CNN News Alert: Exxon Mobil says profit up to $10.49 billion.

[The Velveteen Ocelot]

Exxon Mobil says its profit rose to $10.49 billion in the third quarter, making it the second largest quarterly profit ever for a publicly traded U.S. company, The Associated Press reports. http://www.cnn.com

[HughBeaumont]

1. Hope those several hundred thousand deaths were worth it.

Big Oil execs are living it up on my dime and with American soldier and Iraqi citizen blood.

Anyone find this as stomach churning as I do?

[sugapablo]

2. And yet...

..we keep voting for imbeciles. :shrug:

[w4rma]

4. Those execs should be sent to Iraq to let the Iraqis deal with them. (nt)

[Binka]

5. It's A Good Thing I Am Abroad Right Now

My son almost died in this fucking Iraquagmire and he is still deeply damaged emotionally. I am to the point where I could rip throats out with my bare hands. This rapacious avarice is REVOLTING. What MOTHERFUCKING PIGS!:mad:

[HughBeaumont]

7. All Gold Star and OIL War moms should be allowed to LINE UP

at 1600 PA Ave on 1/20/09 and have one free punch to the former Administration's executive of their choice.

I can imagine the soldiers they've sent to hell a few times would do a lot worse.

[Binka]

9. I Have An Everlast Punching Bag Hugh

Right hook. Upper cut. Jab. I beat the shit out of that thing over the past year and I do so thinking I am pummeling the face of the Ass Carrot who calls himself the decider. I always end up sobbing anyway. There is this rawness in my heart that just will not go away. The Marines are pushing Ben to go back to Iraq. We had a major fight last week and he hasn't called me since. He is very confused and has PTSD but he will not listen to me. I am getting frantic. :cry:

[bdamomma]

26. remember what bush said yesterday, he doesn't want the oil fields

go to the terrorists, he said that yesterday, so is bushie finally telling the truth that our soldiers are getting killed just for freaking oil, we knew that all along too.

[calimary]

31. Oh, but these poor souls DESPERATELY need another TAX CUT!!!

Don't you understand? They need tax RELIEF!!! TOO much burden on their poor widdle shoulders.

Makes me burn with fury, too, Binka.

[pooja]

3. If you own any stocks in that company, pull it out and drain the

hell out of them.

[NOLADEM]

37. Your plea demonstrates a fundamental lack of understanding in how stocks work

"pulling" stocks out means selling them to another individual, not somehow taking the share price worth of cash from the company.

It does not effect the company in any way except to what address they send shareholder meeting notices and quarterly reports.

[pooja]

38. But doesn't a large sale cause the stock value to decline and then

once the shares are worthless the company's own net assets decrease? There are other oil companies and other energy companies that should increase stock value. (solar energy, wind power).

[pinerow]

6. As they say...the economy is in great shape...!!!

:sarcasm:

[primavera]

33. Right

Never before have so few done so much for so few.

[SpiralHawk]

8. "What's good for republicon cronies, is good for me." - Commander AWOL

"All pigs are equal, but republicon crony pigs are more equal. This Eye-raq War is making us All Filthy Rich. Yahoo for Massive Republicon Oil Profits"

- Commander AWOL

[Toots]

10. Works out to $81,000.00 per MINUTE

Eighty one thousand dollars a minute pure PROFIT and that is during their lowering of gas price period as well.

[pinerow]

12. $1350 per second...for all you math freaks...lol

:wtf:

[Yupster]

21. The market cap is $ 427 billion

so if they make 10.5 billion a quarter that's 2.5 % a quarter or 10 % a year profit which is certainly good.

If theoretically everyone sold their stock today and put the $ 427 billion into CD's paying 5 %, then they'd make $ 40,000 a minute.

No matter what you do with $ 427 billion you're going to make lots and lots of money in interest.

On edit, just to expand the large numbers theme, this shows why the social security system is f^&*&cked. Supposedly we've been saving hundreds of billions of surpluses to pay out later to social security recipients. Actually the money is spent as soon as it comes in for missiles and things.

Anyway, the government is keeping track of all the interest the surplus is supposed to be making for us, let's say $ 100,000 a minute. All the projections you hear about social security assume that surplus money is actually there and growing by $ 100,000 a minute and will be paid back some day.

I don't know where the government will ever get those trillions of dollars from, and it sure isn't helping by growing the number needed by $ 100,000 a minute.

