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Price of Electricity Hit Record High in U.S. in 2014

No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.
This is true. Sonny is a realist...by no means a socialist. Not as I have sensed by any of his/her posts.

I think when you used the term "greed" in your post, it was taken out of context. Greed, nowadays implys "evil"...when, in fact, greed is the desire to make a profit...something we all should have.
Thanks for your response, much appreciated. To me, GREED is excessive pricing due to the fact that one can get away with it. In other words, when there are no restrictions, either through consumer demand ( buying power ), or through government regulations and fair pricing laws, businesses often take unfair advantage of their position in commerce.

An example would be a hospital that charges $5.00 for an aspirin that anyone can buy by the bottle of 200 tablets for under $2.00. At some point pricing must be based on "fair" as opposed to "greed". To me, it falls in the category of the old saying, "because one can do wrong and get away with it, it doesn't make it right".
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.

No it isn't, it may be your own personal definition but not necessarily accurate for everyone
 
the price of utilities is sure to come down. The Republican Congress will make sure that happens in the near future. Everyone write their Congressman and tell them to make it affordable for people to pay their bills ... then hold your damn breath and DIE before that ever happens.

stupid F'n RW's.

The EPA new regulations are what is increase the cost of electricity. Obama's plan at work sticking it to the "middle class" again :mad:

Looking at the BLS graph it's easy to see that the price of electricity has been steadily on the rise since the late 60's. And it looks as though the sharpest increases were from about '73-'78 and '03-'09. So if you want to thank anyone for the price of electricity at least be honest enough to thank Obama/Bush/Clinton/Bush/Reagan/Carter/Ford/Nixon.
 
the government doesn't send oil companies money understand? "subsidies" are tax breaks for risk and only small companies recieve those tax breaks not large companies anymore and those are worldwide profits. Socialist don't like profit much.... You must be one
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.
This is true. Sonny is a realist...by no means a socialist. Not as I have sensed by any of his/her posts.

I think when you used the term "greed" in your post, it was taken out of context. Greed, nowadays implys "evil"...when, in fact, greed is the desire to make a profit...something we all should have.
Thanks for your response, much appreciated. To me, GREED is excessive pricing due to the fact that one can get away with it. In other words, when there are no restrictions, either through consumer demand ( buying power ), or through government regulations and fair pricing laws, businesses often take unfair advantage of their position in commerce.

An example would be a hospital that charges $5.00 for an aspirin that anyone can buy by the bottle of 200 tablets for under $2.00. At some point pricing must be based on "fair" as opposed to "greed". To me, it falls in the category of the old saying, "because one can do wrong and get away with it, it doesn't make it right".
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.

No it isn't, it may be your own personal definition but not necessarily accurate for everyone
Perhaps...

But the definition I found is this....

greed
ɡrēd/
noun
noun: greed
  1. intense and selfish desire for something, especially wealth, power, or food.
    synonyms: avarice, cupidity, acquisitiveness, covetousness, rapacity
 
Actually, it is much more complicated than that.

Fluctuations in supply and/or demand is what kills the jobs....not greed.

It is like that in all industries...and why we have recessions every 4 years or so.

When the market is rich, the companies invest in new technology as well as additional employees. When demand decreases (or supply increases), the technology must stay for it is paid for, but the additional employees are let go. Then, while in a recession, companies have the opportunity to apply their new technology in the most efficient way possible...and when demand increases again, they realize the new technology can cover the new demand...so no need to hire additional emploiyees..

Call it greed if you wish.....but if during hard times, you fired your gardener and bought a lawnmower...and while using it, you realized it was simple job and not worth the money to rehire the gardener....wouldnt you not rehire the gardener when times were good again?

Is it because you are greedy....or just wiser?
List of largest companies by revenue - Wikipedia the free encyclopedia

ExxonMobil - 5.3 million barrels per day - In Photos The World s 25 Biggest Oil Companies - Forbes

With Only 93 Billion in Profits the Big Five Oil Companies Demand to Keep Tax Breaks Center for American Progress

Fossil Fuel Subsidies Overview - Oil Change InternationalOil Change International

Big Oil s most profitable quarter ever 51.5 billion - ABC News
the government doesn't send oil companies money understand? "subsidies" are tax breaks for risk and only small companies recieve those tax breaks not large companies anymore and those are worldwide profits. Socialist don't like profit much.... You must be one
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.


Do you want politicians to decide what fair is? who decides what is fair?
I believe consumers should decide what's fair via their buying power. But, in cases where there're business monopolies controlling necessities, I believe that the government should look into their business practices, and act accordingly. I do not believe in government control of business America, unless unfair advantage is directed towards the general public. Again, this only applies to monopolies where consumers have little or no choice. Also, my opinion only concerns commodities commonly considered as necessities.

