Thursday, July 27, 2006

Appearance: Banks and Oil Companies Enjoying U.S. Energy Crisis (

$100,000,000,000 in sales by just one oil company in 90-days.

If you think that amount and a 36% quarterly rise in earning by the Exxon Mobil® energy giant is staggering, look at the banks. Charge Card holders are paying almost $2.00 for each fill-up to Visa®, MasterCard® and their member banks. Much of these unbridled interchange fees are based on a percent of each sale, which translates into unparalleled windfall profiteering.