Exxon

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Old 09-19-2008, 10:39 AM
k2at k2at is offline
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Default Exxon

I was just thinking. If Exxon gets in financial trouble, should the Feds bail them out or should Congress just give them an increase in their tax credits for oil exploration? Or maybe, give them both.
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Old 09-19-2008, 11:13 AM
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INTERESTING QUESTION

my question is

who is going to bail out the poor average middle class taxpayer
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Old 09-19-2008, 12:23 PM
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Default Exxon decision is an easy one.....

since the majority (almost all) of their products are from foreign oil, let them go back to their oil supplier for money too. That would mean big, big money going back to even BIGGER MONEY for the help. If their OPEC buds didn't bail 'em out the we could make a deal based on the size of their contribution to the progress of energy independence here in the USA. And if that didn't work.....let 'em fold. There are too many alternatives to worry about the fat cats.

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Old 09-19-2008, 07:31 PM
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With the record profits Exxon along with other oil companies have generated recently, they're in position to bail out the federal government.
LED
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Old 09-20-2008, 02:47 PM
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Quote:
Originally Posted by tankdvr1950 View Post
INTERESTING QUESTION

my question is

who is going to bail out the poor average middle class taxpayer
The middle class taxpayer is not a prospect for bailout. We are the ones doing the bailing!

DC
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