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Harryk Harryk is offline
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First recorded activity by BoatBanter: Dec 2010
Posts: 1,524
Default Gas getting higher.

On 2/28/11 3:35 PM, wrote:
On Mon, 28 Feb 2011 15:16:04 -0500, Wayne.B
wrote:

On Mon, 28 Feb 2011 11:12:34 -0800,
wrote:

On Mon, 28 Feb 2011 05:44:56 -0500, Wayne.B
wrote:

On Sun, 27 Feb 2011 21:24:46 -0800, wrote:

On Sun, 27 Feb 2011 19:50:35 -0500, Wayne.B
wrote:

On Sun, 27 Feb 2011 15:16:48 -0800, wrote:

Corporations are beholden to their stockholders, not the customer.

Any business is a balancing act between customers, stockholders
(owners), and employees. On top of that, throw in the government,
general public, media and financial services just for good measure.

My advice? Become a stockholder. It's very satisfying to be a
stakeholder in a well run business.

I am a large stakeholder in my own corporation, and it's run very
efficiently. But it's not in the oil industry where competitors work
in collusion. I have competitors in what's called a free market.

Any time oil/gas prices go up, it becomes very popular to think that
there is some vast conspiracy behind it. Who's fault is it when
prices go the other way as they sometimes do? There are vast numbers
of middle men involved in the production, distribution, refining and
transportation of oil. If they think prices are going up in the near
future because of a posible shortage, they do the same thing that you
and I would do, and try to buy more right now. The only collusion
involved is supply and demand.

Actually, it's pretty obvious there is a conspiracy. It isn't about
fixing prices though. It's about corps not giving a crap about this
country or its people. They attempt to rig the electoral process and
usually succeed.


You and Harry are too much with this corporate conspiracy nonsense.
Perhaps you can both go to Venezuela and help Chavez nationalize their
remaining industries.


So you believe that corps have the best interest of the US in mind? I
thought they had the best interest of their shareholders and CEOs in
mind first.

Nobody is talking about nationalizing companies, but you'd rather
deflect any discussion about reasonable regulation.



It's corporations uber alles, nothing less. Wayne wants us to think
corporations don't talk to each other because there are virtually
unenforced regulations against doing so. He obviously spent his working
life working for a large corporation and is rationalizing it.