The president and those on the left love to vilify the oil
companies. With gasoline averaging $3-$4, many Americans play right into
that vilification and the resulting hatred of the oil companies for
their "obscene" profits. The reality is that the oil companies operate
on incredibly slim profit margins.
With Mother's Day this past weekend, I got to thinking: What is
Hallmark's profit margin on a $5 Mother's Day card? I don't know for
certain, but I would be willing to bet that that $5 card costs Hallmark
no more than 50 cents to produce.
So...what about Hallmark's "obscene profits"?
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