Progressives 'Break Up' With Obama

6/2/08 - Candidate Obama Promises To Impose Windfall Profits Tax On Oil & Gas Industry

6/25/08, what Candidate Obama will do to help consumers with rising gas prices included a second round of stimulus rebate checks, impose a windfall profits tax on oil companies, and close the Enron Loophole that allows for speculatio­n's unregulate­d upward pressure on gas prices.

http://www­.youtube.c­om/watch?v­=ChNNVhEZj­I0

The first of Obama's many broken pledges & promises once he got elected was reneging on his pledge to impose 'Windfall Profits Taxes on the Oil & Gas Industry", etc.:
http://www­.youtube.c­om/watch?v­=jMbqVDymi­7k

11/10/08 - President-­Elect Obama Abandons Windfall Profits Tax on Oil Companies

12/23/08 - When pressed about his abrupt about face on imposing windfall profits taxes, President-­Elect Obama said, "The prices have now dropped - We'll see about doing that if or when they rise again."

Since 12/08, the price of oil has reached $80/barrel several times, which is the amount that Candidate Obama had pledged would trigger his windfall profits tax. 

http://www­.reuters.c­om/article­/topNews/i­dUSWAT0096­3020080609
http://www­.youtube.c­om/watch?v­=jMbqVDymi­7k
http://blo­gs.abcnews­.com/polit­icalpunch/­2008/12/ob­ama-abando­ns.html
About Barack Obama
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