Answer: Soros
Many years ago I decided our energy policy was to pump every other nation around the globe dry of oil before we seriously tap ours. Pump theirs low price and save ours for future critical need as a last resort.
Sorry, but sitting on my butt whining takes too much time to do anything about it.
Everything Obama has done has been outside his obligation to the US as its pResident. Impeachment cannot begin to cover it. Jail and a firing squad loom as a possible outcome.
The “Right Wing” hyperventilating morons who are saying “soros controls this” or whatever sound like the total f*****g idiots they are.
This is a Good Loan for American based petro support industries in the United States. Almost every dollar loaned will be spent by Petrobras for services/goods by American companies, on top of that Petrobras will pay banking fees to a US bank, and the interest payments go back to the US I/E Bank, i.e. the US taxpayer. The only part of the loan not being repatriated to the US will be related salaries and some bureacratic/administrative costs for workers in Brasil and the Brasilian gov.
This strengthens the US petroleum industry base, allowing long term growth in broader markets and two of the largest uptapped oil fields in the world.
Vitter needs to get bitch slapped by the offshore support industry leaders based in La. who desperately need to beat European Middle Eastern and Asian competitors in to the Brasilian off shore oil fields, and in the larger Brasilian petroleum extraction marketplace.
zero and admin is so well ensconced into our politics, I'm afraid even armed revolution will not clean us out.
The opportunity was lost Nov., 2008
Geesh...it would be damned easy to interview people about the price of gas and have them look in the camera and say "President Obama...LIFT THE BAN"!!!!
All Soros did was move the shares to another of companies.
"Soros has also put money in Brazil using his Buenos Aires- based Adecoagro venture, which invests in agriculture and renewable energy in Latin America.
The firm said in February it may hold an initial public offering to fund projects including a Brazilian sugar mill."
http://www.businessweek.com/news/2010-08-17/soros-sells-petrobras-dumps-biggest-company-holding.html
More of the method to Obama’s madness is being exposed.
We can’t get rid of this idiot fast enough!!
I sell to the oil industry, on Petrobras’ projects they will only buy Brazilian product unless there is not a comparable item made in Brazil. So tell me how our money which when to Petrobras has increased exports!
This has been going on a while:
Did Obama bribe Brazil with $2 billion to help put Hondurass Zelaya back into power?
http://www.freerepublic.com/focus/bloggers/2352071/posts
Source: http://islandturtle.blogspot.com/2009/09/did-obama-bribe-brazil-with-2-billion.html
September 30, 2009
Something smells fishy. First the Obama administration announces $2 billion of financial support for Brazils offshore drilling efforts. And a month later Brazil spirits legally deposed Honduran President Manuel Zelaya back into the country, granting him sanctuary in its embassy. Are these two stories related?
We saw how that one finally played out, our did we? Obozo and the State Department is still trying to get Mel (Zelaya) the Commie back in power.
Professional Courtesy, one Commie Tyrant to another.
From an old post on FR:
U.S. Government to Loan Brazils Petrobras $10 Billion (12/25/09)
http://www.freerepublic.com/focus/f-news/2416153/posts
The U.S. government is preparing to provide up to $10 billion in loans to finance the development of massive hydrocarbon reserves off Brazils coast thought to contain 80 billion barrels of high-quality crude, an amount that could lead to a six-fold increase in Brazils current proven reserves and transform that nation into one of the worlds 10 largest oil producers.
Obozo has destroyed our off-shore drilling and arranged a 10 BILLION DOLLAR loan for an off-shore project in Brazil through the Export/Import Bank.
He destroys our oil business and loans 10 BILLION to another Commie.....
Are you surprised Obozo is well received in Brazil? He is assisting another Commie.....Lula da Silva
Forum of São Paulo (FSP) (started in São Paulo Brazil)
http://www.traditioninaction.org/HotTopics/i74htForumSP-Torres.html
The Forum of Sao Paulo is an organization founded in 1990 by Fidel Castro and Lula da Silva, then president of Brazilian Workers Party (PT), in the city of Sao Paulo, Brazil, thence its name. The confessed goal of the organ is to save what had been lost of Communism in Eastern Europe and the old USSR. The FSP has brought together most of the leading communist and socialist organizations of Latin America, including notorious terrorist groups. At its meetings, it has hosted as guests many observers from European and Asian Communist parties.
After his rise to the presidency of Brazil (he is now in his second turn), Lula da Silva gave this organization every possible support. Today, along with Cuba and Brazil, the FSP includes the governments of Argentina, Bolivia, Chile, Ecuador, Nicaragua, Paraguay, Uruguay and Venezuela. Consequently many international accords have been signed among these countries in order to guarantee future success for Communism and Socialism in Latin America. - ASG
Clear Enough?.....
Reduced drilling in the US is how the socialists redistribute the wealth of American citizens to other countries around the world. This technique has been employed by socialists in America for years, and the supporters are members of both parties.
From an old post here on FR:
Yesterday (8-23-09) I received a tip from an a friend on Twitter who is in Brazil. We have had exchanges for some time, but he directed me to a site that gave the background on Lula and the Sao Paulo Forum. And its efforts to destabilize much of Latin America.
This has a direct effect on events in Honduras and the neighborhood.
I had no idea Lula was a hard Commie, but appears he is.
Links follow:
Olavo de Carvalho explains Lula and the Sao Paulo Forum
Original article here> http://alekboyd.blogspot.com/
It explains connections with Chavez(Venezuela), Castro(Cuba), Lula(Brazil), Ortega(Nicaragua) and Zelaya(Honduras). This is an organized new force of Communists in South & Central America. (The current U.S. administration is supporting Zelaya who is involved and Lula who was a founder of the Forum)
I posted on August 24th 2009>
I have made some recent observation that are troubling me about the New School involvement.
What do you think of these connections?
Connect the dots for a pattern:
Leftie think tank (New School) & Loan for offshore drilling from Export Import Bank (New School President).
Is there a connection between the lefties at the New School and Obozos membership in the New Party?
Here are some dots>
FRED P. HOCHBERG SWORN-IN BY VICE PRESIDENT BIDEN AS THE NEW PRESIDENT OF
EXPORT-IMPORT BANK OF THE UNITED STATES
http://www.exim.gov/pressrelease.cfm/83F0B254-D8B4-8E17-6C4E93781B6988FA/
Hochberg has more than 30 years of experience in business, government and philanthropy. From 2004 to 2008 he was dean of Milano The New School for Management and Urban Policy. From 1998 through 2001 he served as deputy, then acting administrator of the Small Business Administration (SBA), where he helped to lead an enhancement of customer service and substantially increased lending to minority and women small-business owners.
Hochberg is dedicated to community service and philanthropic involvement in civil rights, education and the arts. He recently sat on the boards of the Citizens Budget Commission, FINCA International Micro Finance, and the Howard Gilman Foundation, and has served as an appointed representative to the New York State Financial Control Board. Hochberg also served on the Board of Commissioners of the Port Authority of New York and New Jersey, having been appointed to the position in 2008 by Governor David A. Paterson.
Ex-Im Bank is the official export-credit agency of the United States.
PALIN SLAMS OBAMA OVER FUNDING BRAZILIAN OFFSHORE OIL DEVELOPMENT
http://www.freerepublic.com/focus/f-bloggers/2319646/posts