10.65 BILLION..

Black73

thefin190 wrote:

G.E. is also guilty of skipping out on paying taxes while continuing to ship jobs overseas, infact, receiving unnecessary tax credits.

Agreed, this isn't the right forum for this debate, however...

Skipping out on paying taxes? What unnecessary tax credits is GE receiving?

Remind me again what crime companies are "guilty" of for contributing to global economics? I can't seem to get my dad to understand that employing solely US employees is not only bad business, but it's a very "US is kicking the world's ass" mentality. It's this outlook towards the rest of the world that has contributed to the US becoming fat and happy. Not too different than the belief that "...foreigners coming to the US should learn to speak English or get the eff out." Yup, that's the major tenet the world's largest melting pot is founded upon. Despite the fact that major cities all over the world cater to the US by offering both native-tongue and English languages, we're still better, smarter, bigger, etc, right?

You know what you call a person who speaks three languages? Trilingual. You know what you call a person who speaks two languages? Bilingual. You know what you call a person who speaks one language? American.

I suppose it would be better from US citizens' perspective if GE and other global orgs said "Eff off, third world countries, and find your own means to bring affordable, portable medical advances to your remote villages." That would show them, wouldn't it?

Oh, and you're hoping to "...switch to electric..." huh? Guessing General ELECTRIC might have a hand in helping you with a green alternative. Down with "guilty" corps like GE!

bone

Released1980 wrote:

usamamasan1 wrote:

1. Exxon made 6% of the aformentioned profit selling gas and refining gas in the US. (Other parts of its business, like selling oil and natural gas overseas, accounted for much more.)


2. Exxon doesn't controll the price of oil or gasoline

3. The world is consuming more oil now than it did before the recession, raising demand


Why do people get so bent out of shape when companies make money around here?

Because "We the People" provide the huge tax subsidie which they recieve via OUR TAX DOLLARS..
Any entity making a $10 billion profit that recieves a tax break from the federal tax laws, which BTW were enacted by GW is sickening. Thats how I feel. It's kinda like going to the diner, and watching the waiter eat your fries...

Um, if they've paid 100s of billions of dollars in taxes over the past few years, isn't it just as much their tax dollars. Putting this into context, their tax break is about the same as Joe Blow making 50,000/year getting a tax break of probably less than $1000 for a year. This isn't earth shattering.

RedMosquito22

Released1980 wrote:

Exxon Mobil makes 10.65 BILLION dollar PROFIT, first quarter. That's Jan./Feb./Mar... The Federal Government is providing a 4 BILLION dollar tax subsidie prior to this profit. And they dont plant ONE F*&KIN TREE! PJ20 should in no way be held in a state ran by a weak minded far right wing republican, why? to bring revenue to a state that doesnt believe in collective bargaining...IMO/ And also, are the roadies/stagehands that facilitate PJ shows belong to a union? I'm mad as hell and will continue to take it up the keister until Canada convinces me otherwise! :evil:

:shock: :crazy:

dimitrispearljam

why now u dont billioning??

bone

Released1980 wrote:

Evenflow, I am well aware of the amount of families that rely on corporations such as exxon to provide for themselves. But my point is that a 10.65 billion dollar profit margin for the first quarter of the year, coupled with a 4 billion dollar subsidie from the FEDERAL GOVERNMENT, while all the while the citizens of this country have to bite the bullet on everything. My issue is not entirely with Exxon Mobil, although I will say that there are plenty of back room deals going on everyday between your employer and our elected officials with the sole purpose of jacking up profit margins. And those profits are being made on the backs of the American people. I appreciate what you do, and your concern for your family's well being, and your opinion,but I must say it sounds alot like political propaganda/ rhetoric. Sleep tight..I'm quite sure your bosses do.

So I imagine you work for a not for profit organization?

MG79478

Aaron 23 wrote:

General Electric, another example (and as a side note: the designers of the reactors in Japan that are the cause of so many issues,

The cause of the issues was a massive earthquake and a tsunami. Fukushima was hit with 2 beyond design basis events in the same day. That plant is the only thing standing in the area. This is a VICTORY for the nuclear industry. I guess it's GE's fault that there that TEPCO built the plant where they did, and didn't upgrade it like American plants have? That's the same as wrecking your car and blaming Honda for selling it to you!

usamamasan1

i didn't want to even go there. thanks.
one of the biggest natural disasters in modern times.....not GE's fault, or GW's.

Released1980

bone wrote:

Released1980 wrote:

Evenflow, I am well aware of the amount of families that rely on corporations such as exxon to provide for themselves. But my point is that a 10.65 billion dollar profit margin for the first quarter of the year, coupled with a 4 billion dollar subsidie from the FEDERAL GOVERNMENT, while all the while the citizens of this country have to bite the bullet on everything. My issue is not entirely with Exxon Mobil, although I will say that there are plenty of back room deals going on everyday between your employer and our elected officials with the sole purpose of jacking up profit margins. And those profits are being made on the backs of the American people. I appreciate what you do, and your concern for your family's well being, and your opinion,but I must say it sounds alot like political propaganda/ rhetoric. Sleep tight..I'm quite sure your bosses do.

