"Exxon spends less on R&D than they do on their CEO" - Ellen Ratner on the Thom Hartmann show

[Bozita]

Thieves and liars, a very profitable combo.

So much for Exxon going green.

[Gabi Hayes]

1. that's a comercial in itself

too bad the benighted idiots that follow the "news" think that drilling our way to lower prices have been fooled once again

the pugs have already 'won' this debate

[Gabi Hayes]

2. again, this is an ad...also, why haven't I seen this on TV, via his

surrogates?

this is a perfect sound bite, JUST the sort of thing that helped win elections for the fascists over the last 28 years

Morning in America, anyone?

[Bozita]

4. It's short, sweet, and easy to understand. Knockout power in very few words.

I'm betting nobody in Exxon's R&D has access to a Gulfstream V.

[Gabi Hayes]

5. zackly....why is this not getting more attention?

this is what works in marketing 101. Obama campaign.....where are you?

[ileus]

3. who needs big oil when we have Al Gore.

[Fuzz]

6. I'd like to see some hard documentation on that to be able to use

it.

[Bozita]

9. Here's the CEO's take for 2007 ... $21.7 million, up 18% from '06

http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=OBR&date=20080410&id=8470682

Exxon CEO pay up nearly 18 percent in 2007
April 10, 2008 5:31 PM ET

NEW YORK (Reuters) - Exxon Mobil Corp Chief Executive Rex Tillerson's compensation rose nearly 18 percent to $21.7 million in 2007, when the oil company pulled in the largest profit ever for a U.S. company.

Tillerson, chief executive of the world's largest publicly traded company, took home a pay package that included $1.75 million in salary, a $3.36 million bonus, and $16.1 million of stock and option awards, according to a company filing with the U.S. Securities and Exchange Commission.

He also received nearly $430,000 of other compensation, including $229,331 for personal security and $41,122 for use of the company aircraft.

more...

[Gabi Hayes]

10. after seeing the below link, which shows 'only' 21 mil, I'd have to agree....

can't believe they only spend a few mil on R and D

the funny thing is, if the shoe were on the other foot, the pugs would RACE to the media to get this out, merely on the sayso of one person, regardless of the credentials

they do it all the time

[Bozita]

12. IIRC, Ratner mentioned a figure of $2-3million for R&D.

Was she talking about future fuels R&D?

[Fuzz]

14. That may be it.

[Auggie]

7. Imagine what the CEOs will reap if off-shore drilling gets approved.

Their stock will go through the roof. And high stock profits will mean big bonuses.

That's the motivation!

[doc03]

8. You know Ellent Ratner was a big supporter of

Bob Ney? She sure got that one wrong.

[Gabi Hayes]

11. uh oh

http://www.wired.com/techbiz/media/news/2004/03/62751

Exxon spends more than $600 million a year on basic research and development and employs some 1,900 scientists and engineers, more than any other oil company. That's in addition to 20,000 scientists and engineers working in the field.

[Bozita]

13. That settles that. Ratner was wrong.

Please excuse my redass.