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Why Obama Gave Billions To Brazil For Oil Drilling/ SOROS OWNS SOME OF THE COMPANY
Front Page Mag/Hot Air/ The Lid ^ | 9/2/09 | The Lid

Posted on 09/02/2009 9:50:48 AM PDT by Shellybenoit

Last month there was much criticism over the fact that President Obama agreed to give Brazilian Owned Oil Company Petrobras up to $10 Billion Dollars to look for Oil off the Brazil Coast. This was especially disturbing when you consider that they Administration objects to the US Drilling off its own coast, which will work toward keeping the price of oil low and help wean us off foreign oil.

Why would the POTUS pay for a foreign country to drill for oil but object to his own country taking advantage of his own country's resources? Payback.

Last week Hot Air discovered that "coincidentally" just a few days before the announcement of the US Oil Exploration Aid, Friend of Barack, George Soros, set himself up to make a lot more money from Brazilian Oil Exploration..

NICE! Making money on the spread, and putting himself in a position to make more money from higher dividends just before all the big bucks "donation" from President Obama. Soros must be master of the deal or Obama is the master of the quid quo pro.

Read more below:

(Excerpt) Read more at yidwithlid.blogspot.com ...


TOPICS: Business/Economy; Conspiracy; Government; Politics
KEYWORDS: agenda; bho44; corruption; democratcorruption; democrats; drillheredrillnow; drilling; economy; energy; fundedbysoros; georgesoros; insidertrading; obama; offshoredrilling; oil; oildrilling; shadowparty; sorocrats; soros
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1 posted on 09/02/2009 9:50:48 AM PDT by Shellybenoit
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To: Shellybenoit
Massive Protests?

*crickets*
2 posted on 09/02/2009 9:53:40 AM PDT by Dallas59
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To: Shellybenoit

SAN FRANCISCO (MarketWatch) — George Soros’ hedge fund firm grew strongly through the worst financial crisis since the Great Depression, while big rivals mostly shrank, according to results of a survey released Tuesday by industry publication AR.

http://www.marketwatch.com/story/soros-grows-while-many-rival-firms-shrink-2009-09-01


3 posted on 09/02/2009 9:54:41 AM PDT by twistedwrench
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To: Shellybenoit

There was $811,000,000.00 in just a single purchase by Soros. There may well be a lot more money.

Soros then pays Obama and the democrat party to shut down US drilling for oil (Soros’ competition).

He then pays the democrats for low cost loans to drill for oil in Brazil.

It is not just corruption. It is treason on the part of the anti-American democrat party. And that treason extends to a media that refuses to report on this atrocity


4 posted on 09/02/2009 10:03:21 AM PDT by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: FormerACLUmember

I think Soros has muted most of the “elected” movers & shakers. Look at McCain and his climate change institute (funded by Soros). Who else on the ‘Pub side is on the take?


5 posted on 09/02/2009 10:07:21 AM PDT by Sioux-san
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To: Shellybenoit

bump


6 posted on 09/02/2009 10:12:45 AM PDT by VOA
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To: Sioux-san

That to me is a bigger scandal than rats being rats.

And this is why they are working overtime to destroy Sarah...a lot of bastards would have less money if she were in charge.

We are sold out...by both sides of the establishment.


7 posted on 09/02/2009 10:12:58 AM PDT by Aria ( "The US republic will endure until Congress discovers it can bribe the public with the people's $.")
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To: FormerACLUmember

I totally agree with you...every time I put gas in my tank.

Soros, Arabs and the communists figured how to clean out the great American middle class - the “green” movement.


8 posted on 09/02/2009 10:15:17 AM PDT by Aria ( "The US republic will endure until Congress discovers it can bribe the public with the people's $.")
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To: Shellybenoit

The Chicago huckster at large!


9 posted on 09/02/2009 10:15:58 AM PDT by AngelesCrestHighway
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To: FormerACLUmember

Soros is ahead of the curve again. WOW! I guess that is easier when you have a lot ot say how the curve will bend!


10 posted on 09/02/2009 10:21:28 AM PDT by WellyP
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To: Shellybenoit

“Impeachment, according to the Founding Fathers, was the remedy for those officials who through professional or personal misconduct violated the public trust and vitiated our republican form of government.

