Krauthammer on Obama-care. the coming VAT, etc
in [Motorcycles]
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From: 83LowRider on 1 Apr 2010 07:35 "saddlebag" wrote: Not that I expect it will change your mind any but: http://www.forbes.com/static/pvp2005/LIRRI3M.html http://www.nytimes.com/2007/12/07/business/07options.html?_r=1 --------- I don't see anything that says he was awarded a billion dollar retirement package. Did I miss something? It DOES say he owns 800 million worth of stock options, but those could have been accrued over time. Using google (and many results) the biggest retirement package ever given seems to constantly come up with Lee Raymond of Exxon, who received 400 mil.
From: Vito on 1 Apr 2010 07:40 <.p.jm.(a)see_my_sig_for_address.com> wrote | It's exactly the scale of the business that makes it important | to look at the profit margin in percentage terms, not absolute | dollars. The 'magic' number is profit as a percent of investment, not as a tercent of sales. | | And they have a great deal of capital investment, in | facilities and staff. | I'm not sure that's true. The defense contractors who employed me had near nil investment. They borrowed the money to lease buildings and office furniture and leased computers and other equipment then included the interest they paid in overhead. Ditto money to pay people. The Gummymint paid our saleries and the overhead plus (typically) 4 - 5% profit. Doesn't sound excessive but 4% of sales adds up to enormous profits taken as a % of their near zero investment. I suspect health insurers work the same deals.
From: 83LowRider on 1 Apr 2010 07:42 "Bob Myers" wrote: > Yes, the terms are "disclosed" to exactly the degree required by law (and > not one step beyond). But meeting that legal requirement has exactly > zero to do with the question of whether or not you are assured of informed > buyers. No one should ever buy a house without paying a lawyer a couple hundred bucks to look over the paperwork, especially if they are not competent enough to check out their own contract. And even then, they should always use a lawyer. If you are not smart enough to understand the meaning and implications of an ARM, then you are not smart enough to own and maintain a home.
From: Vito on 1 Apr 2010 07:53 "saddlebag" <saddlebag(a)aol.com> wrote [ The last United Healthcare guy that retired got a billion dollar [ pension. I recall reading that something like one out of every nine [ dollars spent on healthcare in the USA went in his pocket. [ No need for healthcare reform, really? And Obamacare fixed that how? By requiring everybody to contribute to these peoples' ripoffs? Sorry, I missed that part.
From: Outback Jon on 1 Apr 2010 08:15
saddlebag wrote: > Every Republican so far refuses to engage in financial > reform with Obama. Unless I overslept and missed an election, the Dems still have control of the Presidency, the House of Representatives, *and* the Senate. They don't *need* the Republicans to "engage" in anything to get it done. So, which party is *really* standing in the way? -- "Outback" Jon - KC2BNE outback_jon(a)g.no.sp.am.mail.com http://folding.stanford.edu - got folding? Team 32 2006 ZG1000A Concours "Blueline" COG# 7385 CDA# 0157 |