Big oil, big profits, big tax breaks, big political contributions

[sasha031]

Last week the "Big Five" oil companies reported what could only be called healthy profits, what averages out to be a 35.6% increase in profits over the first quarter of last year. One company, ExxonMobil, reported a 69.8% increase in profits over last year in this quarter.

The Checks and Balances Project took a look at those profits, and just what the companies are spending to keep those profits high, summed up pretty well here




http://www.dailykos.com/story/2011/05/03/972298/-Big-oil,-big-profits,-big-tax-breaks,-big-political-contributions?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dailykos%2Findex+%28Daily+Kos%29&utm_content=Twitter

[Initech]

1. We need a constitutional amendment banning money from influencing politics. Completely.

Exxon, the Koch Brothers, the rest of big oil, they've totally ruined their chances. It's time for them to go.

[leftstreet]

2. K&R

[Jeffersons Ghost]

3. THE STOCK MARKET IS ON THE VERGE OF COLAPSING...

Worldwide economic shutdown is inevitable

[sasha031]

4. what a terrifying thought