Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Barack Obama breaks first campaign promise by dropping oil tax
The Telegraph ^ | 12/4/2008 | Alex Spillius

Posted on 12/04/2008 3:23:55 PM PST by bruinbirdman

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-33 last
To: bruinbirdman

LOL!!

Boy, am I enjoying this!

The man proves over and over that he is an empty suit.

His fav expression will come to be, “Oops!”

Hey Yer Majesty, reality bites, eh?


21 posted on 12/04/2008 3:41:46 PM PST by upchuck (Oppressors can tyrannize only by achieving a standing army, a slaved press, and a disarmed populace.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: goldstategop
"Obama is abandoning plans to raise taxes. The Far Left kook fringe is disappointed. He's behaving like Bush! That's the ultimate insult. "

For this, Obama is being criticized by the right? Hey, if things improve under this fella, by him listening, then I am for it. We need to make the best of what we have, while preparing for the future. If he does some important things right, then I support those actions.

Remember, the Republicans did us more damage in the last few years.. by bickering and inaction than any of the Dems in those years. These folks elected Obama.

Let us take the victories where ever we get them.

22 posted on 12/04/2008 3:57:44 PM PST by drc43 (NO Drilling for prosperity!!....Nancy Pelosi)
[ Post Reply | Private Reply | To 15 | View Replies]

To: SkyDancer

What windfall? Oil has dropped from $147 per barrel to $47 per barrel in less than 4 months. You can hear the sucking sound coming out of the Oil and Gas Industry. Bankruptcies will begin soon at these low prices because these idiots in congress have never had an intelligent energy policy—just “go after the money!” So they will create another shortage by taking away the incentive to drill. So we will increase our oil imports by another 10% in the next 2 or 3 years, and be having this same discussion.


23 posted on 12/04/2008 4:02:14 PM PST by richardtavor (Pray for the peace of Jerusalem in the name of the G-d of Jacob)
[ Post Reply | Private Reply | To 2 | View Replies]

To: bruinbirdman

How can the lying, lunatic, liberal left justify a “windfall” profits tax on a company with a 6% net profit (like oil companies), but not put the same tax on a company with a 60% profit margin (like retail jewelers)?

It would seem to be very easy for an oil company lawyer to argue such a left-wing scheme violates the 14th amendment. If our courts weren’t so corrupt the decision to such an argument would be obvious.


24 posted on 12/04/2008 4:07:48 PM PST by Auntie Dem (Hey! Hey! Ho! Ho! Terrorist lovers gotta go!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bruinbirdman

First off, what is so magic about $80 per barrel? Second, it is when prices are high that we need more supplies, and the oil companies need the profits to enable them to drill.

I bet this $80 becomes some magic number that comes up again in the future. It has come out of thin air, just like a FactChecked COLB.


25 posted on 12/04/2008 4:20:01 PM PST by Pearls Before Swine (Is /sarc really necessary?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dynachrome
I don't think real small businesses would object.

True. I think they must have been talking about smugglers, pirates, and drug dealers.

26 posted on 12/04/2008 4:21:15 PM PST by Right Wing Assault ("..this administration is planning a 'Right Wing Assault' on values and ideals.." - John Kerry)
[ Post Reply | Private Reply | To 20 | View Replies]

To: bruinbirdman

Oboma will figure out a number of things as he prepares to pretend to be a real president.


27 posted on 12/04/2008 5:05:56 PM PST by pallis
[ Post Reply | Private Reply | To 1 | View Replies]

To: pallis

“An aide explained the change by saying: “President-Elect Obama announced the policy during the campaign because oil prices were above $80 per barrel. They are below that now and expected to stay below that.”

Nobody, and I mean nobody, even OPEC can rightly predict what the price of a barrel of oil will be from day to day: this is BS and his campaign pledge was not based on economics, rather, it was based on “the environment”.

But this has GOT to be a record for a “broken campaign promise” and he ain’t even POTUS yet!


28 posted on 12/04/2008 5:32:12 PM PST by Nick Thimmesch
[ Post Reply | Private Reply | To 27 | View Replies]

To: bruinbirdman
Hey, Barack, the more promises you break, the better I like you.

Now, let's talk about those abortion and gun control problems you've got.....

And when you're done with that, I got a few more for ya....

29 posted on 12/04/2008 5:56:16 PM PST by FlyVet
[ Post Reply | Private Reply | To 1 | View Replies]

To: bruinbirdman

Oh, I just can’t WAIT to rub this in the faces of those guys at work who voted for Obama.


30 posted on 12/04/2008 6:18:22 PM PST by RandallFlagg (Satisfaction was my sin)
[ Post Reply | Private Reply | To 1 | View Replies]

To: y'all

Things change, don’t they. I hope this continues.


31 posted on 12/04/2008 6:41:22 PM PST by Cyber Ninja (His legacy is a stain on the dress.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bruinbirdman

I never thought he’d really go through with this. Democrats like to pick up this issue to pander, but the smarter ones (including Obama) know damn well that it’s a bad idea, which is why they never follow through on it. Only the true-blue morons like Barbara Boxer really want a windfall profits tax.


32 posted on 12/04/2008 7:30:48 PM PST by MinnesotaLibertarian
[ Post Reply | Private Reply | To 1 | View Replies]

To: bruinbirdman

There will be no windfall profits with oil at $25/bbl.


33 posted on 12/04/2008 9:44:26 PM PST by Mike Darancette (I have nothing to say - Oliver Hardy)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-33 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson