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I love educating the misinformed…Lets continue this lesson..FactsActually no its not capped at 15%... Nice try but I believe you just pulled that number out of the air to sound like you know what your talking about..What Actually happens is that after all operating costs(which includes upgrades to stores on base and new stores) are deducted from Earnings, whatever is left(Not 15% of it… 100% of it) is returned to us the customers.For example, Over just the last 5 years AAFES has returned back to its customer over 200 million.
AAFES is audited by outside accounting firms each year just like any other publically held company…
LOL Housing for the EXEC management??? Not sure where you got that from but again figure you pulled it out of the air..There is NO housing provided for anyone (From the CEO to the janitor). The ONLY housing that is provided is when AAFES employees deploy.
AAFES has no high paid Lawyers… LOL… As stated, all pay is capped… Yes even the lawyers that work for AAFES.. Basically the same pay scale the military uses…
While it is true AAFES does not offer any stock options to its Employees (By Law they cant by the way), they do offer one of the best retirement pension programs of any company in the world… Including “Paid up Insurance” once you retire.. What does Paid up Insurance mean??? Once you retire, you and your spouse(if you are married) have Insurance the rest of your life and you pay NO premiums..
Another little know fact most people don’t know or realize… AAFES is self sufficient.. What does this mean? It means AAFES receives NO tax payers dollars to run AAFES.. AAFES pays ALL its on bills from its earnings…(And then as stated gives the profits back)
Oh and "World Peace withing 10 years".... LOL.. When Pigs fly...Anyway class dismissed for today…. But I could go on and on…Until the next lesson remember boys and girlsAs John Adams said….. “Facts are such stubborn things”
bnthrdntht on Yesterday at 01:13:45 AM Just a postscript, None of the other Major retailers have a chance for this market because of Aafes paid lawyers, who they seem to have a lot of money for. Personally I see world peace coming in the next ten years. Then there will be no need for militaries, it will all be electronic. WTF are you going to do then, Aafes?
Quote from: WhoKnows on March 10, 2010, 01:20:19 PMWow, all those dazzling "facts" and AAFES is still hated by the military.You guys had better milk the cash cow in Iraq for all its worth, because when that "war" ends you will see those "profits" drop faster than AAFES can transfer a worthless manager.Afghanistan will not be so lucrative, because the commander has put you guys on notice and you will not be able to drain the soldiers there like you have in Iraq.You only have Europe to gain any meaningful earnings, because stateside AAFES is a joke.hahahahahahahahahaIraq has been a BIG lose for AAFES you DUMB ARSS..If not in Iraq AAFes WOULD HAVE MADE tons OF MORTE MONEY... UMMMM mONEY FOR YOU hELLO...yOU PEOPLE ARE SOOOOOOOO dUMB.. i AM SORRY,.... bUT YOU AR..
Wow, all those dazzling "facts" and AAFES is still hated by the military.You guys had better milk the cash cow in Iraq for all its worth, because when that "war" ends you will see those "profits" drop faster than AAFES can transfer a worthless manager.Afghanistan will not be so lucrative, because the commander has put you guys on notice and you will not be able to drain the soldiers there like you have in Iraq.You only have Europe to gain any meaningful earnings, because stateside AAFES is a joke.
"Afghanistan will not be so lucrative, because the commander has put you guys on notice and you will not be able to drain the soldiers there like you have in Iraq."please PLEASE, PLEASE you people pull more shite out fo the air then Al gore..I would LOVE to see you back up this dumb arse no clue statement... Please...
Quote from: JohnHammer on March 10, 2010, 08:23:19 PM"Afghanistan will not be so lucrative, because the commander has put you guys on notice and you will not be able to drain the soldiers there like you have in Iraq."please PLEASE, PLEASE you people pull more shite out fo the air then Al gore..I would LOVE to see you back up this dumb arse no clue statement... Please...http://www.stripes.com/article.asp?section=104&article=67911Is this back up enough? Please leave Al Gore out of this, because people like you make him look like a genius by your mere existence. Wait on it........................................................................................
Well..it sure seems like John thinks of himself as pretty darn smart and we are all so impressed he has known several executives on a personal level. But John you don't seem quite bright enough to understand that RFT(Regular Full Time) is Full Time. Maybe one of your executive buddies could talk very slowly and explain it to you.