Record Profits!!!

Discussion in 'Current Events' started by Skull Pilot, Jan 13, 2010.

  1. Skull Pilot
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    Skull Pilot Platinum Member

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    Which evil capitalist company earned record profits in 2009.

    Let's trot out the usual suspects

    Exxon made a $45 billion profit in 2009

    Is the number one hated company tops on the list again?

    No.

    With a profit of $52.1 billion dollars the winner is......

    [​IMG]





















    The Federal Reserve.

    So I want the outrage against the fed to commence now
     
    Last edited: Jan 13, 2010
  2. Vortex
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    Vortex Spinning Away!

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    The Fed prints fiat money, loans it out and is repaid in real dollars with interest. Must be nice.
     
  3. Skull Pilot
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    Skull Pilot Platinum Member

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    When a company that does nothing but cater to the government makes more than a privately held entity, we are in trouble indeed.

    Hell government jobs officially outnumber private good producing jobs and pay on average 30K a year more than private sector jobs.

    It reminds of the story of a man who being hungry, eats his own feet.
     
  4. Samson
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    Samson Póg Mo Thóin Supporting Member

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    You're just pissed off you don't have a government job.

    Get a Teaching Certificate.
     
  5. Gatekeeper
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    Gatekeeper Senior Member

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    Congrats to private enterprise, This is America, no matter how the economy goes, it usually is great for those in the "In Crowd".

    Wonder why they , 'mega corps' aren't satisfied with 'reasonable profits', it's all about outrageous profits and screw the public.

    Because, more is better, and all the pie beats a slice, then, buy the company that makes the pies? :lol:

    The answer, get out and make something work for ya, otherwise deal with it. That's the reality.
     
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Yeah, the surprise is that they only made $52B with $2 Trillion in off balance financing.

    Ron Paul is right: audit the Fed then it's time to say goodbye!
     
  7. TheSuaveOne
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    TheSuaveOne Man without a party

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    Ummm do you know what the Fed does with it's profit? It gives it to the US government.

    -TSO
     
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  8. Care4all
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    Care4all Warrior Princess Supporting Member

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    yep, it gives most of its profits to the US Treasury....

    BBC News - Federal Reserve makes record $52.1bn profit
     
  9. uscitizen
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    uscitizen Senior Member

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    I thought some liked reducing the defecit?
     
  10. Vortex
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    Vortex Spinning Away!

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    Ummm, do you know the Fed Profit goes to it's shareholders?
    The "Federal Reserve" is not a US Government entity:
    Who Owns The Federal Reserve?
    The Federal Reserve was crated in 1913 so that the Congress could get out of it's Constitutional duty concerning the money supply.
     
    Last edited: Jan 13, 2010

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