Monday, December 6, 2010

A BIG U TURN

This is a perfect example why many refrain from watching news on ABC, NBC, CBS, or MSNBC. Last week on a segment of the "Glenn Beck Show" on FOX (Fox Cable News) was the following: Even though President Obama is against offshore drilling for our country, he signed an executive order to loan $2 Billion of our taxpayer dollars (which we can't afford to loan since we're broke) to a Brazilian Oil Exploration Company  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 field will produce, which is hundreds of millions of barrels"... We have absolutely no gain from this transaction whatsoever! Wait, it gets more interesting. 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 President Obama's most generous financial supporter during his campaign. For verification
 
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html





2 comments:

Anonymous said...

For all the "green bluster" that comes spewing from Obama and the WH,the fact remains;we need the foreign energy.And where will it come from?The people who he bows to like a servant.The same ones who keep their own peoples enslaved and illiterate.

"Never ascribe to malice that which is adequately explained by incompetence"

In less than two years our country has undergone an amazing transformation from a rich country, to a third world banana republic mired in debt and cultural decay. We have out of control governments at all levels and a dying private sector. No jobs. High taxatation. No meaningful energy production. The sad truth is we are no longer free. Without freedom, we can not be rich or create wealth.
We have traded freedom for security and now we have neither.Its the liberal socialist way.

Anonymous said...

Now that the Food Safety Act passed 100% by repugs and demwits you can epect to see many farmers amd small to midsize agriculture companies to go out of business. The major food producers have a monoply on the industry (another govt sponsored take over). Its become public knowlwdge that George Soros, Obamas master has purchased over 300 k shares of Giant Food producer Monsanto. Remember that soon as Obama gave Pemex (Mexico's govt owned oil company) and Brazil (Perobras) billion dollar loans and denied drilling rights to drill in the GOM and the WC/EC by other drilling companies, Soros invested millions into Pemex and Petrobras.
When can we expect to see charges of treason of brought forth? In 1,2,3...

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