Framing the Dialogue

Posts Tagged ‘profit’

Too (Tu)

The dictionary defines too as:

  1. In addition; also:
  2. More than enough; excessively:
  3. To a regrettable degree:
  4. Very; extremely; immensely

Synonyms:  devilishly, excessively, exorbitantly, inordinately, intolerably, monstrously, overly, overmuch, unacceptably, unduly

“Too bad the only people who know how to run the country are busy driving cabs and cutting hair”

– – George Burns

“You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too.”

– – John Kenneth Galbraith

“Oh, I don’t blame Congress. If I had $600 billion at my disposal, I’d be irresponsible, too.”

C + P = PC

This is a rather simple equation that should be used whenever a group suggests that something won’t have an impact on consumers or expresses a desire to tax (or charge fees) for some industry or demonize profits from some large industry.

C = Cost to produce something

P = Profit needed by company to make it worth the risk to produce something

PC = Price to consumer

A Rough Pitch

My career as a newspaper delivery person has been fairly rewarding even though it is a tough job.  In a typical year I probably accurately deliver about half of my papers. So for 2000 deliveries per week I screw up around a thousand.  Last year was a bad one for me and my accuracy as I only delivered 200 correctly. I don’t always deliver to the wrong house, sometimes I am just late or my toss misses and the paper ends up in the gutter or in the neighbor’s yard.  I count those as “misses.”

A New MLC

I would have expected the communist Castro to swing left-handed.

So what is “MLC” you ask.  It is Major League Communism and it has been in existence here in Pittsburgh for many years.  Major League Baseball has implemented a mini-communist experiment that would make Karl Marx proud “to each according to his needs and from each according to his ability” or as MLB calls it, revenue sharing.  This seems like a fair thing that the “richer” clubs pay more to support the “poor” clubs.  Maybe we should call this “Sports Justice.”

General Motor$

I was somewhat surprised to read that General Motors is planning to sell stock sometime in the near future a little over a year from its “bankruptcy.”  I used the parenthesis around bankruptcy because what the Obama Administration did for General Motors was not a typical bankruptcy.  Investors were not protected or given preference as was their right;