Brazilian State run company Petrobas has be given a preliminary commitment letter from The Transnationalist Totalitarian Progressive regime of Barack Hussein Obama, for a $2 Billion loan. They are being giving this to drill offshore Brazil, not here in America. What makes it worse is that Petrobas is owned by the Brazilian Government.
The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.
The U.S. Export-Import Bank tells us it has issued a “preliminary commitment” letter to Petrobras in the amount of $2 billion and has discussed with Brazil the possibility of increasing that amount. Ex-Im Bank says it has not decided whether the money will come in the form of a direct loan or loan guarantees. Either way, this corporate foreign aid may strike some readers as odd, given that the U.S. Treasury seems desperate for cash and Petrobras is one of the largest corporations in the Americas.
But look on the bright side. If President Obama has embraced offshore drilling in Brazil, why not in the old U.S.A.? The land of the sorta free and the home of the heavily indebted has enormous offshore oil deposits, and last year ahead of the November elections, with gasoline at $4 a gallon, Congress let a ban on offshore drilling expire.
Read the rest.
What makes it even more wrong is that Neo-Stalinist, George Soros owns stakes in Petrobras. Sosros is one of the leaders of the Transnational Progressive Movement and has spent Millions to have Progressives elected. This another example of the Progressive Wall Street Mafia making money off the government.
This is all an example of Transnational Globalism, your tax money will go to Foreign entities. Meanwhile, Obama prevent drilling offshore here in the Unites States. The irony is the 2 billion were are “lending” this company is actually being borrowed from China. We are running a deficit and this money could be better spent at home. We also should be drilling here and not in Brazil.
Update: The US Export-Import Bank is not funded by taxpayers. However, if the loans are not paid back, the taxpayers are on the hook for it.
(Thanks to: for the correction)
Tags: George Soros. Globalism, Petrobas








The enemy within.
So much for the ecocons who want for us but not the thems.
Control and power.
OK, what reason on earth did Obama give to justify giving free money to a foreign country for them to develop oil drilling systems that they already have, so that the foreign country can profit from it?
B. Hussein is a kisser of the hands that feed him. Conservatives are not on his dance card.
re: #3 by LanceKates
Why? It’s un-American and right up his alley.
You know, its probably the 2 billion he scammed from cash for clunkers, right into Soros bloody paws.
I would never want to be said to defend Obama, but nobody actually is giving tax payer money to the Petrobas. the us export-import bank is giving loan guarentees to american buiseness to bid on jobs for the Brazilian Oil company. It still stinks since some members of the US inport export bank are appointed by Obama. Some one with a better grip on all this can explain it better than me
re: #7 by Nevergiveup
Soros is involved=its dirty.
re: #8 by vagabond trader
Yeah that part is real dirty. I am just saying the story has been kinda reported wrong on the other end
re: #9 by Nevergiveup
I’m all for the fact check your ass kind of reporting and am appreciative that you brought the other angle to the story. Being right about what is reported is paramount.
re: #10 by song_and_dance_man
Giving loan garruntees to American Companies bidding on jobs over seas is a good idea. it is just so hypocritical of Democrats to encourage American Buisnesses to dill off shore there but not here. But then that is the democratic Motto. For me but not for thee and Not in my backyard ya dont?
Gee Meygn Kelly looks like she is about to give birth
re: #12 by Nevergiveup
I have a thing for megyn kelly from fox news.
re: #13 by LanceKates
get in line
re: #14 by Nevergiveup
YEs, I understand it is a long line.
THe other is Patty Ann Brown.
re: #15 by LanceKates
I like the gal who was once married to the mayor of San Fran—bandares?
re: #11 by Nevergiveup
So true. And it is hypocritical.
What always has amused and slightly enraged me is the notion that America should lower hazardous emissions on already regulated leftist described detrimental environmental industries as though we are in a bubble and the atmosphere or borders of our country are in a bubble. If we regulate pollutants that doesn’t stop other who pollute from us stopping what they emit and eliminate at some waystation the vapors or particlesfrom invading our air or land.
