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Saturday, August 22, 2009

Palin gets it right

Which would make Obama wrong.  Again.

UPDATED - The Soros Connection

One of these people is an idiot

“ The Export-Import Bank has proposed a $2 billion loan to a Brazilian oil company to fund oil drilling and development by a state-owned company, hurting American workers, oil companies, and the country’s energy independence. Sarah Palin sees this is as a rather self-defeating strategy.

After the idea went public, Palin quickly noted that President Obama wants to use American dollars to pay salaries and benefits to Brazilians — to state-owned oil company, Petrobras, at that — to the detriment of our own country. (cont)
 ”
BUT WAIT! THIS JUST IN
Teapot Dome on Steroids?
“ Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro SA in the second quarter, making the Brazilian state-controlled oil company his investment fund's largest holding.

There is another interesting aspect to this development. Could it be just 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?

See Bloomberg Story: Soros Hedge Fund Bought Petrobras Stake Worth $811 Million
http://www.bloomberg.com/apps/news?pid=20601086&sid=aFHPjfeUvtl8

 ”
C/R
at

8 comments:

  1. Cuzzin Rick8/22/09, 8:08 PM

    Do a bit more research, and check out the Soros / Petrobras connection

    ReplyDelete
  2. gregor8/22/09, 8:34 PM

    Yeah, Cuzzin Rick beat me to it, Soros just invested 811 Million in Petrobas -
    http://www.bloomberg.com/apps/news?pid=20601086&sid=aFHPjfeUvtl8

    ReplyDelete
  3. Anonymous8/23/09, 2:38 AM

    clear malfeasance of office can we hang him now?
    Just done talking with a friend who works on the north slope he and all his coworkers just had to take a 3% pay cut. Alaska is ready to drill & pump oil WITHOUT FEDERAL MONEY>
    RAK

    ReplyDelete
  4. Anonymous8/23/09, 2:46 AM

    could this be considered insider trading?

    Thor~

    ReplyDelete
  5. Anonymous8/23/09, 9:04 AM

    RE: ... just a few days before Obama committed $2 billion...

    Anything they do is probably more corrupt than we can imagine BUT...

    Check the bottom of that Bloomberg story and it says:

    Last Updated: August 15, 2008 05:13 EDT

    Laurence

    ReplyDelete
  6. pdwalker8/23/09, 9:05 AM

    hey, c'mon now. Soros needs a return on his investment, no?

    ReplyDelete
  7. Anonymous8/23/09, 9:25 AM

    3, 2, 1...."Halliburton!! Halliburton!!! Eeeeeeeevil Cheney!!!"

    ReplyDelete
  8. Anonymous8/23/09, 12:20 PM

    I guess that The One is officially in cahoots with big oil. Not the pipsqueak, mom and pop operations that Bush and Cheney were accused of, but really Big Oil.

    Yat

    ReplyDelete

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