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Gov Palin Called It: Obama Loans $10 billion & Soros Invests $811 Million In Petrobas
Posted by citizens4palin on August 22, 2009
On Wednesday, August 19, 2009 Governor Palin commented on Obama Sending Billions Overseas To Appease Environmentalists. She asked why we are spending billions apparently saw that something was fishy. She questioned why the US is investing even $1 overseas for energy when we have a huge need at home and the same exact energy resources available. Well now we know! Obama & cronies have guaranteed $10 billion in loans to Pertrobas for non other then to help he favorite socialist, George Soros. Soros invested $811 million in the same company becoming the largest share holder. He must have an inside source?
Bloomberg reported Obama Financier George Soros bought a $811 million stake in Petrobas Brazil SA, making the Brazilian state-controlled oil company his investment fund’s largest holding. As of June 30, the stake in Petrobras, as the Rio de Janeiro-based oil producer is known, made up 22% of the $3.68 billion of stocks and American depositary receipts held by Soros Fund Management LLC, according to a filing with the U.S. Securities and Exchange Commission. Petrobras has since slumped 28%.
Oddly enough, Oil Online reported Pertobas has secured a loan of 10 billion in US tax dollars from Obama:
The U.S. government is prepared to provide up to $10 billion in loans to finance the development of massive hydrocarbon reserves off Brazil’s coast, a Brazilian official said Wednesday.
Obama’s national security adviser, Gen. James Jones, discussed the matter with officials this week during a visit to the South American country, Brazilian Planning Minister Paulo Bernardo da Silva told reporters. He said the U.S. Export-Import Bank already has signed a letter of intent in that regard with Brazilian state oil company Petrobras.
Coincidence or dirty politics? It looks like Obama is once again paying back his friends. I hope everyone likes the “Change.” God help us all!
Originally Posted At:
Sarah Palin will Replace Obama as President in 2012; TeamSarah is On Deck « VotingFemale Speaks! said
[…] Underground Conservative: David Vs. Goliath: The Rematch and Gov Palin Called It: Obama Loans $10 billion & Soros Invests $811 Million In Petrobas and Push Polling Sarah […]
Sttephen F. Ashcraft said
And we should be suprised? Obama is doing exactly what he said he would do with his “change”.
While republican leadership thought they could camoflage thier own milk-toast middle of the road positioning and point and the various red-herrings provided by Obama during the campaign, the media outmaneuvered the beltway appeasers. Careerist politicians are the bane of this country and the scarecrow republican leadership worries about themselves, ignoring the great fields of freedom the are entrusted to protect.
If they only had a heart.
Too many conservatives have waited far too long before raising thier voices and now we have to shout to be heard.
Well then I’ll shout for a return to conservative, constitutional Jeffersonian government and to put America back on track.