Obama underwrites off shore oil drilling in BRAZIL .
Posted by The Wild Zimarik in Bad Laws, Economy, Education, General, Going Green, Government, Politics, Speaking Out, U.S. Oil, We The People, voting 2010
Even though the President is against off shore drilling for our
country, he signed an executive order to loan 2 Billion of our taxpayers
dollars to a Brazilian Oil Exploration Company (which is the 8th largest
company in the entire world) to drill for oil off the coast of Brazil ! The
oil that comes from this operation is for the sole purpose and use of China
and NOT THE USA ! Now here’s the real clincher…the Chinese government is
under contract to purchase all the oil that this oil field will produce,
which is hundreds of millions of barrels of oil.
We have absolutely no gain from this transaction whatsoever!
Guess who is the largest individual stockholder of this Brazilian Oil
Company and who would benefit most from this? It is American BILLIONAIRE,
George Soros, who was one of the most generous financial supporters during his campaign.
Below is the Wall street Journal article to confirm this.
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html
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