Good Morning. How are you? Are you worried about making that car payment? Concerned about the high-cost of hearing oil? What about those student loans? How you doing with that? Oh, and by the way, Exxon recorded major profits last year. How much? Well, they made almost $2000 a second. That’s right. A FUCKING SECOND!
Exxon Mobil Corp. set a quarterly profit record for a U.S. company Thursday, surging past analyst estimates. Exxon Mobil (XOM, Fortune 500), the leading U.S. oil company, said its third-quarter net profit was $14.83 billion, or $2.86 per share, up from $9.41 billion, or $1.70, a year earlier. That profit included $1.45 billion in special items. The company’s prior record was $11.68 billion in the second quarter of 2008. The latest quarter’s net income equaled $1,865.69 per second, nearly $400 a second more than the prior mark. The company said its revenue totaled $137.7 billion in the third quarter.
Yep, Taxing the rich? Bad idea. Taxing major corporations? Horrible idea. Just the worst idea ever. Why would we ever even think of doing that?