Sunday, 13 June 2010


Any doubts I had that the OBUMMER MAN was up to no good over the BP thing have just been dissolved away with the reading of this piece...

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

full story The Astute Blogger

Read it and weep, theres always a paper/money trail to these rich politico's dealings/ I suprised...Nah!!!

Dammit I can't find a 'follow' button on the site!


Barking Spider said...

That's the one, mate - always follow the money! ;-)

BTW, if you want to follow a blog and there's no "Follow" button, the thing to do is....

Visit the blog, copy the URL, go to your own dashboard and scroll down to "Blogs I Follow", click the "Add" button and paste the URL into the window that appears and OK it - job done.

Indyanhat said...

Thanks Spidey! will I ever get the hang of this teknologie stuff!!!

Amusing Bunni said...

Hi Indy! This is a great post.
I first found out about all this today, what a dirty
bunch of crooks and traitors these scums are.

I send the article to drudge report, I hope they pick
up on it too!

That was nice advice Spidey gave for following.
I hope things are well with you!

Indyanhat said...

Hey Bunni,
How you doing, it was a nice find over at Astute Bloggers, and did follow my line so well,only I could not back up my hunch/gut feeling, it was just I know thats the way they work! To see it laid out for me like that was a nice little pat on the back really!
Yeah Spidey's a real nice guy helping an old dinosaur like me find his way round the blogosphere, I have much to learn yet I fear but it is slowly coming together!!!