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Friday, October 31, 2008

Griper Blade: The Other Side of the Story

Let's take a look at the economic situation. Never mind the naysayers, the gloom-and-doomers, the glass-half-empty types, some of us are doing just fine. If you look hard enough and long enough, you can find good, simple, hard-working Americans who are managing to get along. Good people, with good, honest values, who know the value of a dollar because they've got a boatload of them:

Associated Press:

Riding record oil prices in the third quarter, Exxon Mobil Corp. on Thursday posted the biggest quarterly profit ever for a U.S. company: $14.83 billion, or about $112,000 a minute.

The results, amounting to $2.86 a share, beat the Irving, Texas, company's previous record and shattered analysts' average expectation of $2.38 a share, according to a survey by Thomson Reuters.

Consumer groups and politicians saw reason for anger in those numbers.

"Our economy is suffering from many factors, but one of them is the price of oil and our nation's dependence on it," said Rep. Edward J. Markey (D-Mass.), chairman of the House Select Committee on Energy Independence and Global Warming.

Markey said that "investments in renewable energy continue to lag with the world's most profitable company, and as an industry as a whole."


"Consumers got credit card debt and empty wallets, while Exxon got double-digit billions," says Judy Dugan of Consumer Watchdog. "Citizens deserve to be mad. They should demand that government get back in the business of protecting them from corporate greed."

Those simple country folk with their good ol' fashioned common sense and small town values continue to make more money than any company in history, quarter after quarter, year after year. Yay for them!...

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