Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: TopQuark

Its not up to me to set what they take. I would say its up to their conscience,but i am sure they dont have one.

I am sure they take what they feel the traffic will bear.

Whatever they take it isnt up to Hillary to decide,any more than its up to me.

We also have to remember that places like Venezuala who steal from the oil companies by nationalising them,take a large share of those profits away. Capitolism thrives on not telling people what their profit should be I can just state an opinion , Mine is that they may be taking a bit more than they should,but if you dont want to pay it, dont drive.


16 posted on 05/24/2007 7:13:43 PM PDT by sgtbono2002 (I'm gonna vote for Fred. John Bolton for VP.)
[ Post Reply | Private Reply | To 14 | View Replies ]


To: sgtbono2002

“If you don’t want to pay it, don’t drive”
Do you really think we drive around simply because we want to?
Do you honestly think we could just stop driving if we wanted to?
What do you think would happen if everybody just stopped driving because they “don’t want to pay the price”?


17 posted on 05/24/2007 7:47:08 PM PDT by smoketree (the insanity, the lunacy these days.)
[ Post Reply | Private Reply | To 16 | View Replies ]

To: sgtbono2002
Its not up to me to set what they take. I would say its up to their conscience,but i am sure they dont have one.

Not a person, and not anyone's conscience determine the value of products and services --- only the market.

In 1980, Detroit had the slowest production lines in the word (autoworkers demanded not to sweat). An 18-year-old with no education was earning $40,000/year -- roughly what an engineer with a Master's degree and some experience.

Should those workers have pinches of conscience, should have they asked, Maybe we are "taking too much?"

The point of this example is that you never apply the "conscience" argument to bus drivers, teachers, or autoworkers. Those people must get as much as they can. But it is "filthy rich" executives that must somehow restrain themselves. Nor do you apply the same standards to basketball players or movie stars -- 30 million in six weeks is OK because he is talented.

To be a CEO of Exxon requires talent as well -- of star caliber. And, like workers and teachers, those CEOs go on the market and sell their talent, just like you and I. It is the market that determines compensation.

The market determines also the price of the stock. Oil companies make large profits only because oil prices have been rising for years. When they were dropping, those companies lost money. I don't remember people feeling sorry for them.

Free markets have made this country most prosperous in the world. Be proud of them. "Conscience"-driven compensation is Marxism.

30 posted on 05/25/2007 2:10:35 PM PDT by TopQuark
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson