Obama Drops Windfall Profits Tax

In an act that further proves that Obama believes there is such a thing as too much success he decided to drop his famed windfall profits tax proposal.

Now, right now you might be saying “But CP (College Politico), dropping a proposed tax is a good thing and encourages success”. To which I would reply “yes, awesome and intelligent reader, that is true but its not the fact that he dropped the tax proposal which proves he thinks a person or company can be too successful but, rather, its the reasoning behind it.

You see, Obama has decided to drop the tax not because Oil companies have lowered their profit margins but instead because the price of oil has fallen below $80 a barrel.

So, while oil companies are still making the same percent profit they were when oil was at $140
a barrel somehow their profits are no longer considered “windfall”. In other words, oil companies are operating in the exact same fashion they were when Obama called jumped on the “windfall” tax bandwagon but somehow they were taking advantage of us then and now they aren’t.

Right, I think I got it now… oh wait, I’m sorry, I can’t understand it because it is absolutely absurd!

Of course the windfall profits tax was always absurd because the oil industry has one of the smallest profit margins (about 8%) of any industry in the world (I’ve seen reports that Google has up to a 50% profit margin for some of its online advertising but nobody is calling for a Google windfall tax). And it would still be absurd even if the oil industry had the largest profit margin because the industry is not a monopoly but is made up of many competing companies and, so, if people choose to buy from a company with a 50% profit margin instead of the company with a 10% or 5% profit margin how is the company at fault? If customers are willing to pay the price set by the seller then the seller cannot be at fault.

In fact, the only way a seller can get away with price gouging and windfall profiteering is if they are monopolies devoid of competition. And, furthermore, the only way a monopoly can form is if the government either allows it to or, and this is far more likely, actively creates it. So, if Mr. Obama is truly concerned with “windfall” profits he ought to direct us away from our current slide down the socialist slope and back towards a steadfast commitment towards free market capitalism.

UPDATE: Hot Air and Malkin chime in on this issue with quite interesting points

Richardson joins Obama’s Cabinet

The day after Hillary Clinton accepted the Secretary of State post the fact that New Mexican Governor Bill Richardson will be nominated as Commerce Secretary was leaked.

Yup, the man widely (and rightfully) referred to as “Judas” by the Clinton camp will now be working hand in hand with Hillary herself. Brilliant!

Forget the “team of rivals” label this is much closer to a “team of liberal who hate each other” shaping up. I guess we will have to wait and see how it plays out. The best we can hope for, i would think, is that they quickly implode and keep each other from implementing their idiotic lefty policies.

Keep praying.

Associated Press Cites Cookie Success as Example of Obama’s Change

No… I couldn’t make this up if I tried:

Want an example of the change Barack Obama is bringing to the country? Check out cookie sales at Baby Boomers Cafe in Des Moines.

Yes… that’s right, not only is Obama our new savior but he is now our new Pillsbury Doughboy.

httpv://www.youtube.com/watch?v=l_I3br9m-68

Actually, judging by this comment from the owner of the cafe that Obama has shown his grace upon maybe he is a strange doughboy messiah combination, or, in other words, he is a savory savior:

“I think everybody just … thought, ‘Oh, great cookie, great president _ the world is a happy place. Barack’s going to fix all the problems and if I have a bite of this cookie it’s going to make me feel good,'”

Biden vs Palin so far…

So the number 1s have chosen their number 2s. Lets take a minute to make a video comparison of the two latest video from Joe Biden and Sarah Palin.

Here’s biden at a campaign event making a little gaffe and sounding just plain painful… (Bob Casey jr was negative 2 years old at the time)

httpv://www.youtube.com/watch?v=ZN5khF2i2ek&eurl=http://hotair.com/archives/2008/08/30/video-biden-sees-unborn-people/

And here’s Sarah Palin on CNBC sounding smooth and informed… plus she isn’t afraid to directly critique her own party.

httpv://www.youtube.com/watch?v=2GE11URmmnc&eurl=http://hotair.com/archives/2008/08/29/video-palin-knocks-biden-on-drilling-ties-it-to-national-security/

McCain’s pick looks better and better every hour… can you say the same of Obama’s pick?

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Huckabee to supporters: Palin pick “pleasant surprise”

Contrary to what others in the conservative community might think it seems that Mike Huckabee isn’t trying to fracture the party or “stir up the same sense of grievance among the Huckheads that finding out Hillary wasn’t vetted stirred up in the PUMAs” it seems that Mike Huckabee is actually quite happy with the VP choice.

Here is the message he sent to supporters today:

Sarah Palin for Vice President!

Today at 12:48pm
by Mike Huckabee

Sarah Palin is a pleasant surprise for those of us who had hoped that Senator McCain would pick a principled and authentic conservative pro-life leader. Sarah Palin is both principled and authentic. As a Governor, she also brings an important balance of understanding of the critical domestic issues that is needed and that the Democrats have ignored with their ticket. Governor Palin is smart, authentic, tough, and a dynamic choice that will remind women that they are not welcome on the Democrat’s ticket, they have a place with Republicans.

