10 MIL to drill in BRAZIL ??
I posted this Q the other day It got reported ..so I must be doing something right. Aug 20 Obama to give Petrobas money to Drill offshore in Brazil Filed Under (Barack Obama, Brazil, Leftists, Liberal Fascism, Progressives) by Rodan August 20, 2009 at 5:00 pm Brazilian State run company Petrobas has be given a preliminary commitment letter from The Transnationalist Totalitarian Progressive regime of Barack Hussein Obama, for a $2 Billion loan. They are being giving this to drill offshore Brazil, not here in America. What makes it worse is that Petrobas is owned by the Brazilian Government. The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan. The U.S. Export-Import Bank tells us it has issued a “preliminary commitment†letter to Petrobras in the amount of $2 billion and has discussed with Brazil the possibility of increasing that amount. Ex-Im Bank says it has not decided whether the money will come in the form of a direct loan or loan guarantees. Either way, this corporate foreign aid may strike some readers as odd, given that the U.S. Treasury seems desperate for cash and Petrobras is one of the largest corporations in the Americas. But look on the bright side. If President Obama has embraced offshore drilling in Brazil, why not in the old U.S.A.? The land of the sorta free and the home of the heavily indebted has enormous offshore oil deposits, and last year ahead of the November elections, with gasoline at $4 a gallon, Congress let a ban on offshore drilling expire. Read the rest. Oops thank you for the correction .....good eye
Politics - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
I thought it was 10 billion? Anyway, it was just another kickback to George Soros, for helping get Obama elected. They have no shame.
2 :
Can you guess who is the largest shareholder in that company beside Brazilian Government? George Soros http://www.bloomberg.com/apps/news?pid=20601086&sid=aFHPjfeUvtl8 Payback...........This administration insults our intelligence with in your face corruption. Independent A:~)
