Corporate profits are up. Whew! I feel lots better now. [View All]

[Stinky The Clown]

>snip<

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

>snip<

http://www.nytimes.com/2010/11/24/business/economy/24econ.html

One point six six TRILLION FUCKING DOLLARS.

By laying people off.

By cutting costs.

By accepting the largess of the Treasury and then doing nothing in return.

The largest profits in the history of profits. Really.

They started recording this stuff when Elvis was still singing live. We're all living life in the shitter and these motherfuckers are making record profits.

How swell.