Obama says he's pro environment

[ZeGermans]

http://online.wsj.com/article/...74346610120524166.html

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.

blah blah blah retarded WSJ article. Anyways hey if it's off the coast of another country it doesn't count right liberals?

 

[RyanPaulShaffer]

Originally posted by: ZeGermans
http://online.wsj.com/article/...74346610120524166.html

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.

blah blah blah retarded WSJ article. Anyways hey if it's off the coast of another country it doesn't count right liberals?

Did someone hack ZeGermans' account?

I am confused by this topic!

 

[JS80]

Originally posted by: RyanPaulShaffer

Originally posted by: ZeGermans
http://online.wsj.com/article/...74346610120524166.html

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.

blah blah blah retarded WSJ article. Anyways hey if it's off the coast of another country it doesn't count right liberals?

Did someone hack ZeGermans' account?

I am confused by this topic!

I guess at least he's not a hypocrite.

 

[ZeGermans]

Obama is a piece of shit that has liberals eating out of his hand with his words and hasn't done a god damn thing to earn it.

 

[heyheybooboo]

No one at the WSJ was willing to put their name on the article.

What they most likely missed is that the loan to Petrobras will be used to purchase goods, services and technology from US-based companies.

Funny how they didn't mention that, huh ??

 

[JS80]

Originally posted by: heyheybooboo
No one at the WSJ was willing to put their name on the article.

What they most likely missed is that the loan to Petrobras will be used to purchase goods, services and technology from US-based companies.

Funny how they didn't mention that, huh ??

What does that have to do with the fact that he's a hypocrite?

 

[Fingolfin269]

Better to invest in Brazil than the ME? I'm not quite sure what other rationale would be at work here.

 

[OCGuy]

With how far SA is going left, I wouldnt invest a cent down there. You may get another crackpot dictator "nationalizing" your hard earned profits.

 

[heyheybooboo]

Originally posted by: JS80

Originally posted by: heyheybooboo
No one at the WSJ was willing to put their name on the article.

What they most likely missed is that the loan to Petrobras will be used to purchase goods, services and technology from US-based companies.

Funny how they didn't mention that, huh ??

What does that have to do with the fact that he's a hypocrite?

LOL

Forum policy prevents me from expressing my opinion on your trash talking.

What part of the Ex-Im Bank "direct loan or loan guarantee" that will be used to purchase goods, services and technology from US-based companies do you not understand?

And tell me, how exactly do you know that Obama approved this and why this makes Obama a hypocrite?

For all we know this process started during the Bush Administration.

And by the way, here is the news release from May 7, 2009, on the approval of the project.

Gosh. The WSJ wouldn't be taking this opportunity to take a free shot at Obama now, would they?


What else yah got?



edit: Ooops! I forgot ...

Here is a link to the other 39 projects approved by the Ex-Im Bank this year. Did Obama personally approve each of them?

 

[RyanPaulShaffer]

Originally posted by: OCguy
With how far SA is going left, I wouldnt invest a cent down there. You may get another crackpot dictator "nationalizing" your hard earned profits.

Private company profit is a bourgeois concept.

 

[JS80]

Originally posted by: heyheybooboo

Originally posted by: JS80

Originally posted by: heyheybooboo
No one at the WSJ was willing to put their name on the article.

What they most likely missed is that the loan to Petrobras will be used to purchase goods, services and technology from US-based companies.

Funny how they didn't mention that, huh ??

What does that have to do with the fact that he's a hypocrite?

LOL

Forum policy prevents me from expressing my opinion on your trash talking.

What part of the Ex-Im Bank "direct loan or loan guarantee" that will be used to purchase goods, services and technology from US-based companies do you not understand?

And tell me, how exactly do you know that Obama approved this and why this makes Obama a hypocrite?

For all we know this process started during the Bush Administration.

And by the way, here is the news release from May 7, 2009, on the approval of the project.

Gosh. The WSJ wouldn't be taking this opportunity to take a free shot at Obama now, would they?


What else yah got?

Direct or indirect, ultimate result is financing offshore drilling.