The rest of the non western world does not share our concern for working cleanly when it comes to industry, and pollutes wantonly. However, because we have political constructs that regulate our inudstries, the ecocons of America think that we are cleaner when in truth all Earth dwellers share the same land and air.
There is no political fence that can protect everyone.
re: #16 by Nevergiveup
Julie Banderas or something like that, yeah.
re: #18 by LanceKates
That’s her
FOX has the nicest news gals
And they’re popular too. heh.
re: #17 by song_and_dance_man
And India told hilliary where to shove it when she asked them to sign onto that crap
re: #7 by Nevergiveup
I don’t know, man. Cash or loan guarantees, I’m more worried about our dependence on oil than Brazil’s. It doesn’t seem right helping them get to the resources they’ll charge us out the ass for.
I hadn’t read that the guarantees are for American companies to bid, just Petrobras. That’s definitely under-reported. But hey, if it’s ultimately ending up helping American companies at least there is a bright side.
re: #18 by LanceKates
No its Kimberly Gilfoyle. Julie Banderas would never marry that loon.
re: #24 by Rodan
No I think she did
re: #23 by m
I agree. Helping American Companies is good buisness, but lets also drill here baby. Drill Baby Drill!
re: #11 by Nevergiveup
2 things, You got a hat tip because I corrected that its not Taxpayer funded.
2nd This went to a Brazilian Company, it will not create jobs here in America. This is a waste.
re: #24 by Rodan
Maybe your right
Dang. There goes the bright side.
re: #27 by Rodan
The loan garuntees are to back up American Companies bidding on jobs with Petrobas as I understand it so it would help American Companies. At least their bottom lines. They might very well hire foreign workers to do the work?
I see this thread has been reduced to the Fox babes.
re: #22 by Nevergiveup
Cackle Rodham got an unwelcome tingle in her cellulite?
re: #31 by song_and_dance_man
Reduced?
add in guns and bbq talk and it’s a good night!
re: #29 by m
No prob sis, there is a heap more to lay at the feet of the Marxist in Chief.
re: #28 by Nevergiveup
Oh, you were conceding on the Fox chicks, lol.
Ok, it’s going to Petrobras (I’m surprised there have been no boob jokes) who may or may not use American companies. (probably will, we are the shiznit in that stuff) … but if they can’t pay back the loan we’re still guaranteeing the Brazilian company. Either way soros is covered.
Yeah… no, that still sucks.
Hey, if they do succeed we can take the money we didn’t have to lose because of them and use it to buy some of their oil.
re: #27 by Rodan
Either way, we still need to keep the money and the jobs here. Drill here, Drill hard, Drill Everywhere.
re: #35 by m
you know you’re hotter than the fox news babes anyway.
re: #23 by m
Just about any oil drilling, anywhere in the world, helps some American companies, as we pretty much have the lock on oilfield exploration and exploitation technologies.
American companies made money off the North Sea oil in Scotland/Norway, American companies make money off the Saudi Oil Ticks (it may be under their sand, but they need our tech to bring it up and bring it to market), the Nigerians, etc.
The “Awl Bidness” as they say in Texas isn’t just the Chevron’s, BP’s, Shell’s and so forth that refine the stuff, or the nationalized companies like Pemex in Mexico, SaudiAramco and Petrobras that control the leases, there are all the companies that make rig equipment, drill bits, seismic gear for exploration (and all the computer software that goes along with it) etc. And most of them are American.
“Aye, it’s some business isn’t it?” “Some business? It’s the ONLY business. Can you imagine a world without oil?”
re: #34 by song_and_dance_man
The bright side would have been if we could guarantee that the guarantees guaranteed go American in the end. (somehow, someway, oh come on!)
lol
The fact that the word “Obama” is in the same sentence as “investment”, “enterprise” or “business” is enough for me to know that something is totally wrong. When I find out that there is also a connection with a state-run company in another country, any shred of doubt about things being wrong is gone. This is NOT free market. This is not how international business is done. This is yet another socialistic scam.
re: #37 by LanceKates
Yeah, right. /
But you get {hugs} anyway! lol
re: #38 by The Osprey
See we (meaning they) are the shiznit!
re: #40 by PrincessNatasha
Obama AND Soros. Double whammy.
re: #41 by m
I didn’t see my5 around, so I tried to fill in with the fos’n
re: #43 by LanceKates
Good job.
Well, on the upside, more oil from offshore Brazil means less dependence on the Persian Gulf. But if the US Export-Import Bank really wants to invest in America’s future energy security, then they should put all their money here.
Alberta’s oilsands contain 1.7 TRILLION recoverable barrels of oil, more than all the world’s conventional reserves put together. Today they produce about 700,000 barrels a day, but this will rise to 5,000,000 barrels a day in the near future.
The only problem is that US environmentalists have blacklisted the oilsands as producing “dirty” oil. The oil is extracted by mining and processing the sands, not drilling, and it’s an energy intensive and polluting process. Some Democratic lawmakers want to ban this oil from the US market, seemingly preferring the “clean” oil from the Persian Gulf, Venezuela and other hostile regimes. So all this oil may end up piped to the west coast and shipped to Asia instead.
re: #33 by LanceKates
Well. Now that you mention it. The reduction is most adequate. Babes(talking conservative), BBQ and guns is all American.
re: #30 by Nevergiveup
That’s different.
I’m confused.
.
.
.
(hey, watch it!)
mmmmmm… bbq
re: #46 by song_and_dance_man
exactly.
MUCH better than discussing hairy women, brie and art…. like if we were in france.
I see Disagreements here! Oh Oh that means we are going to get banned!
Oops, sorry wrong blog!
re: #39 by m
I see what your saying and from my sight seeing that is a real eyeopener after seeing your insight.
re: #50 by Rodan
Rodan is on the fence with Fox babes and BBQ. We can make him but it must be a team effort.
re: #50 by Rodan
You’re so banned.
….
*cackles*
re: #49 by LanceKates
ha.
Please no jokes about Rosie or Michelle!
re: #52 by song_and_dance_man
I love BBQ’s! My Family on my Lebanese- Dominican side, once BBQ’s a a Pig over a Fire. OMG it was delicious!
re: #54 by song_and_dance_man
Rosie is not a laughing matter…
*shudders*
re: #55 by Rodan
So you like bbq… and I know you like firerams…..
so it is women you dislike?
….. not that there’s anything wrong with that…..
*evil grin*
re: #51 by song_and_dance_man
We’re right there *doing the two fingers back and forth between the eyes thing*
re: #57 by LanceKates
Now I’m picturing Rodan confuzzled.
“What?! Huh?”
re: #59 by m
The Mentalist is on in 15 minutes.
Totally unrelated to what you said, but there you go.
All this time I was hanging in the basement thread… Smoking room down there.
re: #42 by m
Oh yeah. “Soros” says it all. SOS.
re: #60 by LanceKates
My mom loves that show. You know he’s Australian or something? He does a great American accent. I’m counting down to Sunday night (True Blood).
re: #58 by m
LOL. I am hypnotized by our witticisms. That or a drunk test.
Good evening folks, I wonder what God does pro eugenics Obama serve?
http://www.politico.com/blogs/bensmith/0809/We_are_Gods_partners_in_matters_of_life_and_death.html?showall
Oops! I said the “g” word! I guess I’ll take the stick quietly now.
People, this is a good thing. Our government is loaning Petrobras the capital they need to purchase services that more than likely will come to American companies, as I have mentioned above we are number one with a bullet in all oil exploration and resourcing technology and ESPECIALLY when it comes to deep water offshore, which is where these Brazilian fields are. There are dozens of companies in Texas and Louisiana who deal in this extremely expensive and specialized hardware and software, some of whom are worth oodles of money whose names are completely unfamiliar to those outside the industry. Halliburton is probably the only one that is a household name. And they employ hundreds of thousands of people, from roughnecks on the derricks to ship captains, machinists, helicopter pilots, software engineers, maritime architects,divers, shipyard workers etc. etc. etc. It will bring more oil to market, and lessen our reliance on the Ticks and Lil’ Squinty in Tehran.
