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Lets call in Walmart Bishop_Chuck 11/14/05
    I see where Walmart has anounced new record earnings.
    Even during this period of bad economy and oil shortages. I do hope Congress is going to call them in also and try to find out how they did this at the expence of the American Public. Perhpas they too should be looked at to turn over thier excess profits back. How can congress let our free enterprise system go wild and these major companies be making money.

    If it was right to call in the oil companies lets call in other companies making more money than the oil companies are.

      Clarification/Follow-up by ETWolverine on 11/14/05 10:27 am:
      Excon,

      When you consider that Chevron Texaco pays 40% in taxes, an 8% NPM is pretty low. Taxes that are 5 time profits? That's insane.

      Elliot

      Clarification/Follow-up by Bishop_Chuck on 11/14/05 6:23 pm:
      For those that missed last week senate hearings, The Democrats had the big oil companies brought before them, and they were trying to demand that they pay back to the American public all of the profits they were making.

      This was an example of how stupid they have been over this.

      Most companies make much higher profit margins and no one is saying a word.

      I got notice of my walmart stock this last week ( good investment by the way) and it was much more than the oil companies make.

      Was using this as an example, no one wanted to call in Walmart for making money, but everyone seemed to want to call in the oil companies for making money

 
Summary of Answers Received Answered On Answered By Average Rating
1. Amazing. A private company is successful, and you want to p...
 11/14/05 ETWolverineExcellent or Above Average Answer
2. Hello Padre: What happened??? Did you turn into a screami...
 11/14/05 exconExcellent or Above Average Answer
3. the premise of course is that it was the right thing to do t...
 11/14/05 tomder55Excellent or Above Average Answer
4. Sometimes profits are high because of very high volume of sa...
 11/14/05 drgadeExcellent or Above Average Answer
5. Hi Bishop_Chuck- Las Vegas recenty posted the second highe...
 11/14/05 YiddishkeitExcellent or Above Average Answer
6. Wal-mart is having lots of public relations problems and the...
 11/14/05 ChouxExcellent or Above Average Answer
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