[0007]

11. Oil for BLOOD is profitable for the war criminals

Is America in want of anything better?

[onehandle]

13. Exxon Mobil says its profit rose to $10.49 billion (2nd largest ever for US co.)

News alert from top of cnn.com. No link yet.

"Exxon Mobil says its profit rose to $10.49 billion in the third quarter, making it the second largest quarterly profit ever for a publicly traded U.S. company, The Associated Press reports."
_____________________________

NEW YORK - Exxon Mobil Corp. says its profit rose to $10.49 billion in the third quarter, making it the second largest quarterly profit ever for a publicly traded U.S. company.

http://news.yahoo.com/s/ap/20061026/ap_on_bi_ge/earns_exxon

[pinerow]

14. As they say...the economy is in great shape...!!!

:sarcasm:

[wicket]

15. We've turned the corner!

:sarcasm:

[lonestarnot]

16. So with profits like these, guess the war has no end?

[Eurobabe]

17. SCANDALE!!!

[Yavin4]

18. It's A Direct Transfer of Wealth

That money comes directly from a working class that has to travel great distances every day just to work, and thanks to the Republican tax cuts, that money is not re-directed to public transportation systems or lowering the deficit, which would also relieve the working class.

Yet, millions of working class Americans will still support and vote for the status quo, largely because debt is cheap.

[Lochloosa]

19. Hope it was worth it....

Five U.S. troops killed in Iraq
http://www.cnn.com/2006/WORLD/meast/10/26/iraq.main/index.html

[OhioChick]

20. Absolutely sickening.......

The entire country should be up in arms over this.

[lpbk2713]

22. Well, now they can retire a few more execs at $500 Million each.

Like Lee Raymond.



Exxon is giving Lee Raymond one of the most generous retirement packages in history, nearly $400 million, including pension, stock options and other perks, such as a $1 million consulting deal, two years of home security, personal security, a car and driver, and use of a corporate jet for professional purposes.




Link: http://abcnews.go.com/GMA/PainAtThePump/story?id=1841989

[young_at_heart]

23. Corporate-run country = BIG profits for top executives

Don't forget the insame retirement package for their gross-looking CEO, Lee Raymond....$400 Million parachute! Just think how that much money could help people struggling to eat in this country.

[bdamomma]

24. boy, these thugs are rolling in it aren't they????

greedy a$$ pigs. Bushie's friends are doing great aren't they:sarcasm:

[tridim]

25. Sounds like Exxon needs another massive tax break.

[entanglement]

27. Mandatory Jabba the Hut pic (WARNING)

[Fovea]

28. If I were running for Prez

Part of my platform would be to nationalize Oil, Natural Gas, Coal, and non-renewable energy.

I would also put a high speed passenger train line down every interstate in the US.

[mikita]

30. great idea,

but you'd be dead before you stepped off the platform.

[ArmchairMeme]

29. *bush - America's Interests

This administration has been saying all along it is protecting America's interests (oil companies). The reason for the shock and awe was to divert attention to the oil pipeline being built in northern Iraq. If they can keep the fighting going long enough Iraqi people will give in and turn over all claims to their own commodity (oil) and the Exonn/Mobils can walk away with the prize all paid for by our government(taxpayers). There must be some law that protects our country from this blatent war profit.

[LeftHander]

32. WHo was first...Exxon Mobile? nt

[Joe_VB]

34. That's all !!! They need another tax break........

[TheWatcher]

35. Blood Money Is Big Business.

[Megahurtz]

36. DISGUSTING!!!

:puke:

[roxster13]

39. more corporate greed....atmos energy- natural gas..

This will disgust you! And what can we do? We don't have a choice for our natural gas provider.

Star telegram -AUSTIN -- More than $70,000 in artwork. At least $5 million in office furniture -- including a set of $2,000 chairs. Airline tickets costing more than $1,700 for an executive and a spouse to attend the presidential inauguration of George W. Bush. Thousands of dollars in meals at pricey Dallas restaurants.

These are a few of the seemingly discretionary items critics have found in Atmos Energy's $63 million proposal to increase gas rates for North Texas customers.

http://www.dfw.com/mld/dfw/15853229.htm

[SoCalDem]

40. Isn't that special?

And yet, our congress gave them "financial help" from our taxes :puke: