?

Pretending that the profits are being horded and paid to the company is senseless. They have an enormous group of shareholders who have invested gigantic money in the company. Those shareholders happen to be folks like PIMCO and Fidelity. They tend to want a return so people will keep on putting IRA and 401K money in their coffers.

If the company fired some folks in an unprofitable field and saved money for those shareholders, more power to them.

Acting as if corporations owe Americans jobs is just pathetic. If you want that kind of setup, overseas is your spot.

By the by, I haven't heard you lamenting GM and Ford dropping people like flies, even though the companies have big cash on the balance sheets and are getting billions from Pelosi and Co. Maybe you'll target them if someone asks for a free car under the new redistro crowd.

Hey Barry, can I have a free Yukon?
 
#10
#10
KB5252 said:
They are already taxed heavily. Serious question for you. At what point do we consider the taxes paid by a company "enough"? Should there not be some across the board % paid by every corporation?
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Reagan would be a good place to start.
 
#13
#13
i've never understood why exxon gets flamed for their 10% profit margins, but no one bitches at apple for making billions with 40% profit margins.
 
#14
#14
droski said:
i've never understood why exxon gets flamed for their 10% profit margins, but no one bitches at apple for making billions with 40% profit margins.
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I've tried making this same argument with people before, but I have just given up with it. From my experiences, a lot of people either don't understand it or just ignore it.
 
#15
#15
truefan said:
:lolabove:

Made record profits while cutting jobs. So much for the trickle down theory. In this enigmatic economy, it would almost be incompetent not to raise taxes on the Exxon's of the world.
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On the margin. The oil industry urges people to look beyond its profits to its profit margin: about 7.6 percent of revenues late last year. That's not much higher than the 5.8 percent profit margin for all U.S. manufacturing, and if you exclude the financially troubled auto industry from that analysis, the oil industry actually appears less profitable than most manufacturers, which were earning 9.2 cents on every dollar of sales.

Exxon's Profits: Measuring a Record Windfall - US News and World Report
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:hi:
 
#16
#16
exxon and George W are working together. its bush's fault we have high gas prices. i hear this sorry ass excuse all the time, these people amaze me with their stupidity
 
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#17
What I find humorous is I read reports of a LOT of new babies being named Obama. Umm....what if the guy turns out to be the worst president ever? Worse than Dubya or Jimmy Peanuts? How would you like to grow up knowing you were named after him if he fails in spectacular fashion?
 
#18
#18
droski said:
i've never understood why exxon gets flamed for their 10% profit margins, but no one bitches at apple for making billions with 40% profit margins.
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Playing devils advocate, I think the majority of it is people see gas as a necessity, computers as a luxury. If computer prices go up, it doesn't affect the cost of most everything else.

Why are profit margins such a big deal? I would rather sell a million units of something I am making $1.00 on then selling 100 units of something I am making $1000 on. I would think net total profit would be the focus, not how you got there.
 
#19
#19
superdave1984 said:
What I find humorous is I read reports of a LOT of new babies being named Obama. Umm....what if the guy turns out to be the worst president ever? Worse than Dubya or Jimmy Peanuts? How would you like to grow up knowing you were named after him if he fails in spectacular fashion?
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ya i heard that, it's truly sickening. it's seriously a popularity contest now, who is cool, star status, etc...only time will tell
 
#20
#20
rjd970 said:
Playing devils advocate, I think the majority of it is people see gas as a necessity, computers as a luxury. If computer prices go up, it doesn't affect the cost of most everything else.

Why are profit margins such a big deal? I would rather sell a million units of something I am making $1.00 on then selling 100 units of something I am making $1000 on. I would think net total profit would be the focus, not how you got there.
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I understand where you are going but computers are a bad example. They are not a luxury, they are a necessity for business and quickly becoming one in almost every other facet of daily life.
 
#21
#21
BigPapaVol said:
If the company fired some folks in an unprofitable field and saved money for those shareholders, more power to them.

Acting as if corporations owe Americans jobs is just pathetic. If you want that kind of setup, overseas is your spot.
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The said corporations also shouldn't be entitled to a bail out just because they "are too big to fail". Especially when the bailout is coming from taxes paid for by the kind of people they let go.
 
#22
#22
KB5252 said:
I understand where you are going but computers are a bad example. They are not a luxury, they are a necessity for business and quickly becoming one in almost every other facet of daily life.
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The post I was referring to said apple, I assume they meant the company. I still contend the price of gas affects more people than the price of computers though.
 
#23
#23
rjd970 said:
Playing devils advocate, I think the majority of it is people see gas as a necessity, computers as a luxury. If computer prices go up, it doesn't affect the cost of most everything else.

Why are profit margins such a big deal? I would rather sell a million units of something I am making $1.00 on then selling 100 units of something I am making $1000 on. I would think net total profit would be the focus, not how you got there.
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Profit margins matter because investors are looking for a return on their investment.
 
#24
#24
rjd970 said:
The post I was referring to said apple, I assume they meant the company. I still contend the price of gas affects more people than the price of computers though.
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no doubt, like I said I understood your point, just pointing out that computers are not a luxury. No worries.
 
#25
#25
rjd970 said:
Playing devils advocate, I think the majority of it is people see gas as a necessity, computers as a luxury. If computer prices go up, it doesn't affect the cost of most everything else.

Why are profit margins such a big deal? I would rather sell a million units of something I am making $1.00 on then selling 100 units of something I am making $1000 on. I would think net total profit would be the focus, not how you got there.
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yes, but exxon, just like apple, paid billions for research and development to get that oil. there are plenty of necessities that have gone up in price that no one is going nuts over. no one is saying that farmers should get taxed more because the cost of corn has tripled.
 
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