Obama Devotes Our Money to Oil Exploration — By Brazil

The Moonbat Messiah must have had an epiphany: the economy requires energy, and it won’t be coming from windmills or pixie dust. Shifting emphasis from the draconian drilling restrictions demanded by antihuman environmental extremists, he is actually underwriting oil exploration with tax money that would normally be devoted to salt marsh harvest mice and payoffs to ACORN.

But wait — the money is going to Petrobras, Brazil’s state-owned oil company.

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.

The massive oil reserves off our east and west coasts will remain untouched, so long as the radical left calls the shots in Washington.

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We may have to make do with the windmills and pixie dust after all. But at least we’ll have the satisfaction of knowing that Brazil’s energy needs will be met.

By the way, Obama sponsor and puppeteer George Soros has invested heavily in Petrobras.


On tips from J, Refuter of Liberal Vermin, hiram, BURNING HOT, and Stephana. Cross-posted at Moonbattery.

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