Camride wrote
"As far as looking towards the long term instead of short term profits, you can only hemorrhage so much money before you're going to need to take some in. It won't do any of us any good to get some very cheap or free products from M$ if they end up going under because they can't pay their debts. Just think about the billions that they've likely spend on thousands of people's salaries developing this OS. They have to pay for that somehow. The longer you put profits off, the angrier your creditors get."
Here you are hitting on the reason we're in the mess we experiencing now. Today I heard about some of Maddoff's
Inverstors . Some of them expected 900% a year returns!!! 900%!! How much is MS making per year inpure profit????
Here we are STEALING TRILLONS of dollars from people to sure up a system of EXCESSIVE profits so people making FAR too much money can continue to live their jetsetting live style. A few years ago, an MSNBC financial guru wrote a book that people could live very confortable and fullfilling lives on about $50,000 a yr. I think that in view of the mess were in, maybe society should move toward that as a lifestyle. People who contribuate more to society should make more, but the days of badly run companies is over. And let's face it. GM, Bank of America, Fannie Me, etc were and are badly run companies. They ran their companies on credit while their executives got millions in paychecks. Our children and grandchilren and great grandchildren and beyond will be paying for these leaders of industry's exccesses for all of them lives. They will never know a day of rest, work all their lives, know hunger, cold and destitution. All because they turned Capatilism into a four letter word. They have a last succeded in thier long term goal: to reduce us to the rank of slaves.
And if your running your business on debt, if can't be that good, can it?