Keane observations about life, politics and sports.

Friday, August 1, 2008

Lies of ommission

Stop by BizzyBlog today. He has a post regarding the reporting of Exxon Mobil's 2nd quarter profit. The media has reported Exxon's record profit almost as if they are reporting on a crime. However, most media outlets ignore how low a profit margin they have and how much taxes they pay. If Exxon's taxes are nearly three times their profits then who is really gouging the customer.


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