It’s not like American oil business is not already involved with nationalized oil companies in other countries. They have been for decades.
Do you think that George W. Bush wouldn’t have signed off on this if he was still President? Dick Cheney? The only thing I find negative about all this is that the lefties would be screaming bloody murder if Bush was doing it, and we are getting our panties all in a wad over it because of Obama and Soros. You think Soros doesn’t have his greasy little palms in other oil deals around the world?
Would I like to see oil drilled here in America? Sure! But if oil is as finite a quantity as the “Peakers” say it is, I’d rather we were the last people to be still sitting on top of big supply of it, and have the rest of the world coming to us.
re: #55 by Rodan
I love and enjoy BBQ at least 3 times a week. Tomorrow I lay off and will prepare my home famous tacos.
re: #57 by LanceKates
LOL
re: #59 by m
That is too funny. Sorry Rodan, but that was funny.
No harm, no foul. Your seriousness is really appreciated by me and I’m certain by everyone that frequents this site. Kudos to you for your diligence.
Drill now!!
re: #63 by m
I’m a big Mentalist fan. Ranks up there with Sons of Anarchy (Season 2 starts Sept 8th on FX)
re: #68 by bar
Drill often!
For me it’s America’s Got Talent, So You Think You Can Dance, American Idol and the NFL.
Hey, I’m an song and dance man.
Like most dictators O is trying to manipulate the pulpit, it will be interesting to see how many churches/synagogues go along with obvious “state interfering with the church” ploy.
http://www.foxnews.com/politics/2009/08/20/army-lord-obama-seeks-health-care-push-pulpit/
re: #68 by bar
After the babes, bbq, & guns theme surfaced (does it ever really leave?) I was scared to click that link, lol.
re: #66 by The Osprey
I see that, American companies will get a very much needed boost.
I also see another side to it. I’m a full fledged right winger.
The timing. Soros selling off common stock and buying preferred stock in the days before, Obama campaigning on guaranteeing companies for nuclear energy, and then turning them down 3 weeks ago. It just stinks.
I agree with that, too.
re: #72 by davehm
link no worky…hmmm
I miss the office, great sarcastic comedy, imho.
BBQ?
re: #75 by bar
BBQ and Lubriderm! Planning a wild night, eh?
re: #73 by m
At first the title was “drill it baby”, then I changed it thinking it could mean something else.
re: #72 by davehm
Hypocrisy on parade.
re: #76 by m
re: #77 by bar
Those shouldn’t have fell together. lol!
re: #76 by m
Doesn’t every guy want supple hands, for his wild night?
re: #80 by bar
re: #71 by song_and_dance_man
I watch SYTYCD and AI during the auditions~ love it! After that, notsomuch.
re: #71 by song_and_dance_man
Only 8 days until high school football starts, and 16 days til college.
And I think the clock just ticked backwards.
re: #72 by davehm
And he is reaching for other pulpits .
He has the audacity of claiming that we, who oppose him, bear false witness? He is a consummate charlatan with way too much power.
He is a liar.
• Page 50: All non-US citizens, illegal or not, will be provided with free healthcare services.
• Page 425: Government provides approved list of end-of-life resources, guiding you in death.
And he has the gumption to claim he is his brothers keeper while he ignores the concerns of an every growing brotherhood that denounces and rejects his social contract with those who are not even in the family. I rarely do this but *spit*!
NFL Sunday ticket!!!
re: #80 by bar
I would hope so!
Lance are you still here? Babes and guns!
re: #84 by song_and_dance_man
Reaching out to the Jewish community with Obamacare:
I think it was a sign from someone else, lol.
“Don’t trust him!”
re: #59 by m
I never get confuzzled with women or BBQ!
re: #84 by song_and_dance_man
I don’t think this guy has any Utopian society in mind I really think he’s out to destroy the nation… taking over banks, the auto industry and now health care with a eugenics flare.
re: #83 by no2liberals
Back in the early 90’s I was a Music Director at a medium sized church in the LA suburbs. Anyway I had a young guitarist that played for the services that happened to be the defensive captain of a local High School. Garey High. Good guitarist and better defense man. We went to most of his games. There is nothing like high school football and IMO better than pro for cheer excitement and comradery.
re: #82 by m
Same here for SYTYCD, but not for AI. I have predicted over all the seasons the front runners and a few winners.
