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5 comments:
As an echo to a visitor of my blog who negatively commented on MiddleAgeRiot's memes I'd say: how quaint it is that they sound just like Robert Reich's comments about economy and political affairs.And I dare anyone among us to pretend having half Mr Reich's knowledge and wit regarding these matters...
And Mr JoshuaPotash gives the answer to his own question of course: profits margins are all they're about. For they're only driven by arrogance and don't care after they're gone.
Time to eat them.
Laurent - No amount of BBQ sauce could make them palatable.
They literally care about nothing but money, dear. Eat the rich.
Publicly-traded entities are supposed to care about their stockholders. More profits, higher stock prices, bigger bonuses for the CEOs and such, and THEY get to keep their high-paying job.
"Price Fixing" is illegal, but then too, everybody knows what their and others' operating costs tend to be, so just run off of the material cost and go from there. Plus the old "lot of demand and few items to sell" situation, they claim.
It seems odd that gas will decrease in selling price to a certain point, then suddenly have a 30 cent/gallon increase the next day. Then THAT price starts to decrease a few pennies a day. Until it gets to a certain point and cycle repeat. But why the 30 cents/gallon increase, why not 20 cents/gallon? As the price of crude oil will decrease a good bit.
Anon@9:24pm - Not to be a conspiracy theorist or anything, but I think the system is rigged to make the top 1% richer.
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