I'm trying to spruce things up a little around the ol' blog. I thought it was time to find a new face and so I've spent the last couple of weeks looking. I've decided on this one for now but don't know whether or not I'll stick with it. Of course I said the same thing about the blog itself and I've already amazed myself by sticking with it for around 8 months or so.
There seem to be a few kinks to work out right now (one of which being the "follower" widget that I've removed due to these kinks but hope to replace so I can see your smiling faces again) but I'm just getting started and hope to get that taken care of before too long. Be patient with me.
I'm also working on getting back on pointe with the topics around here. I went off on some tangents to get my mind off of the real world for awhile. The president seems to be doing ok (not perfect but ok) which means I can hand over the reins to him and look at my own stuff... on second thought I think I'd rather go back to solving the world's problems. Looking at self is a bitch and I've been doing it for weeks now.
However - I do want to say one thing about Exxon Mobil breaking their own previous record profit that they've now done to the tune of $45.2 fucking BILLION in ONE fucking QUARTER!!!!!!!!!!!!! WHAT THE FUCK????? Why are the tax payers bailing out the banks and auto-industry when Exxon-Mobil could do it themselves???? How do those bastards sleep at night???????????
ahem.. I apologize.
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5 comments:
I've heard a more corporate-minded less liberal friend explain your Exxon-Mobile rant by saying the Profit may be large, but their Profit MARGIN is smaller than most companies. To make up numbers, he said imagine having an operating cost of $1 a quarter. You sell some stuff and make an average of $2 in one quarter. That's a 100% profit margin. Exxon might spend essentially $40Billion a day in operating costs, and made $45.2billion . That's a substantially less "margin" of profit, though the numbers seem huge compared to us poor schmucks.
I don't claim to agree, but it's the counter-argument I've seen a lot to turn my own rants aside.
I really love the look of your new blog face and I hope you can work with it.
As far as Exxon is concerned, it doesn't matter what the "profit margin" is if it is helping to destroy economies, ruin the environment, and not being spent on developing alternative energy technologies. If all that profit was such a fine thing share holder wise, then why doesn't the US government own a huge chunk of these shares and thus not have such fiscal problems? Why don't ANY of us seem to own any of this stock? We'd ALL be friggin rich, wouldn't we? NO.......most of that money is simply lining pockets........and we all know who's........
There should be a "super-mega" windfall profits tax that would take about half of that money.
The thing is when it comes to Corporate America, the oil industry, or any other capitalist groups in the country - I don't worry about justifying their position for them. They have the money to not only justify their own position but also to hire people to do that for them.
Regardless of profit or profit margin, in ONE QUARTER they (Exxon Mobil) made enough PROFIT to cover 5% of the "economic stimulus" all by themselves. That's just ONE company.
yeah, that's the thing that still sucks.
This is CRAZY money we are talking about here, regardless of how you justify it or not. I say, just take the profits and re-invest in infrastructure like roads or paying off bank depts. They may lose money in the short term that way, but they'd be seen slightly less evil by us folks.
Granted, there's no way that'd happen, because as you say, with that kind of money, they just pay people to make them look good to the other folks with money, and the "status quagmire" continues.
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