June 11, 2008

Obscene Profits

It seems that John McCain thinks oil companies make obscene profits.  My cursory research shows Exxon-Mobil at roughly 21% gross profit margin.  One wonders at what profit margin the nation's largest Anheuser-Busch distributor operates. 

For comparison purposes, Anheuser-Busch itself operates at roughly a 33% profit margin and I can't imagine the wholesalers are that far behind.  Unfortunately, it seems that Hensley & Company is not a publicly traded company and doesn't report their numbers.

Just how much profit is obscene, Johnny Mac?*  20%?  10%?  And if Exxon-Mobil is over the threshold, when are you going to go after the brewing industry? 

Inquiring minds want to know.

* - The correct answer is eleventy billionty trillionty billionty percent.  Want to check my math?  Google it!

Posted by: Moron Pundit at 05:19 PM | No Comments | Add Comment
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