Friday, March 12th, 2010

President-elect Obama has second thoughts about a windfall profits tax on the oil companies. The main problem? $45 oil.

I’m not about to hop on the Obama-bashing wagon because I understand that your campaign rhetoric can turn on a dime once you are privy to the info of the Oval office.

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

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