FEBRUARY 9, 2010 10:39PM

Obama underwrites off shore oil drilling in BRAZIL .is this

Rate: 0 Flag

I get these emails everyday fr0m family memebers .Is any of this true ?


Obama underwrites off shore oil drilling in BRAZIL .
This is a perfect example why I refrain from watching the news on ABC, NBC, CBS, or MSNBC.
Today on a segment of the "Glen Beck Show" on FOX (Fox Cable News) was the following:
"Today, even though President Obama is against off shore drilling for our country, he signed an executive order to loan 2 Billion of our taxpayers dollars to a Brazilian Oil Exploration Company (which is the 8th largest company in the entire world) to drill for oil off the coast of Brazil ! The oil that comes from this operation is for the sole purpose and use of  China  and NOT THE  USA  ! Now here's the real clincher...the Chinese government is under contract to purchase all the oil that this oil field will produce, which is hundreds of millions of barrels of oil".
We have absolutely no gain from this transaction whatsoever!
Wait, it gets more interesting.
Guess who is the largest individual  stockholder of this Brazilian Oil Company and who would benefit most  from this? It is American BILLIONAIRE, George Soros, who  was one of President Obama's most generous financial supporter during his campaign.
If you are able to connect the dots and follow the money, you are probably as upset as I am. Not a word of this transaction was broadcast on any of the other news networks!

Your tags:

TIP:

Enter the amount, and click "Tip" to submit!
Recipient's email address:
Personal message (optional):

Your email address:

Comments

Type your comment below:
Another Glenn Beck lie. Another right wing media lie
Always assume they're lying, then check. After awhile, you get tired of checking as they constantly lie.

http://www.factcheck.org/2009/09/bogus-brazilian-oil-claims/