Oil Prices 'Doing Significant Damage' To U.S. Economy, Moody's Says

Obama campaigned on promising to impose 'Windfall Profits Taxes on the Oil & Gas Industry".  

It was the first promise he broken after he was elected, saying, "The prices have now dropped - We'll see about doing that if or when they rise again."

Oil hit over $80/barrel (the amount that, had Obama kept his promise, the windfall profits tax would have been triggered) months and months and months ago.  It's now at $108/barre­l.

WHERE IS OBAMA?
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