Yo, socialist buddy, just what exactly is the good thing you think this private organization should do with their stockholder's money and why is it your business anyway?
2007-02-06 08:25:01
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answer #1
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answered by Flyboy 6
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Well you have to remember that Exxon Mobil is a publically traded corporation. That means that it is actually owned by the American public, as well as some foreign investors. Just about everybody in the United States owns stock in Exxon Mobil, either directly or indirectly. If you own car insurance, your insurance company invests your premiums in Exxon Mobil stock. And if you have a 401k, then a portion of that is probably invested in Exxon Mobil stock. So everybody indirectly owns Exxon Mobil and sees some of its profits. When Exxon Mobil stock goes up, it's very likely that your 401k went up as well. Now I'll admit that there are some "fat cats" within the company that take a large chunk of the profit, but the rest is distributed to the public. If Exxon Mobil went out of business right now, you'd be complaining that all of your investments and 401k earnings went down, while your car insurance and life insurance premiums would go up. So in reality, we want Exxon Mobil to make record earnings because we all profit off of it, either directly or indirectly.
2007-02-06 16:07:47
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answer #2
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answered by jstark2021 2
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A) I am Mr. Exxon Mobile; at least I own 1 share of it - worth about $75
B) I can appreciate the fact that you are so generouse with other people's posessions (and money).
C) Perhaps if you own a car, you can sell it and donate the money to a charity. Or better yet, donate the car to a charity. Your nice (Christmas) gift jacket? Give it away. Your fancy skateboard? Ditto.
Your baby bottle that your mommy fills with warm milk? No, keep that.
D) Be an example. Give away your things to show everyone how generous you are.
2007-02-06 16:26:12
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answer #3
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answered by Puzzleman 5
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Isn't creating hundreds of thousands of jobs good?
2007-02-07 12:44:15
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answer #4
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answered by Quixotic 3
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OK OK I will, enough already,
2007-02-06 15:58:59
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answer #5
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answered by Relax Guy 5
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