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-   -   No One Should Buy Their Gas !!!! (http://www.clubcobra.com/forums/lounge/92699-no-one-should-buy-their-gas.html)

CobraEd 10-30-2008 07:38 AM
No One Should Buy Their Gas !!!!
 
http://money.cnn.com/2008/10/30/news...ex.htm?cnn=yes

Uhhhhh. Title shoulda said BUY their gas
.

Ron61 10-30-2008 07:47 AM
Exon and Shell didn't seem to be to hard hit by the recession according to this. Another quarter of record profits. Just another report on the link above.

http://www.reuters.com/article/busin...e=businessNews

Ron :eek:

computerworks 10-30-2008 07:51 AM
Quote:
Originally Posted by CobraEd (Post 893739)
[url]
Uhhhhh. Title shoulda said BUY their gas
.
...fixed it for you.

CobraEd 10-30-2008 07:57 AM
Ron, . . . . YOU DA MAN!!!

wtm442 10-30-2008 08:12 AM
Exxon Mobil's profit was 14.83 billion on sales of 137.7 billion.

Do the MATH

That is only a 10.8% profit on sales. That is nothing to write home about. If Fannie Mae and Freddie Mac had that profit, we would not be in the mess we are in now.

My congratulations to the upper management team for showing a respectable profit level during this period of wild swings in the world wide economy.

If you are a small business owner, how would you like it if everyone in your neighborhood carried signs in front of your house denouncing your business as predatory and insisting you should pay a huge windfall profit tax because your business made a 10% profit?

Pure stupidity and typical class warfare from the elite left-wing media.

392cobra 10-30-2008 08:26 AM
If we should quit buying gas because they made 10.8% net profit,here are some other companies that should be run out of business too :

Quit buying computers and most all electronics
Apple 15%
Intel 18%
Nokia 14%

After killing them we won't need :
Google 25%

Of course the phone company is pretty bad too
AT&T 10%


Sounds like O and the Demos are going to have a pretty easy time getting support in ruining our country.:rolleyes:

trularin 10-30-2008 11:47 AM
Why not stop buying all together.

What the heck?

:D :D

kris-kincaid 10-30-2008 12:57 PM
Also, buy Exxon Mobile stock so you can get a chunk of that profit.

Quote:
Originally Posted by wtm442 (Post 893753)
Exxon Mobil's profit was 14.83 billion on sales of 137.7 billion.

Do the MATH

That is only a 10.8% profit on sales. That is nothing to write home about. If Fannie Mae and Freddie Mac had that profit, we would not be in the mess we are in now.

My congratulations to the upper management team for showing a respectable profit level during this period of wild swings in the world wide economy.

If you are a small business owner, how would you like it if everyone in your neighborhood carried signs in front of your house denouncing your business as predatory and insisting you should pay a huge windfall profit tax because your business made a 10% profit?

Pure stupidity and typical class warfare from the elite left-wing media.

cobra bill 10-30-2008 01:34 PM
Quote:
Originally Posted by kris-kincaid (Post 893835)
Also, buy Exxon Mobile stock so you can get a chunk of that profit.
That would be my advice, but that 7billion $ tax break is still a good idea, Ha!

1ntCobra 10-30-2008 02:15 PM
Now why would we want this profit madness to continue? Companies like Exxon probably can pay good middle class wages, so that their employees can pay their mortgages, etc. We should join the Democrats in making it impossible for companies to pay a decent wage! :JEKYLHYDE

bomelia 10-30-2008 02:54 PM
There are communists amongst us.

Mike

1ntCobra 10-30-2008 03:02 PM
Does the smiley not make you realize that sarcasm was involved in my last post?;)

NeoConMan 10-30-2008 03:21 PM
One oil company to avoid for sure!
 
BUY GAS FROM CITGO - SUPPORT COMMUNISM!!!!

Hugo Chavez and the gov't of Venezuela own CITGO 100%.
Every penny of profit leaves the US and goes into their Socialist pockets.

Sean Penn and Danny Glover love Chavez, along with much of the Hollywood crowd.
Oh, and so does Barack Obama...

cobra bill 10-30-2008 04:52 PM
Quote:
Originally Posted by NeoConMan (Post 893873)
BUY GAS FROM CITGO - SUPPORT COMMUNISM!!!!

Hugo Chavez and the gov't of Venezuela own CITGO 100%.
Every penny of profit leaves the US and goes into their Socialist pockets.

Sean Penn and Danny Glover love Chavez, along with much of the Hollywood crowd.
Oh, and so does Barack Obama...
Actually that's a true socialism, not what you guys accuse Obama of, when you do you only show your stupidity, all the money from the oil in Venezuela is nationalized the only ones to profit from it is the country! not the oil companies, that's why we hate him so much! Like Sarah Palens Alaska ware she redistributes oil companies money to give to its people that's socialism.

wtm442 10-30-2008 07:24 PM
Quote:
Originally Posted by cobra bill (Post 893918)
Like Sarah Palens Alaska ware she redistributes oil companies money to give to its people that's socialism.
Wrong again, oh anointed one. Distributing money from oil companies was written into law when the pipeline was built. She was following a long standing law. Distributing anything of value to all of your "subjects" is NOT socialism. So, as a matter of fact and law, she had nothing to do with the distribution of oil money.

True socialism is taking something of value from one person and GIVING it to another person. Exactly what Obama told Joe the Plumber.

Sorry to rain on your parade, but you're all wet! :LOL: :LOL: :LOL:

bomelia 10-30-2008 07:36 PM
Quote:
Originally Posted by 1ntCobra (Post 893870)
Does the smiley not make you realize that sarcasm was involved in my last post?;)
I do not believe I was referring to you. Sorry.

Mike

cobra bill 10-30-2008 08:08 PM
She does brag that she got more money from the oil companies for her people, and no matter who set it up in law, its still taking from one and giving to another, I know its a ridiculous comparison to socialism, but that was my point! its just stupid as saying Obama is a socialist! Tax, is a form of socialism, and we have had that written into law for years, and earned income tax credits is a Reagan idea, its the same thing Obama is talking about.

NeoConMan 10-30-2008 09:43 PM
Quote:
Originally Posted by cobra bill (Post 894014)
Reagan idea, its the same thing Obama is talking about.
Yep, you're delusional.
:LOL:


The moon is made of cheese, the check is in the mail.....

Reagan moonlighted as the Easter Bunny?

C'mon, what else ya got for laughs?

:LOL:

mdmull 10-31-2008 06:55 AM
Earned income tax credit was enacted in 1975. Dutch wasn't prez then.

cobra bill 10-31-2008 07:48 AM
Quote:
Originally Posted by mdmull (Post 894158)
Earned income tax credit was enacted in 1975. Dutch wasn't prez then.
OK you got me on that one, I was going on memory, it was more widely-publicized Reagan EIC expansion of 1986 that I was thinking of.


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