Offshore Oil Exploration or Here I go Again!!!

[kidcatfish]

He continues to give our money away. Executive order?????


 
 


 
0A Finally - Offshore Oil Exploration gets approved and funded - However ----- You need to read the "rest of the story" .......

This was NOT reported on any of the mainstream news outlets such as ABC, NBC, CBS, CNN or MSNBC. However, it was reported as follows:

On 20 August 2009, on a segment of the "Glen Beck Show" on FCN (Fox Cable News) ... the following statement was read:

"Today even though President Obama is against offshore drilling for oil for this country.  He signed an executive order to loan 2 Billion or more of our taxpayers dollars to a Brazilian Oil Exploration Company (Petrobras - 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 .  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 (the American People) 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, the Liberal businessman who is a radical left wing supporter, finances "MoveOn.org<http://moveon.org/>;" as well as other liberal programs, and was President Obama's largest and most generous supporter during his campaign.

If you are able to connect the dots and follow the money, you are probably as upset as I am.

Not a word of this transaction was on any of the other news networks.

Forward this factual e-mail to others who care about this country, so they may see where it is going.

Does anyone think this was the type of change Obama meant ---???  Or, maybe it was.

Let all of your Government representatives know how you feel about this.  You can only wonder WHAT President Obama is getting out of this ---???

________________________________________________________________


For the "Nay Sayers" - the "Disbelievers" - the "Republican Bashers" - and especially for the "BHO Cheering Section", Here is the proof:

Kindly NOTE:
On 18 August 2009 - "The Wall Street Journal"
published the same news.

http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html

Obama Underwrites Offshore Drilling

Too bad it's not in U.S. waters.

You read that headline correctly.
Unfortunately, the Obama Administration is financing oil exploration off Brazil ..

The U.S. is going to lend billions of dollars to Brazil 's state-owned oil company ...

--- Article --- continuews...
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html 
 
 
 
 

[fstsix]

Gosh dangit  you done did it now. But dont worry he is going to be around a long time. He is a busy guy you think!  http://www.washingtontimes.com/news/2009/sep/20/obamas-next-push-is-amnesty/ Fox news read all about it !!!

[fstsix]

He continues to give our money away. Executive order?????


 
 


 
0A Finally - Offshore Oil Exploration gets approved and funded - However ----- You need to read the "rest of the story" .......

This was NOT reported on any of the mainstream news outlets such as ABC, NBC, CBS, CNN or MSNBC. However, it was reported as follows:

On 20 August 2009, on a segment of the "Glen Beck Show" on FCN (Fox Cable News) ... the following statement was read:

"Today even though President Obama is against offshore drilling for oil for this country.  He signed an executive order to loan 2 Billion or more of our taxpayers dollars to a Brazilian Oil Exploration Company (Petrobras - 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 .  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 (the American People) 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, the Liberal businessman who is a radical left wing supporter, finances "MoveOn.org<http://moveon.org/>;" as well as other liberal programs, and was President Obama's largest and most generous supporter during his campaign.

If you are able to connect the dots and follow the money, you are probably as upset as I am.

Not a word of this transaction was on any of the other news networks.

Forward this factual e-mail to others who care about this country, so they may see where it is going.

Does anyone think this was the type of change Obama meant ---???  Or, maybe it was.

Let all of your Government representatives know how you feel about this.  You can only wonder WHAT President Obama is getting out of this ---???

________________________________________________________________


For the "Nay Sayers" - the "Disbelievers" - the "Republican Bashers" - and especially for the "BHO Cheering Section", Here is the proof:

Kindly NOTE:
On 18 August 2009 - "The Wall Street Journal"
published the same news.

http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html

Obama Underwrites Offshore Drilling

Too bad it's not in U.S. waters.

You read that headline correctly.
Unfortunately, the Obama Administration is financing oil exploration off Brazil ..

The U.S. is going to lend billions of dollars to Brazil 's state-owned oil company ...

--- Article --- continuews...
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html 
 
 
 
 

Catfish  When i think of this and the words Offshore i cant help but think, THE PERFECT STORM. BTW nice write and Amazing when we all keep to the facts, and not opinion how quite it is here. This should get those opinions going now.

[Mikey]

Oh man... I know at least one person on this site that's going to have a fit when they read this! I'm suprised he hasn't posted yet!   

[Jack]

http://www.factcheck.org/2009/09/bogus-brazilian-oil-claims/

'This claim stems from a "preliminary committment" made back on April 14 by the board of directors of the Export-Import Bank of the United States. The bank intends to loan up to $2 billion to finance exports to the Brazilian oil company Petróleo Brasileiro S.A., known as Petrobras, over the next several years.

The e-mail is false on two counts.

■The message falsely says the decision was due to an "executive order" by the president. No presidential order was required. Furthermore, none of President Obama’s appointees had joined the Ex-Im board at the time of the vote, which was unanimous, and bipartisan. The Ex-Im Bank states: "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."
■The message falsely claims that "we have absolutely no gain" from the loan. In fact, the loan is being made specifically to finance purchase by Petrobras of U.S.-made oilfield equipment and services. The mission of the Ex-Im Bank is to encourage exports by making such loans.
The bank’s chairman and president, Fred P. Hochberg, underscored the purpose of the loan during a trip to Brazil at the end of July:

Ex-Im Bank President Hochberg, July 29: I chose Brazil as my first international destination for good reason: Brazil is a powerhouse among South American economies and offers tremendous opportunities for U.S. exporters in many sectors. I want Brazilians to know that Ex-Im Bank has the will and the capacity to finance their purchases of U.S. equipment, products and services

Obama appointed Hochberg to the Ex-Im Bank on April 20, nearly a week after the board voted to approve the loan. He was confirmed May 14 and sworn in May 21.

The message claims that George Soros would "benefit most" from the loan, but that is also a baseless accusation. Soros is a favorite whipping boy of conservatives because of his early financial help to the liberal group MoveOn.org. And he is indeed a major investor in Petrobras, through his New York-based hedge-fund firm, Soros Fund Management LLC. But the hedge fund recently sold 22 million shares of common stock in the company (which carry voting rights) while buying 5.8 million shares of preferred stock (which is non-voting.) As reported by Bloomberg News, Soros reduced his stake in the company before any of the Ex-Im Bank’s promised loan has been dispensed.
'

[fstsix]

Oh man... I know at least one person on this site that's going to have a fit when they read this! I'm suprised he hasn't posted yet!   

hehehehe couldn"t help myself.  .