Our Big Oil Companies now making a fortune …on us

[scook]

Yeah - I think their profit was around 4%-4.5%. When business volume is huge, a moderate profit is huge in absolute, but not necessarily relative terms. Are you making a fortune on an investment that returns that rate, particularly when inflation is far above that?

Yes - Republicans have an actual understanding of what works to have a strong enough economy to be able to afford to pursue other goals. Democrats are so ideologically driven that they are blind to the massive destruction they are doing to the economy, promoting lawlessness and building a debt so huge that repayment will either be impossible or require printing massive amounts of money, in either case probably costing us our leadership position in the world, and the dollar as the trusted world currency.

[bgreene]

Originally Posted by scook

Yeah - I think their profit was around 4%-4.5%. When business volume is huge, a moderate profit is huge in absolute, but not necessarily relative terms. Are you making a fortune on an investment that returns that rate, particularly when inflation is far above that?

Yes - Republicans have an actual understanding of what works to have a strong enough economy to be able to afford to pursue other goals. Democrats are so ideologically driven that they are blind to the massive destruction they are doing to the economy, promoting lawlessness and building a debt so huge that repayment will either be impossible or require printing massive amounts of money, in either case probably costing us our leadership position in the world, and the dollar as the trusted world currency.

Debt ?
Under Trumps policies of tax cuts for corporations our debt surged .
FACT.
Trump loves debt - personally and for our country .

[wellcraftv20step]

BAAAHHH BAAHHH BAAHHH says the Sheep

[scook]

Yes indeed.

[Pipe_Dream]

Originally Posted by bgreene

During the pandemic and related economic slow down Exxon lost money.
What’s your point ?

My point is obvious - the hypocrisy of big oil and republicans LOVING high oil prices

You have a big issue with companies making record profits, but no issue at all when companies have record losses. Companies exist to make money, right? And to make a profit for shareholders. You do understand this? How are they behaving hypocritically?

You do know that oil companies are increasingly donating to Democrats, or did Clown News Network not tell you that?

[bgreene]

Originally Posted by Pipe_Dream

You have a big issue with companies making record profits, but no issue at all when companies have record losses. Companies exist to make money, right? And to make a profit for shareholders. You do understand this? How are they behaving hypocritically?

You do know that oil companies are increasingly donating to Democrats, or did Clown News Network not tell you that?

Hahahahaah Big Oil gives mostly to Republicans- FACT .
Big Oil loves high oil prices - FACT

And they laugh all the way to the bank as Biden gets blamed.
Hahahah the hypocrisy but it’s true - all true

[Pipe_Dream]

Originally Posted by bgreene

Hahahahaah Big Oil gives mostly to Republicans- FACT .
Big Oil loves high oil prices - FACT

And they laugh all the way to the bank as Biden gets blamed.
Hahahah the hypocrisy but it’s true - all true

“In a trivial sense, it’s true that businesses set prices to maximize their profits. They also choose wages and the level of employment to maximize profits,” said Jason Furman, President Barack Obama’s top economic adviser, who called complaints about corporate greed “just political ranting.”

from "Amid inflation, rising prices fuel charges of corporate greed" by David J. Lynch, Washington Post

"Just political ranting" describes our beloved bgreene to a T.

[bgreene]

Yeh yeh …..but the TRUTH, FACT and HYPOCRISY is :

1. Big oil votes Republican
2. Big oil LOVES high oil prices
3. Big oil is laughing all the way to the bank as Dems take the blame .

It’s quite a joke - on us.
You either can’t figure this out or you’re the “ blissful ignorant “ that trump loves .

Trump spouts all kinds of false claims at his rallies - and you starry eyed followers lap it up like like thirsty dogs.
Trump says “ I heard K Brown was very rude , very rude “ and his mob responds with boooos to Brown.
Meanwhile the TRUTH IS Brown has handled herself with total poise, courtesy, respect and dignity in the hearings.

[Pipe_Dream]

We should call this our stream of consciousness sub-forum.

[scook]

While severely lacking in any kind of rational consciousness on bgreen’s part.