10.65 BILLION..

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  • Released1980
    Released1980 Posts: 1,790
    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.
    "It's so nice to hear that in other parts of the world, the stress- borne from envy- that one finds for themselves is the animosity they develop towards a person selling a box of records. How fortunate!" ~ Thirty Bills Unpaid

    MLMF NYC
  • bicyclejoe
    bicyclejoe USA Posts: 1,203
    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:

    Amen, brother.

    Don't let the meat heads in this thread bring down.
    My Pearl Jam Road: 10/22/90 Seattle | 12/22/90 Seattle, Moore Theater | 9/29/92 Seattle, Magnusson Park, Drop in the Park | 9/5/93 The Gorge, with Neil Young and Blind Melon | 7/20/06 Portland, Arlene Schnitzer Concert Hall with Sleater-Kinney | 7/22/06 The Gorge, 10/21/06 Mountain View, Shoreline Ampitheatre, Bridge School Benefit | 9/21/09 Seattle | 9/22/09 Seattle | 9/26/09 Portland, OR | 7/14/2011 Eddie Vedder, Portland, OR | 11/29/13 Portland, OR
  • usamamasan1
    usamamasan1 Posts: 4,695
    evenflow wrote:
    PJ_Lukin wrote:
    Sorry, I will never agree that a faceless, soulless entity like a corporation is more deserving than real, breathing, flesh and blood people who are just trying to get by.

    Uh (raises hand) here's a face you can use when you think of ExxonMobil. If mine doesn't work for you then use my daughters.

    it's rare here that there is a voice of reason. thank you for taking time out of your day working and being a father to your child to address this baseless witch hunt.

    Problem around here is, the demographics are skewed just a bit. many on here can't see past their own problems and try to zero in on the big targets. it's an education issue we need to address in this country.

    keep up the WORK and providing for your FAMILY and i wish you the best.
  • LikeAnOcean
    LikeAnOcean Posts: 7,718
    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:
    Dude.. Democrats are run by the same people.. The republicrats are in love with the oil industry.


    I REALLY want to stop driving, and I'm definitely cutting back.. but we are fucked right now.. $4.40+ a gallon in the Chicago area..
  • usamamasan1
    usamamasan1 Posts: 4,695
    PJ_Lukin wrote:
    Unless you are extremely wealthy and don't give a shit , how could you defend a corporation making obscene profits while people can not afford to put gas in their cars? At what point is not OK to profit from the misery of others?

    if you can afford a car you are probably doing better than at least 90 percent of the worlds population.

    misery?
    :lol:
  • LikeAnOcean
    LikeAnOcean Posts: 7,718
    Even driving a Civic, I have to pay the oil industry $8+ bucks right now just to drive 25 miles to see my girlfriend. :(
  • Aaron 23
    Aaron 23 Allen, TX Posts: 543
    This same basic thread came up on AMT, also...I will post a slightly modified version of what I posted there, here:

    Insane how ExxonMobil had a yearly revenue (for 2010) of $383.221 billion last year and a Net Income (profit reported after taxes, etc, 2010) of $31.398 billion (which comes out to roughly an 8.2% profit) and yet a company like Apple had a disclosed revenue (2010 figures) of $65.23 and a reported profit of $14.01 billion which is roughly 21.5%, yet all I hear is how "evil" ExxonMobil is, regardless of the fact that Apple takes in over twice the amount when regarded from the perspective of percent (from which all profits should be calculated from an ROI perspective). 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 understand everyone "feels" that oil is a necessity, while Apple is not...GE's necessity is a little more apparent, but why crucify a company for staying profitable? Are YOU going to go into the ground and get out the oil you need? Cut those profits, and there is no oil, because there is nobody at the top that is being paid to run a company to go into the ground and get it out, expand that capability, etc. To say it is raping us with its excess "profits" is simply untrue, and a pretty ridiculous claim that I have never understood from these people. Sure, they make a large amount of money, but when you cut it down to a percentage, those "obscene profits" simply aren't anywhere near the claims of their detractors.

    If the government is giving them $4 billion, go complain to the government. They've given a ton of companies money, yet ExxonMobil is somehow targeted as the one that doesn't "deserve" it.

