Dad - Being his typical silly self...

Dad - Being his typical silly self...
We miss you dad!

Friday, January 30, 2009

Exxon Mobil shatters US record for annual profit

Well, well, well.

Who wants cars that don't use oil?

Certainly not the execs and board at Exxon.

a quote from the article:

"HOUSTON – Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourth-quarter earnings fell 33 percent from a year ago.

The previous record for annual profit was $40.6 billion, which the world's largest publicly traded oil company set in 2007."

Imagine if the people of the USA had a wee bit more of that money in their pockets. A reasonable profit for Exxon and a reasonable price at the pumps. They could use it to "spend, spend, spend" and spread it around a little bit more and maybe, just maybe, a few more people would still be employed and the wheels on the capitalist bus would still be turning instead of sitting still waiting to dry rot.