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US to guarantee $1 billion for Mexican state oil company.
American Thinker ^ | September 12, 2010

Posted on 09/12/2010 6:36:24 AM PDT by agee

This comes on the heals of an earlier deal where the Export-Import Bank of the US is going to loan $2 billion to Brazil's state-owned oil company, Petrobras. This behavior underscores why Presidential approval ratings are down. Reforms from health care to banking are hurting private businesses. The fact that Obama was openly hostile to domestic energy production as a candidate and the overbearing drilling moratorium has demonstrated to many Americans that he doesn't have their best interest in mind......

(Excerpt) Read more at americanthinker.com ...


TOPICS: Politics
KEYWORDS: corruption; exportimportbank; immigration; mexico; moratorium; obama; oil; panderingmexico; pemex; why

1 posted on 09/12/2010 6:36:27 AM PDT by agee
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To: agee

http://www.youtube.com/watch?v=2_OzLHKFN5s


2 posted on 09/12/2010 6:41:36 AM PDT by terjon
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To: agee

No drilling in the Gulf, no drilling off Alaska’s coast,No drilling off Virginia. but we send Billions to help drilling off other’s coasts.

WTF??

Somebody is crazy and it aint me.


3 posted on 09/12/2010 6:43:21 AM PDT by Venturer
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To: agee

Scimitars are curved and widen to go in at a point and slice into other areas of the body easily for maximum damage.

Roman and Wester swords are so, well, straight. How boring is that? /ridicule


4 posted on 09/12/2010 6:46:13 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: combat_boots

Oops. SB ‘Western.’


5 posted on 09/12/2010 6:46:49 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: Venturer

Zero is crazy “like a fox”. His agenda obviously is to destroy us.


6 posted on 09/12/2010 6:49:06 AM PDT by F.J. Mitchell (Zero not a Muslim? Obviously then, their most favorite useful idiot..)
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To: F.J. Mitchell
"Never attribute to malice that which is adequately explained by stupidity. "

  This would seem to be the first job as an adult that "The One" has had where he is expected to perform. Victor Hanson has an excellent article on that observation. The sad truth is that you can't talk your way out of incompetence on the worlds biggest stage, but he's trying.

 

Let's face the fact that "The One" prefers shoveling money to pork projects and guaranteeing loans to state owned oil conglomerates than cutting back the failed leftist ideology. That's why he has failed at putting Americans back to work.

7 posted on 09/12/2010 7:06:46 AM PDT by agee
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To: agee; AuntB; Tennessee Nana; La Lydia; TADSLOS

Ohaha sends another billion to Mehico?

How many illegal votes will that buy for vote hungry Dems who have been screwed over by Ohaha’s failed policies?


8 posted on 09/12/2010 7:08:12 AM PDT by Liz
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To: Liz

He sent $2 billion to Brazil’s state oil company for off-shore exploration, too. The only off-shore exploration he doesn’t support is OURS. The man is trying to destroy our energy sector, and Ken Salazar is his assistant.


9 posted on 09/12/2010 7:14:41 AM PDT by La Lydia
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To: La Lydia
Obama also sent $2 billion to Brazil’s state oil company for off-shore exploration............

I wonder what Obama's cut of the billions is.....and where it's stashed offshore.

10 posted on 09/12/2010 7:18:27 AM PDT by Liz
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To: agee

We lend billions to Brazil and Mexico so they can expand their oil production while”Zippy”shuts down our drilling in The Gulf,California,Alaska,etc.,etc.,.I don’t think you have to be a GENIUS to see that”Zippy”is out to DESTROY this nation’s”Private Sector”(and economy)!!!


11 posted on 09/12/2010 7:21:51 AM PDT by bandleader
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To: Venturer
This policy makes no sense on any level. The republicans should use this issue in the upcoming elections. It is very easy for people to understand.

"Obama gives 3 Billion of tax money to foreign, nationalized oil companies while putting American oil workers out of work and taxing their American employers out of existence."

Under 30 words and you could probably cut it down from there. Imagine how this would play in the Gulf states. It should actually play well everywhere, but you can't explain things to some people.

12 posted on 09/12/2010 7:23:56 AM PDT by Former Proud Canadian (How do I change my screen name now that we have the most conservative government in the world?)
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To: Liz

I seem to remember that George Soros had invested in that particular Petrobras venture, and it appeared to be a payoff of some sort to him as well as the Brazilians. I’ll see if I can find a link.


13 posted on 09/12/2010 7:24:54 AM PDT by La Lydia
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To: Liz

Found it. The confusion over the amounts involved is a result of the fact that part of the $10 billion was in loan guarantees.
http://www.thecypresstimes.com/article/Columnists/A_Time_For_Choosing/BARACK_OBAMA_GEORGE_SOROS_PETROBAS_AND_THE_REAL_REASON_WHY_OBAMA_IS_TRYING_TO_HALT_AMERICAN_OIL_PRODUCTION_A_CRIME_INC_UPDATE/31148


14 posted on 09/12/2010 7:27:06 AM PDT by La Lydia
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To: La Lydia

George Soros recently sold its entire Petrobras stake, to help finance the purchase of 4% stake in Bombay Stock Exchange.

Buying and selling of non-US listed companies, including ADRs on US stock exchanges, is not required to be registered on the SEC forms.

Soros Fund Management LLC
888 7th Avenue, 33rd floor,
New York, NY 10106

Title Name Age
Chairman George Soros 80
Deputy Chairman Robert Soros 45
Deputy Chairman and President Jonathan Soros 38
Chief Operating Officer Abbas F. (Eddy) Zuaiter 43


15 posted on 09/12/2010 7:30:25 AM PDT by Liz
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To: agee

The idea is to transfer America’s wealth to the third world. Period.


16 posted on 09/12/2010 7:33:07 AM PDT by hershey
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To: Liz

So you are saying he didn’t benefit from Obama’s US taxpayer donation to Petrobras?


17 posted on 09/12/2010 7:37:32 AM PDT by La Lydia
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To: La Lydia
Of course Soros profited----and he will keep on profiting.

"Trust me, Bama. You get me the money. I know what
to do with it. Democrats will be a permanent majority."

18 posted on 09/12/2010 7:40:32 AM PDT by Liz
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To: All
A picture is worth a thousand words.

Candidate Obama at fund-raiser April 9, 2007.
George Soros is seated to the right of the stairs. (Photo: Michael Edwards)

19 posted on 09/12/2010 7:42:24 AM PDT by Liz
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To: agee

The reality of what is transpiring remains too ugly for most Americans to deal with...yet...


20 posted on 09/12/2010 7:42:45 AM PDT by mo
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To: mo

Americans shy away from reality until it is jammed into their face.


21 posted on 09/12/2010 9:24:08 AM PDT by B4Ranch (Conflict is inevitable; Combat is an option. Train for the fight.)
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To: agee

Whether by malice or by stupidity, the results there of may lead directly to our demise.


22 posted on 09/14/2010 8:08:42 AM PDT by F.J. Mitchell (Zero not a Muslim? Obviously then, their most favorite useful idiot..)
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