‘Second’ Thoughts
This is too good not to comment (h/t NewsBusters.org)
The media love to hit us with blockbuster stats.
CNN: $11.68 billion profit works out to $1,485.55 per second
Holy windfall profits Batman!!
Want some more shock stats? Let’s let NewsBusters take a shot:
NB: $32.361 billion in taxes works out to $4,114.00 per second
In other words, when they started paying out the ‘gross profits’ it was one for the owners (shareholders) and three for Uncle Sam. And while we’re on the subject of Uncle Sam…
The U.S. Government produces NOTHING. Their revenue comes from taxes, fees, tarriffs, leases and the like. Yet, unlike a business, it sure knows how to spend! Not to mention the half-trillion dollar deficit, the government spent almost $3 trillion dollars.
If you have a second, that just cost us $91,958.00.
Media Near-Secret: Exxon Taxes Almost 3x As Much As Profits – NewsBusters.org
