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  #1  
Old 02-01-2008, 01:16 PM
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I wouldn't buy a F$%&^ newspaper at an Exxon station...

OVER $40 billion in profits. These guys are laughing to whole way to the bank. I am not upset over the whole gas price thing either. Almost 20 years later and they still won't pay a red cent to the people that lost everything from the Valdez spill. BASTARDS.
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  #2  
Old 02-01-2008, 01:19 PM
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Tell me how you really feel.
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  #3  
Old 02-01-2008, 01:30 PM
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I'm glad to hear people still buy newspapers. Gives me a sense of job security.

As for Exxon, I have no problem with them making profits, and neither does my car ... it thunders down the highway on immoral fuel the same way it does on other fuel.

Exxon still a publicly traded company, by the way ... anyone who wants a piece can have it. Or you could just complain about them. Or both. It's a world of choices.
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  #4  
Old 02-01-2008, 01:50 PM
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mutual funds

Almost anyone who has investments with hedge funds gets a piece of the Exxon action too. Would you buy a newspaper from them if they were committed to losing money? Not sound economic advice for a company to lose money...that's why we have federal, state and local governments.
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  #5  
Old 02-01-2008, 02:12 PM
mrhills0146
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Since I own at least a tiny fraction of the company, I am quite pleased that they are making money.

vwbuge - would you prefer that US companies be run so as NOT to make money? *puzzled*
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  #6  
Old 02-03-2008, 11:34 PM
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Originally Posted by mrhills0146 View Post

vwbuge - would you prefer that US companies be run so as NOT to make money? *puzzled*
i'm guessing he would prefer that us companies were held accountable for the accidents that happen in the pursuit of making the money. i would love to be able to make billions, f-up 900 miles of coast-line and just walk away when it became too costly for me to clean up. especiallty if i was allowed to just go back about my business of making huge profits (even in times of national emergency-btw-isn't that illegal for small businesses to do? e.g. jacking up milk prices after a natual disaster). scum of the earth
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Old 02-01-2008, 02:33 PM
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Yeah, buying shares in these companies certainly takes the sting out of all those "immoral profits," eh?
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  #8  
Old 02-01-2008, 03:56 PM
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you guys just aren't seeing the bigger picture here are you?

Take a look, this is a pretty thorough piece. Look under "litigation"

http://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill
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  #9  
Old 02-01-2008, 04:01 PM
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Originally Posted by vwbuge View Post

Take a look, this is a pretty thorough piece. Look under "litigation"

[/url]
I don't get it. If you are mad at Exxon, how could you not be madder at (1. The US Constitution, (2. The 9th Cir., and (3. The US Supreme Court?
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  #10  
Old 02-02-2008, 11:22 PM
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I don't get it. If you are mad at Exxon, how could you not be madder at (1. The US Constitution, (2. The 9th Cir., and (3. The US Supreme Court?
Exxon is stonewalling. Just because our system makes it possible for a stable full of lawyers to pull that off does not exonerate Exxon from their stinginess at paying up for their damage.

I hadn't realized that there was this much stonewalling, still in progress. Those bastards don't care about the natural world, at least the part of it beyond their ranches and estates.
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  #11  
Old 02-02-2008, 11:56 PM
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Exxon is stonewalling. Just because our system makes it possible for a stable full of lawyers to pull that off does not exonerate Exxon from their stinginess at paying up for their damage.

I hadn't realized that there was this much stonewalling, still in progress. Those bastards don't care about the natural world, at least the part of it beyond their ranches and estates.
When you buy stocks and shares, do you ask how they get the profit for you? Most don't. Most shareholders only give one directive. Make as much money as possible.
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Old 02-04-2008, 02:29 PM
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  #13  
Old 02-01-2008, 04:04 PM
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For some strange reason, I feel better about huge conglomerates making buckets of money, rather than the Vanderbilts, Melons, or Rockefellers owning an industry and keeping it all in their family empires. As mentioned above, you can buy into the action if you so choose. The only other option is price controls, and we saw where that ended up.
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  #14  
Old 02-03-2008, 09:30 PM
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you guys just aren't seeing the bigger picture here are you?
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In light of your view on oil companies, was wondering if you want to give away any of these in your sig. to a good home?
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  #15  
Old 02-01-2008, 04:26 PM
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Wait a minute. You don't think they'remaking all that money off of newspapers, do you?
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