Obama Promises Free Money Looted from Paralyzed Oil Companies

This should clear up any lingering doubts about whether Obama actually shares the Marxist views of the deranged radicals he’s spent his whole life surrounded by:

Democratic presidential candidate Barack Obama on Friday called for a $1,000 “emergency” rebate to consumers to offset soaring energy costs amid fresh signs of a struggling economy with the nation’s unemployment rate climbing to a four-year high.

Obama told a town-hall meeting the rebate would be financed with a windfall profits tax on the oil industry.

Ingenious. He wants to give everyone free money to buy oil that he won’t let energy companies extract. These same companies will be looted to provide the funds, thereby forcing them to raise prices or go bankrupt. The inevitable next step step: nationalization, à la Hugo Chavez.

His plan to solve the energy crisis by inflating tires was more constructive.


On a tip from Jay Guevara. Cross-posted at Moonbattery.

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