I hope the S.O.B. FAILS!
re: #91 by song_and_dance_man
High school ball is the best, with college a close second.
Only 1% of the kids in each of those groups will play at the next level, which means 99% of them are playing for the right reasons, and most are over achievers.
The spirit and enthusiasm is a plus.
re: #87 by m
I can hear TOTUS saying, oops, my bad.
It appears the Charlatan can’t control everything. LoL
re: #94 by no2liberals
Man, now you got me watching High School and College ball, oh and the NFL.
I actually purchased NFL Sunday ticket so I could follow the local College boys as they go pro, if that helps.
Dinner time, back in a bit.
re: #93 by newsjunkie_ky
Deep down inside I think he will, I wish Palin would start doing tours to stir up the folks. It’s time for conservatives in this country to move and seize this opportunity, conservatives in majority in 2010, 0 out 2011.
Good one!
Rahm Emmanuel Exposed!
/godwin’s law?
Masked Conn. official charged in fiancee attack
Geeze.
re: #86 by m
Twin Peaks are good things, it’s always good for girls to travel in pairs.
re: #90 by davehm
His mentoring by Islamists at a young age- the formative years imo- his youthful education by an avowed Marxist and pedophile, Frank Marshall Davis and his nefarious affiliations in the likes of Ayers, Wright, Rezko and Auchi only cement your suspicion that he is no friend or advocate of what real Americans are and stand for.
It’s a shame the media is sold out to an progressive agenda rather than the truth and has ignored the real B. Hussein and what he really stands for and against.
Isn’t it a pity
re: #94 by no2liberals
Being an LA resident for most of my life I got to see many games of the Bruins and Trojans. And with that saw many early NFL stars in their college days.
Oh yeah, the USFL was in LA represented by the LA Express.
Hey lets have a Drinking thread tomorrow!
re: #96 by bar
I can’t do the NFL.
I despise Hollywood.
re: #100 by My5princesses
I’m sure the “fun, friendly and sometimes flirty atmosphere!” helps
re: #103 by Rodan
OK! I buy you fly.
re: #102 by song_and_dance_man
That was back when pro football was still fun.
After they went to free agency, it just ruined it for me.
re: #103 by Rodan
Y’all have fun.
I don’t drink.
Might make a two hour drive for a high school football full scrimmage, a dress rehearsal for the real deal.
re: #103 by Rodan
Hey, I might even have to drink with ya! I’ve had some TGIFriday’s Orange Dream waiting for an occasion.
re: #107 by no2liberals
The NFL is still fun, unless your a Raider fan like I am.
But hey, at least they haven’t gone the way of pro boxing. I miss the days of Hagler, Hearns, Leonard, Duran and Ali.
We also need a gun thread. Highly requested.
re: #108 by no2liberals
I’m a once a year drinker. Twice in a year is a run for me, lol.
re: #93 by newsjunkie_ky
At everything he wants.
/yeah we said it!
re: #111 by m
Are you discussing a football thread?
I just drafted Roethlisburger for my fantasy team this morning (it’s risky but I bleed black n gold) and he promptly injured his ankle two hours later.
Hmm, Maybe God Is Trying to Tell Obama Something.
re: #110 by song_and_dance_man
Its not fun for me, I quit watching it in ‘95.
re: #112 by m
I really don’t drink at all, with the rare exception when I get to the lake for a long weekend. Haven’t been able to do that for about four years now.
I just finished off a twelve pack of beer a friend of mine brought over 18 months ago.
I cook with it.
Got drinking out of my system when I was in my early 20’s.
re: #105 by m
Speaking of girls……
My daughters need to go to bed so I can see about the fun, friendly, flirty nature of the twins, sometime.
Can’t wait for school, they’re getting an early curfew.
