had read 'bout this-WHAT THE ....?what was rationale given to US taxpayers?
I think Yid with Lid has the best explanation:
http://yidwithlid.blogspot.com/2010/06/george-soros-obamas-oil-man.html
I’ll just excerpt the first part, because his site could use the hits. He has a concise rundown of the Soros connection—well worth the read.
Wednesday, June 23, 2010
George Soros, Obama’s Brazilian Oil Man
Last August 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. At the time it was especially disturbing because the Administration objected to the US Drilling off its own coast, which would have worked toward keeping the price of oil low and help wean us off foreign oil.
Today it is even more disconcerting, Obama’s drilling moratorium may have been blocked by a judge today, but Secretary of Interior Salazar intends to announce a new one tomorrow. And the longer this “moratorium” lasts, the more likely we are to see the Oil Rigs in the gulf move down to Brazil where they are planning to drill for oil in seas twice as deep as the Deepwater Horizon site.
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? And worse why would he fund the oil drilling of another country for it to “steal away” drilling resources from the Gulf sites? Payback.
(snip)