Thread: WHY IS OBAMA GIVING $2 BILLION TO A BRILLIAN OIL COMPANY!??

Let me guess! Some fool made up a bunch of shit to keep the Kool Aid flowing.

Originally Posted by SuperDelegate#12

I WANT TO KNOW WHY OBAMALINI IS GIVING $2 BILLION TO A BRAZILLIAN OIL COMPANY PETROBRAS! THE STATE OWNED OIL COMPANY PETROBRAS IS GETTING $2 BILLION OF YOUR TAX MONEY TO DRILL FOR OIL OF THE COAST OF BRAZIL.

I SEEM TO RECALL OBAMA SAYING THAT DRILLING FOR OIL WAS A "GIMIC" WELL WHY IS HE SUPPORTING DRILLING IN BRAZIL??

US to give Brazil $2 billion to fund offshore drilling

Michelle Malkin Obama, Soros, Petrobras, Brazil & offshore drilling double standards

The best question is why does Brazil, the world's leader in tropical deforestation and growing sugar cane for ethanol, need oil?

Originally Posted by SuperDelegate#12

I WANT TO KNOW WHY OBAMALINI IS GIVING $2 BILLION TO A BRAZILLIAN OIL COMPANY PETROBRAS! THE STATE OWNED OIL COMPANY PETROBRAS IS GETTING $2 BILLION OF YOUR TAX MONEY TO DRILL FOR OIL OF THE COAST OF BRAZIL.

I SEEM TO RECALL OBAMA SAYING THAT DRILLING FOR OIL WAS A "GIMIC" WELL WHY IS HE SUPPORTING DRILLING IN BRAZIL??

US to give Brazil $2 billion to fund offshore drilling

Michelle Malkin Obama, Soros, Petrobras, Brazil & offshore drilling double standards

Whatever is bad for America and good for Obama's bank-account (or that of Mushell's), serves as the basis of many of Obama's decisions.

Originally Posted by SuperDelegate#12

I WANT TO KNOW WHY OBAMALINI IS GIVING $2 BILLION TO A BRAZILLIAN OIL COMPANY PETROBRAS! THE STATE OWNED OIL COMPANY PETROBRAS IS GETTING $2 BILLION OF YOUR TAX MONEY TO DRILL FOR OIL OF THE COAST OF BRAZIL. I SEEM TO RECALL OBAMA SAYING THAT DRILLING FOR OIL WAS A "GIMIC" WELL WHY IS HE SUPPORTING DRILLING IN BRAZIL?? US to give Brazil $2 billion to fund offshore drilling Michelle Malkin Obama, Soros, Petrobras, Brazil & offshore drilling double standards

whats up with the caps?

Originally Posted by wyatt earp

whats up with the caps?

Yelling. When you see all caps it means the person is yelling.

This will put US companies to work and be good for the American consumer as well.

Its a smart move. If Israel attacks Iran, we will lose the Middle East and Africa is already Chinese... The Russians control the Caspian..

Originally Posted by kgpoolerev

The best question is why does Brazil, the world's leader in tropical deforestation and growing sugar cane for ethanol, need oil?

Because, it is there! Oil is just a resource to sell on the market. Brazil doesn't need the oil, it wants to sell it to make money and use the money to develop Brazil. Did camels run on oil?

Oil and gas markets are growing all the time with so many countries improving their standard of living.

Consider that gas used to be flared off, now its possible to pipe it to India, Pakistan and Asia.

Originally Posted by SuperDelegate#12

I WANT TO KNOW WHY OBAMALINI IS GIVING $2 BILLION TO A BRAZILLIAN OIL COMPANY PETROBRAS! THE STATE OWNED OIL COMPANY PETROBRAS IS GETTING $2 BILLION OF YOUR TAX MONEY TO DRILL FOR OIL OF THE COAST OF BRAZIL.

Now for the rest of the story.


Facts About the Proposed Ex-Im Bank Loans for Petrobras' Brazilian Offshore Oil Exploration and Development
Background on Ex-Im Bank:
The Export-Import Bank of the United States’ (Ex-Im Bank) mission is to help create and sustain jobs for American workers. The Bank does this at no cost to the American taxpayer; in the past sixteen years the Bank has netted the American people $4.9 billion and the jobs those exports have supported.
More than 80% of Bank authorizations during the last fiscal year directly benefited small businesses.
Charges and facts:
Charge: The U.S. government is giving away more than $2 billion in taxpayer dollars to Brazil’s largest oil and gas company to drill for oil in Brazil.

Fact: The Bank has approved a preliminary commitment to lend up to $2 billion to Petrobras for the purchase of American-made goods and services. The funds will go to American exporters as payment for their sales to the company. Of note, the Bank is self-sustaining and no taxpayer dollars are involved.
Charge: The loans to Petrobras represent a giveaway of U.S. tax dollars.

Fact: The Bank’s activities do not cost the American taxpayer a dime. In fact, since 1992 the American people netted more than $4.9 billion and the jobs those exports created.
Charge: America is exporting jobs to Brazil as a result of the loans.

Fact: Only American made goods and services qualify for Ex-Im Bank loans or guarantees. This is the government doing what it's supposed to do - helping to create U.S. jobs, making sure that Americans get a fair shot at selling goods and services, and helping American workers compete on a level playing field against foreign competition.

Charge: The loan to Petrobras represents a reversal of the Obama Administration’s policies on off-shore drilling.

Fact: The Bank’s bipartisan Board unanimously approved the preliminary commitment to Petrobras on April 14, 2009, before any Obama appointees joined the Bank. In fact, at the time the Bank’s Board consisted of three Republicans and two Democrats, all of whom were appointed by George W. Bush.

LOLOL.. Don't you know that the Chicken Littles NEVER READ.