On 5/14/13 8:34 AM, Tim wrote:
On May 14, 7:29 am, "F.O.A.D." wrote:
On 5/14/13 8:28 AM, Tim wrote:









On May 14, 6:55 am, "F.O.A.D." wrote:
On 5/14/13 7:46 AM, Tim wrote:

On May 14, 6:43 am, "F.O.A.D." wrote:
On 5/14/13 7:19 AM, Eisboch wrote:

"F.O.A.D." wrote in message
m...

On 5/14/13 5:32 AM, Wayne B wrote:
On Mon, 13 May 2013 19:51:26 -0400, "F.O.A.D." wrote:

You can depend upon a bankster not giving a **** about the greed that
cost more than 1000 lives. No one said the factory shouldn't make a
profit, by the way.

===

It's good to see you once again searching for the moral high ground.
Hopefully you'll find it some day but I'm not holding my breath.

Just as an FYI, I'd argue that incompetence was probably a bigger
culprit than greed in the case of the building collapse. When things
are designed and built correctly, they don't fall down.

What a wonderfully self-delusional way to look at corporate excess. The
guy who expanded the building illegally in Bangladesh was simply
incompetent and didn't know what he was doing would lead to disaster.
The companies who contract for the lowest price manufacturing facility
didn't know the companies they retained had their workers laboring for
**** wages in such a facility. It's never greed, because the free market
system, why, it demands that structures and systems are designed, built,
and operated correctly. Yup, so anything horrific that happens, why it
is never the fault of cost-cutting or greed.

---------------------------------------

Wow. Harry, you really have become cynical to an excess over the
years. Starting to think GOM syndrome is setting in.

http://resources1.news.com.au/images/2013/02/28/1226587/474989-statle...

Greed is the driving force in the economy.

It's the driving force of any economy. ie to gain more

So, you are an acolyte of Gordon Gekko, and believe that unrestrained
greed is good? Mighty shaky ground for a devout and believing Christian,
eh?

No Harry, you are. I was agreeing with your statement.

There's a difference between making a profit, which a business has to do
to survive and grow, and greed. Profit and greed are not synonyms.

You said:

"Greed is the driving force in the economy."

I said:

"It's the driving force of any economy. ie to gain more"

I was agreeing with your statement, saying nothing of my approval.
Don't know where you got that. And questioning my faith because I
agreed with your line? Nice spin.

I'm finding more and more that there are those who will grab for any
straw when they find they have no foundation to stand on.


So, you've figured out the underpinnings of the GOP, eh?

I don't equate a business making a reasonable profit with "greed."
Apparently you do. Greed incorporates either the pursuit of or the
making of an unreasonable profit.

What's an unreasonable profit? Depends. Banks are paying about 2% on
savings these days, and, assuming your deposits are under the FDIC
insurance limites, those deposits are pretty much risk free. So, what is
a reasonable profit if you are putting your money at risk? Five times
the insured savings rate? Ten times? Fifty times?