Friday, February 03, 2006

ExxonMobil Had a Good Year

"The world's largest oil company, ExxonMobil, has announced its record-breaking profits for 2005 -- $36.13 billion. That is the largest profit ever recorded in the history of American capitalism."

Let's all read that second sentence slowly; let it sink in, along with all of its implications and consequences.

(Thanks to Elan Flux for the info…now if she’d just start writing on her blog again I’d add her link from my blog.)

2 Comments:

Blogger Stephen (aka Q) said...

Doesn't it make you feel better to know that there was an upside to Hurricane Katrina? Remember how the oil refineries were knocked out of production, and gas prices shot skyward? Without that, Exxon couldn't have realized these profits.

It's nice to know all those people in New Orleans didn't die or get driven from their homes for nothing.

1:40 PM  
Blogger Carolyn said...

I think we all knew SOMEONE would profit from Katrina...sadly. I'm not all that surprised it was an oil company.

5:49 PM  

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