Friday, July 25, 2008
Roll over... Play dead.
Exxon posted profits this week for last quarter. Yes, the highest yet to date. ELEVEN BILLION DOLLARS. That is for one quarter, 3 months, 90 days. To wrap my head around this number I figured out if they posted profit every hour, 24 hours a day, for 90 days, their hourly profit would be $5,000,000.00 an hour. Yes 5 million dollars an hour, profit. Oil refineries do not have any constraints on polluting our environment any more thanks to W. He says it is the only way to keep prices down… yeah how’s that working for you all. Predictions for gas prices by next year is $10 a gallon. Yeah, how’s that working for you. Is there panic in the streets? People clambering outside the White House gates? Senators and Congressmen afraid of being ousted? No, just Americans opening up their wallets, rolling over and playing dead.