FDC

[saint]

To answer your question, two days ago I gave two employees a $500 bonus each for one day for a job well done. I share the wealth but the profits should go to the business owner and he can pay what he wants. Yes I have a problem with executive-employee pay ratios and trillion dollar profits when those profits are made on the backs of the afflicted.

Where should the millions in profits go if the employees are well paid?

"On the backs of the afflicted". So, employees working a job and getting paid appropriately are afflicted?

Take Starbucks for example. Their employees are paid well. It's a valued job and people who get them keep them. The corporation makes millions. Is it on the workers' backs? They are afflicted?
Where should the profit go if not to the executives and shareholders?

 

[bleedingpurple]

I think what FDC is saying when he is saying the afflicted are the sick. Health insurance companies drive up prices and make big profit on the backs of the ill because they can. The ill have no other alternative, if you have cancer or you have a heart attack, you have no recourse, you are stuck paying whatever they demand or what ever your insurance doesn't cover, there is no room for debate, you are in a hospital bed at their mercy.

 

[bleedingpurple]

It's not like making profits from selling shoes, or selling a car. It's blood money, they could care less about the consumer

 

[fatdaddycool]

What purple said

 

[saint]

I think what FDC is saying when he is saying the afflicted are the sick. Health insurance companies drive up prices and make big profit on the backs of the ill because they can. The ill have no other alternative, if you have cancer or you have a heart attack, you have no recourse, you are stuck paying whatever they demand or what ever your insurance doesn't cover, there is no room for debate, you are in a hospital bed at their mercy.

Insurance company profits range in the 3% neighborhood. If you google it, it's pretty easy to find.

You guys are basing this off of emotion and not fact.

 

[saint]

It's not like making profits from selling shoes, or selling a car. It's blood money, they could care less about the consumer

Do you think the executives at Starbucks give a flying fuck about their consumers? Nope. They just want them to buy more coffee.

No one has answered me: If a corporation has massive profits and its workers are well paid for their industry, where else would/should the profits go other than the management and shareholders?

 

[fatdaddycool]

Do you think the executives at Starbucks give a flying fuck about their consumers? Nope. They just want them to buy more coffee.

No one has answered me: If a corporation has massive profits and its workers are well paid for their industry, where else would/should the profits go other than the management and shareholders?

Invest in the company and profit sharing

 

[bleedingpurple]

Do you think the executives at Starbucks give a flying fuck about their consumers? Nope. They just want them to buy more coffee. No one has answered me: If a corporation has massive profits and its workers are well paid for their industry, where else would/should the profits go other than the management and shareholders?

I think FDC did answer your question. I don't give a fuck what their profit margin is, they still try to fuck the consumer an drive up costs. I don't care if Starbucks gives a fuck about their consumers, with Starbucks people can choose to drink coffee or not and doesn't affect the most vital part I life...,, your health.

With health care 99.9 % don't choose if we are going to need it, we are, it's not an elective

 

[fatdaddycool]

Insurance company profits range in the 3% neighborhood. If you google it, it's pretty easy to find.

You guys are basing this off of emotion and not fact.

Wrong saint. I've already posted several links debunking mags' talking point. Aetna posted a profit over 7% as did bcbs. Also this does not include their return on equity which pushes that number over 16% if you Google it, It's pretty easy to find. Your basing your post on ignorance not facts. You don't make and report 1.6 trillion dollars on 3%

 

[hedgehog]

the company I work for has 5% profit sharing, I wish it was more but thats the way it is, one day I will be in his shoes I hope, he also lives in a million dollar house he just built and drives a 100K Jaguar, 95% of profit goes to the owner who guarantees the loans at the bank:shrug:

 

[saint]

Wrong saint. I've already posted several links debunking mags' talking point. Aetna posted a profit over 7% as did bcbs. Also this does not include their return on equity which pushes that number over 16% if you Google it, It's pretty easy to find. Your basing your post on ignorance not facts. You don't make and report 1.6 trillion dollars on 3%

so what if it's 10-15%. Look at the profit margins of retail places!

 

[fatdaddycool]

so what if it's 10-15%. Look at the profit margins of retail places!

Then what are you bitching about your premiums for then?

 

[saint]

Then what are you bitching about your premiums for then?

This thread isn't about my premiums. I guess when you can't answer the question at hand that's the direction one must go.

 

[fatdaddycool]

This thread isn't about my premiums. I guess when you can't answer the question at hand that's the direction one must go.

Dude, What question? If it's the one about who gets the profits, I've answered you at least two or three times. You actually have to read people's replies to get the answer when you ask a question. Seriously, bro. Read my replies. I've answered your question several times.

Hope this helps,
FDC