Re: Exxon and Oil Companies Thank You For Your Donations To Their Prosperity!

Yeah, and for all the work they do and all the logistics they overcome
they actually earn 7 cents on a gallon of gas or diesel while the
Government earns 18.4 cents per gallon of gas and 24.4 cents per
gallon of diesel... for doing nothing productive...

If anyone is doing the profiteering you claim... it is Uncle Sam



On May 1, 10:53 am, Tommy News <tommysn...@gmail.com> wrote:
> Exxon and Oil Companies Thank You For Your Donations To Their Prosperity!
>
> Were you one of those folks paying over $4 a gallon this Spring? Well,
> the folks at Exxon want to thank you because they reported $9.5
> billion in profits. How did they spend it? Well ThinkProgres.org broke
> it down for us and you will be thrilled to know that Americans have
> been taken to the cleaners once again.
>
> The oil companies create a fake crisis to raise the prices at least
> once a year. Then they clean up on the profits, pay less taxes than
> you and I and figure out ways to make themselves richer while you
> become poorer because of their gas prices. Here is what
> ThinkProgress.org found out about Exxon's first quarter:
>
> $9.45 billion profits, or almost $104 million per day in the first
> three months of the year.
>
> 13 percent: The tax rate Exxon paid last year, lower than the average
> American family.
>
> 60 percent of its first quarter earnings, or $5.7 billion, on buying
> back stock. Became world's largest dividend payer by increasing
> dividends 21 percent.
>
> $1,091,000: Political contributions sent to federal politicians for
> the 2012 election cycle, making it the largest oil and gas spender.
>
> 91% of these contributions went to Republicans.
>
> More than $52,000,000: Lobbying for the first three years of the Obama
> presidency, 50 percent more than in the Bush Administration.
>
> $34.9 million: Exxon CEO Rex Tillerson's salary for 2011, a 20 percent raise.
>
> $52,300: Political contributions from Exxon CEO Rex Tillerson in the
> 2012 cycle, alone.
>
> No. 2: Fortune 500 list of richest companies and for highest-paid CEO.
>
> Exxon not only used 60 percent of its Q1 profits to buy back its
> stocks, enriching executives and largest shareholders, but it funnels
> money through political groups like American Legislative Exchange
> Council (ALEC) and American Petroleum Institute, to influence
> legislation in its favor.
>
> More:http://www.davidmixner.com/2012/04/exxon-thank-you-for-your-donations...
>
> --
> Together, we can change the world, one mind at a time.
> Have a great day,
> Tommy
>
> --
> Together, we can change the world, one mind at a time.
> Have a great day,
> Tommy

--
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum

* Visit our other community at http://www.PoliticalForum.com/
* It's active and moderated. Register and vote in our polls.
* Read the latest breaking news, and more.