Hillary has jumped on the bandwagon of populist economic ignorance with a call for a "windfall" profits tax on ExxonMobil, a company that did 10% net margins (which is entirely normal, but not as high as the 11% margin for Moveon.org money man Peter Lewis's Progressive Corp. or the 15% margin for Clinton donor Roger Altman's Evercore Partners).

Today, Venezuela has a communist dictator. When Hugo Chavez doesn't like the way things are going with his country's oil, telecommunications and power industries -- or if he merely craves their wealth -- he simply seizes them, calling it "nationalization."

Is that the way many in the American press and public would like to see things done here, despite the wreck that such policies made of Eastern Europe?...

speaking last Friday at the Democratic National Committee's winter meeting in Washington, Sen. Clinton said: "I want to take those [oil company] profits and put them into an alternative energy fund that will begin to fund alternative smart energy, alternatives that will actually begin to move us toward the direction of independence."

We need to expand our domestic energy supplies and Hillary wants to repeat the disastrous windfall profits tax of the 1970's, which did nothing but curtail development. She's too smart to think this is sound economic policy (remove the rewards for taking on risk and you remove the engine that drives economic growth), so this is crass pandering.

Then there's this.

a top aide in the presidential campaign of Sen. Hillary Clinton, D-N.Y., predicted Wednesday that the former first lady would raise twice as much money in the first three months of her 2008 campaign as former Sen. John Edwards, D-N.C., did in the first quarter of his 2004 presidential bid.

Senior Clinton adviser Ann Lewis told ABC News, "It's a high goal. It doubles the highest that anybody raised in '04...

Clinton will try to to hit her fundraising mark by using "bundlers," or mega contributors, who go beyond the $2,300 personal donation cap by raking in tens of millions of dollars through associates and friends.

The second-term senator has refused to reveal the names of her big bundlers — who have been tasked to raise upward of $1 million apiece — and in so doing has come under heavy criticism.

Maybe someone ought to lay down a windfall fundraising tax on Hillary.

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