    If only these people used their same ridiculous math with the rich and taxes...
  • LikeAnOcean
    LikeAnOcean Posts: 7,718
    How did I once pay .79 cents a gallon in 1998?
  • usamamasan1
    usamamasan1 Posts: 4,695
    rmon257l.jpg
  • Go Beavers
    Go Beavers Posts: 9,618
    usamamasan1 wrote:
    PJ_Lukin wrote:
    Unless you are extremely wealthy and don't give a shit , how could you defend a corporation making obscene profits while people can not afford to put gas in their cars? At what point is not OK to profit from the misery of others?

    if you can afford a car you are probably doing better than at least 90 percent of the worlds population.

    misery?
    :lol:

    Holy crap, I agree with you.
  • usamamasan1
    usamamasan1 Posts: 4,695
    i am totally down with hugging it out

    i know i kinda look fat in my pic though.
  • thefin190
    thefin190 Posts: 918
    This topic probably shouldn't be on the Porch, but since it is, I'd like to put in my two cents.

    I think the fact of the matter is that gas is over $4 per gallon, which is outrageous. Even if the oil companies themselves don't set the price themselves, they reap the benefits. In addition to the profits that they earn, the federal government gives them billions of dollars in subsidies. In return, that money gets given to politicians to pay for their campaign. Even though both sides take oil money, it is heavily skewed towards Republicans. When a company is setting record profits, they do not need subsidies from the federal government. Apple doesn't get subsidies from the federal government, as far as I know. G.E. is also guilty of skipping out on paying taxes while continuing to ship jobs overseas, infact, receiving unnecessary tax credits. It makes no sense than the conservatives here defend oil companies rather than get pissed about the fact that it is $4 fucking dollars per gallon, and rising. It only creates a drag on our overall economy, and it costs just as much for a conservative to buy gas as a liberal. It's not attacking one company, its showing an example of how messed up our priorities are.

    Fortunately, there are no Exxon Mobils here in Washington state, so its easy to avoid them. Regardless, all gas companies are the same, reaping huge profits. I hope to switch to electric in a few years when it becomes more accessible. Until then, I'm happy with my fuel-sipping Toyota Corolla.
    Member Number: 437xxx

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  • dwhite76
    dwhite76 Posts: 2,801
    Seems to me we need a person that really is for the people of the US in office. Some one who will sweep out the old and clean the place up a bit. Its a shame that will NEVER happen. Green Disease. :cry:
    Some words when spoken...Can't be taken back...
  • thefin190
    thefin190 Posts: 918
    dwhite76 wrote:
    Seems to me we need a person that really is for the people of the US in office. Some one who will sweep out the old and clean the place up a bit. Its a shame that will NEVER happen. Green Disease. :cry:
    +1. Although Bernie Sanders gives me some hope.
    Member Number: 437xxx

    Pearl Jam:
    Key Arena - Seattle, WA - Sep 21, 2009
    Pacific Coliseum - Vancouver, BC - Sep 25, 2011
    Key Arena - Seattle, WA - Dec 6, 2013

    Eddie Vedder Solo:
    Benaroya Hall - Seattle, WA - Jul 15, 2011
  • fox_mulderX
    fox_mulderX Posts: 1,134
    i'm watching dawson's creek right now.
  • timbo1972
    timbo1972 Posts: 326
    Exxon make more than the others as they are more efficient. All oil co's have the same basic business (integrateds anyway)

    and electric cars are not zero emission unless the electricity for the charge comes from nukes or alternative.
    14.10.2000 Houston, 09.09.2006 Marseilles, 11.09.2006 Paris, 18.06.2007 London, 17.08.2009 Manchester, 18.08.2009 London, 22.06.2010 Dublin, 23.06.2010 Belfast, 25.06.2010 London
  • bicyclejoe
    bicyclejoe USA Posts: 1,203
    For you Donald Trump chumps ...



    http://www.jackandjillpolitics.com/2011 ... -american/
    My Pearl Jam Road: 10/22/90 Seattle | 12/22/90 Seattle, Moore Theater | 9/29/92 Seattle, Magnusson Park, Drop in the Park | 9/5/93 The Gorge, with Neil Young and Blind Melon | 7/20/06 Portland, Arlene Schnitzer Concert Hall with Sleater-Kinney | 7/22/06 The Gorge, 10/21/06 Mountain View, Shoreline Ampitheatre, Bridge School Benefit | 9/21/09 Seattle | 9/22/09 Seattle | 9/26/09 Portland, OR | 7/14/2011 Eddie Vedder, Portland, OR | 11/29/13 Portland, OR
  • pdalowsky
    pdalowsky Doncaster,UK Posts: 15,234
    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....
  • Black73
    Black73 Posts: 1,018
    edited April 2011
    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.
    Post edited by Black73 on
  • Black73
    Black73 Posts: 1,018
    usamamasan1 wrote:
    rmon257l.jpg
    :lol: This!

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