[Texas Fossil]

From an old post on FR:

U.S. Government to Loan Brazil’s 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 Brazil’s coast thought to contain 80 billion barrels of high-quality crude, an amount that could lead to a six-fold increase in Brazil’s current proven reserves and transform that nation into one of the world’s 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.....

[thecodont]

” The U.S. government is preparing to provide up to $10 billion in loans to finance the development of massive hydrocarbon reserves off Brazil’s coast thought to contain 80 billion barrels of high-quality crude, an amount that could lead to a six-fold increase in Brazil’s current proven reserves and transform that nation into one of the world’s 10 largest oil producers.”

And yet we have been PREVENTED from developing our own oil reserves and thus our energy independence! Our hands have been tied! This is outrageous!