So I imagine you work for a not for profit organization?

As a matter of fact I do...Board of Education.

Released1980

usamamasan1 wrote:

i am totally down with hugging it out

i know i kinda look fat in my pic though.

:oops:

Released1980

Long day finally over. I get home, check the threads, and see all this discussion that took place and feel great. All opinions aside I would just like to say I truly love you all..oh and @ Bone...I'm just the custodian.

primussucks

total hypocricy with this thread still being around in the porch. If this were a Bush loving or anti union thread it would have been moved or even locked along time ago! Fyi I hate Bush like most people but I think all of you can agree with this.
Ok ill chime in now on the topic. Just a couple years ago oil was discovered in western South Dakota and eastern Montana. In fact they estimate there is more oil there then there is in Iraq and Saudi Arabia. Yet nothing has been done about it. The tree hugers don't want the land touched out there and in alaska yet at the same time bitch about gas prices! Go figure!

Aaron 23

Black73 wrote:

Aaron 23 wrote:

General Electric, another example (and as a side note: the designers of the reactors in Japan that are the cause of so many issues, as well as one of the largest corporate polluters in the United States, more so than ExxonMobil in recent years), had over a 12% net profit disclosed for 2010, but no gripes there...

I get your point Aaron...if ExxonMobil is so "evil," why aren't other companies like Apple and GE. That makes sense. However, being a GE'er I gotta ask: where'd you get your information from? Guessing you think GE has raised their hands in Japan, huh? Any figures on what they've donated, what work they're doing with their customer at the reactor site? One of the largest corporate polluters in the United States? I guess Ecomanigation isn't hitting on its deliverables. Better take down all our wind turbines and not be part of the solution, and continue relying on non-renewable energy resources. Do you have anything tangible to prove your assertion, or are you generalizing? (Sorry for the edits...early-morning grammatical issues with my their/they're usage!)

I know the national pastime is griping about our employers (it replaced baseball after the 1994 strike), but your generalization of "big corporation" is just that...generalization. I remember the BP CEO saying something like "...I just want my life to return to normal..." shortly after the LA Gulf incident. There's one of your differences on why no one is crying foul with "evil" companies like GE who posted 12% net profits...not to mention advances in medicine that GE is offering people in the most remote areas of the world. Bet you didn't know that you and I are two of the "evil" people that make up the 20% of the population currently using 80% of the world's medical technology, did you? GE is responsibly facing into these figures to make it easier for people without modes of transportation, income, safe drinking water, adequate housing, etc to access medical technology, to have access to safe drinking water, creating jobs globally to improve their standards of living.

I'm open for an educated debate, but I challenge you to bring some facts to the argument and not just feelings that may well be formed by what the media is telling you.

Thank you for making my point. I don't see where we disagree, and I think you have me painted as someone that has issues with G.E., Apple, etc. I have zero issues with G.E., Apple (typing this on my trendy MacBook), ExxonMobil, or any other corporation for the profits they make. I was simply making the point that everyone gripes about oil companies for these imaginary huge profits they're making, when in reality, the percentages show they make no more (and often less) than many other companies when compared to the overall revenues created. The ROI of ExxonMobil simply does not support the railings of the detractors. I honestly do not care how much "good" a company does in the world, as long as their products work and they are doing their best to be responsible and ethical with the things under their control.

For some articles on G.E., I resort to the mainly leftist New York Times:

http://www.nytimes.com/2011/03/16/world ... ric&st=cse

http://www.nytimes.com/2011/03/25/busin ... =ge&st=cse

http://classic-web.archive.org/web/2007 ... 265.0.html

^ the above, I admit, is somewhat outdated (published in 2007, but off of data collected a decade ago) but gives an idea of my point with pollution. G.E. has also undergone recent scrutiny for their heel dragging when in has come to the cleanup of the Hudson River, and I believe there have been a few western coal incidents recently.

Also: I was not claiming that they were "worse" than ExxonMobil...if you look at the chart, you'll see who sits right after G.E. I simply found that company comparable (with higher "pollution" data, profit percentages, and a higher percentage of govt money when compared to the overall revenue of the company) and yet somehow blameless to those that rail and complain about ExxonMobil.

Like I said, I personally have no issue with any of the companies, nor their profits. I don't have any issues with the fact that G.E. designed those reactors. I simply have issues with idiots complaining about companies not giving them handouts for their (the company's) hard work, and the hypocrisy shown by them in singling out certain companies with their "moral compass" while ignoring others that are "guilty" (although I see no guilt) of similar offenses.

Also stings that they tend to use what I see as opposite logic with the perceived "rich" and taxes (spill over from the players in a thread on AMT) where they only look at the overall dollar number for ExxonMobil while ignoring the percentage, and look at the percentage for the taxed "rich" while seemingly ignoring the overall dollar amount contributed by them into the system.

