Obscene profits

The graphics in the newspaper is very interesting. The 6 of the 10 top profits were NOT gained by oil companies but rather by financials: Citigroup, Bank of America and GE (the financial arm).

Thanks to American love of debt (and hence being a slave to the lender), these companies are raking in the big bucks.

Oil is something we stop spending on a dime since if everyone started to walk or pedal, the oil profits will all dry up. Debt, on the other hand, you have to pay back and the profitable payments to the banks won't stop so easily.