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

Just a bit of back scratching..
http://sweetness-light.com/archive/obama-helps-soros-drill-oil-in-brazil

http://www.ibdeditorials.com/IBDArticles.aspx?id=334968315717535

Category:

Education

Tags:

• brazil
• oil
• petrobas
• soros
• obama
• drilling
• coast
• salt
• south
• america
• ten
• 10
• billion
• dollars

[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]

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.

[WhatsLikeBrazil]

Hey kid, I'm from Brazil.

1. Obama didn't "gave" billion Dollars to Brazil. Obama paid for a contract signed in the Bush administration. Brazil did the service and somebody must to pay for it. It's business, not money help;

2. Brazil don't need money from other nation. Much less, to develop local oil industry.

3. PETROBRÁS is a 250 billion Dollars company and Soros owns less than 0.9% of it stocks.

You are invited to visit my channel "What's Like Brazil?".

Thanks.

[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.

[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

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 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.

[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.

[negrowithabrain]

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

[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]

@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 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.