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.
eBay Feedback Funniness
6 years ago