Obama OK's $2 Billion Transfer of Taxpayer Money to Brazil for Oil Drilling

Why would Barack Obama, President of the United States authorize the transfer of $2 Billion of American Tax Dollars to Brazil for Oil Exploration and drilling while the US oil industry has been functionally "shut down" by the Obama Administration...?

"Gulf Oil CEO Joe Petrowski says President Barack Obama’s weekend comments in Brazil that the United States looks forward to purchasing oil drilled for offshore by that nation “is rather puzzling,” and “hypocritical” as his administration has imposed a virtual moratorium on domestic drilling. The signal to purchase more foreign oil comes after the U.S. Export-Import Bank invested more than $2 billion with Brazil's state-owned oil company, Petrobras, to finance exploration."
http://www.newsmax.com/InsideCover/GulfOil-Jo...

"Obama raised the ire of the U.S. energy industry, unions and jobless Americans everywhere when the President, who has shut down drilling in the Gulf of Mexico, seemed to embrace deep water drilling. Not here, but in Brazil! When Obama promised to create Jobs, I thought he was talking about in America, not Brazil. To help Brazil develop their deepwater quest he is using our hard earned tax payer dollars. The Wall Street Journal reported that,'The U.S. government's export credit agency has authorized $3 billion in financing for Brazil, including $2 billion for the Brazilian government-run oil company, Petroleo Brasileiro SA, or Petrobras.' Somewhere investor George Soros must be smiling."
http://www.futuresmag.com/News/2011/3/Pages/O...

"This is not the first we have heard of Obama’s support of Brazilian oil. In June, The New American covered a story on President Obama’s relationship with Petrobras, a Brazilian oil company to which Obama transferred $2 billion in American tax dollars. It was no coincidence that Obama’s associate George Soros had also invested $637 million in Petrobras, according to SEC filings at the time, particularly since the oil company already boasted $15 billion a year in profits and did not require the assistance of the Obama administration."
http://thenewamerican.com/tech-mainmenu-30/en...

Just Google- "Obama Brazil oil drilling" and 2.75 million references show up...

2.75 million references to Obama authorizing the transfer of $2 Billion of American Tax money to Brazil...!

Chalk another one up for the Soros/Obama Gang of Compassionate Liberal/Democrat $MULTI-MILLIONAIRES$ who just got a little bit $RICHER$ at the expense of the American Middle-Class worker...!

TWP wrote:

Why would Barack Obama, President of the United States authorize the transfer of $2 Billion of American Tax Dollars to Brazil for Oil Exploration and drilling while the US oil industry has been functionally "shut down" by the Obama Administration...?
"Gulf Oil CEO Joe Petrowski says President Barack Obama’s weekend comments in Brazil that the United States looks forward to purchasing oil drilled for offshore by that nation “is rather puzzling,” and “hypocritical” as his administration has imposed a virtual moratorium on domestic drilling. The signal to purchase more foreign oil comes after the U.S. Export-Import Bank invested more than $2 billion with Brazil's state-owned oil company, Petrobras, to finance exploration."
http://www.newsmax.com/InsideCover/GulfOil-Jo...
"Obama raised the ire of the U.S. energy industry, unions and jobless Americans everywhere when the President, who has shut down drilling in the Gulf of Mexico, seemed to embrace deep water drilling. Not here, but in Brazil! When Obama promised to create Jobs, I thought he was talking about in America, not Brazil. To help Brazil develop their deepwater quest he is using our hard earned tax payer dollars. The Wall Street Journal reported that,'The U.S. government's export credit agency has authorized $3 billion in financing for Brazil, including $2 billion for the Brazilian government-run oil company, Petroleo Brasileiro SA, or Petrobras.' Somewhere investor George Soros must be smiling."
http://www.futuresmag.com/News/2011/3/Pages/O...
"This is not the first we have heard of Obama’s support of Brazilian oil. In June, The New American covered a story on President Obama’s relationship with Petrobras, a Brazilian oil company to which Obama transferred $2 billion in American tax dollars. It was no coincidence that Obama’s associate George Soros had also invested $637 million in Petrobras, according to SEC filings at the time, particularly since the oil company already boasted $15 billion a year in profits and did not require the assistance of the Obama administration."
http://thenewamerican.com/tech-mainmenu-30/en...
Just Google- "Obama Brazil oil drilling" and 2.75 million references show up...
2.75 million references to Obama authorizing the transfer of $2 Billion of American Tax money to Brazil...!
Chalk another one up for the Soros/Obama Gang of Compassionate Liberal/Democrat $MULTI-MILLIONAIRES$ who just got a little bit $RICHER$ at the expense of the American Middle-Class worker...!

