Posts Tagged ‘profits’
Next Page »Bernie Sanders: Wealth Inequality
on Sunday, January 24, 2021Bernie Sanders Money Quote saying the U.S. is rated first in every metric of inequality. Bernie Sanders said:
“Today, the United States is No. 1 in billionaires, No. 1 in corporate profits, No. 1 in CEO salaries, No. 1 in childhood poverty and No. 1 in income and wealth inequality in the industrialized world” — Bernie Sanders
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Robert Hunter: Windfall Profits
on Sunday, May 3, 2020Robert Hunter Money Quote saying as director of insurance for the Consumer Federation of America that auto insurance companies should return excess profits to consumers. Robert Hunter said:
“Windfall profits for auto insurers and excessive auto insurance premiums should not be another harm visited upon consumers from COVID-19” — Robert Hunter
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Andrew Young: Productive Profit
on Monday, February 24, 2020Andrew Young Money Quote saying Profits should be justifiable and improve the human condition. Andrew Young said:
“Profits should be for a purpose. Profits should be productive. You should make money for producing benefits that make the world a better place. Making money is a good thing when it is made in service to humanity or the democracy” — Andrew Young
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John Mackey: Live To Make Profits
on Thursday, June 13, 2019John Mackey, CEO of Whole Foods with a Money Quote saying we need to differentiate between needs and wants and then include them both into our greater purpose. John Mackey said:
“Just as people cannot live without eating, so a business cannot live without profits. But most people don’t live to eat, and neither must businesses live just to make profits” — John Mackey
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Henry Ford: Embarrassing Profits
on Tuesday, January 8, 2019Henry Ford Money Quote saying any company that focuses on customer service will only have one concern, excessive profitability. Henry Ford said:
“A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large” — Henry Ford
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Seneca: Crime Committed by Profits
on Friday, July 13, 2018Seneca Money Quote saying that those that benefit from criminal acts have as good as committed them. Seneca said:
“He has committed the crime who profits by it” — Seneca
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John Steinbeck: Bank Monster Growing
on Thursday, April 26, 2018John Steinbeck Money Quote saying bank must constantly grow in profit and can’t stop without dying – profit and growth is their reason to exist. John Steinbeck said:
“The bank – the monster has to have profits all the time. It can’t wait. It’ll die. No, taxes go on. When the monster stops growing, it dies. It can’t stay one size” — John Steinbeck
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Adam Smith: High Wages, High Profits
on Tuesday, January 2, 2018Adam Smith Money Quote saying business owners fully blame wages for increasing the cost of goods, but rarely believe profits have any deleterious effect. Adam Smith said:
“Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits” — Adam Smith
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