Posted on 05/19/2011 11:41:45 AM PDT by NoLibZone
GLENN BECK, HOST: Do you remember way, way back when we showed you how George Soros was pumping money in Petrobras? That's the Brazilian oil company. But, then, he announced, "I sold my spooky dude shares of Petrobras" and he was out.
So, it's totally cool. Everybody can relax. There's nothing to see here, people.
When President Obama indicated that he was helping Petrobras secure loans. Then he approved a permit for the -- for the Brazilian oil company so they could -- they could source some of the oil in the Gulf of Mexico, which we can't do, while at the same time, stopping American companies from doing that very thing with a moratorium that has destroyed at least 19,000 jobs. Remember all that?
Then, do you remember when President Obama went to Brazil while we started bombing Libya? He was like I got to go -- I got to go kick a soccer ball in Brazil. Remember that?
(Excerpt) Read more at foxnews.com ...
about 30 seconds of research in Bloomsberg & WSJ will show in July ‘09 obozo turned down a request to loan American energy companies $2billion.....soros then invested $800+ in petrobus and the $2billion loan then went to the company in August, ‘09...
That Beck is such a hate monger...why shouldn’t Brazil drill in our water,BP did, and with such huge success.
/s (but did I really need that?)
Here’s a more full story:
http://stumpedagain.wordpress.com/obamas-deep-drilling/
Soros invested $811 in Petrobras, the largest single investment he had...has since been converted to prefferred stock, which he apparently did on inside information.
‘scxuse me, $811 BILLION.
I need to calm down...it was $811 million.
I’ll go sit in the corner now
bump
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.