Can someone please explain to me why a company that makes 30.5 billion dollars in profit needs a 1.8 billion dollar subsidy?

Originally Posted by waynet

Can someone please explain to me why a company that makes 30.5 billion dollars in profit needs a 1.8 billion dollar subsidy?

...to justify all the money the company spent paying members of Congress to get the language authorizing the subsidy inserted in some bill or attached as an amendment??

Let's not forget:

http://www.msnbc.msn.com/id/42928009...s-us_business/

"For CEO's, the pay keeps climbin"

CEOs at the nation's largest companies were paid better last year than they were in 2007, when the economy was booming, the stock market set a record high and unemployment was roughly half what it is today.