From CNN: "Oil giant makes corporate history by booking $11.7 billion in quarterly profit; earns $1,300 a second in 2007. Exxon Mobil made history on Friday by reporting the highest quarterly and annual profits ever for a U.S. company, boosted in large part by soaring crude prices."
Can someone please explain to me (again) why we still give Exxon $11.6 billion dollars of our tax money each year in welfare (aka energy subsidies) when they make that much PROFIT in a quarter?? And can somebody explain why we can't afford to give some of that money to fund SCHIP, the program to give poor children healthcare?
Seriously.
Okay, at least ask McCain and Romney.
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