 

[heyheybooboo]

Originally posted by: JS80


Direct or indirect, ultimate result is financing offshore drilling.

Would you perhaps know how much profit Exxon made the past 4 years?

And why would they need a loan guarantee from Uncle Sugar ??

 

[JeffreyLebowski]

Originally posted by: heyheybooboo
No one at the WSJ was willing to put their name on the article.

What they most likely missed is that the loan to Petrobras will be used to purchase goods, services and technology from US-based companies.

Funny how they didn't mention that, huh ??

N/M saw your later posts.

 

[BurnItDwn]

You can be "pro environment" and "pro oil drilling" .....
"Pro environment" doesn't mean that you will sacrifice everything else for the sake of the environment.

I would consider myself to be "pro-environment", but I support more drilling. I am simply less "pro environment" than "pro American economic security."

Perhaps Obama feels that the slight boost that this could provide to the American economy outweighs the toll that nature will take.

The world is not black and white after all.

 

[JS80]

Originally posted by: BurnItDwn
You can be "pro environment" and "pro oil drilling" .....
"Pro environment" doesn't mean that you will sacrifice everything else for the sake of the environment.

I would consider myself to be "pro-environment", but I support more drilling. I am simply less "pro environment" than "pro American economic security."

Perhaps Obama feels that the slight boost that this could provide to the American economy outweighs the toll that nature will take.

The world is not black and white after all.

By that standard W was a shining star for pro-environment.

 

[Atheus]

Originally posted by: BurnItDwn
You can be "pro environment" and "pro oil drilling" .....
"Pro environment" doesn't mean that you will sacrifice everything else for the sake of the environment.

I would consider myself to be "pro-environment", but I support more drilling. I am simply less "pro environment" than "pro American economic security."

Perhaps Obama feels that the slight boost that this could provide to the American economy outweighs the toll that nature will take.

The world is not black and white after all.

You could even be pro environment, but not believe in man-made global warming, in which case you can drill as much oil as you want, so long as you preserve the rainforests and the oceans ets.

 

[BurnItDwn]

Originally posted by: JS80

Originally posted by: BurnItDwn
You can be "pro environment" and "pro oil drilling" .....
"Pro environment" doesn't mean that you will sacrifice everything else for the sake of the environment.

I would consider myself to be "pro-environment", but I support more drilling. I am simply less "pro environment" than "pro American economic security."

Perhaps Obama feels that the slight boost that this could provide to the American economy outweighs the toll that nature will take.

The world is not black and white after all.

By that standard W was a shining star for pro-environment.

Completely unrelated topic, and I don't want to troll here, so I'll just say this. My strong dislike for GWB has nothing to do with his environmental policies.

 

[CPA]

Oh, well, I'll be, seems that W isn't the only one who used oil to benefit his friends.

Seems that Obama's buddy George Soros repositioned his Brazil Oil investments days before the funding. The new investment will give him 10% more in dividends.

 

[Cuda1447]

Can someone ban zegermans already, its obvious he's a troll. He just made this post to get attention for himself.

 

[GoPackGo]

Originally posted by: CPA
Oh, well, I'll be, seems that W isn't the only one who used oil to benefit his friends.

Seems that Obama's buddy George Soros repositioned his Brazil Oil investments days before the funding. The new investment will give him 10% more in dividends.

Lets just move on, would you?

 

[WhipperSnapper]

He says he's pro-environment...then he wants amnesty for illegal aliens and doesn't want to crack down on illegal immigration nor reduce the amount of legal immigration. What part of "more people means more pollution and a greater strain on the environment" does he not understand?

 

[Triumph]

Off shore drilling is bad for the environment? Maybe local environment, in the 1 acre of area that it covers out of the 3,608,687,080,000,000 square feet of ocean covering the earth.

 

[bamacre]

"Pro environment?"

Is anyone "anti-environment?"

 

[TheSkinsFan]

I find absolutely nothing wrong with offshore drilling -- or any responsible modern drilling for that matter -- and would encourage Obama to support as much of this as he possibly can.

 

[Orignal Earl]

I support giving my hard earned money over to a oil company a thousand times more then giving something like healthcare to my neighbor