Posted by alexandra_k on November 28, 2005, at 18:24:08
In reply to Re: just one more... » alexandra_k, posted by AuntieMel on November 28, 2005, at 18:00:28
> It's both. Without profit there *are* no employees. Without a fair percent return on investment, stockholders will sell the stock and the company will go under, leaving many more unemployed.
... And if we free the slaves, then won't they starve to death?
Do you think there is something wrong with this system?
> Exxon announced "billions" in profit in the third quarter, and got reamed in the papers for it. But, it was still only about 12% return on investment, much smaller than many, many other companies - and the stock price went down.
Where did the profits go?
Did the workers get christmas bonuses?
Lunch?
An adequate health insurance plan?
Good quality housing?> > Kids get free lunches, and for the most part free breakfasts as well, if they need it, during the school year at least.
> In one school my daughter went to, over half the kids were on free lunch.
And that is indeed better than having them go hungry.
I would imagine, however, that is is fairly demoralising to those children who are on free lunch.
> Bill Gates donates millions to charities, including (I think) the new international push to see all kids get vaccinations.
'Millions'.
How many billions, or is it trillions does he have?
To repeat:> "I think that Bill Gates... Probably has enough money to meet the basic needs (of healthcare, education, food, shelter) of every person in a small country for a number of years...
> While still having enough to meet his basic needs, the needs of his family and friends, and still continuing his company and going on to make... More money.
> Yet he chooses not to.
poster:alexandra_k
thread:578654
URL: http://www.dr-bob.org/babble/poli/20051121/msgs/583099.html