Why is Obama loaning 2 Billion taxpayer money to Brazil--?
for offshore drilling when we need to do it here in America? Answer: His friend and supporter, George Soros has a hefty investment in the oil company over there and will put billions in his own pocket from all the profits that company will make with our dollars. The oil will then come back here for us to buy. America could be reaping jobs and profits if we could drill in our own waters instead of in Brazil. Besides, it's our money.
Government - 9 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Because when they pull the oil out. guess who is going in to get it... the US; our govrmnt, Exon, Chevron all the big companies that give money to our dirty politicians
2 :
There is no reasonable explanation other than as you stated. It's a pay back to George Soros. Wasn't Soros kicked out of his homeland country of Belgium?
3 :
loser
4 :
where did we get 2 billion to loan brazil. i thought we were broke. please don't tell me we borrowed more money from china. say it isn't so.
5 :
Barbie...I read this story today as well & just started seething. He's accomplishing this unilaterally & UNCONSTITUTIONALLY with an 'executive signing statement', which is a thinly disguised ruse or end-around Congressional legislation which actually states that he can't spend the money unless the nation meets certain criteria & the best part is that the $$$ is part of the legislation. Bush & Clinton did this as well without shame with OUR MONEY. AUDIT THE FED & END THE FED and many problems like this will go away with it...until then you, I, other patriots and the sheeples will allow ourselves to be raped, pillaged & burned as we have for nearly 100 years. Be sure to email the White House about demanding him to stop. Go to Tea Parties, Congressional Offices & for sure the BIG ONE IN SEPTEMBER AT THE WHITE HOUSE. We must be relentless...you can start to see the affects we are having with: 1) Cap & Trade...Dead in the Senate 2) 2nd Stimulus Bill...Dead 3) ObamaCare...Wounded and THERE WILL BE NO PRISONERS TAKEN Keep the faith!
6 :
He like many in that party say it this way. Not in my back yard! But it is ok to put it somewhere else and we will pay for it.
7 :
According to the Latin American Herald Tribune it's $10 Billion and we loaned it to them from the trillion we borrowed from China.
8 :
Another question: Why is about a million dollars from the stimulus bill going to help the field mice in California?
9 :
Well here are the actual facts: -The Import/Export Bank is a self-sustaining bank. NO taxpayer money is used in any of it's loans. -The Import/Export Bank ONLY makes loans that finance the PURCHASE of American Goods. The money can ONLY be used by Petrobas for the purchase of American goods and services. -Since 1993 the Import/Export Bank has netted the US taxpayers $4.9 Billion in fees without costing the taxpayers a penny. This is in addition to all the jobs created. -The Bank’s bipartisan Board unanimously approved the preliminary commitment to Petrobras on April 14, 2009, before any Obama appointees joined the Bank. In fact, the Bank’s Board consisted of three Republicans and two Democrats - all of whom were appointed by George W. Bush. Interestingly enough, the National Review posted an article online completely debunking what you are saying (which all of course started with Sarah Palin). The National Review is a NOTED CONSERVATIVE publication. So what I see is once again Obama's opponents taking a grain of something out of something Obama does and saying "How can we twist this into something that will make him look bad." Sarah Palin did get one thing right : "Why don't you just stop making things up?"