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On the CNN radio news (during Thom Hartmann) just now, they reported on Exxon's huge profit......

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-31-08 11:33 AM
Original message
On the CNN radio news (during Thom Hartmann) just now, they reported on Exxon's huge profit......
....and added, "but there's a caveat".....then they played a tape of some analyst bemoaning the "huge amount of taxes" Exxon had to pay, and how that affected the bottom line. :wtf:
F**king please! The corporatist propaganda that passes for news really pisses me off! :argh:



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zbdent Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-31-08 12:08 PM
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1. what taxes?
I mean, they got the Repukes to give them MASSIVE tax breaks in 2006 ...
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-31-08 12:13 PM
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2. I wonder, did the huge amount of taxes they had to pay offset the
forgiving of 90% of the fines levied against them for the Exxon Valdez spill?
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Skeet Donating Member (44 posts) Send PM | Profile | Ignore Thu Jul-31-08 12:15 PM
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3. What did their profit margin come in at? That is the real
measure of what they made.
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-31-08 12:21 PM
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4. That amounts to $1500/SECOND. Nice profit!
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