Yeah right. Obama’s ridiculous call for the oil companies to fund a second rebate is beyond laughable. If this isn’t textbook old school political gamesmanship, I don’t know what is.

Obama calls for windfall profits tax, ’emergency’ energy rebate

(CNN) — Barack Obama said Friday that a windfall profits tax should be imposed on the oil industry to subsidize a $1,000 “emergency” rebate for consumers struggling with surging gas prices.

The rebates had already been announced as part of his tax relief proposal, but the presumptive Democratic presidential nominee said the release of a disappointing jobs report Friday called for the immediate adoption of the plan, which he said would provide a rebate that would “be enough to offset the increased cost of gas for a working family over the next four months.”

Obama and John McCain reacted to the latest unemployment numbers released Friday, which show the nation lost 51,000 jobs in June, by attacking each other’s proposed economic fixes.

Forget for a moment the plethora of common sense arguments against the Windfall Profit Tax, (see Carter, Jimmy), why not a WPT against Microsoft, Apple, or Google? Better yet, have you seen the money McDonald’s pulls in every quarter in net profits?

(Laugh now, but President Obama has no reason not to apply this liberal logic to any profitable industry.)