Government intervention puts small companies out of business. Crony capitalism requires big powerful government to sustain it
 
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.
This is true. Sonny is a realist...by no means a socialist. Not as I have sensed by any of his/her posts.

I think when you used the term "greed" in your post, it was taken out of context. Greed, nowadays implys "evil"...when, in fact, greed is the desire to make a profit...something we all should have.
Thanks for your response, much appreciated. To me, GREED is excessive pricing due to the fact that one can get away with it. In other words, when there are no restrictions, either through consumer demand ( buying power ), or through government regulations and fair pricing laws, businesses often take unfair advantage of their position in commerce.

An example would be a hospital that charges $5.00 for an aspirin that anyone can buy by the bottle of 200 tablets for under $2.00. At some point pricing must be based on "fair" as opposed to "greed". To me, it falls in the category of the old saying, "because one can do wrong and get away with it, it doesn't make it right".
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.
I agree 110%. You're correct. As citizens, and as consumers responsible for our economic well-being, we are responsible one to another, and that includes the business world that reaps the rewards of our spending, either for necessities, or for non-necessities. We, the consumer, support our business community through purchases of goods and services. That support should never be abused by unfair pricing. Thanks for your response, much appreciated.
 
the government doesn't send oil companies money understand? "subsidies" are tax breaks for risk and only small companies recieve those tax breaks not large companies anymore and those are worldwide profits. Socialist don't like profit much.... You must be one
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.
This is true. Sonny is a realist...by no means a socialist. Not as I have sensed by any of his/her posts.

I think when you used the term "greed" in your post, it was taken out of context. Greed, nowadays implys "evil"...when, in fact, greed is the desire to make a profit...something we all should have.
Thanks for your response, much appreciated. To me, GREED is excessive pricing due to the fact that one can get away with it. In other words, when there are no restrictions, either through consumer demand ( buying power ), or through government regulations and fair pricing laws, businesses often take unfair advantage of their position in commerce.

An example would be a hospital that charges $5.00 for an aspirin that anyone can buy by the bottle of 200 tablets for under $2.00. At some point pricing must be based on "fair" as opposed to "greed". To me, it falls in the category of the old saying, "because one can do wrong and get away with it, it doesn't make it right".
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.

No it isn't, it may be your own personal definition but not necessarily accurate for everyone
And your definition is ????
 
my cable bill went up because the cable company invested millions of $$ in upgrades, not because some RW'r dreamed up plan that didn't exist.
 
the price of utilities is sure to come down. The Republican Congress will make sure that happens in the near future. Everyone write their Congressman and tell them to make it affordable for people to pay their bills ... then hold your damn breath and DIE before that ever happens.

stupid F'n RW's.

The EPA new regulations are what is increase the cost of electricity. Obama's plan at work sticking it to the "middle class" again :mad:

Looking at the BLS graph it's easy to see that the price of electricity has been steadily on the rise since the late 60's. And it looks as though the sharpest increases were from about '73-'78 and '03-'09. So if you want to thank anyone for the price of electricity at least be honest enough to thank Obama/Bush/Clinton/Bush/Reagan/Carter/Ford/Nixon.


The price of electricity should be going down if not for the fact that we cant hardly build any new nuclear power plants,coal plants are shutting down and new ones cant be built because 'We will bankrupt them"
 
the government doesn't send oil companies money understand? "subsidies" are tax breaks for risk and only small companies recieve those tax breaks not large companies anymore and those are worldwide profits. Socialist don't like profit much.... You must be one
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.
This is true. Sonny is a realist...by no means a socialist. Not as I have sensed by any of his/her posts.

I think when you used the term "greed" in your post, it was taken out of context. Greed, nowadays implys "evil"...when, in fact, greed is the desire to make a profit...something we all should have.
Thanks for your response, much appreciated. To me, GREED is excessive pricing due to the fact that one can get away with it. In other words, when there are no restrictions, either through consumer demand ( buying power ), or through government regulations and fair pricing laws, businesses often take unfair advantage of their position in commerce.

An example would be a hospital that charges $5.00 for an aspirin that anyone can buy by the bottle of 200 tablets for under $2.00. At some point pricing must be based on "fair" as opposed to "greed". To me, it falls in the category of the old saying, "because one can do wrong and get away with it, it doesn't make it right".
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.
I agree 110%. You're correct. As citizens, and as consumers responsible for our economic well-being, we are responsible one to another, and that includes the business world that reaps the rewards of our spending, either for necessities, or for non-necessities. We, the consumer, support our business community through purchases of goods and services. That support should never be abused by unfair pricing. Thanks for your response, much appreciated.
When the floods hit here a while back a few local restaurants who were out of the flood zone spiked their prices knowing people did not have gas and electricity for cooking....nor electricity for food storage.
All but one of them have since gone out of business.
More often than not, greed will put you out of business in the end.
 
