Thursday, December 02, 2010

JEEZ, MARXISTS ARE EVERYWHERE!!!

Despite all the talk about how Pres. Obama is a Marxist and about the ginormous uncertainty about Federal taxes, corporate profits are doing just fine, thank you.
Corporate Profits Were the Highest on Record Last Quarter
By CATHERINE RAMPELL
Published: November 23, 2010
NY Times

American businesses earned profits at an annual rate of $1.659 trillion in the third quarter, according to a Commerce Department report released Tuesday. That is the highest figure recorded since the government began keeping track over 60 years ago, at least in nominal or noninflation-adjusted terms.

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