Posted by: IndisGuise April 13, 2006
Bush In Trouble
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Just tracking my trails. . . AP98, I agree that the significant increase in the price have accounted for gigantic profitability for big oil companies. I remember reading an article which mentioned that the earning for these corporations would be superior to that of combined earning of telecom and industrial companies in United States. Now, by any account, we indeed are talking about something 'interesting' here. However, just for the sake of it, $300 billion profit in oil for 3 months dwarfs the fact by miles. A quick look at Exxon's press release for the fourth quarter, 2005 (4Q - 05) results, which is one of the giant in this business, illustrates the net profit in the proximity of $10.71 billion not factoring the special gain. Upon pondering further, what I have come to understand is, the total net profit for these companies should be in the range of $100 billion "per annum" with Exxon contributing in excess of $36 billion. Thus, let's just say $300 billion of profit in 3 months could not have been true and was overstated by leaps and bounds. Besides, there are various other factors that determine the price of the said "liquid," if IMF is to be believed. (IMF ko site ma cha ke research about structure of oil market and causes of high price and incidentally - this research shit, it appears, was approved by some Indian guy. Darn! They are everywhere. The thought just hit my head, so...) But yes, Bush must have felt the heat up his ass, but methinks, it just warmed him throughout the nippy winter. Know-what-I-mean? But think of this bro, would you land on fire to escape from sun heat? Exactly! I think Bush would not either. Especially post Sept. 11 scenario, you know how highly they - the American Public - hold the servants of the nation serving in dangerous assignments? As stupid as Bush "may be," he could not have outdone himself and totally act like a dictionary substitute of an "idiot" - literally speaking. (That is - if he already does not 'appear' so.) Anyways, as reported in the news - the Libby guy goes, Bush approved for this disclosure of a highly classified intelligence assessment to defend the Bush administration's decision to go to war with Iraq. Anyways. . . I was just wondering if he would be formally impeached or not - at least? Of course, that shall hinge on the finding behind Libby’s statement. The chances are thick, but we would not even know what's going to happen in our own country let alone the way the world around us works. Ki kaso? ;) I just hope DcK had president's resignation on his desk in a crisp "classified" - highly at that - envelop past Monday. Natra ma pani tyre balera dhunga sunga hanera peaceful protest garna auchu DC tira. I hope the cops out there would not be as cruel. ;) IndisGuise:) P.S: Ax bro, mathi ko biha-bari ko kura chitta nabuje maafi pam. :) Nice one up there Arko.
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