Re: Obama says, so I ask, Is this really a good idea?
AGWB,
Did ya hear the "Yo Adrien" @ the end of that?? ::LMAO::
Brucefan said:
why stop at Oil, why not steal money and redistribute the profits farmers get.
I mean, we have to eat right?
How about the drug companies, geez, we need those drugs or we all will die??
And I think teachers make too much money too, they need to give some of their money away
By the way, how much is "too much"
Do you realize the profit margins from big oil are the same or less then most industries?
Most of the cost is the price of the commodity and, oh yeh, TAXES!
The problem is because of the whacko left environmentalists, capitalism cant work.
We cant drill to get more domestic oil, so we are stuck at the mercy of foreign oil.
Bruce,
You and Yours are being ridiculous!! Food is not dangerous and those prices are driven upwards almost EXCLUSIVELY by the evil people @ the oil companies via shipping!! This ONE INDUSTRY is causing MASS over-inflation in all areas of our economy and threatening MY LIFE, as well as millions of others that don't "have stock" in this wonderful experiment in capitalism that is the Oil Business!!! I think there are pharmaceutical companies that are taking advantage of dependencies as well, also; yes I do!!
And what is "too much"??? THIS IS TOO MUCH:
Oil: Exxon Chairman's $400 Million Parachute
Exxon Made Record Profits in 2005
April 14, 2006
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Soaring gas prices are squeezing most Americans at the pump, but at least one man isn't complaining.
Lee Raymond's retirement package -- worth nearly $400 million -- is one of the largest in history.
(ABC News)
Last year, Exxon made the biggest profit of any company ever, $36 billion, and its retiring chairman appears to be reaping the benefits.
Exxon is giving Lee Raymond one of the most generous
retirement packages in history,
nearly $400 million, including pension, stock options and other perks, such as a $1 million consulting deal, two years of home security, personal security, a car and driver, and use of a corporate jet for professional purposes.
Last November, when he was still chairman of Exxon, Raymond told Congress that gas prices were high because of global supply and demand.
"We're all in this together, everywhere in the world," he testified.
Raymond, however, was confronted with caustic complaints about his compensation.
"In 2004, Mr. Raymond, your bonus was over $3.6 million," Sen. Barbara Boxer said.
That was before new corporate documents filed with the Securities and Exchange Commission that revealed Raymond's retirement deal and his $51.1 million paycheck in 2005.
That's equivalent to $141,000 a day, nearly $6,000 an hour. It's almost more than five times what the CEO of Chevron made.
ABC News: Oil: Exxon Chairman's $400 Million Parachute
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THAT WAS A LITTLE OVER 2 YEARS AGO!! YES I BELIEVE THIS GUY MADE WAY TOO MUCH CHEDDAR OFF PEOPLE LIKE ME!!
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