Released1980

Does anybody have any info about the question of PJ roadies/stagehands?.. Or POSSIBLEY bringing revenue to a state that has pulled the rug out from under it's public employees :?:

Force of Nature 23

"When the gas in my tank
Feels like money in the bank"

Terps82

Released1980 wrote:

usamamasan1 wrote:

Released1980 wrote:

That's great.. So your cool with 20% of that sum being earned in the LAST 3 MONTHS while gas prices are at an all time high ?

you're right. they weren't this high when GW was President. WHAT IS OBAMA DOING!!!! Where is the outrage from Eddie????

Well said.. I couldnt agree more. Not Obama bashing or Bush supporting, Just sick of how these extremely wealthy companies continue to make huge profits off of the lower class. ( BC there is no more middle class)

"I only know one party, and that is freedom"

There is ABSOLUTELY still a middle class. Im in it....

BTW, lame thread.

Black73

MG79478 wrote:

Aaron 23 wrote:

General Electric, another example (and as a side note: the designers of the reactors in Japan that are the cause of so many issues,

The cause of the issues was a massive earthquake and a tsunami. Fukushima was hit with 2 beyond design basis events in the same day. That plant is the only thing standing in the area. This is a VICTORY for the nuclear industry. I guess it's GE's fault that there that TEPCO built the plant where they did, and didn't upgrade it like American plants have? That's the same as wrecking your car and blaming Honda for selling it to you!

Exactly my point. Designed in the 60's, built in the 70's, and 40 other such sites still in operation today with no noted failures. Great analogy MG...although our litigous society tries to blame their auto manufacturer for said wrecks.

LikeAnOcean

pdalowsky wrote:

If petrol got to 4.40 $ a gallon in the Uk there would he street parties.

I laughed this week when I saw Obama getting all bent out of shape at the price of gas in the states..... It's piss cheap....

Yeah, and how big is England? About the size of Minnesota?

I have to ask, how long is you average commute there? Weren't most of the streets designed before automobiles?

The US is full of suburban sprawls. It's very easy to have a 50+ mile round trip daily commute in the Chicago area..

And you guys SHOULD be bitching too.

MG79478

Black73 wrote:

MG79478 wrote:

Aaron 23 wrote:

General Electric, another example (and as a side note: the designers of the reactors in Japan that are the cause of so many issues,

The cause of the issues was a massive earthquake and a tsunami. Fukushima was hit with 2 beyond design basis events in the same day. That plant is the only thing standing in the area. This is a VICTORY for the nuclear industry. I guess it's GE's fault that there that TEPCO built the plant where they did, and didn't upgrade it like American plants have? That's the same as wrecking your car and blaming Honda for selling it to you!

Exactly my point. Designed in the 60's, built in the 70's, and 40 other such sites still in operation today with no noted failures. Great analogy MG...although our litigious society tries to blame their auto manufacturer for said wrecks.

Agreed, it's a major culture crisis in this country that is due to liberal policies. No one wants to take responsibility for their own actions anymore. So the left sells more government control, and less personal responsibility, with complete disregard for the country’s future, for the price of your vote. I heard on the news this morning that they are trying to ban advertising aimed at children, such as lucky charms, because kids are fat. It's ridiculous that people think that way, instead of parents just taking responsibility for their kids.

PJ_Lukin wrote:

before this gets moved to the train..... He won't criticize the President because Obama was left a huge, steaming pile of shit to dig out of.

Obama has brought a 250 pound mastiff that he has been feeding taco bell, to add to the pile every day for the last two years. So much so, that the original pile, while still shit, doesn't seem so bad anymore.

JForte20

Who makes more off each gallon of gas..the oil companies? or the government?

THE US GOVERNMENT.

http://www.dailymarkets.com/economy/201 ... er-gallon/

Go Beavers

The cause of the issues was a massive earthquake and a tsunami. Fukushima was hit with 2 beyond design basis events in the same day. That plant is the only thing standing in the area. This is a VICTORY for the nuclear industry. I guess it's GE's fault that there that TEPCO built the plant where they did, and didn't upgrade it like American plants have? That's the same as wrecking your car and blaming Honda for selling it to you![/quote]
Exactly my point. Designed in the 60's, built in the 70's, and 40 other such sites still in operation today with no noted failures. Great analogy MG...although our litigious society tries to blame their auto manufacturer for said wrecks.[/quote]

Agreed, it's a major culture crisis in this country that is due to liberal policies. No one wants to take responsibility for their own actions anymore. So the left sells more government control, and less personal responsibility, with complete disregard for the country’s future, for the price of your vote. I heard on the news this morning that they are trying to ban advertising aimed at children, such as lucky charms, because kids are fat. It's ridiculous that people think that way, instead of parents just taking responsibility for their kids.

PJ_Lukin wrote:

before this gets moved to the train..... He won't criticize the President because Obama was left a huge, steaming pile of shit to dig out of.

Obama has brought a 250 pound mastiff that he has been feeding taco bell, to add to the pile every day for the last two years. So much so, that the original pile, while still shit, doesn't seem so bad anymore.[/quote]


Sorry, there is no "cultural crisis" as a result of liberal policies, and to say there is, is putting minimal thought into problems in the U.S. Also, people avoiding responsibility isn't anything new. It's been happening since humans have been able to make choices.