Seems as though he, like pretty much all conservatives from Rush to Beck to Malkin (to me), is pretty taken by Palin and pretty pleased with McCain for picking her. Maybe this will make the “Romneyheads” back off Huckabee, then again probably not… But, hey, Huckabee probably won’t back off Romney anytime soon either.

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Obama intro video: less than a minute dedicated to his experience

I just rewound my Tivo after I was surprised at how little time they dedicated to trying to establish Barack Obama’s experience in his introduction video. And I’m not kidding on this… it was less than one minute, and that includes when they were talking about his “community organizer” and state senate days. According to my rough count they spent about 20-30 seconds (my exact count was 20 but I’ll throw in a buffer) on his national political experience.

And even more odd than the lack of time spent on his national experience, because lets face it there just isn’t much, was how they choose to highlight his time in the US Senate.

After quickly mentioning that fought for “energy independence”, “Nuclear Proliferation”, and “Ethics Reform” the video cuts to US Senator Claire McCaskill saying “I watched him stand in the middle where alot of the senior members of the Senate were saying “hey, go away and leave us alone”, he wouldn’t”.

I guess that was intended to make him sound determined… but it doesn’t give any context. I mean why were they telling him to go away? What were the senior Senators talking about? Why did Obama want to talk to them so badly? Honestly, without an explanation it just makes Obama sound annoying (or determined depending on your perspective I guess).

In stark contrast to the time allotted to talk about Obama’s experience about 5 minutes were dedicated to talking about his childhood…

Things can’t be good for your party when the 10 minute video introducing your candidate at his acceptance speech only spends 20 seconds talking about his experience in national politics…

UPDATE: Best line of the night for me was when Obama claimed that he wasn’t a celebrity… while delivering a speech to 85,000 adoring fans… in a converted football stadium… in front of a set that looks like a temple… with a massive fireworks display at the conclusion

UPDATE: Nomination acceptance speech or Super Bowl half time show? You Decide…

 

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Barack Obama: Messiah or Greek God?

By now I’m sure that we have all heard the Messianic claims of “The One”. You know, things like “this was the moment when the rise of the oceans began to slow and our planet began to heal” or “a light will shine down, from somewhere, it will light upon you, you will experience an epiphany and you will say to yourself, I have to vote for Barack” (outlined ever so subtly in this McCain ad). And its clear by the undying devotion of the Obamatrons that he is not the only one who believes that he has “become a symbol of America returning to our best traditions”.

But it seems that Obama is tired of being seen as a mere Messiah and wants to go for a somewhat more mythical appearance. Or atleast that’s what the stage at his inaugural spe… opps, I mean nomination acceptance speech would imply.

You see Obama has opted out of the traditional setting for an acceptance speech, (you know, big American flag, flashy American styled graphics on big screen tvs, American themed confetti and ballons falling from the ceiling) for a style more fitting of a Greek god (you know, big greek pilars, 80,000 cheering worshipe… opps, I mean supporters in a massive stadium, an epic finish with thousands of explosions that light up the sky and leave people in majestic awe… otherwise know as fireworks).

But hey the Messiah tag isn’t Obama’s fault, its McCain’s, right? So this Greek god talk must be McCain’s fault too! Right, OK wait… No. Actually, Obama’s Greek god status is apparently nothing compaired to McCain’s wealth. Yea, that one is gonna stick…

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Obama’s attempt to be as cool as a 12 year old girl fails horribly…

So it seems that Barack Obama’s master plan to text all of his adoring obamatons with his vice presidential pick before anyone else was a complete and total failure (a lot like the pick itself). Yes, you heard it right, the plan heralded by “unbiased” reporters and preteens alike took a turn for the worst last night.

Yup apparently supporters who signed up for the special texts were not the first to be notified, despite the promise from the Obama campaign, and not by a long shot.

Some of the first reports in the media came around 11pm on the east coast and the conformations came to the media around 1am. So what time did the loyal supporters get their special notifications? 3am on the east coast… 3am, yea… great job picking a time to notify people who, at least for a while, liked you. (Even my little sister doesn’t text me at that time)

In case you didn’t take the time to do the math thats a full 2 hours after everyone else in the world already knew. Well, so much for that idea.

It’s too bad the wait is over though. It was getting awfully fun watching all the “professional” “journalists” fawning over their cell phones and waiting for what one can only imagine is their first text message (and one from their most favoritest bff ever none the less) as though they had discovered a sort of electronic botox or the 21 centuries fountain of youth.

UPDATE: Looks like the gaffe machine is up and running for Obama-Biden ’08…

UPDATE: Obama failure made even bigger in contrast to McCain’s VP roll out

UPDATE: 3am text… is it a possible Kennedy-like response to Hillary 3am ad? You know… ask not who can answer the phone for you at 3am – ask who you can answer the phone for at 3am.

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