It's racist to question Obama.
It's racist to criticize Obama.
It's racist to oppose Obama.
In fact, unless you vote for Obama at least 3 times in November, you're racist.
his first big fuckup calling for a windfall profits tax.
Not enough to derail him be about 3 more like this and he's done.
I'm voting for Obama even if he bans the sale of gasoline.
That doesn't make him right on passing welfare on the backs of energy companies.
Tax a product hard and see if you get more or less of it. This was tried by Carter and it started the dependence on foreign oil.
This is not communist Russia. Last I check we sorta still live in a free market economy. Please look at countries that don't allow free flow of capital and tell me if any are not in the third world. I know that's kinda tough for you not ever having sat in a an economics class or even tried to learn the basics.
So let me ask you smart boys something. You can consult your smartphones if need be.
In a time when there is seething and still rising anger over gas prices, you think that the guy who is pushing for an additional tax break for Exxon Mobile is going to win huh?
I feel sorry for both of you because you don't have any idea of what's going on. And, left to your own devices, you would make this situation worse and worse, until finally, the ruling elite was overthrown and they, and you, ended up with your heads on the guillotine, while Madame Defarge knitted and cackled as each of your severed heads hit the ground.
Darla it is not about who one is voting for its about good economics. Among other things windfall profits tax incentivizes less domestic oil drilling which causes our reliance on overseas oil to increase and will do nothing to lower the price of gas at home. Jimmy Carter tried it. It was not successful. There is nothing different today that will all of a sudden make it successful this time.
Topsy, you're so naive. Always rushing to the defense of poor ol' big oil.
Not sure if you're keeping up with current events, but we have a little energy crisis on our hands. Oil is more than simply a commodity in the free market; it is an issue of economic survival, independence & national security. And there is gouging, to the tune of 10's of millions of dollars that the oil companies can spend on D.C. lobbying efforts to keep flex fuel options & other alternatives from seeing the light of day as a real, viable choice for American consumers. This, in turn, is royally f**king us for the future.
A windfall profits tax is a very modest measure in light of what the oil industry is doing.
Its a huge mark against obama. As Obama would say: "Here is what we know"
1) American oil companies make between about 5-10% margins. (as a comparison most high tech companies are not considered successful unless making over 50% margins.)
2) The oil companies will either lay off worker or raise the price of there product to make up the difference
3) Govt cant be trusted with extra tax money. Where is the extra money going to go?
I have to say its somewhat making me nervous that obama throws out the word tax so quickly.. I was looking for him to attack energy problems with more tax incentives for alt energy.. not windfall taxes.