--- In [EMAIL PROTECTED], Gibson Jonathan <[EMAIL PROTECTED]> wrote: > That you can phrase the question as should a defense company be making > sub-standard profits - whatever that means in this realm - is amazing > to read. If you have any direct experience I'd like to hear about it. > They've always been astronomical
That's interesting. One way to prove this assertion, would be to examine the profits of defense companies. Perhaps you some evidence then that the stock value of publicly-traded defense companies has historically exceeded those of other industries? My point about sub-standard profits was directly related to the trend in the early 90's when many defense contractors went out-of-business during peacetime. Additionally, my point was expressly designed to focus the discussion on the quantifiable. The war is an emotional issue, and it is easy to criticize businesses for "excessive profits." By asking what is the difference between "excessive" and "standard profits", it helps to focus the discussion. The US military from the Continetal Army under George Washington to the armed forces of today has *never* been self-sufficient - the military has always depended upon services provided by outsiders. Presumably, those outsiders have provided those services as a profit. Hence my questions. JDG _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
