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To: thackney
If Exxon Mobil were a country, its 2007 profit would exceed the gross domestic product of nearly two thirds of the 183 nations in the World Bank's economic rankings. That is 2007, before $150-a-barrel crude. And that is Exxon Mobil alone. Add in the others and you've got an economic superpower, a nation without borders, without a government, and with no ethic driving it except greater and greater profit.

Now start factoring in the crude owned and controlled by foreign (and hostile) governments, and it is clear that the oil industry represents an enemy that can very likely accomplish what no other enemy ever did: defeat us.

40 posted on 01/18/2009 3:45:33 PM PST by IronJack (=)
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To: IronJack
If Exxon Mobil were a country, its 2007 profit would exceed the gross domestic product of nearly two thirds of the 183 nations in the World Bank's economic rankings.

Yes, this means the ExxonMobil is equavilent to that economic powerhouse of the World, Bulgaria. It edged out the world renowed economic master of Lithuania.

A rather meaningless number. How many individuals around the world are stock holders are in ExxonMobil? I would guess it may exceed the population of these countries as well.

At the same time, ExxonMobil paid over $105 Billion in Taxes. Where do the taxes paid ranked compare as countries GDP? Moves quite a bit farther up the list.

http://siteresources.worldbank.org/DATASTATISTICS/Resources/GDP.pdf

49 posted on 01/19/2009 5:37:44 AM PST by thackney (life is fragile, handle with prayer)
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