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okay folks, I know you just want the news and not the rest of the story, but....

As reported all over the TV and Radio:
Exxon/Mobile posted a record second quarter profit of 11.68 billion dollars on a total revenue off 138 Billion dollars. This means they made $1,485.55 per second.
My God, isn't this terrible? They are making money hand over fist! Another quarter of RECORD PROFITS!

Now, let me give you the rest of the story since most of you won't bother to do the math or check out anything except what the news reporters tell you. Here it is, the TERRIBLE PROFITS of the EVIL BIG OIL Exxon/Mobile.

Total revenue            $138  billion dollars
Profit                                 11.68 billion dollars
percent profit.                     8%
Microsoft percent profit  17.5%
WalMart percent profit     18.7%

Okay, got that? Here we go with evil big oil again.

Total revenue            $138  billion dollars
Profit                                 11.68 billion dollars
percent profit.                     8%
Dollars per second   $1,485.55/sec profit
Taxes paid world wide
Income Tax                       10.50 billion dollars
Sales Tax                            9.50 billion dollars
Other Taxes                      12.36 billion dollars
Total Taxes                       32.36 billion dollars
Dollars per second    $4,114.00/sec taxes
Percent taxes             23.45%

This works out to app.$3.00 in taxes to each $1.00 dollar made


All this obscene  8% profit margin by these God Awful Evil Big Oil Companies. My God, it is soooo terrible. Grow up and think for yourselves people. Someone who didn't even finish high school, but got a GED figured this out easily. Why can't people think for themselves anymore?  Why only go on what the news media tells you as the gospel? They gave you the truth didn't they? Yes, they did, just not the rest of the story because that didn't fit their liberal agenda folks. They want a reason to add more tax to them so that you will have to pay even more at the pump to pay for the taxes the government adds

Rett