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#41 | |
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XDTalk 500 Member
Join Date: Jun 2008
Location: Utah
Posts: 508
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Quote:
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Live for something, or die for nothing - Rambo Gun control is holding it with both hands! The only thing better than an XD is having TWO XD's. XD9 Sub Compact Black Beretta 92FS |
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#42 |
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XDTalk Newbie
Join Date: May 2008
Posts: 14
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So do residents of Switzerland or the Philippines, etc blame Oil company CEO's for their high gas prices?
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#43 |
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XDTalk 100 Member
Join Date: Mar 2008
Location: North Idaho
Posts: 117
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I blame politics and the hippies.
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#44 |
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XDTalk 1K Member
Join Date: Feb 2008
Location: Houston, Texas
Posts: 1,111
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about oil companies posting record profits:
Their profit margin is 15% at best, the reason their profits are huge is because they sell an ungodly amount of fuel and chemicals a year. There are many other industries that make a LOT more than 15% profit margin on you but no one cries about that. Pharmaceutical companies are known to have 30,000% profit margins on some drugs, some even as high as 200,000%. Restaurants have insane profit margins, the list goes on. This windfall tax is utter BS, Jimmy Carter tried that in the 80s and it was an epic failure. If you impose that tax on the oil companies, guess what they are going to pass down this extra expense on.....the consumer. If you think gas prices are high now wait until this windfall tax comes in. This is exactly what happened in the 80s. That tax on companies that make a lot of money is total crap, punishing them for being successful, so anti capitalism and so pro socialism. America needs to cut down on its consumption, stop using 6000 lb vehicles to take a 150 lb human being to work. The dollar taking a dump in value isnt helping either Profit Margins of Selected Industries Oil Profit Margins vs. Other Industries The Everyday Economist In defense of oil companies - Apr. 29, 2008 next
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XD9 Service Black XD9 Subcompact Black w/ Heine NS AR15 16" Midlength Lancaster AK47 Russian Red Remington 870 12ga Express Last edited by ForTehNguyen : 07-13-2008 at 07:24 AM. |
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