Interior Dept Gives Approval to Brazilian Oil Company’s Gulf of Mexico Deep Water Facility

Weasel Zippers ^ | March 18, 2011

[Grampa Dave]

“You better pump me for anything you want now. Due to financial constraints I’m losing the Internet at the end of the month. Get it while you can.”

Go to Yahoo. It is free, fast and to me has a faster and easier search machine than googelirei.

[Liz]

Her outfits are tailored for a size 6 top and size 42 bottom.

[Liz]

"The U.S. Interior Department said Thursday (as Obama was set to land in Brazil), it gave final approval for Brazil Big Oil----Petrobras----to use the first ever deep-water floating production storage facility in the Gulf of Mexico. QUESTION Now who is a BIG stockholder in Petrobras and will make a financial killing on this?

6/19/09
Soros reports 73.5% increase in Petrobras stake
Marketwatch.com ^ | February 17, 2009 | Tony Cooke
FR Posted on Saturday, June 19, 2010 3:21:12 AM by wac3rd

Billionaire investor George Soros on Tuesday reported that during the fourth quarter he increased his already considerable stakes in Brazilian state-controlled oil company Petroleo Brasileiro S.A. /quotes/comstock/13*!pbr/quotes/nls/pbr (PBR 38.29, +0.05, +0.13%) and Potash Corp. of Saskatchewan Inc. /quotes/comstock/13*!pot/quotes/nls/pot (POT 99.36, -1.25, -1.24%).

Soros, through his Soros Fund Management LLC, reported holding 36.8 million American depositary receipts of the Brazilian oil company known as Petrobras as of Dec. 31 - a holding valued at about $900 million at the time. Soros held 21.2 million ADRs at Sept. 30, according to his disclosure filed with the SEC.

Soros also reported holding $434 million in Canadian Potash shares as of Dec. 31 - a total of about 5.9 million shares. He reported holding 3.3 million Potash shares as of Sept. 30. Petrobras and Potash were the two largest stakes reported by the Soros fund as of Dec. 30 (Excerpt) Read more at marketwatch.com ...

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FR ANALYSIS Ingtar wrote: Lend is a misused word in these cases. It usually amounts to a grant, but they call it a loan to make it more palatable. Of course, the rigs freed up in the Gulf are now on the way to make Soros’ investment pan out.

Ohaha stupidly shut down US offshore drilling--33 rigs-- and put Americans out of work. But Ohaha is "lending" $2B to Brazil to drill even deeper than the calamitous Horizon platform, using the same rigs now in the Gulf.

Watta coincidence (/snix). George Soros, has a $900M stake in Petrobras (Brazilian Big Oil). US taxpayers will never see that $2B "loan" again.

===================================

THIS JUST IN News sources say Soros sold his entire Brazilian 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.

[philman_36]

You misunderstand. I'll be doing a farewell opus at the end of the month.
I'm no longer able to pay for an Internet provider. I have other more pressing financial concerns. Going to Google will be moot as I'll not have a way to access the Internet to begin with.

[philman_36]

Going to Google Yahoo will be moot.

[Grampa Dave]

There you go again being kind to the first Mooselle! She has been down to a 42 for at least a decade.

Her outfits are tailored for a size 6 top and size 42 bottom.

[Liz]

There you go again being kind to the first Mooselle!

I can't help it----being nice just comes naturally to a sweet, adorable person like me (blush).

[HeartlandOfAmerica]

“These regulatory approvals pave the way for safe, new production of oil and gas resources in the Gulf of Mexico,”

Yeah, for everyone except the US! :(:(:(

[STARWISE]

Obama, Soros, Petrobras, Brazil & offshore drilling double standards
Michelle Malkin • August 19, 2009

###

*snip*

Is it a coincidence that Obama backer George Soros repositioned himself in Petrobras to get dividends just a few days before Obama committed $2 billion in loans and guarantees for Petrobras’ offshore operations? Hmmmmmmmmmm.

http://michellemalkin.com/2009/08/19/obama-soros-petrobras-brazil-offshore-drilling-double-standards/

[HollyB]

Ping

[savedbygrace]

Salazar the Slut.

[444Flyer]

Criminal

[FormerACLUmember]

Soros owns a big piece of Petrobras, which also got a huge low interest loan from Obama TO DRILL IN BRASIL.

Now this. The corruption is amazing.

Soros gets his money’s worth when he pays the democrat party and Obama.

[taraytarah]

So, 4/19-20/2010 doesn’t look quite so accidental anymore.

Anymore? Did it ever? Is it not natural, and perhaps wise, to question as sabotage every crisis, considering the proliferation and political elevation of domestic enemies set on the ultimate destruction of our nation?

[stevie_d_64]

Before anyone puts a North Korean torpedo into this project...

Just remember some of us FReepers are working on this thing...

Just FYI...

;-)

I would like to be a part of a company for longer than just two Christmas parties this time...I don’t want to be unemployed again for a little while please...

[OldNewYork]

“It would hand him the election. They’d paint it as Republican/Tea Party racism. My worry is that he won’t go peacefully if he’s beaten in the 2012 election (see Bush vs. Gore X10) or will cause riots and rebellion.”

I have to disagree with you - I don’t think by any means impeachment would hand him the election, not with his poll numbers dropping and Democrats also calling for his impeachment. Plus, it would let the case be put before the American public, all those Americans who actually care about rule of law, and there are still some out there not already on side.

Those canards mean less and less, and are only as powerful as the fear induced in the people they’re used against - the thugs in Wisconsin, by Democratic anti-tea party logic, would have to be considered more racist than the tea partiers then.

Threats of riots and rebellion shouldn’t be dissuasive. That was the implicit threat of not electing him in 2008; it will again be the implicit, or even explicit, threat in 2012, or around his impeachment. We might as well choose our own time and place to face them down and overcome them, since we have to at some time anyway. If you’re worried about him not going in 2012 of his own volition, even if voted out, you’re making a better argument to impeach him now than I ever could.

[OldNewYork]

“We don’t and never will have the votes.”

Maybe on the first part, but legislatures are in large part consensus driven, even for all the showmanship; so we could get the votes, even if we don’t already have them.

” He could shoot a puppy on live TV and his poll numbers would probably go up.”

His polling is abysmal. Have a look at Rasmussen. They would likely fall even further the moment the mainstream media no longer can avoid mentioning things they’ve heretofore kept quiet about, as would happen during an impeachment. The question of his being a foreign student during his college career, all that, would come up and go on record. He’s been abandoned by Clinton - and that was a major part of his constituency. Very many Democrats are disgusted with his words not fitting his actions on Guantanomo and Libya.

[philman_36]

Woo-HOO! Just called to have my Internet cut off and got almost a $50 a month reduction instead! No opus is needed now!
Amazing what businesses will do to keep their customers.
It's a shame I had to call to drop their business before I got a good price.

Something simply had to give. You can't just cut off the utilities or any of the other necessary bills. The Internet is a luxury at this point so I was going to lose it.
I, unlike Congress, was fixing to cut something out of the budget forever to make ends meet. I'm now reprieved for a while.

[Grampa Dave]

“Woo-HOO! Just called to have my Internet cut off and got almost a $50 a month reduction instead! No opus is needed now!

Amazing what businesses will do to keep their customers.
It’s a shame I had to call to drop their business before I got a good price.”

Good news. What is your internet provider?

[philman_36]

What is your internet provider?
Time Warner. Get this...I got the price break because I didn't have my services "bundled". Apparently when we switched our house to cable phone we didn't get the package deal and got charged a higher price.