BLITZER’S BLOG: ExxonMobil’s profits soaring, why are they subsidized?
October 28th, 2011
05:03 PM ET
2 years ago

BLITZER’S BLOG: ExxonMobil’s profits soaring, why are they subsidized?

(CNN) - Did you notice that ExxonMobil’s profits rose 41 percent in the last quarter to $10.33 billion? A year ago, its third quarter profit was $7.35 billion.

ExxonMobil is doing just fine, and that is good. It employs thousands of hard-working people, and I’m happy about that.

FULL STORY

Filed under: Congress • Energy
soundoff (27 Responses)
  1. Shame On CNN YOU ARE THE PROBLEM

    SHAME on CNN for asking this question when it is a FACT that the GOP has been for corporate welfare for DECADES. Why do you have to ask "why are they subsidized"? Tell the American people the truth for once. The GOP is killing this country with their corporatist/Wall Street agenda. By constantly playing dumb, our media is 100% complicit with the extraction of wealth from 99% of America upwards to the top 1%. This article is PATHETIC. Wolf Blizter, you are PATHETIC. This is not journalism. This is propaganda for the right wing corporatists who are killing the American Dream. Shame on CNN. SHAME SHAME SHAME.

    October 29, 2011 09:52 am at 9:52 am |
  2. Indy

    Corporations are people too, please pay your fair share of taxes Mr and Mrs Exxon.

    October 29, 2011 10:12 am at 10:12 am |
1 2