Tuesday, February 3, 2009

Who Let The Dogs Out

Last summer, as the price of a barrel of crude oil topped out at $147 a barrel, there was public clamoring for the oil companies profits to be taken and redistributed to the public. How dare a company like Exxon Mobil make records profits while the country is in economic peril. The above picture, part of a campaign piece produced by left wing congressional contender Alan Grayson, who unfortunately defeated Ric Keller in my Orlando district, credits the hometown Orlando Slantinel as a cheerleader for this kind of rhetoric. Idoits at large in my view!

Forget that the rise in oil was an economic phenomenon, perhaps a byproduct of the historical expansion of India and the pre-Olympic China. Arm chair economists like myself predicted oil would retrace to $75 per barrel. For the record, I did not see it falling into the $30 area. However, it was declared immoral for these oil companies, roughly generating a profit margin of about 10%, to continue to rape the public in this fashion. Educating the idiots, two well known companies, Microsoft (MSFT:NASDAQ) and Coca Cola (KO:NYSE), have profit margins in the 20% range.

That was a nice run the oil companies supposedly had, but what about now, with oil at $40 a barrel. Times ain't pretty, as we find out from Royal Dutch Shell (RDSA:LN) who produced their first quarterly loss in 10 years. You ain't going far without these oil companies, so I would caution about celebrating their demise.

I know where you can shift your anger, as I know of a company kickin the crap out it while we are in these horrendous economic times, and with a profit margin far exceeding that of the oil companies. When you go there to protest, grab yourself a Big Mac! That right, McDonalds (MCD:NYSE) reported record earnings.

Where is the public outcry about the obscene profits the Golden Arches are posting? I have not heard the dogs barking? Cat got your tongue? Oh, shut the pie hole, or rather, stuff it at Mc'Ds. If Preston Parker is blocking the drive thru, join the festivities in the dining room, where CNN is on flat screens and the capitalism will make you sick. I hear they even have a hotel for dogs for you to sleep it off!

Furthermore, the charitable foundation McDonalds operates is a blueprint for philanthropy, again stating the case that those who have money after taxes do profitable and charitable things with their profits, like creating jobs and opportunities and helping others. What a concept!

For us hard working Americans, we will grab a happy meal cause we deserve a break today; at McDonalds. Be sure to chase it with a refreshing Coca Cola! I'm Lovin It!

I AM A SHAREHOLDER OF MCDONALDS AND COCA COLA AND FORMERLY OF MICRSOFT

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