Go to Fact Check.org and type in Brazil on the main page for the real facts! Do not listen to this idiot swine on any issue.He is a traitor to his country and to humanity.He should be dealt with!

You can tell these people are getting really desperate when the have to bring back a 2009 email hoax and bunch of spin doctoring done by Glenn Beck. The Obama administration never gave a loan to Petrobras or signed any kind of executive order regarding these transactions. This started on April 14, 2009, when the national Import-Export Bank, whose board members are appointed by the president and confirmed by the Senate, approved a commitment of $2 billion in loans for the oil company. Interesting to note the Chairman at that time was James H. Lambright; appointed by President George Bush. So wrap that one around your head.

Bob wrote:

You can tell these people are getting really desperate when the have to bring back a 2009 email hoax and bunch of spin doctoring done by Glenn Beck. The Obama administration never gave a loan to Petrobras or signed any kind of executive order regarding these transactions. This started on April 14, 2009, when the national Import-Export Bank, whose board members are appointed by the president and confirmed by the Senate, approved a commitment of $2 billion in loans for the oil company. Interesting to note the Chairman at that time was James H. Lambright; appointed by President George Bush. So wrap that one around your head.

And they are buying US products with the "loan"!

So here are some facts straight from the loan source:
http://www.exim.gov/brazil/petrobasfacts.cfm

By the way, they are self sustaining, NO TAX PAYER DOLLARS SPENT. And they actually generated over $3.4 billion dollars for US taxpayers in the last 5 years.

TWP go post your crap on the blaze.com where it belongs.

Bob wrote:

So here are some facts straight from the loan source:
http://www.exim.gov/brazil/petrobasfacts.cfm
By the way, they are self sustaining, NO TAX PAYER DOLLARS SPENT. And they actually generated over $3.4 billion dollars for US taxpayers in the last 5 years.
TWP go post your crap on the blaze.com where it belongs.

Just because Brazil never cashed the check does not change the FACT that oslama encouraged the import export bank to make the loan to Brazil just like oslama encouraged the loan to Solyndra..........LOL

TWP wrote:

Why would Barack Obama, President of the United States authorize the transfer of $2 Billion of American Tax Dollars to Brazil for Oil Exploration and drilling while the US oil industry has been functionally "shut down" by the Obama Administration...?
"Gulf Oil CEO Joe Petrowski says President Barack Obama’s weekend comments in Brazil that the United States looks forward to purchasing oil drilled for offshore by that nation “is rather puzzling,” and “hypocritical” as his administration has imposed a virtual moratorium on domestic drilling. The signal to purchase more foreign oil comes after the U.S. Export-Import Bank invested more than $2 billion with Brazil's state-owned oil company, Petrobras, to finance exploration."
http://www.newsmax.com/InsideCover/GulfOil-Jo...
"Obama raised the ire of the U.S. energy industry, unions and jobless Americans everywhere when the President, who has shut down drilling in the Gulf of Mexico, seemed to embrace deep water drilling. Not here, but in Brazil! When Obama promised to create Jobs, I thought he was talking about in America, not Brazil. To help Brazil develop their deepwater quest he is using our hard earned tax payer dollars. The Wall Street Journal reported that,'The U.S. government's export credit agency has authorized $3 billion in financing for Brazil, including $2 billion for the Brazilian government-run oil company, Petroleo Brasileiro SA, or Petrobras.' Somewhere investor George Soros must be smiling."
http://www.futuresmag.com/News/2011/3/Pages/O...
"This is not the first we have heard of Obama’s support of Brazilian oil. In June, The New American covered a story on President Obama’s relationship with Petrobras, a Brazilian oil company to which Obama transferred $2 billion in American tax dollars. It was no coincidence that Obama’s associate George Soros had also invested $637 million in Petrobras, according to SEC filings at the time, particularly since the oil company already boasted $15 billion a year in profits and did not require the assistance of the Obama administration."
http://thenewamerican.com/tech-mainmenu-30/en...
Just Google- "Obama Brazil oil drilling" and 2.75 million references show up...
2.75 million references to Obama authorizing the transfer of $2 Billion of American Tax money to Brazil...!
Chalk another one up for the Soros/Obama Gang of Compassionate Liberal/Democrat $MULTI-MILLIONAIRES$ who just got a little bit $RICHER$ at the expense of the American Middle-Class worker...!

