Left Hook - 8/31/13, Dean Henderson
While Americans line up at the gas pump for their annual Labor Day fleecing, Exxon Mobil reported 2012 earnings of $44.9 billion. That’s $300 million shy of the all-time record for corporate profits. That record belongs to – you guessed it – Exxon Mobil. So much for Labor Day. Global monopoly capital, now pushing for war in Syria, is firmly in the driver’s seat.
(Excerpted from Chapter 7: The Four Horsemen: Big Oil & Their Bankers…)
In 1975 British writer Anthony Sampson penned The Seven Sisters, bestowing a collective name on a shadowy oil cartel, which throughout its history has sought to eliminate competitors and control the world’s oil resource. Sampson’s “Seven Sisters” name came from independent Italian oil man Enrico Mattei.