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To: InvisibleChurch

Maybe you could answer a question for me that I haven’t seen or been able to find. Even if only an approximate number:

How many people have investments in the oil company either through individual stock ownership or through money market funds, IRA’s or 401K’s?

The reason I would like this to be make known is that when the RECORD PROFITS of the oil companies are published, no one ever indicates the number of people that this benefits. The impression is that this money goes only to a few privileged people rather than to the shareholders of these companies.


6 posted on 08/17/2008 1:34:03 PM PDT by Jvette
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To: Jvette
no one ever indicates the number of people that this benefits. The impression is that this money goes only to a few privileged people rather than to the shareholders of these companies.

You mean like widows, orphans, mutual fund investors, people who benefit from 401Ks and other pension programs like Calpers and public employee union pension funds -- all of which are heavily invested in oil and other energy stocks?

Maybe Pogo had it right: "I have met the enemy and he is us."

8 posted on 08/17/2008 1:42:44 PM PDT by Bernard Marx
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To: Jvette
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10 posted on 08/17/2008 1:59:11 PM PDT by M203M4 (True Universal Suffrage: Pets of dead illegal-immigrant felons voting Democrat (twice))
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To: Jvette
Here's a great link.

Putting Earnings into Perspective

12 posted on 08/17/2008 2:25:11 PM PDT by 2nd amendment mama ( www.2asisters.org | Self defense is a basic human right!)
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