Accordingly, Article VI, Paragraph 3, of our constitution provides, “The Senators and Representatives before mentioned, and the Members of the several State Legislatures, and all executive and judicial Officers, both of the United States and of the several States, shall be bound by Oath or Affirmation, to support this Constitution....” And Article II, Section 4 notes, “The President, Vice President and all civil Officers of the United States, shall be removed from Office on impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors.”

IMPEACH OBAMA NOW...... Don’t wait until our country is completely destroyed.


11 posted on 09/02/2009 10:21:37 AM PDT by Gator113 (It's about stupidity, stupid. IMPEACH HERE, IMPEACH NOW.)
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To: StarFan; Dutchy; alisasny; BobFromNJ; BUNNY2003; Cacique; Clemenza; Coleus; cyborg; DKNY; ...
Excerpt:

Last week Hot Air discovered that "coincidentally" just a few days before the announcement of the US Oil Exploration Aid, Friend of Barack, George Soros, set himself up to make a lot more money from Brazilian Oil Exploration...

NICE! Making money on the spread, and putting himself in a position to make more money from higher dividends just before all the big bucks "donation" from President Obama. Soros must be master of the deal or Obama is the master of the quid quo pro...

12 posted on 09/02/2009 10:23:41 AM PDT by nutmeg (Obamunism is destroying America)
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To: nutmeg

Where are the Republicans on this? At least an immediate investigation?


13 posted on 09/02/2009 10:47:09 AM PDT by Achilles Heel
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To: Shellybenoit

Remember all that hue and cry about Bush/Cheney’s connections to Halliburton.

Yet not one peep about 0bama and his puppetmaster Soros.


14 posted on 09/02/2009 11:02:19 AM PDT by ScottinVA (I remember Jack Kennedy... Jack Kennedy was a President of mine.. and Teddy, you're no Jack Kennedy!)
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To: Shellybenoit

I wish the absolute worst for Soros. Maybe my prayers will be answered and I’ll wake up one morning to the news he has suffered a massive, debilitating stroke.


15 posted on 09/02/2009 11:03:53 AM PDT by ScottinVA (I remember Jack Kennedy... Jack Kennedy was a President of mine.. and Teddy, you're no Jack Kennedy!)
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To: nutmeg
Friend Boss of Barack, George Soros, set himself up to make a lot more money from Brazilian Oil Exploration...

There. Fixed it.

16 posted on 09/02/2009 11:06:08 AM PDT by ScottinVA (I remember Jack Kennedy... Jack Kennedy was a President of mine.. and Teddy, you're no Jack Kennedy!)
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To: Shellybenoit

Graft
17 posted on 09/02/2009 11:09:09 AM PDT by HowlinglyMind-BendingAbsurdity
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To: Shellybenoit

This “news” is well over two weeks old. Where has Michelle been?


18 posted on 09/02/2009 11:20:06 AM PDT by Blood of Tyrants (Senator Edward Kennedy 1932-2009, May he rot in hell.)
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To: Shellybenoit

Looks like a big money-laundering operation to me.

Here’s some related research:

Aug 31 (Financial Times) - - The World Trade Organisation gave Brazil the green light on Monday to impose $295m (€206m, £181m) of sanctions on US goods over Washington’s failure to scrap illegal subsidies to its cotton farmers.
http://www.ft.com/cms/s/0/a583eb44-9658-11de-84d1-00144feabdc0.html?nclick_check=1

The US Department of Justice has alleged that an employee of Brown Brothers Harriman, a US private bank, helped Brazilian clients avoid measures to detect money laundering and conceal the proceeds of crimes including fraud and tax evasion. The DoJ made the allegation in an application to freeze about $450m in an account held at BBH in New York in the name of Tiger Eye Investments Limited, a company registered in the Cayman Islands.
http://www.ft.com/cms/s/0/183060f8-940d-11de-9c57-00144feabdc0.html

Aug. 15 (Bloomberg) — Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro SA in the second quarter, making the Brazilian state-controlled oil company his investment fund’s largest holding.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aFHPjfeUvtl8

The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html

We said George Soros is more of a speculator than an investor. When come to the long equity position, he is willing to take some very concentrated positions in one or two industry. Right now, Oil and Gas is the name of the game, and Consumer Services names are catching up. George Soros’s top five holding as of March 31, 2009 include: Petroleo Brasileiro S.A.Petrobras (PBR), Potash Corp. of Saskatchewan Inc. (POT), Hess Corp. (HES), ConocoPhillips (COP), Lowe’s Companies Inc. (LOW)”
http://www.gurufocus.com/news.php?id=57768

