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Good morning.
Here are a few Washington events of note for Friday, August 1.
The Labor Department is releasing the July unemployment report.
Assistant Treasury Secretary Phillip Swagel is discussing the economic indicators from the last month and the state of the economy.
The Association of Humanitarian Lawyers and the Kashmiri American Council are holding the 9th International Kashmir Conference.
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Comments
I noticed the SWAMP didn't make a post about Exxon record profits. Finally waking up that when their profits rise, so do the taxes they pay.
Posted by: Terry | August 1, 2008 6:55 AM
When Exxon profits rise, does their government welfare check go down too?
Posted by: Zook | August 1, 2008 8:18 AM
Doogie - not sure if their "gov't welfare" check goes down, but I know that their tax bill also goes up. For this past quarter, for every dollar of revenue Exxon-Mobil earned, the shareholders got 8.5 cents and the gov't got over 23 cents - riskfree I may add.
Please define/link this "gov't welfare" you refer to.
Posted by: Terry | August 1, 2008 6:51 PM