Obama promises 10 BILLION dollars to Drill for Oil in Brazil - Soros Invests in Petrobas

[MrBUTTERBEAN420]

i want a molato

[POOBAGHOMIE187]

@MrBUTTERBEAN420 i wants some chitlins

[MrBUTTERBEAN420]

@POOBAGHOMIE187 i likes chicken 

[hookalakah]

The continental United States sits on an ocean of oil estimated to top the Saudi Arabia oil fields, Leave it to President Obama to encourage Brazil to drill its own oil so we can buy it from them. So that means: drill, baby, drill, just don't do it in our backyard. Get ready for five dollars a gallon at the pump, folks.

[faceswithin]

sorry it was 2 billon dollar my mistake

[faceswithin]

your right it was 2 millon Obama gave and yes its all about Soros

[lacaliffa1288]

@faceswithin It was a loan guarantee made by the Export Import Bank. Had nothing to do with the President and Soros had sold most of his stock long before the Ex-Im Bank gave them the loan guarantee. Ex-Im Bank makes these guarantees to help U.S. companies sell products and services to foreign companies. That's part of the agreement. What Beck reported was absolutely false and that's the reason you didn't hear it on the main stream media. Look up the Export Import Bank of the U.S.

[rogerpenna]

Soros invested 800 million dollars on Petrobras? So...?? Petrobras raised over U$70 billion on its lastest share offer, and has revenues of U$138 billion in 2009.

Besides, if anything, it shows Obama is worried about enviromental damage on the US coast, but doesnt give a damn if the spill happens on the brazilian coast.

[usam1981]

@rogerpenna Ah, but here is the kicker, they are drilling in the Gulf of Mexico, so he really does not give a damn about drilling off our shores if it is another country.

[rogerpenna]

@usam1981

they who? Petrobras? List the oil fields on the US coast the US drills. List how many Petrobras drills alone and how many Petrobras drills with an american company as a partner.

IF Petrobras drilled oil in the US coast when the BP accident happened, Petrobras was ALSO affected by the ban on drilling on the US shore. Try to think for a minute instead of letting Glenn Beck do all the thinking for you.

[usam1981]

@rogerpenna No, Obama's ban was only on US drilling in the Gulf. He allows petrobas to drill there. I know because I live on the Gulf. Try to think for a minute instead of letting Obama do all the thinking for you, he is no good at it.

[rogerpenna]

@usam1981

thats nonsense. The spill itself was caused by a foreign company (British Petroleum)

maybe Petrobras was drilling in the Gulf of Mexico, but outside USA continental waters, maybe in Mexico´s waters.

otherwise, provide your sources to prove Petrobras was ALONE (instead of as a partner of an US company) drilling in the US continental waters.

[carolinaboysc]

There is no global warming and barrack osama is a piece of shit

[bob888907]

@carolinaboysc I don't think you should make of shit by comparing it to Obama.

[usa1bruce]

Good video. The hypocrisy of the Left is stunning. They bow to the eco-nazis to destroy Americas industry and prosperity, but encourage other countries to drill. I can see November from my house.

[TheGoodnplenty]

Smart kid

[lacaliffa1288]

Your "fun facts" are actually not facts at all. Practically everything you've said is wrong. Do a little research. Look up the Import-Export bank. That have a page that gives all the details about this loan to Petrobras.

[AmericaRightChannel]

Good Video! Thank you for sharing! Keep up the good good work!!

[GilbertFamilySingers]

did you listen to the video? it has nothing to do with helping or not helping Brazil - it has to do with the Democrats double standard when it comes to drilling. we'll support Brazil to drill, but won't allow drilling in America

[ELFELICIANO]

What if you need the damn oil? And America needs it in fact. And if oil is found offshore why not taking it out of the damn sea? And who else in the worls is more capable on doing that other than Petrobras?

[supersambo723]

good job, and nice sarcasm by the way. hahaha

[bitterclinger]

Great job...it's pathetic how we regular Americans can find this type of info in 30 seconds using Google, but the Liberal media doesn't report on anything that doesn't excrete from Rahm Emmanuel's malignant pie-hole.

[BuckFarack]

Excellent job reporting.

5 ***** W W W ,youtube,com/watch?v=ekegVK_9n­ME

Small case the W's & replace the commas with periods.

[bertly71]

Soros is a nefarious person. Obama is his finger puppet. He and the Dems are bought and paid for by him and his henchmen. They are out to ruin America as we have known it and make a tidy profit while doing it.

[logan6298]

It is perfectly fine to drill in Brazil, everyone knows Global Warming can't cross the equator .The Science Is Settled

Plus we have all the warming we need with all the hot air coming out of Washington DC Great Work 5*****

Logan

[SeekerNLife]

It's a part of Obama's goal to create Jobs....in other countries.

[ELFELICIANO]

Neither Brazil nor Petrobras needs those 10grand-grand-grands. Petrobras became this year the second biggest company in the continent and Brazil has a bank that has more money than the World Bank and BID to finance this project. Dont worry Brazil is not and will never be the manufacturer of American "stuff". Thats for China. Blame the chinese for your jobs lost.

[viperBSG]

why drill in Brazil when we have Alaska?