(July 16th)
General Motors is spending more money where it counts: Latin America. The Latin American market has been generous to the struggling automaker despite struggles at home. Today, GM announced a $1 billion plan to expand its vehicle lineup in Brazil.
http://www.mlive.com/auto/index.ssf/2009/07/general_motors_announces_1_bil.html

If a tree falls in Brazil, it will, in fact, be heard in the U.S. - at least if a little-noticed provision in the pending climate-change bill in Congress becomes law. As part of the far-reaching climate bill, the House is set to vote Friday on a plan to pay companies billions of dollars not to chop down trees around the world, as a way to reduce global warming.
http://www.washingtontimes.com/news/2009/jun/25/climate-bill-gives-billions-to-foreign-foliage/

(June 17th)
The global financial crisis has reduced the differences between nations and created the opportunity to form a new world order, Brazilian President Luiz Inacio Lula da Silva said Wednesday. [This was at the ‘BRIC’ conference - Brazil, Russia, India, China - for developing nations]
http://www.breitbart.com/article.php?id=CNG.db1c3a82d0827b5cdf05eea3ba146af8.511&show_article=1

Brazil purchases 250 German Leopard tanks to guard its borders The Brazilian army purchased 250 German leopard 1 A5 tanks which will be displayed mainly along the country’s 16.000 kilometres of land and fluvial borders thus reinforcing its dissuasive capacity in the event of foreign attacks.
http://en.mercopress.com/2009/08/04/brazil-purchases-250-german-leopard-tanks-to-guard-its-borders

French, Swedish and US defense companies pursuing a four-billion-dollar deal to replace Brazil’s aging fleet of fighter jets are stepping up lobbying efforts ahead of a decision expected within the next couple of months.
http://www.google.com/hostednews/afp/article/ALeqM5hcWS3yUEGTtRQuN20bJ93-gqioiQ

Aug 31 (Financial Times) - - The World Trade Organisation gave Brazil the green light on Monday to impose $295m (€206m, £181m) of sanctions on US goods over Washington’s failure to scrap illegal subsidies to its cotton farmers.
http://www.ft.com/cms/s/0/a583eb44-9658-11de-84d1-00144feabdc0.html?nclick_check=1

The US Department of Justice has alleged that an employee of Brown Brothers Harriman, a US private bank, helped Brazilian clients avoid measures to detect money laundering and conceal the proceeds of crimes including fraud and tax evasion. The DoJ made the allegation in an application to freeze about $450m in an account held at BBH in New York in the name of Tiger Eye Investments Limited, a company registered in the Cayman Islands.
http://www.ft.com/cms/s/0/183060f8-940d-11de-9c57-00144feabdc0.html

Aug. 15 (Bloomberg) — Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro SA in the second quarter, making the Brazilian state-controlled oil company his investment fund’s largest holding.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aFHPjfeUvtl8

The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html

We said George Soros is more of a speculator than an investor. When come to the long equity position, he is willing to take some very concentrated positions in one or two industry. Right now, Oil and Gas is the name of the game, and Consumer Services names are catching up. George Soros’s top five holding as of March 31, 2009 include: Petroleo Brasileiro S.A.Petrobras (PBR), Potash Corp. of Saskatchewan Inc. (POT), Hess Corp. (HES), ConocoPhillips (COP), Lowe’s Companies Inc. (LOW)”
http://www.gurufocus.com/news.php?id=57768

(July 16th)
General Motors is spending more money where it counts: Latin America. The Latin American market has been generous to the struggling automaker despite struggles at home. Today, GM announced a $1 billion plan to expand its vehicle lineup in Brazil.
http://www.mlive.com/auto/index.ssf/2009/07/general_motors_announces_1_bil.html

If a tree falls in Brazil, it will, in fact, be heard in the U.S. - at least if a little-noticed provision in the pending climate-change bill in Congress becomes law. As part of the far-reaching climate bill, the House is set to vote Friday on a plan to pay companies billions of dollars not to chop down trees around the world, as a way to reduce global warming.
http://www.washingtontimes.com/news/2009/jun/25/climate-bill-gives-billions-to-foreign-foliage/

(June 17th)
The global financial crisis has reduced the differences between nations and created the opportunity to form a new world order, Brazilian President Luiz Inacio Lula da Silva said Wednesday. [This was at the ‘BRIC’ conference - Brazil, Russia, India, China - for developing nations]
http://www.breitbart.com/article.php?id=CNG.db1c3a82d0827b5cdf05eea3ba146af8.511&show_article=1

