Well, we have all talked about those who stand to make a profit from our current crisis in the Gulf and with a new drilling nix in the works it would
seem like the players are slowly making their well calculated moves.
Perhaps this is why drilling in Alaska is off the table–it would actually keep America safe and strong and won’t make Obama Boss George Soros
even richer than he is now.
Interestingly, it seems the more trouble we have, the better it is for Soros. Last year, Soros noted he was “having a very good crisis” having bet
against the United States and profiting from her economic downturn.
Now we learn Soros is set to be one of the biggest beneficiaries of the Gulf oil catastrophe. With Obama’s ‘moratorium’ and the Obama Admin’s
general hostility to drilling, it’s reported many oil companies have already looked into with Brazil regarding a move those shores. And what is
Soros principally invested in right now? Petrobras, the Brazilian state oil company.
Obama’s Boss Sees Silver Lining in BP Spill
Reuters is reporting that Brazil stands to benefit from the BP oil spill catastrophe as the US moratorium makes more rigs available for other
countries.
Even as an ecological catastrophe makes the future of U.S. offshore drilling less certain, Brazil is plowing ahead with a $220 billion five-year
plan to tap oil fields even deeper than BP’s ill-fated Gulf well, which is still leaking crude.
It’s estimated that thirty five rigs are now sitting idle in the Gulf of Mexico. Brazil is already getting inquiries from companies wanting to
move their rigs there. Brazil’s state oil company, Petrobras already produces about a fourth of the world’s deep water oil…
The shortage of rigs could help Brazil become a major oil exporter.
What an amazing stroke of good fortune for Obama’s boss, unrepentant Nazi collaborator, George Soros! Soros is also invested in offshore oil
drilling in Brazil, assisted by the American taxpayers.
Soros Fund Management, LLC holds a stake in Petrobras of approximately $900 million as of December 31, 2009.
George Soros’ principal investments are in oil; one in particular is Petrobras, the Brazilian-owned company. This happens to be the largest
investment in the Soros portfolio at the present time.
Soros also owns quite a lot of real estate in Brazil. Soros’ Adecoagro, which invests in renewable energy, owns or leases about 840,000 acres of
farmland in Argentina, Brazil and Uruguay growing coffee, soybeans and other commodities. Royal Dutch Shell Plc and Bunge Ltd. Are also expanding into
ethanol in Brazil.
When you get to boss the president around, you never have to let a good crisis go to waste.
OPEN YOUR EYES nice and wide for this next bit because I forgot all about this nugget of info.
UPDATE: Dan in comments reminded me of the $2 billion loan deal Obama made to Brazil last year, furthering the connection between Obama, our tax
dollars, and Soros’ business. here’s the WSJ’s take on the matter on August 18, 2009
Obama Underwrites Offshore Drilling
Too bad it’s not in U.S. waters.
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.
tammybruce.com...
Let's not forget that just as this nation is poised to shut down domestic drilling other nations are expanding their drilling efforts right in our
back yard in some cases. ie. Russia and China drilling off of Cuba. Furthermore, China is one of those nations who is going gangbusters with drilling
elsewhere. Check out CNOOC's operations in Uganda and their new Deepwater rig that is about to go online in the 4th quarter.
My head is spinning here. Obama is demonizing BP when in fact BP officials were involved in Cap and Trade development. It's all for show in the
great big Obama administration dog and pony show. Obama's tough kick ass talk looks good on paper and in interviews. That's all he is there for
anyway because their is no substance beneath his rather thin skin.