Saturday, January 31, 2009

Someone somewhere is sitting on a giant pile of money...

I saw this today while reading a comment on an archived post in my cousins blog The Profound Thoughts of a Frivolous Mind. "Don't you feel like someone somewhere is sitting on a giant pile of money?" This was in reference to dealing with insurance companies. And I would agree that there are some Insurance top-dogs that are surely hoarding the cash. This economy seems to be killing everybody. We're all in the same boat and we're all feeling it. Oh except for some. And I found out yesterday who is sitting on the biggest pile of OUR money...

Exxon Mobil Corp.

Yes, you can read all about it at Yahoo News or anywhere else I'm sure. Here it is: Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company... So the record for the most a US company has EVER made in a year was just set by Exxon Mobil, pushing the old record down to the number two slot - old record ALSO set by Exxon Mobil.

Am I allowed to say "Greedy fucking bastards" on the radio? No? Well I guess it's good I'm not on the radio anymore and this is my blog huh? Because that's exactly how I feel about Exxon Mobil right now.

And lets not forget about credit card companies either. I have only SLIGHTLY less disgust for them, and this is only because I myself (we can't include the few small credit cards I married in this statement) have no credit card debt and haven't for several years. Here they are screaming & crying for bailout money. Federal interest rates are at record lows and credit card companies are charging record high interest rates. Now that federal interest rates have dropped, do you think card rates will go down? Don't bet on it. Do you think they'll lower rates when they get all that sweet bailout cash? Don't bet on it.

I can think of quite a few people that are sitting on huge piles of money.


  1. Yes...contrary to popular belief there's plenty of folks making a shitload of money right now during this recession. They're keeping quiet about it so we don't storm their McMansions with our pitchforks.

    btw 1: love love love Middlesex. one of my all-time fav reads. how far are you into it. are we friends on goodreads?

    btw 2: interview me....pleeeeeeze?

  2. I thought the EXACT same thing when I heard that about Exxon. I was alone at home and spewed a few words of disgust at the TV.
    I speet in their faces!

  3. Bunch of greedy bastards! I'm so pissed at the whole rate thing too. The whole goal of credit card companies is to keep you in debt. And if you don't have a balance on the cards, then they call you to see if they can set you up on some kind of program that can charge your card anywhere from $4 to $19.95 a month for something. Just so that you still owe. DGMS on the oil companies. They really need to do something about giving some of that money back to the people in some fashion. Maybe not monetarily, but do something to improve the communities or roads, or even to find more green sources of energy to keep them ahead of the trend, because if they don't, they will go down as soon as we all switch to some other form of fuel for our vehicles.