This old man is tired, you take care gorgeous
re: #109 by m
TGI Friday’s is my happy hour spot!
re: #117 by no2liberals
You can have Fruit Punch or Ice Tea with us!
No2l and Bumr50,
You guys take it easy and any way you can.
More evidence that the NFL is a sick and twisted organization.
re: #107 by no2liberals
I don’t watch the NFL like I used too, so I’m with you sorta. The Raiders blew it for me when Davis moved the team back to Oakland. The Rams left also, so there was a clear void.
re: #120 by Rodan
Having sweet iced tea right now.
I used to dread the drinking threads at 1.0.
NFL Sundays are my Holy Days! I’m at the bar from 12-9! I love Chicken Wings, especially Blackened Cajun!
Did I say Blackened, Oh Oh That’s Racist!
/
re: #121 by My5princesses
You as well!
re: #124 by no2liberals
Just had that!
re: #122 by no2liberals
Well, it’s a good thing Vick wasn’t signed by Cleveland. The dog pound may have had a problem cheering for him.
re: #121 by My5princesses
You too.
Too bad your nic isn’t MP5, instead.
I likes them MP5s something fierce.
Even if they are chambered for the 9.
re: #118 by My5princesses
G’night {My5}!
re: #128 by song_and_dance_man
That’s funny!
Hadn’t even considered that prospect.
re: #125 by Rodan
My fiancee has a friend down in Lynchburg, VA who is a devout Baptist. We went down for a visit last year (Steelers bye week) and on Sunday we went to church in the morning.
After lunch I had just settled in to check out the action when her friend announced that we were going BACK to church for the conclusion.
I guess they do that EVERY Sunday.
Here in Pittsburgh, Sundays are for Church and Football, usually in that order.
re: #109 by m
I’ve a bottle in the fridge, good stuff. It gets pretty hot here in SE Texas and a frozen cocktail is sometimes refreshing.
This is also quite tasty. Chi-chi’s Mexican Mudslide, TGIFriday’s has a version also.
WTH is this shiite?
Detainees Shown CIA Officers’ Photos.
Justice Dept. Looking Into Whether Attorneys Broke Law at Guantanamo.
**Just saw there was thread…oopsie**
I am going to hell, I tell you.
Because of NFL Sunday Ticket I found a Church that had Saturday Night service…
re: #132 by Bumr50
OMG–I went to college near there (Sweet Briar), and I earned my master’s at Lynchburg College.
re: #131 by no2liberals
Well aladam, Cleveland doesn’t play Philadelphia in the reg season.
re: #135 by bar
I go to church on Sat. night out of necessity since I work during the day on Sat and Sun. But that all may change tomorrow if I get the promotion I think is in the bag. Then I will worship on Sat and Sun during the day. Praise God.
re: #134 by no2liberals
That is just all wrong. I swear I want to curse that right quick.
re: #138 by song_and_dance_man
I was/am praying for that…
re: #138 by song_and_dance_man
Hope you get that job, dude. That would be great for you and the young man.
The line will be fine with the youngbloods out there.
re: #140 by bar
re: #141 by no2liberals
Thanks guys. Well it’s time to pray and sleep. Talk to you tomorrow.
re: #142 by song_and_dance_man
Hasta luego!
Damn, I cant find any of my gun cleaning stuff. You know what that means?
1. Haven’t cleaned them in a long time, mortal sin
2. Have to buy new stuff and this new gun cleaning stuff sure is confusing? Everything is “multi-caliber”, I am guessing the end parts are of the correct caliber?
Loser.
re: #86 by m
God. Bless. America.
re: #111 by m
One Alcohol thread. One Guns thread…. throw in a cigar thread and we have the whole ATF covered.
re: #129 by no2liberals
Speaking of….. STILL no 9mm ammo at walmart. (Just got back from there)
THey haven’t had 9mm ammo at Walmart for at least a month.
None.
THey have maybe 2 dozen boxes of .22, and maybe a dozen boxes of .40
A couple rifle cartidges and a bunch of shotgun shells.
Handgun ammo is nearly nonexistant.