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  Exxon and Chevron Set Record ProfitsJuly 28, 2006 22:59

So Exxon made profits of US$4,000,000 per employee last year and is projected to make US$6.2M per employee this year. Chevron set similar records of around US$3.1M per employee. Doesn't sound like a lot? Consider that Chevron has 60,000 employees and that a typical IT consulting company with a good revenue stream makes around US$200,000 per employee. Hmm... see the issue?

Companies like Exxon and Chevron are making money hand over fist while simultaneously squeezing consumers for every cent we have. It fundamentally doesn't make sense that costs for producing, securing and delivering oil are going up, but so are profits... at record rates. Meanwhile, we consumers keep paying up like drunks at the liquid lunch special down the street from our house. We're simply asking for it.

Unfortunately in this day and age, there is no sense of corporate morality, although I'm not sure there ever really was. The change now seems to be naked greed worse than what was seen in the Reagan years in the 1980's. Gordon Gekko only dreamt of the profits that the pirates in Texas and Washington now reap. Who knew that Wall Street is for the poor suckers who don't know how to politic and raid countries?

As we move forward into a more unstable and morally bereft world, I only hope that a few corporate pirates get their due. Ken Lay surely didn't die a happy man.


 
  Exxposeexxon websiteJuly 27, 2006 10:21 So Exxon is responsible for 5% of human carbon emissions since 1800's? Amazing...
  Ireland Worker Finds Ancient Psalms In BogJuly 26, 2006 11:59 Just an interesting article... I'd love to see photos of the artwork if and when they ever get any...
 
  Shuttle Discovery Launches SuccessfullyJuly 04, 2006 10:26 I'm always happy to see the shuttle launch successfully. A drive to explore, not fear, should guide our endeavors:

At t-minus 10 seconds, the crowd joined in.

"Nine... eight... seven...six..." they chanted, some jumping up and down, most holding up digital video and still cameras, and a few doing both.

"We hope to very soon get you an up-close and personal look at the rocket's red glare," space shuttle Discovery commander Steven Lindsey announced minutes earlier yesterday, his words carried on loud speakers 10 kilometres away at one of the closest public viewing spots to launch-pad 39B.

"And no bombs bursting in air," said spectator Phil Kubel in a nervous reference to the Challenger tragedy of 20 years ago, when the shuttle exploded shortly after liftoff, and to the Columbia disaster of 3 1/2 years ago when the spacecraft broke up on re-entry into the Earth's atmosphere.