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.


Do you want politicians to decide what fair is? who decides what is fair?
I believe consumers should decide what's fair via their buying power. But, in cases where there're business monopolies controlling necessities, I believe that the government should look into their business practices, and act accordingly. I do not believe in government control of business America, unless unfair advantage is directed towards the general public. Again, this only applies to monopolies where consumers have little or no choice. Also, my opinion only concerns commodities commonly considered as necessities.

Government intervention puts small companies out of business. Crony capitalism requires big powerful government to sustain it
But we're not talking about small businesses. We're talking about what could be called monopolies and those businesses that supply necessities. I have stated that I do NOT believe that government should dictate and control the business world.
 
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.
This is true. Sonny is a realist...by no means a socialist. Not as I have sensed by any of his/her posts.

I think when you used the term "greed" in your post, it was taken out of context. Greed, nowadays implys "evil"...when, in fact, greed is the desire to make a profit...something we all should have.
Thanks for your response, much appreciated. To me, GREED is excessive pricing due to the fact that one can get away with it. In other words, when there are no restrictions, either through consumer demand ( buying power ), or through government regulations and fair pricing laws, businesses often take unfair advantage of their position in commerce.

An example would be a hospital that charges $5.00 for an aspirin that anyone can buy by the bottle of 200 tablets for under $2.00. At some point pricing must be based on "fair" as opposed to "greed". To me, it falls in the category of the old saying, "because one can do wrong and get away with it, it doesn't make it right".
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.

No it isn't, it may be your own personal definition but not necessarily accurate for everyone
And your definition is ????

As Milton Friedman said I'm not greedy "it's only fellow who's greedy" greed is relative, it dependents, is capitalism based on greed? is a desire for personal success greedy?
 
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.
This is true. Sonny is a realist...by no means a socialist. Not as I have sensed by any of his/her posts.

I think when you used the term "greed" in your post, it was taken out of context. Greed, nowadays implys "evil"...when, in fact, greed is the desire to make a profit...something we all should have.
Thanks for your response, much appreciated. To me, GREED is excessive pricing due to the fact that one can get away with it. In other words, when there are no restrictions, either through consumer demand ( buying power ), or through government regulations and fair pricing laws, businesses often take unfair advantage of their position in commerce.

An example would be a hospital that charges $5.00 for an aspirin that anyone can buy by the bottle of 200 tablets for under $2.00. At some point pricing must be based on "fair" as opposed to "greed". To me, it falls in the category of the old saying, "because one can do wrong and get away with it, it doesn't make it right".
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.
I agree 110%. You're correct. As citizens, and as consumers responsible for our economic well-being, we are responsible one to another, and that includes the business world that reaps the rewards of our spending, either for necessities, or for non-necessities. We, the consumer, support our business community through purchases of goods and services. That support should never be abused by unfair pricing. Thanks for your response, much appreciated.
When the floods hit here a while back a few local restaurants who were out of the flood zone spiked their prices knowing people did not have gas and electricity for cooking....nor electricity for food storage.
All but one of them have since gone out of business.
More often than not, greed will put you out of business in the end.
Yep, it happens, sadly. I have experienced the same reaction to events.
 
This is true. Sonny is a realist...by no means a socialist. Not as I have sensed by any of his/her posts.

I think when you used the term "greed" in your post, it was taken out of context. Greed, nowadays implys "evil"...when, in fact, greed is the desire to make a profit...something we all should have.
Thanks for your response, much appreciated. To me, GREED is excessive pricing due to the fact that one can get away with it. In other words, when there are no restrictions, either through consumer demand ( buying power ), or through government regulations and fair pricing laws, businesses often take unfair advantage of their position in commerce.

An example would be a hospital that charges $5.00 for an aspirin that anyone can buy by the bottle of 200 tablets for under $2.00. At some point pricing must be based on "fair" as opposed to "greed". To me, it falls in the category of the old saying, "because one can do wrong and get away with it, it doesn't make it right".
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.

No it isn't, it may be your own personal definition but not necessarily accurate for everyone
And your definition is ????

As Milton Friedman said I'm not greedy "it's only fellow who's greedy" greed is relative, it dependents, is capitalism based on greed? is a desire for personal success greedy?
Personal success has absolutely zero to do with GREED. One can succeed without imposing GREED. GREED is not a requirement for success.
 
the government doesn't send oil companies money understand? "subsidies" are tax breaks for risk and only small companies recieve those tax breaks not large companies anymore and those are worldwide profits. Socialist don't like profit much.... You must be one
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.