Well how stupid are you to fall for a spam e-mail that was disproven a couple of years ago.

Here Is One wrote:

<quoted text>
Just because Brazil never cashed the check does not change the FACT that oslama encouraged the import export bank to make the loan to Brazil just like oslama encouraged the loan to Solyndra..........LOL

are you 12yrs old?

Cisco wrote:

<quoted text>are you 12yrs old?

I see the rod is firmly stuffed into your arse again rod..........LOL

Did oslama encourage the loan like he did for solyndra??
YES

Do we have videos of him recommending both of these investments??
YES

Did oslama recommend we hand out both loans??
YES

Can liberals except the facts???
NOPE......

Here Is One wrote:

<quoted text>
I see the rod is firmly stuffed into your arse again rod..........LOL
Did oslama encourage the loan like he did for solyndra??
YES
Do we have videos of him recommending both of these investments??
YES
Did oslama recommend we hand out both loans??
YES
Can liberals except the facts???
NOPE......

Do the Chinese support their companies?Loser!

Here Is One wrote:

<quoted text>
Just because Brazil never cashed the check does not change the FACT that oslama encouraged the import export bank to make the loan to Brazil just like oslama encouraged the loan to Solyndra..........LOL

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So now you are changing your lies from "OBAMA gave Brazil $2 Billion dollars to drill for oil" to "OBAMA encouraged the import export bank to lend Brazil a check they never cashed"?

Why don't you just acknowledged you got caught in another conservative lie and move on to your next conservative lie...? LMAO

Punchinello wrote:

<quoted text>Do the Chinese support their companies?Loser!

A CEO like the one from Solyndra would have committed suicide to avoid the problems he would be facing..........LOL

And your point is???

How about a little fun??

Here Is One wrote:
The reason you see so many Mexican gang members is that when they are caught in Mexico they are basically given a choice between jail or going to the USA......

And the USA opens its arms for the criminal invaders and gives them free food, medical care, housing and schooling......

Would you pick jail over that????
NOPE and neither do they........

Post # 107 here
www.topix.com/forum/city/chico-ca/T8U6SFH3DK7...
Rod in the arse said this..........LOL

Oh B.S. I don't doubt that it happens in some cases but the Mexican Gangs are an American phenomenon not a Mexican phenomenon.

GRANDPA NICOLAI wrote:

<quoted text>
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So now you are changing your lies from "OBAMA gave Brazil $2 Billion dollars to drill for oil" to "OBAMA encouraged the import export bank to lend Brazil a check they never cashed"?
Why don't you just acknowledged you got caught in another conservative lie and move on to your next conservative lie...? LMAO

Please show mw where I ever said oslama handed them the check???

OOOPS ya can't can ya......LOL

Did liberals say that oslama the economy slayer captured OBL???
YES

Was oslama on site??
NOPE..........ROTGLMAO

Here Is One wrote:

<quoted text>
A CEO like the one from Solyndra would have committed suicide to avoid the problems he would be facing..........LOL
And your point is???
How about a little fun??
Here Is One wrote:
The reason you see so many Mexican gang members is that when they are caught in Mexico they are basically given a choice between jail or going to the USA......
And the USA opens its arms for the criminal invaders and gives them free food, medical care, housing and schooling......
Would you pick jail over that????
NOPE and neither do they........
Post # 107 here
www.topix.com/forum/city/chico-ca/T8U6SFH3DK7...
Rod in the arse said this..........LOL
Oh B.S. I don't doubt that it happens in some cases but the Mexican Gangs are an American phenomenon not a Mexican phenomenon.

