And their CEO gets what? Isn't it around 43 Million a year?
Someone is making a lot of money off the war others are dying in! 500 New millionaires made off of blood money we borrowed from the Chinese!
Good one smith, can I use it? Even Bush could follow that one!
2007-06-25 21:17:32
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answer #1
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answered by cantcu 7
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A short economics lesson needed here to answer you:
Feudalism: You have two cows. Your lord takes some of the milk.
Fascism: You have two cows. The government takes both, hires you to take care of them and sells you the milk.
Communism: You have two cows. You must take care of them, but the government takes all the milk.
Capitalism: You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income.
Exxon Capitalism: You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt-equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.
The milk rights of the six cows are transferred through an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.
The Exxon annual report says the company owns eight cows, with an option on one more.
2007-06-25 21:15:20
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answer #2
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answered by Superdog 7
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Read Captains and Kings by Taylor Caldwell. This is a novel; yet, an enlightening and frightening account of the political and financial influence exhorted upon the American public.
2007-06-25 21:27:32
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answer #3
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answered by Baby Poots 6
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Well Exxon has been ripping off as many people as possible for a long time. As for Halliburton its called war profittering and its treasonous.
2007-06-25 21:38:44
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answer #4
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answered by mrlebowski99 6
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son, for the same reason gas prices are up over fifty percent when the pelosi/reid regime took power. liberal extremists understand little about real economics vs tax and spend and failed welfare policy. instead of issuing energy exploration tax credits ms pelosi would rather spend money that we earn in the form of taxes on peanut storage. you can already see the effects of liberal price supports in the milk prices at the grocery. this ought to teach you volumes about not putting a liberal extremist group like the pelosi/reid regime in power. now say goodnight and sleep well.
2007-06-25 23:31:09
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answer #5
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answered by koalatcomics 7
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Who cares, My Halliburton stock has gone through the roof, life is good, built a bigger house this year, will invest more this year, who's complaining???
2007-06-25 21:41:19
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answer #6
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answered by Anonymous
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Sonny,
The higher the risk in drilling the higher the stock goes up.
Since shipping is less at risk .
!00% be good enough.
2007-06-25 21:28:01
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answer #7
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answered by Anonymous
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Because GW Bush and the Repugnants are trying to sell off the USA to their friends one piece at a time.
2007-06-25 21:29:42
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answer #8
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answered by Anonymous
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Well, you can bet your sweet a ss that it has NOTHING to do with record high gas prices OR the monopoly on contracts in Iraq.
I only heard Rush ONCE last month and I can tell you that much.
2007-06-25 21:32:18
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answer #9
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answered by Anonymous
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Because the riskier the investment, the higher the payoff.
2007-06-25 22:20:58
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answer #10
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answered by Anonymous
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