Oil is Up 85% Over the Past Year. Exxon is Up only 18%. Why does Hillary Think Exxon Got ';Super Rich';?

Lots of stocks go up 20% some years.





Did you hear Hillary or the Dems moan when those stocks went up?





Microsoft had been up more than 50% over the past two years. Apple is up 150%. Citigroup was up 2500% since 1990. But, Clinton's Treasury Secretary Robert Rubin became Citigroup's Chairman.





Why weren't Dems moaning about the outrageous profits/markups of their products?





Bill Clinton had made an enormous sum of money off of firms that do oil/gas deals.Oil is Up 85% Over the Past Year. Exxon is Up only 18%. Why does Hillary Think Exxon Got ';Super Rich';?
Face it. It's an easy sale to tell Americans that oil is up and the company that sells you your gasoline is ripping you off for a huge profit and it's all George Bush's fault. Just throw in hate for Bush, hate for big oil, blood for oil, war in Iraq, rich corporations...it's an easy way to wrap all these issues into to one big propaganda piece.Oil is Up 85% Over the Past Year. Exxon is Up only 18%. Why does Hillary Think Exxon Got ';Super Rich';?
Now you are defending the oil companies? They have been making astronomical profits in recent years. Name one thing they and the republican administration have done to limit spikes at the gas pump. I don't care about Apple or Microsoft. Increases in the prices in microchips aren't going to result in higher prices at the grocery store. Gas and oil, on the other hand, have a ripple effect on the economy that you are ignoring. Instead you are willing to give the big oil a pass because a dem that you don't like says it's an issue that should be addressed. Get your priorities in order and focus on the good of the country and not your own partisan politics.
May 29 2007: 5:42 AM EDT








NEW YORK (Fortune) -- ExxonMobil's stock is up by 35 percent in the last year. The oil giant made $39.5 billion in profits in 2006, tops in the Fortune 500.





So, the oil that was supposed to pay for the Iraq war isn't. But the oil corporations do just fine. If you think corporations should get you tax dollars (oil subsidies %26amp; benefits also called corporate welfare), guess you're on the right track. Otherwise, think again.
the public is being fed a constant diet of bullshit by the politicians and the lib media.profit is not a dirty word! companies are not the gov. or non-profit entities.I would be surprised if the witch and the lib morons did not have oil stocks in their investment portfolios !class envy propaganda to keep the dummies divided so that the libs can grab more power and more of your $$$$ !
i don't have to buy a computer,i DO have to buy gas or i won't be able to work and then you conservatives will gripe about having to pay my unemployment...with cons it's all ME...ME...ME... not US...US...US... as in the US of A
';Super rich'; is a term that Hillary uses to rile up her peons. She has cast the rich as being ';evil';.
You're proscribing thought to Hitlery.





Big mistake.
This is easy PANDERING to voters who understand words like ';profit'; but don't understand ';return on investment'; or more sophisticated business concepts. Oil companies are vertically integrated, operating internationally, and their investments, R%26amp;D, and returns are spread out over decades.





Voters buy gas every week so oil companies are an easy political target that Democrats don't have to explain. Just lynch them.


Defending against it is almost IMPOSSIBLE when you have Democratic partisans like Green Dragon willing to believe it and spread the fallacy by asking what the oil companies and the GOP ';have done to limit spikes at the gas pump.';





The answer is NOTHING. Because anybody who knows ANYTHING about the subject knows that there is virtually nothing that they can do.


Democrats are not willing to accept this because they believe that the Government should wipe their noses. And it's a cheap and easy issue for dumb voters.





The oil companies make about $.02 a gallon on gas. That has been steady for years. Their return on investment has been better than average in only four years out of the past 20.





The so-called ';outrageous profits'; go to the working and middle class Americans who own 70% of oil company stocks through their union and regular pension funds, mutual funds, 401k's, IRAs, and small brokerage accounts.


The oil companies are funding YOUR kid's college education and YOUR retirement.





If the Democrats raise taxes on the oil companies, there is less money for your kid or you.


If they dream up a Windfall Profits Feel-Good Tax or some other Screw The Oil Company Tax, there will be less money for you - and the price of gasoline will still GO UP, because petroleum is an internationally traded commodity that the US government can NOT do ANYTHING about.
Jeff why would you defend a company that posted the single largest profits by any company ever for the last 6 straight quarters,,, and is now looking for an extra 18billion in corporate welfare (tax payer money) because they fell 6/10 of 1% short of their projection these last two quarters ??????





can you get your head around the absurdity and audacity that that takes?????





also Oil is traded in Dollars, the Dollar is now worth about 49% of what it was in 2001.. so has gas production and crude risen 85% ( that's not right either ) or has it actually gone up closer to 30% averaging in inflation and the dropping dollar ?


I love you weekend economists? you don't have a clue beyond what your hate radio and TV personalities tell you..


really, it's so ignorant.