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re: NY Times Opinion Piece: Exxon Mobil’s Pioneer Acquisition Is a Direct Threat to Democracy
Posted on 10/19/23 at 8:59 am to Tantal
Posted on 10/19/23 at 8:59 am to Tantal
quote:
Larger, consolidated oil companies have incentives to restrain production, restricting supply to artificially sustain high prices. This is the only sentence in the entire piece that's even somewhat true.
BS!
0
Posted on 10/19/23 at 9:00 am to ragincajun03
Thes fricksticks have no idea what democracy is
Posted on 10/19/23 at 9:01 am to Kingpenm3
quote:
companies this size..forced to break up
Ok.
Google, Meta, and Apple can be first up.
Posted on 10/19/23 at 9:02 am to Jake88
quote:
In politics, concentrated interests, like rich corporations, have powerful advantages over diffuse interests, like voters, that can distort outcomes and thwart progress Did the left react like this to Google?
No it’s only relevant to companies they think haven’t fallen into the climate hoax in lockstep.
Posted on 10/19/23 at 9:04 am to ragincajun03
They want wealthy people to not be more wealthy is the true answer.
And wanting government to rule over this is a monstrously horrible idea.
Mutha fricks want to be Russia
And wanting government to rule over this is a monstrously horrible idea.
Mutha fricks want to be Russia
Posted on 10/19/23 at 9:07 am to NotoriousFSU
quote:
Everyday I’m reminded more and more how absolutely, undeniably correct McCarthy was all along. Shoulda have nuked Russia off the map after WWII.
And then what? Try to install another failed government that eventually falls to the Chinese or some Middle Eastern country?
Posted on 10/19/23 at 9:20 am to ragincajun03
How does a deal like this “undermine democracy” if it is not considered a monopolistic practice or violate antitrust?
Pissing off environmentalists is not a “threat to democracy.” In fact, I encourage it.
Pissing off environmentalists is not a “threat to democracy.” In fact, I encourage it.
Posted on 10/19/23 at 9:26 am to CatfishJohn
Idgaf about the picking up of the pieces. The eradication of commies and socialists from our nation is the only thing that matters.
Posted on 10/19/23 at 9:28 am to ragincajun03
"threat to democracy." Is this the bedwetters new catch phrase for things they disagree with?
Posted on 10/19/23 at 9:29 am to ragincajun03
"Threat to Democracy."
Jesus Christ
Jesus Christ
This post was edited on 10/19/23 at 9:30 am
Posted on 10/19/23 at 9:32 am to SteelerBravesDawg
quote:
Threat to Democracy.
Do we dare create a game where everyone drinks each time this phrase is uttered during the presidential debates?
Posted on 10/19/23 at 9:40 am to ragincajun03
The media is way more of a threat to democracy than Exxon
Posted on 10/19/23 at 9:45 am to ragincajun03
You just can't make this incompetence up...
Posted on 10/19/23 at 10:00 am to Jake88
quote:
Did the left react like this to Google?
Exactly.
For comparison sake, Google make more than Exxon last year:
quote:
Alphabet net income for the twelve months ending June 30, 2023 was $60.953B
and Apple made almost twice as much:
quote:
Apple net income for the twelve months ending June 30, 2023 was $94.760B, a 4.89% decline year-over-year. Apple annual net income for 2022 was $99.803B
So if net income and their ability to use that money to sway the populace is the problem these two should've been broken up long ago.
This post was edited on 10/19/23 at 10:03 am
Posted on 10/19/23 at 10:05 am to Chucktown_Badger
Dumbfricks. Their regulations are consolidating the O&G industry
Posted on 10/19/23 at 10:07 am to ragincajun03
I eagerly await the NY Times hard hitting piece on how the Media being owned by a select few Corporations is a threat to Democracy.
Posted on 10/19/23 at 10:11 am to ragincajun03
quote:
And Congress should hold hearings on this?
Posted on 10/19/23 at 10:11 am to Privateer 2007
quote:
companies this size..forced to break up
quote:How about the Federal Gov't?
Ok.
Google, Meta, and Apple can be first up.
- 135 million employees; next largest is Wal-Mart at 2.3 mil
- rescind powers granted by legislature to executive branch (some 3 letter agencies, Dept. of Ed for example)
- give those powers back to states
Posted on 10/19/23 at 10:13 am to ragincajun03
quote:
Combined, Exxon and Pioneer would be the largest producer of oil and natural gas in the Permian Basin, the field that produces more than 40 percent of America’s oil.
Very misleading statement. The combined production would be roughly 15% of the production in the Permian. Not exactly monopoly numbers….
Posted on 10/19/23 at 10:14 am to ragincajun03
quote:
Direct Threat to Democracy
It's from the NYT. Translated - big oil gets bigger thereby making it harder for the commie / libs to have their opinions taken seriously.
These are the same folks who are mad that Toyota is investing heavily in hybrids as opposed to 100% EV's. At the spring Toyota shareholders meeting, the activists were told to pound sand, which is what Exxon Mobil is also saying by purchasing Pioneer. Both companies have an obligation to increase shareholder returns, and both see a continued profitable future in fossil fuels. Sounds reasonable to me.
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