Don't you just love the best media money can buy?
It was announced by the Swineland Bullshit Corporation today that Shell had announced 8.2 billion in the last 3 months. They were slightly down to the 9.9 billion previous quarter but in total they have made 27 billion profit this year so far. It was then announced that Shell was planning to invest 27 billion in the next decade.
When you first hear it, it sounds as though they are investing the money especially for those who are not really paying attention. When in fact on average this year whilst they expect about 36 billion profits, they will actually invest 2.7 billion in similar timescale which is less than they will pay their shareholders in bonuses alone.
It is time to make them pay a proper windfall tax rather than borrow money on our behalf and hand it to them on a plate.