Archive for May, 2008
NY Times’ Frank Rich writes about the hypocrisy in US politics whipped up by Reverend Wright. His column today is a must read. .. As usual.
This hilarious video is a parody of this video:
http://gawker.com/385730/anderson-cooper-the-most-trusted-name-in-bears?autoplay=true
Financial blowhards are tar-and-feathering the Rockefellers for suggesting that ExxonMobil start thinking outside the box. The founding family (of ExxonMobil’s predecessor Standard Oil) wants the oil behemoth to increase its accountability to shareholders, streamline corporate governance, be more transparent and most importantly: cast its focus on the future — a greener future.
Wall Streeters lose themselves when looking at ExxonMobil’s numbers. The company makes more money than the GDP of 2/3’s of the world’s economies. And these corporate lapdogs are lashing out at the Rockefellers for daring to suggest that ExxonMobil change course in any way. They’re thinking: “The company is raking in the cash - why change anything?”
But Wall Street is blinded by the dollar sign, naturally.
The Rockefellers are not.
The oil-rich family is thinking about ExxonMobil’s future returns, not current. Because they understand that this is the key to real and lasting wealth.
Oil is 20th Century. And we are living in the 21st.
The Rockefellers want ExxonMobil, along with streamlining its operations, to start investing in green technology. We should be celebrating this visionary leadership. The Rockefellers see all too clearly that oil is a losing game. The times may be fat now, but wait till the oil dries up, or simply becomes too expensive to harvest and refine for your average consumer to purchase as we have become accostomed.
Right-wing corporate lobbyists have called the Rockefellers out-of-touch veggie-heads for suggesting an investment in green tech. This accusation is laughable.
Here, Wall Street is blinded by the word “green”, foolishly equating the word with money-pit.
Again, the Rockefellers are not so blinded.
They understand that future is in green technology. So, the family is wondering why ExxonMobil shouldn’t position itself to lead the way. It seems like a no-brainer.
At the end of the day, green tech and green energy is going to march us into the 22nd Century - not oil. And the Rockefellers are thinking to themselves: “We might as well make a buck.”