29 October 2007
War Profiteers, redux
Today's post was going to be all about how a bona fide sign of a fascist government includes using public money to train mercenaries to kill innocent civilians abroad, but then I remembered that we "deployed" Blackwater soldiers right in our own backyard. The same company that operates outside of Iraqi jurisdiction also helped with our home-brewed class war exposed in real time in the Ninth Ward.
Instead, today's military industrial complex tighten up award (perhaps a tiny statue of Cheney shooting us all in the face, or Ike intoning his warning to beware) goes to Exxon Mobile, who today posted record quarterly earnings. I know that a lot besides invasion and bloodshed over vast deposits of crude oil might increase the commodity price thereof. But it sure doesn't hurt Exxon Mobile every time Cheney turns on his pacemaker to threaten Iran or the aforementioned Blackwater opens fire on another group of Iraqis. Admittedly, Exxon is the most profitable and low-hanging fruit of my tirade. Fortunately, we still have exemplary operations to look at that should have nothing to do with war. Hello Shell in Nigeria!
If the MSNBC article is correct, Exxon Mobil has grossed some $40 billion more revenue this year than the discretionary annual budget of the US Department of Education.
See if you can play "when did the U.S. invade?" on the chart above. I know it's a bit old, but in view of today's quarterly earnings report, it is quite de moda.