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Glenn Beck: Left Strangely Silent on Petrobras
http://www.glennbeck.com ^ | June 21, 2010 - 23:20 ET | by Glenn Beck

Posted on 06/23/2010 10:09:37 AM PDT by Lucky9teen

All I could think about this weekend was one word: Halliburton.

Everyone in the universe knows what Halliburton is. It's Dick Cheney's evil oil company. Yup, George W. Bush and Dick Cheney, they're just puppets of the big oil companies like Halliburton. So, getting in bed with Big Oil is a touchy subject with the left. They won't stand for anyone with any sort of a connection with an oil company. Oil is evil!

Yet no one knows the word "Petrobras." Suddenly the left's concerns with politicians and Big Oil seem to have dissipated.

But you've heard George Soros' name before. He's the billionaire progressive activist who doesn't mind throwing his money around. His seemingly unending quest for big government control is kind of strange, considering he was born in Budapest, Hungary and his dad was a Hungarian Jew who was a prisoner of war in World War I. Soros eventually found his way to New York City in 1956 and, by 1970, had set up his hedge funds that would make his fortune. Yet he spends millions of that fortune on things like a progressive blog site called Media Matters, where bloggers earn six-figure salaries to sit around and distort conservatives' words all day long.

Soros started the Open Society Institute (which seeks "fairness" and "justice") and the Tides Foundation, which among its many classics created the anti-capitalist "Story of Stuff" indoctrination video that was shown in schools across America.

Soros is globalist and is one of those power players trying to establish a new world financial order:

(BEGIN VIDEO CLIP)

GEORGE SOROS, BILLIONAIRE INVESTOR: You really need to bring China into the creation of a new — world order, a financial world order.... So I think you need a new world order that China has to be part of the process of creating it.

(END VIDEO CLIP)

He's also doing his best to implement the Cloward and Piven strategy of collapsing the system, so that a new one can replace it:

(BEGIN VIDEO CLIP)

SOROS: I believe that basically the system is broke and needs to be reconstituted.... The system we have now has actually broken down, only we haven't quite recognized it and so you need to create a new one and this is the time to do it.

(END VIDEO CLIP)

He's pointed out the "bankruptcy" of market fundamentalists:

(BEGIN VIDEO CLIP)

SOROS: I mean, it is effectively a bankruptcy — of the — of this market fundamentalist belief, which really came in with Reagan and Thatcher. Now, Reagan is still in the panoply of — of saints in — in this country. And — and we — we just have to recognize that we — something went very wrong and we need to reformulate our view of what — how financial markets work.

(END VIDEO CLIP)

But perhaps his most effective creation is the Center for American Progress. When the group formed in 2003, he promised $3 million, but that number could be higher as Soros admits to spending $500 million a year on his various foundations.

Back in 2003, Democrats were floundering and on the verge of irrelevance. They needed an "intellectual coup" just like the conservative Heritage Foundation achieved in the '80s. Center for American Progress provided just that; it's a progressive policy think tank that believes in "government that champions the common good over narrow self-interest" and they have heavy influence on this administration.

Bloomberg reported that the Center for American Progress "helped build the platform that triumphed in the 2008 campaign" and Time Magazine noted that "not since the Heritage Foundation helped guide Ronald Reagan's transition in 1981 has a single outside group held so much sway."

At the head of Obama's transition team was John Podesta. He's also the founder of Center for American Progress, a former Clinton administration official and the guy who not only laid out the plan for how the Obama team would be put together, he staffed the senior levels of the White House, Cabinet members and the top layer at government agencies.

With that kind of influence — and we'll show you more evidence of that influence coming up — it's important to look at what Soros is investing in. Could there possibly be any, what do they call them, conflicts of interest?

Through his Soros Fund Management hedge fund, Soros is heavily invested in many different things. But one that caught my attention (and seemingly no one else's) recently is Petrobras. What is that? It's Brazil's state-controlled oil behemoth. It's Brazil's version of Big Oil. They've netted $15 billion in profits during the last year. As of March 31 this year, SEC filings show Soros Fund has $637 million vested in Petrobras. Last December, the fund had $900 million invested in the company, making Petrobras one of its two largest stakes.

