Saturday, February 19, 2005

It's great to be a FOG!

Friends of George W. Bush (FOGs) have done very well at the expense of the average American. We all know about irregularities of Dick Cheney's former firm, Halliburton in their contract efforts in Iraq. Just Google Halliburton and you can read about millions in ongoing overcharges to the American people. Yet, they don't have to worry about losing their no-bid contract as a FOG.

The example that really steams me is that over the last couple of months, big oil companies have reported record profits for 2004. Exxon Mobil, the biggest oil company in the world, had after-tax profits of over $25 billion last year, up 21 percent from 2003. ChevronTexaco had $13 billion in profits, up 77 percent from a year ago. BP earned almost $16 billion in profits, which was up about 25 percent year over year. Finally, ConocoPhillips earned profits of over $8 billion, also up 77 percent from 2003.

Big Oil has given millions to Bush and Republicans and they are reaping the benefits. As if it is not enough that they are screwing average Americans who work hard and struggle to pay for the higher cost of gas, but Big Oil is also taking millions in taxpayer money in Homeland Security grants to buy security cameras, fencing, and communications equipment. The government is running huge deficits, does not have enough Homeland Security money to grant to major cities and to protect public transportation, but it gave $65 million to firms which had record profits in the billions of dollars.

I strongly believe in the capitalist system, but when I am warned about oil shortages and to expect to pay more, it does not make sense to me that Big Oil firms should reap record profits - it certainly stinks of gouging. When you are paying $2/gallon to fill up your car and $300/month on your heating bills, remember that you are helping those poor oil companies set new profit records. Well, it really is great to be a FOG.

4 comments:

Justin's D! said...

Annoying indeed. It's the same old story...the rich get richer and the poor get poorer.

I wonder how I can become a FOG.

Rob said...

All you have to do is disavow most of your current beliefs and give your money to W.

Matar-alloo said...

That's it, I'm getting rid of my car and buying a hybrid gas-electric just to protest. Or maybe I'll invest in one of those hydrogen fuel cell automobiles. What do you think would happen if suddenly all americans decided to not use their regular automobiles anymore? I think the FOGs would suffer greatly and George W. wouldn't be able to afford eating his "freedom pudding" every night.

Justin's D! said...

Yeah, I bet W sits down every night enjoying a heaping bowl of freedom pudding and laughing at our expense. He gets up from his freedom table, adjourns to his freedom bedroom, puts on his freedom pajamas, and gets ready for his freedom bed, of course, not before his nightly freedom jerkoff (eww! just had an ugly mental image).

Like your thinking Matar-Aloo only I will up your ante and purchase a unicycle or maybe even stilts and that will become my primary mode of transportation. Actually, that may be too much a strain on my knees. I think I will import a rikshaw driver, put my suit on each morning, and hop on his back each day to take me to work. TAKE THAT W!!!!! YEEEEAAAAAAHHHHHHHHHH!!!!!