Shall we start a new thread?

Flame » in reply to Try to think somehitng for a minute

podrock — 4/22/2023 7:07:45 PM (archived)

Of course the banks are in the business to make money, a profit. I do not equate profit with greed.

It depends on the bank. I like my local credit union. But I have issues with some of the bigger ones, some personal experiences that I'll keep to myself.

Look at Wells Fargo. Opening accounts for people they didn't ask for.

Let's look at the biggest egg producers in this country. While they inflated the prices due to the recent avian flu shortage, they made record profits. So they doubled the cost when they didn't have to.

Our local Utility has jacked up natural gas costs. And doubled their profit.

An epipen, whose manufacturing cost is about twenty bucks, costs several hundred dollars retail. Insulin, same thing. Why? Whatever the market will bear. And it will bear a lot if you need it to stay alive. But it is not ethical, in my opinion, to so vastly over charge for medicine so someone can buy a beach house.

It's wrong.

Profit is good. It drives our economy.

Greed is bad, it literally kills people.

Adam Smith discussed this. Unregulated Capitalism results in the abuse of capitalism. See Enron, et. al.

Yeah, let's keep the personal attacks out of this discussion. It is hard enough to express our viewpoints via this medium.

Any economic system can be exploited by the smart and un-ethical. So there must be some sort of control to keep it going, otherwise, it eventually gets destroyed.

The whole thread (42 posts)

AI, Dios Mío! - ER - 4/16/2023 5:07:34 PM
- Should I move this to Flame? - podrock - 4/22/2023 5:11:22 PM
- Would you trust yourself to build an ethical AI? - BuckGalaxy - 4/18/2023 6:10:32 PM
  - Of course not. - ER - 4/19/2023 2:31:22 PM
    - And, it just occurred to me... - ER - 4/19/2023 3:02:34 PM
      - I agree with everything you just said, except... - BuckGalaxy - 4/19/2023 11:30:33 PM
        
        I agree with everything you just said, except... - ER - 4/20/2023 2:20:21 AM
        
        Reflexive need - BuckGalaxy - 4/20/2023 10:15:44 AM
        
        So much right and so much wrong - BuckGalaxy - 4/20/2023 4:13:29 AM
        
        A zero sum-game. - ER - 4/20/2023 2:13:38 PM
        
        You've got it backwards - BuckGalaxy - 4/20/2023 6:24:58 PM
        
        New Maps of Hell - ER - 4/20/2023 1:49:54 PM
        
        Now I am become death, destroyer of worlds - BuckGalaxy - 4/20/2023 9:51:09 AM
        
        Its not the "creators" I mistrust. - ER - 4/20/2023 2:03:57 PM
        
        What you always seem to miss - BuckGalaxy - 4/20/2023 6:32:48 PM
        
        If I need a lawyer, I'll hire one in a heartbeat. - ER - 4/20/2023 7:20:03 PM
        
        Slimy Lawyers - BuckGalaxy - 4/20/2023 11:33:13 PM
        
        Yeah, some are nice guys. - ER - 4/21/2023 1:30:53 AM
        
        A noticeable omission - BuckGalaxy - 4/21/2023 2:03:19 AM
        
        No, I made an edit while you were typing.l - ER - 4/21/2023 2:52:34 AM
        
        An afterthought is better than none at all I suppose - BuckGalaxy - 4/21/2023 3:20:34 AM
        
        As for the businessman, - ER - 4/21/2023 2:35:46 PM
        
        That kind of business owner is more common than you might think - BuckGalaxy - 4/21/2023 7:29:35 PM
        
        I have no problem with the individual entrepreneur chasing a dream. - ER - 4/21/2023 8:00:15 PM
        
        Investment money doesn't just reward investors - BuckGalaxy - 4/21/2023 9:46:25 PM
        
        Making dreams come true - BuckGalaxy - 4/21/2023 9:57:58 PM
        
        Enough! - podrock - 4/21/2023 11:37:33 PM
        
        In my town - ER - 4/22/2023 3:43:55 AM
        
        Wow talk about "sliding off the edge"!! - BuckGalaxy - 4/22/2023 4:01:25 AM
        
        Meltdown? - podrock - 4/22/2023 2:01:41 PM
        
        And the bees made honey in the lion's head. - ER - 4/22/2023 4:45:15 AM
        
        I expected more from you guys - BuckGalaxy - 4/22/2023 7:53:21 AM
        
        Wait a minute - podrock - 4/22/2023 4:00:48 PM
        
        Try to think somehitng for a minute - BuckGalaxy - 4/22/2023 6:03:49 PM
        
        Shall we start a new thread? - podrock - 4/22/2023 7:07:45 PM
        
        You're the one having trouble focusing - ER - 4/22/2023 3:51:17 PM
        
        Amateur psychology - BuckGalaxy - 4/22/2023 4:59:17 PM
- Dying Inside - ER - 4/17/2023 1:01:35 AM
  - I would probably fail a Turing test. - podrock - 4/18/2023 3:00:47 AM
    - Something else, though, - podrock - 4/18/2023 3:37:20 AM
    - You don't need high tech to create a benign tyranny. - ER - 4/18/2023 3:31:44 AM
      - The gilded cage? - podrock - 4/18/2023 3:52:06 AM

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