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big oil and wal-mart

Big oil and Wal-Mart. The two big business that America loves to hate.

A few facts please.

According to Fortune Magazine’s 2006 Global 500 list the top 10 is definitely dominated by oil companies. In fact the top ten list has only oil companies, car companies and Wal-Mart, coming in at second place. No one else seems to care about the car companies and for now we will just leave them out of the mix. Its oil and Wal-Mart that we hate, right? They are the epitome of greed and obscene profits, right?

But oh those pesky facts.

There were five oil companies in the top ten largest companies in the world with oil in the number one spot and Wal-Mart in the second. Keep in mind that that they are rated in this list by total revenues.

Here is the interesting part. All of the oil companies generated profits of about 8% with the exception of Exxon Mobil who came in with about 10% profit.

Outrageous profits?

Price gouging?

Deserving of a congressional hearing…… for an 8% profit margin?????

Not at my company. I’m a construction project manager and the guys who average only 8% profit on their projects don’t last very long.

But what about Wal-Mart. Oooooh I love to hate Wal-Mart. Surely they made an obscene profit on the backs of those under-paid, under-insured proletariat workers.

Wal-Mart made $11 billion dollars on total revenues of $315 billion or about 3.5%.

They could have made as much by putting their money in a passbook savings account.

But if you look through the list for companies that are making the high profits guess what kind of business pops up.

Banks.

I have an idea. Lets all start hating banks instead of Wal-Mart.

Citigroup 18.7% profit
Wells Fargo 18.8% profit
Bank of America 19.5% profit

Citigroup ($24 billion profit on $131 billion revenue) made more than twice as much profit than Wal-Mart on a little more than 1/3 of the revenue.

I got five credit card (guaranteed pre-approval) applications in the mail TODAY. Just today.

People are bitching about the oil companies gouging us for an 8% profit while at the same time paying for their gas with a credit card that charges 18% - to as high as 23% in some states - so the bank that owns the credit card company can make almost 20% profit.

YIKES. What a bunch of idiots we have in this country!!!

Source: http://money.cnn.com/magazines/fortune/global500/2006/full_list/

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when is it ok to yell "FIRE" in a crowded theater

....only when the theater is on fire.

I have friends who say that it offends them when Christians talk about their faith. It offends them when Christians say that Jesus Christ is the only true religion, that Jesus Christ is the only way to heaven.

They say “Don’t try to force your beliefs on me!”

I’m not trying to say that it is ok to be rude or forceful of confrontational. I try very hard not to be that way at all. I find, however, that most people put up such a stone wall at the very hint of a conversation about Jesus, that there is little danger of getting to the point of being overly forceful or rude even if I wanted to.

So what about it? Is it rude for a Christian to talk openly about his faith? Worse yet to try to convince someone who rejects the claims of Christ that Jesus is the only way to know God and the blessing he has for those who follow Him in this life and the one to come?

Well if we are all wrong about Jesus, then yes it is is rude. The Bible itself even says so in 1 Corinthians Chapter 15 verse 17-19.

And if Christ has not been raised, your faith is futile; you are still in your sins. Then those also who have fallen asleep in Christ are lost. If only for this life we have hope in Christ, we are to be pitied more than all men.

What Paul is saying is that if Jesus Christ was not crucified on the cross for our sins, then resurrected from the dead, then we are to be pitied if we continue to follow Him. It would logically follow that we would deserve to be despised if we also tried to convince others to follow Christ with us under those circumstances.

If the claims of Christ death on the cross and later resurrection are not true, if Christ is not the son of the one true God, then we are like someone crying FIRE FIRE in a crowded theater that is not on fire.

If it is all true about Jesus and we say nothing, then we are like a man who knows that the theater is on fire, but slips out the back exit without warning anyone.

One thing I know for absolute certainty. If Jesus is who He said He is, the consequences for you to reject Him are very severe and I have a responsibility to tell you what I know to be true about Jesus Christ, even if you want to ignore me or revile me so that you can sit in the dark and watch life go by like a bad “B” movie.

UPDATE (10.20.06)

Response to Steven's comment:

Wow! You are one angry Catholic. Because your comment addresses so many issues not even brought up in my post, it appears to be an excuse to go on an anti-protestant rant.


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reason to blowupyourTV #1

Please unplug your Televsion Set NOW!!!

It is sucking your will to live!!! Seriously folks. TV is turning our brains to mush.

The average length of a segment of a TV show between commercials is about 12 minutes.

The average length of time a sixth grader must be able to not lose his concentration before he is diagnosed with ADD is about 13 minutes.

Small towns in America closing their libraries because of low visitor numbers.

Number of adults between 40 and 60 years old who read The Lord Of The Rings trilogy when they were teenagers: Most of them.

Number of today’s teenagers who have read the Lord Of The Rings trilogy: HA! YOU’VE GOT TO BE KIDDING

Coincidence? I don’t think so.
Stay Tuned!!!!

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