What did Soros see in these guys that the rest of the world didn't? Is he just that much smarter than everyone else? Or is it possible because of Center for American Progress and all the other connections Soros has at the White House, he knew that the administration would be making a $2 billion "preliminary commitment" to Petrobras for "exploration," just days after he strengthened his investment? Or was that just another one of those bad luck situations for Obama? Because it certainly doesn't seem to pass the smell test: A billionaire investor dumps money into state-controlled Brazilian oil company and days later administration dumps $2 billion dollars into the same exact company? Now the administration is crippling the American competitors and the biggest winner in this is Petrobras.

Mind you, this is a multi-billion dollar company that rakes in tens of billions in profits each year. Why in the world would these guys need a loan? And why are we investing in another country's offshore drilling while banning ours?


TOPICS: Business/Economy; Conspiracy
KEYWORDS: cfr; newworldorder; nwo; obama; oil; petrobras; soros
Considering the flack Bush got about Haliburton, it is quite telling how there is nary a peep now about this BS. And it's worse now, than then...way worse.

The corruption abounds in this administration. I pray we can stop them soon, before there is nothing left to save.

1 posted on 06/23/2010 10:09:39 AM PDT by Lucky9teen
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To: Lucky9teen

George Soros. You mean self described Nazi collaborator George Soros?


2 posted on 06/23/2010 10:11:43 AM PDT by ChinaGotTheGoodsOnClinton (George Soros. You mean self described Nazi collaborator George Soros?)
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To: Lucky9teen

Great article. If only the lame stream media would throw us a bone and even say “George Soros” I’d be encouraged.


3 posted on 06/23/2010 10:13:22 AM PDT by historyrepeatz
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To: ChinaGotTheGoodsOnClinton
George Soros. You mean self described Nazi collaborator George Soros?

He is demonstrable proof that if you have enough money, you will be forgiven anything, even turning in fellow Jews to the Nazis. Despicable.

4 posted on 06/23/2010 10:16:44 AM PDT by MozarkDawg
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To: Lucky9teen

The Left not only turns a blind eye to Petrobras, they openly support it for two reasons:

1) Their profits will ultimately trickle down to Liberal campaign funding via Soros
2) Brazilian success will knock the U.S.A. down a notch or two on the global economic scale.

They just plain hate America.


5 posted on 06/23/2010 10:21:52 AM PDT by TruthHound ("He who does not punish evil commands it to be done." --Leonardo da Vinci)
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To: Lucky9teen
Glenn Beck bump. He has been really doing great job on the progressive’s agenda. He should be up for a Pulitzer Prize. He is the only one covering Crime Inc.
6 posted on 06/23/2010 10:22:46 AM PDT by Captain Beyond (The Hammer of the gods! (Just a cool line from a Led Zep song))
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To: Lucky9teen

Beck is on a good rant here; but if he doesn’t learn how to pronounce Petrobras, his mispronunciation of it will be the ONLY issue when (or IF) the blowtards on MSNBC ever do bring it up.

Why does he insist on calling it pe-TRO’-bus?

It’s pe-tro-BRAS’


7 posted on 06/23/2010 10:24:38 AM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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To: Lucky9teen
Petrobra and Petropanties

8 posted on 06/23/2010 10:24:50 AM PDT by walford (http://natural-law-natural-religion.blogspot.com/)
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To: Lucky9teen

*


9 posted on 06/23/2010 10:28:28 AM PDT by PMAS
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To: Migraine

He seemed to correct his gross mispronunciation last night.

In these parts we hit the first syllable. PET-robras.


10 posted on 06/23/2010 10:30:03 AM PDT by SoothingDave
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To: Lucky9teen

Nothing strange about it. His boss said so.

http://joytiz.com/2010/soros-bp-and-obama-singing-from-the-same-hymnal/

http://joytiz.com/2010/obamas-boss-sees-silver-lining-in-bp-spill/


11 posted on 06/23/2010 10:55:43 AM PDT by jazminerose
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To: ChinaGotTheGoodsOnClinton

Yeah that’s the guy.

http://joytiz.com/2010/whos-afraid-of-the-big-bad-soros/


12 posted on 06/23/2010 10:56:55 AM PDT by jazminerose
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