Am I misreading this! This is so very wrong!
I find it curious that while President Obama is adamantly against off shore drilling for our own country the good old USA, 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 will come 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.The US gains absolutely nothing from this transaction whatsoever! Wait, it gets more interesting. Guess who does?
The largest individual stockholder of this Brazilian Oil Company that’s who, do you know who that is? Why BILLIONAIRE, George Soros, that’s who!
Gee, wasn’t he one of President Obama’s most generous financial supporter during his campaign? I’m shocked!
How come this isn’t front page news?In every paper in America?
Below is the Wall Street Journal article to confirm this.
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html
