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.
Many actions of Obama’s administration strongly suggest that he is working against the best interest of the American people.
You cannot serious if you think Obama or his representatives signed the deal because it is good for the American people.
“This is a Good Loan for American”
You’re being sarcastic?
Thanks. You just insulted most of us. That is a tactic most often used by the Left. Us effing right wing idiots are just sitting here in the corner drooling and clinging to our guns and Bibles.
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,
Who makes most of the oil field equipment used in the world? Who has the largest oil field service companies in the world? Who has the most trained workers? Who is closest to Brazil? It looks to me like we would have gotten most of that business regardless. However, once we get a human back in office and start drilling in this country most of our trained personnel will be busy in Brazil.
Under the terms of the Ex/Im deal, the future platforms bought by Petrobras could be competitively bid on by US shipyards. Future retrofits/conversions could be competitively bid on by US Shipyards. Shipyards based in La., Ms. and Tx.
Why wasn't that made part of the deal? We also may NOT get a chance to bid and our bids may NOT win.
Like others, I think you are the one who is looney for thinking Obama is doing this to help the USA. You say the drilling moratorium is Salazar's deal just like Clinton said Waco was Reno's deal. How can Obama be bankrupting our country and destroying our economy yet this deal with Brazil is to HELP America but NOT Soros who has large investments in Brazil??? Do you have a bridge to sell along with that argument?
Oh like the folks who worked in the oil industry down in the Gulf didn’t spend money that flowed back into American market. The truck drivers, the steel, the electricans, the welders,the helicopter pilots who fly workers to and from their jobs in the Gulf, the airlines that fly the workers to and from their homes and work, the supplies needed for the oil rigs, the hotel workers for the oil emoployee’s who fly in and have to report to work the next day but need a nite to crash, the food service workers on the oil rig, the food supplies,
20,000 plus have lost their jobs down in the Gulf directly and indirectly related to the moratorium. Quite a few deep drill companies have left for other countries....our workers go to other countries set up the rigs then get fired so they can hire their own people....
Fees to the banks? Yeah, like consumers will ever see that revenue...
But you’re right, let’s keep those brazilians working.....
Talk about f’ing idiots....