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You are a class act, if you can't beat them in a debate you start playing 3rd grade school yard games...

Why don't you show us instead how OBAMA gave the Brazilians $2 Billion dollars to drill for oil...LOL

GRANDPA NICOLAI wrote:

<quoted text>
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You are a class act, if you can't beat them in a debate you start playing 3rd grade school yard games...
Why don't you show us instead how OBAMA gave the Brazilians $2 Billion dollars to drill for oil...LOL

Wrong again........LOL

I posted links and some had videos with oslama stating that these are good investments.......LOL

Did I ever say oslama handed them a check???
NOPE
Did my links say oslama handed them a check??
NOPE

Do liberals make the claim that oslama captured OBL????
YES

Did oslama even touch OBL??
NOPE

Was oslama in any of the helicopters that landed and captured OBL?
NOPE

Bit liberals will say they he did it..........ROTFLMAO

Here Is One wrote:

<quoted text>
Please show mw where I ever said oslama handed them the check???
OOOPS ya can't can ya......LOL
Did liberals say that oslama the economy slayer captured OBL???
YES
Was oslama on site??
NOPE..........ROTGLMAO

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So why are you spreading lies and passing gas if OBAMA did not give the Brazilians the $2 Billion...? LMAO

The Wall Street Journal reports: "The United States, through the U.S. Export-Import Bank, has issued a 'preliminary commitment' of $2 billion and more if needed" to Petroleo Brasileiro SA, a Brazilian government-owned oil exploration and development corporation known as "Petrobras."

Petrobras is exploring and developing what has been described as the "huge offshore discovery” of Brazil's Tupi field in Santo Basin near Rio de Janero. According to reports, the site could yield as much as 1 million barrels of oil per day.

The Soros Fund Management LLC holds a stake in Petrobras in the amount of $900 million as of Dec. 31, 2009.

Read more on Newsmax.com : U.S. Govt, Soros Fund Offshore Drilling in Brazil
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

sociopathic Liberals wrote:

The Wall Street Journal reports: "The United States, through the U.S. Export-Import Bank, has issued a 'preliminary commitment' of $2 billion and more if needed" to Petroleo Brasileiro SA, a Brazilian government-owned oil exploration and development corporation known as "Petrobras."
Petrobras is exploring and developing what has been described as the "huge offshore discovery” of Brazil's Tupi field in Santo Basin near Rio de Janero. According to reports, the site could yield as much as 1 million barrels of oil per day.
The Soros Fund Management LLC holds a stake in Petrobras in the amount of $900 million as of Dec. 31, 2009.
Read more on Newsmax.com : U.S. Govt, Soros Fund Offshore Drilling in Brazil
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

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Glad you could make it today sunshine....

BTW, that Newsmax baloney is warmed over puke that has been discredited ages ago...

GRANDPA NICOLAI wrote:

<quoted text>
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Glad you could make it today sunshine....
BTW, that Newsmax baloney is warmed over puke that has been discredited ages ago...

By who? You??? LMAO!
And obviously, and as usual, you failed to read what the article said.
And I'm sure that as usual, the liberal spin has spun the meaning of words to suit their immoral, perverted or otherwise lying agenda.
Because we all know what liberals do best is lie!

sociopathic Liberals wrote:

<quoted text>
By who? You??? LMAO!
And obviously, and as usual, you failed to read what the article said.
And I'm sure that as usual, the liberal spin has spun the meaning of words to suit their immoral, perverted or otherwise lying agenda.
Because we all know what liberals do best is lie!

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By everyone with a functioning brain, which implies a certain capacity for independent thought, a concept unfamiliar to most conservatives...

If conservatives were not posting so many lies TOPIX would not even exist....