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To: Small-L
O'Reilly is an idiot. He really shows that he either does not know anything about economics or he just lies to be popular with his listeners who do not know anything about economics. Either one makes him an idiot.
3 posted on 11/03/2005 7:45:25 AM PST by Hendrix
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To: Hendrix

O'reilly makes higher pct. profit than Exxon. Let's go after him!!


10 posted on 11/03/2005 8:57:59 AM PST by hubbubhubbub
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To: Hendrix

Exactly, anyone who complains that "Profits are X% higher than last year" is an idiot. If last year was a bad year with very little profit, then profits could be 1000% higher and it still could be another bad year.

For example if a major coporationg needs $100 million profit to make a 6% return on investment, then $1million total profit last year would be an failure. A $10million profit this year would still be a failure even thought it is 1000% higher than last year.


12 posted on 11/03/2005 9:22:27 AM PST by On the Road to Serfdom
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