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Obama Boss George Soros Ready To Profit From Oil Disaster

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posted on Jun, 16 2010 @ 07:19 AM
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.

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.

posted on Jun, 16 2010 @ 09:03 AM
Here is a little more on the Obama loan to Brazil and the Soros connection

His New York-based hedge-fund firm, Soros Fund Management LLC, sold 22 million U.S.-listed common shares of Petrobras, as the Brazilian oil company is known, according to a filing today with the U.S. Securities and Exchange Commission. Soros bought 5.8 million of the company’s U.S.-traded preferred shares.

Soros is taking advantage of the spread between the two types of U.S.-listed Petrobras shares, said Luis Maizel, president of LM Capital Group LLC, which manages about $4 billion. The common shares were 21 percent more expensive than preferred today, according to data compiled by Bloomberg. …

Petrobras preferred shares have also a 10 percent additional dividend, said William Landers, a senior portfolio manager for Latin America at Blackrock Inc.

“Given that there will most likely never be a change in control in the company, I see no reason to pay a higher price for the common shares.” Brazil’s government controls Petrobras and has a majority stake of voting shares.

Is it a coincidence that Obama backer George Soros repositioned himself in Petrobras to get dividends just a few days before Obama committed $2 billion in loans and guarantees for Petrobras’ offshore operations? Hmmmmmmmmmm.

Good news: Obama backs off-shore drilling! Update: A Soros connection?

posted on Jun, 21 2010 @ 07:57 AM
So is this the reason for Obamas moratorium on drilling? Those rigs will not just sit there waiting for us to start drilling again they are way to expensive, they will be leased out. To whom you ask? Brazil that's who.

So obama says he wants us to stop drilling, because he wants to make sure that the rigs are safe so as to avoid another spill polluting our waters, but what about Brazil? They will be drilling deeper than the DWH.

Obama doesn't care about the environment or the oceans, he only wants to help his buddy George, why else would he give them 2 billion to get started. This is a crock of S*@%. I am so freakin furious, Obama stops our drilling and puts thousands out of work while spreading the wealth to other countries, why does this ring a bell? oh yeah, because we told people so, Obama hates this country and is trying to destroy it.

posted on Jun, 21 2010 @ 08:28 AM
Rational people - After finding out that there is no way to stop a deep underwater well from spewing out oil in a emergency, we should stop all offshore drilling until the safety technology improves.

Irrational right wing conservatives - See! See! look this is all a sham so George Soros "The king Boss" can make money with his Global Climate Change Hoax. Obama must hate this country so much that he decided to live here, go to school here, get all those fancy jobs and worked his tail off just so he could run it. Then he would spend his time destroying it. Yeah, yeah I knew I was right.

I swear to almighty God that right wing media is rotting the brains of Americans.

[edit on 21-6-2010 by AllexxisF1]

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