It looks like he's going to buy votes. He's unveiled his "Emergency Economic Plan" just in time for the election.
The plan would would give families a stimulus check of $1,000 each, funded in part by what his presidential campaign calls “windfall profits from Big Oil"
“Obama simply asks that big oil companies contribute a reasonable share of the windfall profits they receive from high oil prices over the next five years to pay for emergency assistance for families right now,” the campaign says."
Obama asks that Big Oil pay a reasonable share? Right.... and people keep telling me this guy's not a socialist. He won't be "asking" them for anything, he'll be taking those "windfall profits" via taxation and an implicit threat of force. The government never simply "asks" for money. Oh yeah, and guess who'll be determining what constitutes a "reasonable" share? This won't be good for anyone who owns oil stocks, myself included.