Will someone PLEASE explain to me why the U.S. is paying Brazil for offshore drilling?
We are using taxpayer money to pay the government of Brazil who already has contracted with China for billions of barrels of oil. Now we are sending our much needed jobs to employ Brazilians, paying them multiple billions so they can then turn around and sell that oil back to us. Again, Obama is encouraging the world to hold us hostage. Does he think he can enrich every other country by totally ignoring the Country, U.S., and it's citizens. All Obama and the liberals seem intent on establishing a one world government while making a third world country of the U.S.
Politics - 15 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Soros invested 11 billion....FOLLOW The money.
2 :
I don't know and it really makes me furious. Especially right now with our economy the way it is. It is very hypocritical as well. If Obama supports drilling, then we should be doing it here in the USA.
3 :
Why don't you cite a source to back up your assertion. I know the major oil companies are paying for Brazilian offshore leases, but heard NOTHING about the US govt. paying.
4 :
Sure; Soros is going to make millions from the deal. Ah, friendship is a wonderful thing...
5 :
Because dems want to save the environment remember? That is why they support off-shore drilling in other countries.
6 :
Even if we did start more of our own offshore drilling, it wouldn't help gas prices.
7 :
Last time I checked, Brazil and the US share the same planet, so if this is really about the environment, wouldn't drilling ANYWHERE affect us eventually? If oil is a necessary evil, why the hell are we so consumed with drilling everywhere BUT the US and building up every other nation but our own? Anyone with a shred of common sense knows this is about making money and building wealth for the government in order to expand it.
8 :
Petrobras, which will do the exploration and presumably get the bulk of the money is one of the primary holdings of George Soros. All clear now?
9 :
Very simple. Political pay back. Nothing more, nothing less. George Soros is the one who benefits the most.
10 :
Because George Soros,who was instrumental in helping Comrade 0bama's ascension to power,has very large investments in the Brazilian Oil Company and will make Billions more off of this deal. In short,more payoffs to Political Allies,just like the Tax Payer funded rescue of the failed,bankrupt company known as GM was a payoff to the Unions for their help.Corruption at its finest!! RWE
11 :
the world used to fear us, now they laugh at us!
12 :
George Soros, who has backed Obama in a big way, has a vested interest in the oil company in Brazil. I believe the news said he is THE biggest investor, anyway, he stands to put billions in his pocket from the profits of that company.------aren't he and Obama great Americans?????? Sure they are------------(sarcastic)
13 :
to all the kool aid drinking and blindly following whatever obama says without ever questioning him read the actual news and it aint just fox news! He has agreed to loan brazil 2 billion dollars for off shore drilling and yet he wants it illegal in America?
14 :
It's not taxpayer money. It's not going to Brazilian workers. The US Import Export Bank is self-funded and profitable. The Bank lends money to foreign companies to buy US goods and services ONLY. The money doesn't actually go directly to the foreign company, it goes to the US companies in the form of loan guarantees so the US companies can compete for contracts. The bank's board of directors (3 Republicans and 2 Democrats) were all appointed by Bush. http://www.exim.gov/brazil/pressrelease_082009.cfm http://www.foxnews.com/politics/2009/08/20/loan-brazilian-oil-company-riles-conservatives-favor-offshore-drilling/
15 :
Great question I'm at a loss for an answer, because the SF Bay area is sitting on 1Billion barrels & have known about it for almost 50 yrs.His actions are Treasonous
