Comments on: Exxon Mobil makes biggest profit in U.S. history, consumers left struggling http://tech.blorge.com/Structure:/2008/10/31/exxon-mobil-makes-biggest-profit-in-us-history-consumer-spending-declines-at-the-fastest-rate-in-28-years/ Top Technology news Mon, 13 Feb 2012 20:30:36 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Todd Eastman http://tech.blorge.com/Structure:/2008/10/31/exxon-mobil-makes-biggest-profit-in-us-history-consumer-spending-declines-at-the-fastest-rate-in-28-years/comment-page-1/#comment-144127 Todd Eastman Tue, 04 Nov 2008 03:28:19 +0000 http://tech.blorge.com/?p=8060#comment-144127 My opinions and writings don't necessarily represent the viewpoints of the Blorge staff or owners. I am entirely responsible for what I write. With that being said, I don't see anywhere in my post where I suggest "redistributing the wealth." I simply suggested cutting tax subsidies and raising the taxes on the gargantuan corporations that can easily afford to pay. Why resort to name calling and why read more into the posting than was intended? While your feedback is certainly most welcome, don't I also have the right to share my opinions? Those profits were "earned" on the backs of the American consumer. While it was an error on my part to stray away from the technology focus, it is obvious that the consumer is struggling. If the consumer could afford the cost of gasoline, perhaps the rest of the economy could recover faster. If the economy recovered sooner, businesses could start reinvesting in R&D and we could all be enjoying new toys and technologies. Wouldn't that make us all happier? My opinions and writings don’t necessarily represent the viewpoints of the Blorge staff or owners. I am entirely responsible for what I write. With that being said, I don’t see anywhere in my post where I suggest “redistributing the wealth.” I simply suggested cutting tax subsidies and raising the taxes on the gargantuan corporations that can easily afford to pay. Why resort to name calling and why read more into the posting than was intended? While your feedback is certainly most welcome, don’t I also have the right to share my opinions?

Those profits were “earned” on the backs of the American consumer. While it was an error on my part to stray away from the technology focus, it is obvious that the consumer is struggling. If the consumer could afford the cost of gasoline, perhaps the rest of the economy could recover faster. If the economy recovered sooner, businesses could start reinvesting in R&D and we could all be enjoying new toys and technologies. Wouldn’t that make us all happier?

]]> By: DavidB http://tech.blorge.com/Structure:/2008/10/31/exxon-mobil-makes-biggest-profit-in-us-history-consumer-spending-declines-at-the-fastest-rate-in-28-years/comment-page-1/#comment-143851 DavidB Sat, 01 Nov 2008 13:41:01 +0000 http://tech.blorge.com/?p=8060#comment-143851 How nicely socialist of you. Tax the rich, redistribution of wealth, what's next? Apparently you Blorge folks would like to legislate how successful any person or company is allowed to be. Um, did you ever bother to take into consideration how many people's or company's retirement plans might have investment in Exxon and what good news this is for them to offset how badly the rest of their portfolio's might be performing? Hmm, maybe Tech.Blorge writers should focus on writing about technology, NOT economics! That, or start up an Econ.Blorge and you and Dave Parrack and others posting "articles" about economic matters can post them there and bring back the tech focus here eh? Better yet just leave economics writing to folks like WSJ, Forbes, etc that KNOW what they are talking about!!! How nicely socialist of you. Tax the rich, redistribution of wealth, what’s next? Apparently you Blorge folks would like to legislate how successful any person or company is allowed to be. Um, did you ever bother to take into consideration how many people’s or company’s retirement plans might have investment in Exxon and what good news this is for them to offset how badly the rest of their portfolio’s might be performing? Hmm, maybe Tech.Blorge writers should focus on writing about technology, NOT economics! That, or start up an Econ.Blorge and you and Dave Parrack and others posting “articles” about economic matters can post them there and bring back the tech focus here eh? Better yet just leave economics writing to folks like WSJ, Forbes, etc that KNOW what they are talking about!!!

]]>