So we ban our own rigs from drilling, and then loan money to the Mexican invaders so they can drill?
PING!
Posted on 09/08/2010 8:54:40 PM PDT by tutstar
The U.S. Export-Import Bank, an independent federal agency, loaned more than $1 billion to the Mexican state oil company PEMEX in 2009 to support the company’s oil drilling in the southern Gulf of Mexico. The bank has another $1 billion in loans in the pipeline for 2010, unless Congress objects.
On May 27, after the British Petroleum oil spill, President Obama imposed a moratorium on U.S. deepwater drilling in the Gulf, effecting 33 deepwater drilling rigs in the region.
PEMEX was the Export-Import Bank’s largest borrower in 2009 and has borrowed $8.3 billion from the U.S. federal government since 1998. Under the 2009 loan agreements, PEMEX agreed to contract with American firms and purchase equipment from American manufacturers in exchange for the money.
(Excerpt) Read more at cnsnews.com ...
had to shorten the title, it was too long
gnip
Well I guess this is better than Barry going down and personally sucking the oil out for them with a straw while they talk about him likes he’s a dog.
Could be that that little problem with the BP well, and the following orders to stop all drilling by the US, were part of the deal? Just sayin’
Obastard is the ultimate hypocrite. He will gladly do all he can to destroy the US oil industry and promote it elsewhere.
It should be clear to everyone by now that the US government simply acts as a bank and plays fast-and-loose with taxpayer money and their ability to fabricate “wealth” out of thin air. This is just like the thirties with general electric, ford, dupont, standard oil and others totally in bed with the nazis. No different.
Anyone want to guess how much in campaign donations PEMEX made to the Obama campaign.
I know, foreign campaign donations are illegal but we already know that little technicality was ignored.
Fancy Nancy must be in on it so she can keep flying her family back and forth across the US. No surprise there since even her husband refuses to unionize his winery in Napa. It is always “Do as I say,NOT as I do” with the liberals. Always...they are sooo much better...sooo much smarter....so much....
Money is like the terminator. It can’t be bargained with, feels no pity, remorse, or fear, and absolutely will not stop, until you’ve paid your bill.
rofl
u r sharp as a tack!
amen
We’re subsidizing the resource that provides the revenue that funds the corruption within a government that encourages its citizens to seek a better life in El Norte so that the domestic pressure is relieved so said government officials can keep padding their bank accounts.
rofl
Funny. Most people tell me I R sharp as a marble.
If I may borrow some words of Lt. Dan.......”Well then, that’s just perfect!”
So we ban our own rigs from drilling, and then loan money to the Mexican invaders so they can drill?
PING!
And we just scroll through the threads and post.......... in all caps with exclamation points, while our nation is butchered.
Then we now know it wasn’t about the pollution. It was about destroying our oil industry and punish TX.
Pray for America
Yeah....and big loans to Brazil for offshore drilling...
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