Comments on: Neeeever mind (again!): Obama abandons windfall profits tax

By: Don Surber » Blog Archive » President Litella

Don Surber » Blog Archive » President Litella — Fri, 07 Aug 2009 19:19:22 +0000

[...] Michelle Malkin topped that: “Barack Obama is morphing into SNL character Emily Litella.” [...]

By: Liberals have reason to be concerned by Obama’s early moves? « Goodtimepolitics

Fri, 26 Dec 2008 18:23:35 +0000

[...] Neeeever mind (again!): Obama abandons windfall profits tax Possibly related posts: (automatically generated)Antiwar groups fear Barack Obama leaning toward [...]

By: The Nobama Blog » Blog Archive » Windfall Profits Tax: Reloaded — Bad Ideas Don’t Get Better the Second Time Around

Wed, 10 Dec 2008 03:47:38 +0000

[...] the candidate of change and hope is probalby hoping no one notices he changed his mind on the windfall profits tax he hawked all through the high gas prices of Summer and Fall. Amazingly for liberals, the free market worked, [...]

By: Steynian 293 « Free Canuckistan!

Steynian 293 « Free Canuckistan! — Thu, 04 Dec 2008 19:40:24 +0000

[...] ELECTION PAST, Obama finally lets Fox News ask a question; Never mind (again!): Obama abandons windfall profits tax …. [...]

By: The Other McCain: 'Thanks, chumps!'

The Other McCain: 'Thanks, chumps!' — Thu, 04 Dec 2008 17:22:06 +0000

Obama to base: ‘Thanks, chumps!’…

Remember all those speeches, all those e-mails from Obama, proclaiming that the election was all about you? And now you see it’s all about GM and Citgroup and Goldman Sachs, right? Obama doesn’t give a damn about you, and never did. He’s a user, and…

By: conservativesRus

conservativesRus — Thu, 04 Dec 2008 14:37:46 +0000

On December 4th, 2008 at 12:33 am, RockyR said:

PS – this deal about Palin taking oil company profits and distributing to them “the people of Alaska” is a terribly wrong-headed idea

Pardon me for my ignorance here – exactly what did Palin do? Did she impose additional “profits” taxes specifically on the oil industry or did she increase lease/royalty payments rates. There is a vast vast difference between the two. I honestly don’t know and don’t have time this morning to look. Sorry for my ignorance on this.

By: conservativesRus

conservativesRus — Thu, 04 Dec 2008 14:29:33 +0000

On December 3rd, 2008 at 5:40 pm, Dexter Alarius said:

Dexter – you are of course correct in exactly how the government provides fish. However, how many times have we heard politician talk about how many jobs they will create?
Those who are financially astute (meaning can reason above the level of 5 years old) realize that gov’t doesn’t create jobs, only “demand” creates jobs.
Jobs are created to provide supply to fulfill demand.

By: karl9000

karl9000 — Thu, 04 Dec 2008 14:09:22 +0000

The funny thing (if you want to clal it that) is, the oil companies are still making the same percentage profit per barrel as when the cost per barrel was $140.

Oil company profits are based on volume of sales and costs. When the price/cost of oil goes up, that same percentage that isn’t a “windfall” at $50/barrel suddenly becomes a “windfall” at $150/barrel.

Demand has become the big push in the drop in cost per barrel, not a decision by the oil comapanies or even OPEC to reduce any “windfall” profits.

Any objective person would realize that a “windfall” would exist if the oil companies increased price so as to increase their percentage profit while their costs remained constant.

If the Government had ANY chance of proving that, the oil companies would be nationalized today. But the Government can’t, so all they do is call the Execs in for a round of scolding and threaten “windfall” profit taxes.

The only wind falling out of this is what Obama and others are blowing out their rear ends. Give me whiff of gasoline any day; it smells a lot sweeter and costs a lot less…

By: Change Obama Can’t Believe In : The Armchair Energist

Change Obama Can’t Believe In : The Armchair Energist — Thu, 04 Dec 2008 12:23:27 +0000

[...] shelves oil company tax after price fall: aide – Reuters Neeeever mind (again!): Obama abandons windfall profits tax – Michelle [...]

By: Bloodthirsty Liberal » The Domino Theory

Bloodthirsty Liberal » The Domino Theory — Thu, 04 Dec 2008 11:21:07 +0000

[...] turns out to be true. When one Obama campaign promise is broken, they all fall: “I said that I would remove our combat troops [...]

By: But, comrade, you said….. « Mark Epstein

But, comrade, you said….. « Mark Epstein — Thu, 04 Dec 2008 11:11:43 +0000

[...] a “business as usual” atmosphere in his cabinet picks, one has to seriously wonder what “change” anyone “hopes” to see in The Obamination [...]

By: graysonret

graysonret — Thu, 04 Dec 2008 10:30:19 +0000

“I won the election. The heck with my campaign promises. I can do what I want, now”.

By: Windfall Profits Tax Require a Windfall? Duh. | BobMaistros.com

Windfall Profits Tax Require a Windfall? Duh. | BobMaistros.com — Thu, 04 Dec 2008 07:54:36 +0000

[...] Michelle Malkin and others are pointing out that Sleek Barry has now deep-sixed the proposed windfall profits tax he proposed during the campaign to finance a $1000 “emergency energy rebate.” [...]

By: torabora

torabora — Thu, 04 Dec 2008 06:28:50 +0000

RockyR…Don’t forget the Bush Prescription Drug Program that has no funding source! BO will want to top that one.

By: GrumpyOldMan

GrumpyOldMan — Thu, 04 Dec 2008 06:19:29 +0000

Hey, I got a great idea, instead of these piddly rebates & stuff we trash all these Bailout plans amounting to 7+ Trillion dollars.
Then we can save Billions by simply having each Legal American citizen get $1 Million dollars!
Just think how this would positively impact our economy and have a “Trickle Up” effect on all these failed businesses.
—Al