And There Was Much Rejoicing!

J.J. Jackson* | July 28, 2006

NEW YORK — Exxon Mobil Corp., the world’s largest public oil company, yesterday reported that quarterly profit surged 35 per cent to more than $10-billion (U.S.), driven by yet another quarter of sharply higher oil prices.

It was the second-largest quarterly operating profit ever posted by a U.S. company, just shy of the Texas company’s own record fourth-quarter profit reported in January. - Globe & Mail

While the liberals will complain about how this has something to do with how greedy the evil oil companies are and decry these profits, myself and every other American who are actually taking our retirement into our own hands (instead of relying on the Nanny State) and investing are damn pleased.]

And the left doesn’t like that one bit because it means that they won’t be able to hold Social Security over our heads.

More Liberty Means Less Government: Our Founders Knew This Well (Hoover Institution Press Publication ; No. 453)

(Book)

Authors:Walter E. Williams
Manufacturer:Hoover Institution Press
Released:April, 1999

Basic Economics: A Citizens Guide to the Economy, Revised and Expanded

(Book)

Authors:Thomas Sowell
Manufacturer:Basic Books
Released:23 December, 2003

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