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August 19, 2009

Obama Devotes Our Money to Oil Exploration — By Brazil

The Moonbat Messiah must have had an epiphany: the economy requires energy, and it won't be coming from windmills or pixie dust. Shifting emphasis from the draconian drilling restrictions demanded by antihuman environmental extremists, he is actually underwriting oil exploration with tax money that would normally be devoted to salt marsh harvest mice and payoffs to ACORN.

But wait — the money is going to Petrobras, Brazil's state-owned oil company.

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.

The massive oil reserves off our east and west coasts will remain untouched, so long as the radical left calls the shots in Washington.

We may have to make do with the windmills and pixie dust after all. But at least we'll have the satisfaction of knowing that Brazil's energy needs will be met.

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On tips from J, Refuter of Liberal Vermin, hiram, BURNING HOT, and Stephana.

Update:

It's starting to make sense: Obama sponsor and puppeteer George Soros has invested heavily in Petrobras.

Posted by Van Helsing at August 19, 2009 7:27 AM

Comments

Don't forget that Barry Odumbo sent the money after his good buddy Sorros invested heavily into petrobras.

Posted by: Stephana at August 19, 2009 7:41 AM

This is un-fucking-believable.

Posted by: Smoke TNT at August 19, 2009 10:08 AM

You forgot a NO zone....
America's third coast,the Great Lakes

Posted by: Third Coast at August 19, 2009 10:23 AM

Frankly i hope some greenpeace wackos go to brazil and the toucans and quetzals peck their eyes out

Posted by: Spurwing Plover at August 19, 2009 1:04 PM

We certianly need a area where moonbats and greenfreaks are not sticking their big fat noses into

Posted by: Flu-Bird at August 19, 2009 4:03 PM

This sounds like just a huge money laundering operation to reimburse a large Dem donor for his investment in the election. Nixon was taken down by the "follow the money" mantra after Watergate. I wonder if the press will be as interested in this.

Posted by: ScottJ at August 19, 2009 8:28 PM

And guess who has a stake in Petrobras?
George Soros
I know you are as surprised as I am

Posted by: ToddonCapeCod at August 20, 2009 5:33 AM

Upwards of an $800 million stake at that... Convenient huh?

Posted by: Anonymous at August 20, 2009 6:56 AM

Bammy just doing what the boss told him to do.

Posted by: IOpian at August 20, 2009 7:54 AM

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