Brazil purchases 250 German Leopard tanks to guard its borders The Brazilian army purchased 250 German leopard 1 A5 tanks which will be displayed mainly along the country’s 16.000 kilometres of land and fluvial borders thus reinforcing its dissuasive capacity in the event of foreign attacks.
http://en.mercopress.com/2009/08/04/brazil-purchases-250-german-leopard-tanks-to-guard-its-borders

French, Swedish and US defense companies pursuing a four-billion-dollar deal to replace Brazil’s aging fleet of fighter jets are stepping up lobbying efforts ahead of a decision expected within the next couple of months.
http://www.google.com/hostednews/afp/article/ALeqM5hcWS3yUEGTtRQuN20bJ93-gqioiQ

Aug 31 (Financial Times) - - The World Trade Organisation gave Brazil the green light on Monday to impose $295m (€206m, £181m) of sanctions on US goods over Washington’s failure to scrap illegal subsidies to its cotton farmers.
http://www.ft.com/cms/s/0/a583eb44-9658-11de-84d1-00144feabdc0.html?nclick_check=1

The US Department of Justice has alleged that an employee of Brown Brothers Harriman, a US private bank, helped Brazilian clients avoid measures to detect money laundering and conceal the proceeds of crimes including fraud and tax evasion. The DoJ made the allegation in an application to freeze about $450m in an account held at BBH in New York in the name of Tiger Eye Investments Limited, a company registered in the Cayman Islands.
http://www.ft.com/cms/s/0/183060f8-940d-11de-9c57-00144feabdc0.html

Aug. 15 (Bloomberg) — Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro SA in the second quarter, making the Brazilian state-controlled oil company his investment fund’s largest holding.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aFHPjfeUvtl8

The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html

We said George Soros is more of a speculator than an investor. When come to the long equity position, he is willing to take some very concentrated positions in one or two industry. Right now, Oil and Gas is the name of the game, and Consumer Services names are catching up. George Soros’s top five holding as of March 31, 2009 include: Petroleo Brasileiro S.A.Petrobras (PBR), Potash Corp. of Saskatchewan Inc. (POT), Hess Corp. (HES), ConocoPhillips (COP), Lowe’s Companies Inc. (LOW)”
http://www.gurufocus.com/news.php?id=57768

(July 16th)
General Motors is spending more money where it counts: Latin America. The Latin American market has been generous to the struggling automaker despite struggles at home. Today, GM announced a $1 billion plan to expand its vehicle lineup in Brazil.
http://www.mlive.com/auto/index.ssf/2009/07/general_motors_announces_1_bil.html

If a tree falls in Brazil, it will, in fact, be heard in the U.S. - at least if a little-noticed provision in the pending climate-change bill in Congress becomes law. As part of the far-reaching climate bill, the House is set to vote Friday on a plan to pay companies billions of dollars not to chop down trees around the world, as a way to reduce global warming.
http://www.washingtontimes.com/news/2009/jun/25/climate-bill-gives-billions-to-foreign-foliage/

(June 17th)
The global financial crisis has reduced the differences between nations and created the opportunity to form a new world order, Brazilian President Luiz Inacio Lula da Silva said Wednesday. [This was at the ‘BRIC’ conference - Brazil, Russia, India, China - for developing nations]
http://www.breitbart.com/article.php?id=CNG.db1c3a82d0827b5cdf05eea3ba146af8.511&show_article=1

Brazil purchases 250 German Leopard tanks to guard its borders The Brazilian army purchased 250 German leopard 1 A5 tanks which will be displayed mainly along the country’s 16.000 kilometres of land and fluvial borders thus reinforcing its dissuasive capacity in the event of foreign attacks.
http://en.mercopress.com/2009/08/04/brazil-purchases-250-german-leopard-tanks-to-guard-its-borders

French, Swedish and US defense companies pursuing a four-billion-dollar deal to replace Brazil’s aging fleet of fighter jets are stepping up lobbying efforts ahead of a decision expected within the next couple of months.
http://www.google.com/hostednews/afp/article/ALeqM5hcWS3yUEGTtRQuN20bJ93-gqioiQ


19 posted on 09/02/2009 11:25:42 AM PDT by KitJ (Shall Not Be Infringed)
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To: Shellybenoit

bump


20 posted on 09/02/2009 11:59:50 AM PDT by gibsosa
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