Comments on: If Profit is Amoral, are Losses Moral? http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral/ Thu, 09 Feb 2012 03:41:30 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: joe halloran http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral/comment-page-1/#comment-1854 joe halloran Wed, 30 Nov -0001 00:00:00 +0000 http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral,1509#comment-1854 The definition of "amoral" seems to have eluded you. Hint: it is not synonymous with "immoral" and "moral" is not it's opposite. The definition of “amoral” seems to have eluded you. Hint: it is not synonymous with “immoral” and “moral” is not it’s opposite.

]]> By: John Powers http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral/comment-page-1/#comment-1855 John Powers Wed, 30 Nov -0001 00:00:00 +0000 http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral,1509#comment-1855 My lame attempt at a joke about Sen. Obama's lame attempt at economics. He does say claim there is a difference between the "amoral" corporation and oil companies, which signals that somehow oil companies are something other than amoral (and violate the demand curve). JBP My lame attempt at a joke about Sen. Obama’s lame attempt at economics.

He does say claim there is a difference between the “amoral” corporation and oil companies, which signals that somehow oil companies are something other than amoral (and violate the demand curve).

JBP

]]> By: joe halloran http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral/comment-page-1/#comment-1856 joe halloran Wed, 30 Nov -0001 00:00:00 +0000 http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral,1509#comment-1856 Not an economist but - when he says "the difference is" I interpret that as a reference to the "ideal" unmanipulated (haha) working of supply and demand vs. the actual highly manipulated state of affairs in the oil industry - and of course in any industry with enough clout. Regardless, using the word "amoral" to accuse him of branding profits as "immoral" seems unfair even if cute. Not an economist but – when he says “the difference is” I interpret that as a reference to the “ideal” unmanipulated (haha) working of supply and demand vs. the actual highly manipulated state of affairs in the oil industry – and of course in any industry with enough clout.

Regardless, using the word “amoral” to accuse him of branding profits as “immoral” seems unfair even if cute.

]]> By: John Powers http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral/comment-page-1/#comment-1857 John Powers Wed, 30 Nov -0001 00:00:00 +0000 http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral,1509#comment-1857 It's the best I could do with my limited wit. The oil industry is one of the most competitive in the world. Refiners are in a real bind financially, as consumers are reluctant to pay what is need to keep them afloat. If there ever was a case of the demand curve behaving as theoretically predicted, the current oil market is a perfect example. JBP It’s the best I could do with my limited wit.

The oil industry is one of the most competitive in the world. Refiners are in a real bind financially, as consumers are reluctant to pay what is need to keep them afloat.

If there ever was a case of the demand curve behaving as theoretically predicted, the current oil market is a perfect example.

JBP

]]> By: Bill Baar http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral/comment-page-1/#comment-1858 Bill Baar Wed, 30 Nov -0001 00:00:00 +0000 http://www.cdobs.com/archive/our-columns/if-profit-is-amoral-are-losses-moral,1509#comment-1858 Thomas Sowell has written some great columns on attitudes like Obama's towards industry. What evidence can Obama show he would make better investment decisions than Oil Execs? If they've done a lousy job (and they're not a very creative lot..consider the achievement of giving us "cyrstal clear" blend of gas) what's Obama's management going to do that improves it and at what lost to our liberties and rights if the government takes on the roll of deciding investment. Thomas Sowell has written some great columns on attitudes like Obama’s towards industry.

What evidence can Obama show he would make better investment decisions than Oil Execs?

If they’ve done a lousy job (and they’re not a very creative lot..consider the achievement of giving us “cyrstal clear” blend of gas) what’s Obama’s management going to do that improves it and at what lost to our liberties and rights if the government takes on the roll of deciding investment.

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