Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (403751)	8/2/2008 1:23:30 PM
From: i-node	Read Replies (1) of 1576613

>>> XOM just had its third quarterly profit of $11 billion.... They also invested 7 Billion in new exploration and development and alternatives research, and paid income taxes at an effective rate of 49%. The five big western oil companies profits were $44 Billion for Q2. 44 Billion in profits for keeping maybe a half billion autos fueled doesn't seem unreasonable (not even considering that significant amounts of these profits are from non-automotive sources). These companies are being unfairly targeted by Obama for nationalization solely to play on the emotions of uneducated voters.

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