I’m glad my oil company does not profit like my bank!!
Yes, you read that right. With the way the news reports the thing the oil companies are getting away with murder. Well, they better look again. Looking at net profit margin, a percentage of profit to revenue, my bank murders the people I buy gas and other convenience items from.
The oil people have revenue of a little over $80 billion. They make a 4.4% net profit for a total money profit of $3.6 billion. If my bank had the same revenue as my oil company their profit would be $18.3 billion. So who’s gouging the people? Please keep my bank small. If they get to be the size of my oil company we are going to be in a world of hurt where I live. The bank will have all the money. Wait, they have it all now! Where are they going to get the new money from? We’ll all be bankrupt. Then we won’t be able to buy any gas. This is going to be a terrible situation one of these days? Wait......it already is .......well, I will quit now before I make myself sad.
Wednesday, April 19, 2006
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