Wednesday, August 13, 2008

Drudge: “Exxonmobil CEO Defends High Profits…”

If only it were so. As noted here, ExxonMobil’s performance can only be described as somewhere between “middling” and “disappointing”.

Interesting that conservatives are always being bashed by progressives as lacking in nuance, unable to understand context, seeing things in black & white, blah, blah, blah.

But waive a simple concept like “earnings per share”, or “profit margin” in front of them, and you might as well be trying to explain calculus to someone whose math is what he can count on his fingers and toes.