JTP wrote:
So you still don't have a number. No amount of profit is EVER enough for you. That's all I can get from your diatribe.
No, any amount of profit is good.
Why can you only look at the total number? CIBC employs tens or hundreds of thousands of people in multiple countries. I don’t know the actual percentage is, but I would bet that their profit vs revenue ratio is about the same as a successful small or medium business. Just because they are huge and the total amounts are eye popping doesn’t mean they are proportionally any more profitable than a smaller business.
Really, the only difference between a corporation and a small/medium business is that in a corp they GIVE most of the profits away, where a small business just funnels it’s profits into the pockets of the owners. By the logic of a socialist, we should be whacking those small business owners as greedy monsters and embracing the charitable nature of big business. One funds the retirement plans of millions while the other funds the retirement plan of just a few. Isn't that the rallying call of socalism? The many over the few?
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