Soros invests in Petrobras; Immediately Obama Loans Petrobras $10,000,000,000 !!! – President Obama Finances Offshore Drilling in Brazil

November 11, 2010

You read that headline correctly. Unfortunately, the Obama Administration is financing oil exploration off Brazil.

The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.

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.

But look on the bright side. If President Obama has embraced offshore drilling in Brazil, why not in the old U.S.A.? The land of the sorta free and the home of the heavily indebted has enormous offshore oil deposits, and last year ahead of the November elections, with gasoline at $4 a gallon, Congress let a ban on offshore drilling expire.

The Bush Administration’s five-year plan (2007-2012) to open the outer continental shelf to oil exploration included new lease sales in the Gulf of Mexico. But in 2007 environmentalists went to court to block drilling in Alaska and in April a federal court ruled in their favor. In May, Interior Secretary Ken Salazar said his department was unsure whether that ruling applied only to Alaska or all offshore drilling. So it asked an appeals court for clarification. Late last month the court said the earlier decision applied only to Alaska, opening the way for the sale of leases in the Gulf. Mr. Salazar now says the sales will go forward on August 19.

This is progress, however slow. But it still doesn’t allow the U.S. to explore in Alaska or along the East and West Coasts, which could be our equivalent of the Tupi oil fields, which are set to make Brazil a leading oil exporter. Americans are right to wonder why Mr. Obama is underwriting in Brazil what he won’t allow at home.

…and the irony is that Brazil is allied with Iran and Turkey. So we are investing to help an enemies economy and not investing in our own? one might think that Obama wasn’t on America’s side. I hope the interest to the loan to Brazil is tied to the number of Israelis that die because of Obama’s policy of helping our enemies.

Posted via web from noahdavidsimon’s posterous

Leave a Comment » | Alaska, Brazil, Brazil's Tupi oil field, Ex-Im Bank, George Soros, Ken Salazar, oil exploration, WHERE THE NUTS COME FROM | Permalink
Posted by Noah Simon

Alaskan Jihad

August 24, 2010

This ticking time bomb was a follower of Anwar al-Awlaki, the scumbag behind the Fort Hood jihadist and the Christmas Day undies bomber and was apparently intent on carrying out hits on some 20 people, including members of the media and military, who weren’t named. If his enemies were perceived enemies of Islam, it’s safe to say his media target or targets are likely well-known people on the right. Just a hunch.

Prosecutors alleged that Paul Rockwood, also known as “Bilal,” converted to Islam about a decade ago and began studying the teachings of American-born cleric Anwar al-Awlaki, who has professed hatred for the United States and supports acts of terrorism. The couple then moved to King Salmon, where he worked for the National Weather Service.
“While in Alaska, Rockwood researched and discussed methods of execution often at great length and in significant detail, components for mail bombs were purchased, the targets had been selected and a loose time line was established,” assistant U.S. attorneys Steven Skrocki and Bryan Schroder wrote in their sentencing memo.
Prosecutors said he gave the list of targets to his wife in April, and she carried it on a trip to Anchorage, where the FBI obtained it.

Curiously while the husband got eight years, the wife mysteriously walks and gets to return to her native England.

Paul Rockwood Jr., along with his wife, Nadia, faced counts of lying to FBI agents when questioned about the list of 20 targets in May. They pleaded guilty to domestic terrorism charges last month, the first time such charges were brought in Alaska under the Patriot Act.
It was enacted after the Sept. 11 terrorism attacks on the World Trade Center and the Pentagon.
The length of Rockwood’s sentence was the maximum penalty for the crime. His 36-year-old wife, who holds dual citizenship in the U.S. and United Kingdom, was sentenced to five years probation.
She will be allowed to return to her native country and take care of the couple’s 4-year-old child.
Authorities said Paul Rockwood, 35, of King Salmon, converted to Islam about a decade ago and followed the teachings of a cleric who supports acts of terrorism and espouses hatred for the United States. The alleged hit list include members of the military and media.

I think when they’re convicted we can stop using the word alleged.

wait… Alaska? Sarah Palin Alaska?
Is there an Alaska Michigan that I was unaware of?

noahdavidsimon’s posterous

Leave a Comment » | Alaska | Permalink
Posted by Noah Simon