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

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-statler-and-waldorf.jpg


Greed is the driving force in the economy.

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

Bull ****

There are examples of greed for sure, but the vast majority of
businesses are competitive in nature which doesn't allow for greed to
drive them. Most businesses I know are certainly profit orientated,
either for organic growth and expansion (which generates jobs, BTW)
and/or for a return on investment for the stockholders. Excessive
costs imposed by the government for the privilege of doing business
shouldn't be confused with corporate greed.

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?

On 5/14/13 7:55 AM, Eisboch wrote:


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

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-statler-and-waldorf.jpg



Greed is the driving force in the economy.

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

Bull ****

There are examples of greed for sure, but the vast majority of
businesses are competitive in nature which doesn't allow for greed to
drive them. Most businesses I know are certainly profit orientated,
either for organic growth and expansion (which generates jobs, BTW)
and/or for a return on investment for the stockholders. Excessive
costs imposed by the government for the privilege of doing business
shouldn't be confused with corporate greed.




I'm trying to think of the well-known businesses with whom we interact
every day where greed isn't the driving force. The only ones I can think
of are the small, family run contracting businesses and some family
restaurants.

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

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?

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

Tim's faith has absolutely nothing to do with this conversation Harry.

In article om, hank57
@socialworker.net says...

On 5/13/2013 2:53 PM, F.O.A.D. wrote:


After hundreds of workers were killed in Bangladesh when the factory
they worked at making clothes collapsed, Pope Francis took a moment
during his May Day homily to pray for the victims and their families as
well as condemn the labor practices that took their lives.

?How many brothers and sisters find themselves in this situation!?
said the pontiff referring to the unfair and unsafe working conditions
around the world. ?Not paying fairly, not giving a job because you are
only looking at balance sheets, only looking at how to make a profit.
That goes against God!?

He couldn?t believe that the workers inside the factory were only making
roughly 38 Euros ($50) per month calling the deplorable conditions and
pay ?slave labor.? Workers who subsequently died.

?I call on politicians to make every effort to relaunch the labor
market,? said Pope Francis who went on to say that unemployment is, ?an
economic conception of society based on selfish profit outside the
bounds of social justice.? He also said, ?We do not get dignity from
power or money or culture, no! We get dignity from work.?

The Vatican has spoken against economic inequality throughout the
economic collapse of recent years, and has been often very critical of
unregulated capitalism and the harm it inflicts.

http://tinyurl.com/d4vq8uf

Where's the garment workers union when you need it?

I don't think there's much in the way of unions in Bangladesh.

On 5/14/13 8:20 AM, Eisboch wrote:


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

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?

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

Tim's faith has absolutely nothing to do with this conversation Harry.




I'm not questioning his faith, but I do know that his saviour was not an
advocate of greed.

Perhaps we have a language problem here. I don't have the slightest
problem with a for-profit company making a profit. For me, the question
is, what is the percentage of profit and what is being done to maximize
that profit? If workers are being exploited and forced to work in
dangerous conditions, then the maximization of profit is based upon
greed. If the workers are paid a decent wage and can work in relative
safety, then greed may not be a factor.

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
news:lfKdnX7RluMNiw_MnZ2dnUVZ_rGdnZ2d@earthlink .com...

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.

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.

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
news:lfKdnX7RluMNiw_MnZ2dnUVZ_rGdnZ2d@earthli nk.com...

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.

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?