Nationalize oil companies? Then why not nationalize healthcare, convenience stores, home mortgages, banking, grocery stores, Wal-Mart, GE, Microsoft?????
And while you are at it, why not just invite the Federal Government into 100% of our lives?????? Thanks, Tom Hargrave www.kegkits.com 256-656-1924 -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Rich Thomas Sent: Sunday, April 20, 2008 12:37 PM To: Mercedes Discussion List Subject: Re: [MBZ] OT: McCain proposes break in fuel taxes Oil companies should be nationalized and run by the federal government, with all excess income going to fund programs. That ought to make things better. --R Luther wrote: > Ahh, but look at Exxon. > earnings statements for 2005, 2006, 2007... > http://finance.yahoo.com/q/is?s=XOM&annual > > 2005 total revenue of $370,680,000,000 > 2005 net income of $36,130,000,000 > Profit 9.74695% > > 2006 total revenue of $377,635,000,000 > 2006 net income of $39,500,000,000 > profit 10.4598% > > 2007 total revenue of $404,552,000,000 > 2007 net income of $40,160,000,000 > profit 10.0383% > > and a few more years.... > 2004 8.4990% > from http://www.exxonmobil.com/corporate/files/corporate/AR_2004.pdf > > 2003 9.0739% > from http://www.exxonmobil.com/corporate/files/corporate/AR_2004.pdf > > 2002 5.7029% > from http://www.exxonmobil.com/corporate/files/corporate/AR_2004.pdf > > As you can see....2006 and 2007 were better than $0.90 on the dollar operating > ratio.... > > _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.23.2/1387 - Release Date: 4/19/2008 11:31 AM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.23.2/1387 - Release Date: 4/19/2008 11:31 AM _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com