Now, I’m not one to be overly upset over profits. Typically, I prefer profitable companies to non-profitable companies. Much like with successful individuals and families, companies who make good profits usually do so because they’re strong companies that have developed good products that people want to buy. Yes, there are individual cases of corruption, but entire industries?
And typically, they’re going to be larger than 2.2%.
Let’s put it another way – in the same way that companies that make large profits are considered to be “successful”… an industry involved in malfeasance that only squeezes out a 2.2% profit probably isn’t very good at it. In fact, a reasonable, logical human being would look at such an industry and question as to whether said industry was indeed criminal at all.
Profit Margin on a DVD purchase? 20-30%. If you download the movie from iTunes or Amazon? 60-70%. Michael Moore’s idiotic propaganda crapfest “Fahrenheit 9/11″ made $222,446,882 off of a shooting budget of around $6,000,000. That’s a 97.3% profit margin.
How about profits for Carbon Credits? Huge, with tons of money spent and no actual products produced.
Apparently, profits are only obscene when they go to causes liberals don’t like.