Obama Underwrites Oil Deal in Brazil
January 24, 2010
Folks, here is another example of the current administrations self serving under handed tactics and unscrupulous behavior. This is a perfect example why I refrain from watching the news on ABC, NBC, CBS, or MSNBC.
On a recent segment of the “Glen Beck Show” on FOX (Fox Cable News) was the following:
“Today, even though President Obama is against off shore drilling for our country, he signed an executive order to loan 2 Billion of our taxpayers dollars to a Brazilian Oil Exploration Company (which is the 8th largest company in the entire world) to drill for oil off the coast of Brazil! The oil that comes from this operation is for the sole purpose and use of China and NOT THE USA! Now here’s the real clincher…the Chinese government is under contract to purchase all the oil that this oil field will produce, which is hundreds of millions of barrels of oil”.
The amazing thing is we have absolutely no gain from this transaction whatsoever! No jobs for America, no guarantees of repayment or that we will ever see any return whatsoever.
President Obama’s Financial Supporter is Involved
Wait, it gets more interesting. Guess who, is the largest individual stockholder of this Brazilian Oil Company and who would benefit most from this? It is American BILLIONAIRE, George Soros, who was one of President Obama’s most generous financial supporters during his campaign.
If you are able to connect the dots and follow the money, you are probably as upset as I am. Not a word of this transaction was broadcast on any of the other news networks.
Forward this factual post to others who care about this country and where it is going. Also, let all of your Government representatives know how you feel about this.
If you need additional confirmation here is the Wall street Journal article to confirm this.
This administration continues to make these type of underhanded, and very costly decisions that are not good for Tulsa’s economy nor our Nation’s in anyway. These kinds of unscrupulous, underhanded decisions are so very, very important to our nation and the Oil & Gas industry as a whole. Tulsa’s economy as we all know has thrived for decades because the amount of jobs the Oil and Gas industry provides to the state of Oklahoma. The American people are sick of it, and this is just another good example of why what happened in Massachusetts this past week with our newly elected Republican Senator Scott Brown.
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[...] and devious deals. For the whole story to include the FOX video and Wall Street Journal article on Obama giving 2 Billion to Brazil please go here < Whats reall sad is we need the boost in our ecomomy and jobs and this is taking food out of [...]