[TheHibbitydibbity]

haha nice job man

[thomaserossi]

That's how Soros makes his money. He's not a financial genius, he's just well connected. He worked with the Nazis and spied against the Jews, his own people.

[lacaliffa1288]

@thomaserossi Soros makes money, that's Capitalism. However, he did not make money off of this deal. He sold most of his Petrobras stock long before this loan was made. This load was for Petrobras to purchase items from U.S. companies for their project. That's what the Export-Import bank does. They lend money to foreign businesses to purchase products we export.

[rogerpenna]

@lacaliffa1288

do you want to rationalize with neocons??? You are wasting your time. What you wrote is just too damn complicated for the air inside their heads to process.

[lacaliffa1288]

@rogerpenna You're right, it's useless.They've made up their minds (Beck is often the source) so don't confuse them with facts or evidence. The common thread of their posts are 1) pointless insults 2) lack of substance or policy knowledge and 3) crass, foul language. Two minutes of research reveals most of what Beck says to be exaggerated or, as in the Brazil oil situation, completely false. But now, they don't want to admit they were fooled by Beck. Beck is laughing while counting his money!

[21wf]

@lacaliffa1288

"as in the Brazil oil situation, completely false."

What is false? That Obama did not give money to Petrobras?

If drilling is bad in America because of Global warming, why isn't it the same in Brazil?

Without Beck, much would be hidden from the American people, because most of the media is corrupt, and in the camp of the Democrats.

Thank you Fox News, and most importantly, thank you Glenn Beck - you're a powerhouse exposing the corruption on the left.

[lacaliffa1288]

@21wf What is false? President Obama did not give $10 billion to Brazil to build an oil rig. That's false! The Export-Import Bank of the U.S. guarantees loans to foreign companies on the condition that they use U.S. goods & services. At the time the guarantee was made, Obama had not even appointed any members to the Board. Yes! What Beck said was completely false & you just thanked him & Fox for misleading you with false information. Did you bother to research it? Of course not! Fox thanks you!

[21wf]

@lacaliffa1288

"The Export-Import Bank of the U.S. guarantees loans to foreign companies on the condition that they use U.S. goods & services"

Your position is indefensible. If Obama's administration is against drilling, why would Obama ever endorse a drilling-related loan for another country?

Again without Beck, we never would have know about Obama's hypocrisy, where he's against drilling in America, while endorsing it next door.

[lacaliffa1288]

@21wf It's true, the U.S. loan guarantees are made on the condition that they are used for U.S. goods & services. This is exactly what I have said. Per Ex-Im, the funds for the Petrobras security are paid directly to the U.S. businesses for their sales to Petrobras. Petrobras will not receive any funds from Ex-Im for products that are not purchased from U.S. businesses. Ex-Im reported paying U.S. companies $300 million for the Petrobras agreement as of 4/2011. Petrobras pays Ex-Im + Interest.

[lacaliffa1288]

@21wf As for drilling off-shore, I will try once again to make you understand: 1) The U.S. has no authority to regulate Brazil's shores. 2) Obama did not appoint any of Directors to the Ex-Im bank at the time this decision was made, however,. 3) drilling had nothing to do with the Ex-Im Board's decision. They promote U.S. business, earning money for the U.S. Treasury in the process. Their record on that is very good. 3) Beck is a poor source for accurate information.

[lacaliffa1288]

@21wf I suppose I should also address your assumption that President Obama opposes drilling for oil. We require oil until we can generate adequate energy by some other means. The President advocates drilling responsibly. Also, he has never "endorsed a drilling-related loan for another country." He also lifted the moratorium on off shore drilling after the BP disaster. Altough I prefer correcting the problems that created the disaster, we must recognize that oil is a national security issue.

[lacaliffa1288]

@rogerpenna Oh but wasn't this the funniest one: when Fox had a seqway about how terrible it was Saudia Prince Alwaleed bin Talal, known (according to the Fox jugheads) to have terrorist connections. Oh, the Outrage they expressed, gasp and moan.....And then we learn the he also has known connections to News Corp (Fox parent company)! After Murdoch (29%), Talal held the largest share in the corporation (7%)! What a hoot! Is it just terrible journalism or intentional deception? "You Decide!"

[21wf]

@lacaliffa1288

"Talal held the largest share in the corporation (7%)!"

Isn't Fox a public company? Can it prevent anybody from buying its shares?

[lacaliffa1288]

@21wf Yes, they're publicly traded. That was not the point. The point was the network's phony outrage over the Community Center, which is being built blocks away from ground zero with contributions from the Kingdom Foundattion, then avoiding disclosure of the fact that one of the Fox share holders is the leader of the Kingdom Foundation. They avoided even mentioning his name!

[21wf]

@lacaliffa1288 I don't agree with 100% of what Fox represents. For instance, Fox never supported Michael Savage in his hour of need.

Despite Fox's ills, if given a choice between Fox and the Liberal media, I choose Fox any day.

Without Fox, America would have been turned into a communist country by now.

[negrowithabrain]

@thomaserossi I see you get your information from the KOCH brothers

[thomaserossi]

@negrowithabrain - You're so indoctrinated you're actually stupid. You're a Useful Idiot. Whatever brain you have your ceded it to your Wise Overlords.