Regulate the Rich. Make them play nice.

  • Exxon Mobil makes $76,000 per minute.
  • Exxon Mobil paid on $5 bililion dollars in income taxes last year to the US government.
  • Exxon Mobil paid $25 billion dollars to foreign governments.
  • Exxon Mobil made $400 billion dollars last year.

Also take a look at this yesterdays FT(7/29) article pg 18 “Shells sets pace as big oil lifts R&D spend” in the Financial Times by Ed Crooks to see how they are apparently price fixing, which I deduced sense the oil companies are spending far less than they should on R&D. And the article pg 2 “US Treasury blames supply and demand for oil prices” by James Politi that shows how they even have the US Treasury Department in on this deadly game.

Facts from Conde Nast Portfolio, Crude Reporting by Howell Raines 08/08

Hey they pay less of a percentage of their income on taxes than I do? I’m a human being that works.

Exxon Mobile Oil formerly Standard Oil was started by the John Rockefeller and his descendants still sit on the board (puts it all in an interesting historical perspective).

Now Rockefellers is synonymous with arts and NY and some odd looking guy running for various offices and another one who was VP, but that was just a great PR campaign. Pretty easy for them, since they own pretty much own either indirectly or directly everything we read.

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