Obama is having the US Import Export Bank loan a bunch of dough to Petrobras-OFFSHORE DRILLING in Brazil. Soros is the beneficiary. The libs say that this is not tax money, they even created a factcheck page about it. The Import/Export Bank doesn't make it clear where they get their financing inventory from.
Obama is loaning them money to drill offshore so they can sell oil to us! Instead of us drilling for our own oil.
So how does any one offshoring oil company even reflect a stock decline when both China & India are both in the market for oil? Soros closed and reopened his position in Petrobras in August.
Soros blames Ethanol taxes from both the US and Europe. Um, whatever happened to drilling in Alaska?
What happened to the drilling in Utah?
The Department of the Interior has frozen oil and gas development on 60 of 77 contested drilling sites in Utah, saying the process of leasing the land was rushed and badly flawed.
That would've been great for the US Economy. The Alaskan Wilderness League and Natural Resources Defense Council are both non-profits! Is anybody suprised?
They owe a big debt to Sugar Daddy for getting Obama into office. Mind you, this has nothing to do with helping the U.S. Economy, helping the \the US Dollar get it's value back, nor does this help the American unemployment rate or the American citizens.
Now Brazil gets the Olympics & their economy is being hyped (pump and dump for Soros!).
Remember, Soros also hangs out with Russia (see Open Society Institute), but the liberals aren't saying one thing about them drilling offshore.
Brazil and Russia are a part of BRIC (Brazil, Russia, India and China).
Isn't it funny how politics just seems like really bad theatre at this point?
BTW, China's auto sales are up 78% and China signs a trade pact with Russia.