Obama and the Democrats have just shown the people how dumb they are when it comes to economics.
The Democratic plan to impose a windfall profit tax on big oil companies would have imposed a 25 percent tax on any unreasonable profits of the five largest US oil companies, which together made $36 billion during the first three months of the year.
Raising taxes on those who produce something leads to higher prices on the products they sell, higher prices to the end user. I'm sick of the Dems saying tax business more, when I end up paying for it with increased prices. Higher taxes for business means higher prices for the consumer. GET IT!
On the other side of the coin the Dems are fighting against allowing more oil drilling and the building of new refineries. We might harm a friggen seal or piss off some sea snail.
Its only been 18 months and the American people have seen what the Democrats who run Congress have to offer: higher taxes, broken promises and skyrocketing gas prices. Of course they blame Bush for all thats wrong, its easier that way.
The Dems answer is 'we're looking toward the future and have made great strides on the environment'.
YAHOO we can't afford fuel, food, and taxes are going up, but we have saved two seals, six polar bears, several trees, and everyone is being politically correct. Just great.