
Today the quarterly profit report come out for Exxon mobile. It said that they made $40 billion this past quarter. Well the news went crazy over this saying this is absurd profits that we have to pay for at the pump. Well the idiots in the media fail to put those profits in context! In order to make $40 billion in profit, Exxon had to spend $400 billion, which translates into 10% profits. Is it so bad that 10 cents per dollar you spend on gas is profit for Exxon? Well a lot of people think so, and i don't understand why. Why are people not upset about the government making 18 cents per dollar spent on gas? The freaking government makes more money off gas than the oil companies do! Why does no one talk about that? To put it more into context, for every dollar you spend on Microsoft products 30 cents of it is pure profit for them. For every dollar spend on long distance phone carriers like AT&T, 15 cents of it is pure profit. So why are there not any idiots going after those companies for making so much more profit than the oil companies??
Liberal Media queers!