Do you want politicians to decide what fair is? who decides what is fair?
I believe consumers should decide what's fair via their buying power. But, in cases where there're business monopolies controlling necessities, I believe that the government should look into their business practices, and act accordingly. I do not believe in government control of business America, unless unfair advantage is directed towards the general public. Again, this only applies to monopolies where consumers have little or no choice. Also, my opinion only concerns commodities commonly considered as necessities.

Government intervention puts small companies out of business. Crony capitalism requires big powerful government to sustain it
But we're not talking about small businesses. We're talking about what could be called monopolies and those businesses that supply necessities. I have stated that I do NOT believe that government should dictate and control the business world.


There are plenty of small oil producers but it's harder for them to compete if they are forced to pay outrageous taxes and abide by unreasonable regulations.
 
Thanks for your response, much appreciated. To me, GREED is excessive pricing due to the fact that one can get away with it. In other words, when there are no restrictions, either through consumer demand ( buying power ), or through government regulations and fair pricing laws, businesses often take unfair advantage of their position in commerce.

An example would be a hospital that charges $5.00 for an aspirin that anyone can buy by the bottle of 200 tablets for under $2.00. At some point pricing must be based on "fair" as opposed to "greed". To me, it falls in the category of the old saying, "because one can do wrong and get away with it, it doesn't make it right".
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.

No it isn't, it may be your own personal definition but not necessarily accurate for everyone
And your definition is ????

As Milton Friedman said I'm not greedy "it's only fellow who's greedy" greed is relative, it dependents, is capitalism based on greed? is a desire for personal success greedy?
Personal success has absolutely zero to do with GREED. One can succeed without imposing GREED. GREED is not a requirement for success.
Who decides who is greedy ?..You?
 
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.


Do you want politicians to decide what fair is? who decides what is fair?
I believe consumers should decide what's fair via their buying power. But, in cases where there're business monopolies controlling necessities, I believe that the government should look into their business practices, and act accordingly. I do not believe in government control of business America, unless unfair advantage is directed towards the general public. Again, this only applies to monopolies where consumers have little or no choice. Also, my opinion only concerns commodities commonly considered as necessities.

Government intervention puts small companies out of business. Crony capitalism requires big powerful government to sustain it
But we're not talking about small businesses. We're talking about what could be called monopolies and those businesses that supply necessities. I have stated that I do NOT believe that government should dictate and control the business world.


There are plenty of small oil producers but it's harder for them to compete if they are forced to pay outrageous taxes and abide by unreasonable regulations.
this is true.
 
No, not at all. I'm certainly NOT a socialist by any definition. I never hold it against a company for making a profit, never. I believe ever business should make a fair profit. Profit is what keeps businesses in business. I know of no one that wants businesses to go bankrupt and create unemployment. I think you misunderstood my points.


Do you want politicians to decide what fair is? who decides what is fair?
I believe consumers should decide what's fair via their buying power. But, in cases where there're business monopolies controlling necessities, I believe that the government should look into their business practices, and act accordingly. I do not believe in government control of business America, unless unfair advantage is directed towards the general public. Again, this only applies to monopolies where consumers have little or no choice. Also, my opinion only concerns commodities commonly considered as necessities.

Government intervention puts small companies out of business. Crony capitalism requires big powerful government to sustain it
But we're not talking about small businesses. We're talking about what could be called monopolies and those businesses that supply necessities. I have stated that I do NOT believe that government should dictate and control the business world.


There are plenty of small oil producers but it's harder for them to compete if they are forced to pay outrageous taxes and abide by unreasonable regulations.
That doesn't hold water. Businesses have been dealing with taxation and regulations since there were businesses. Nothing new. Taxes and regulations have been changing for a long time, a very long time. If taxation and regulations closed businesses, then there would be no businesses.
 
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.

No it isn't, it may be your own personal definition but not necessarily accurate for everyone
And your definition is ????

As Milton Friedman said I'm not greedy "it's only fellow who's greedy" greed is relative, it dependents, is capitalism based on greed? is a desire for personal success greedy?
Personal success has absolutely zero to do with GREED. One can succeed without imposing GREED. GREED is not a requirement for success.
Who decides who is greedy ?..You?
I believe both of you are on the same page with the exception of the definition of the word greedy.

Jroc...is price gouging considered greedy in your book? Or do you see it as a business owner capitalizing on circumstances?
 
In retrospect, I agree with your definition of greed...It is more than just the desire to make a profit...it is the willingness to compromise ones ethics to make a profit.

No it isn't, it may be your own personal definition but not necessarily accurate for everyone
And your definition is ????

As Milton Friedman said I'm not greedy "it's only fellow who's greedy" greed is relative, it dependents, is capitalism based on greed? is a desire for personal success greedy?
Personal success has absolutely zero to do with GREED. One can succeed without imposing GREED. GREED is not a requirement for success.
Who decides who is greedy ?..You?
If you'll read back through my many comments to this post ( thread ) you will see my answers to that question.
 

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