Saturday, August 8, 2009

The Untouchables

Now, you would think that far-left-Liberal administrations like that of Controversial leader BarryHuss Obama, would be unwilling to loan even one dollar to "Big Oil".

... the hated, cruel, unecological, profiteering Big Oil companies. Nancy Pelosi told me so.
And given all Obama's constant rhetoric on green jobs, green energy sources of wind, solar and Global warming the last two years, the prospect that "Big Oil" would become the next "Evil American corporation of the Month", after a) Wall Steet; b) the automakers and now c) the Insurance industry, seemed a cinch.


WELL, you and I would be wrong.
It seems that the U.S. government is prepared to provide up to $10 Billion in loans to finance the development of massive, off-shore, hydrocarbon reserves.
The government appears eager to spend another 10 Billion of taxpayer/borrowed bucks, loaning to.... BRAZIL.


Yep. Production to begin in Brazil's estimated 80-billion bbl deep Atlantic field, in 2013 or later.

Meanwhile an estimated 240-billion-bbl field lies untouched in nothern states Montana, Wyoming, North and South Dakota, Colorado and the province Saskatchewan . There's a untouched huge field in ANWR in Alaska. And offshore Florida and California.
Or should I say "untouchable"?

5 comments:

Most Rev. Gregori said...

YES SIR, SCREW AMERICA AGAIN!

The Local Malcontent said...

Yeah, it sure appears hypocritical on it's face, eh?

Gotta keep those Brazilians employed, not Americans~

ABNPOPPA said...

You know he is so hooked up with South America why doesn't he move down there? He could run a small country into the ground and no one would notice or care! What a mess we gotten ourselves into!

Pops

Christopher Willis said...

The US Giverments job is not to dole out funds to anyone. I re-read the Bill of Rights and did an overview of the Constitution and I see nothing that could be used to allow the US Giverment the power to take monies out of the pockets of citizens and pass it to a for-profit organization to help said organization in its money making endeavors.

This is the scope of government for our nation:

We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.

Spitfire said...

And anyone is surprised by this for what reason?! Obama has made it painfully clear that he has no clue what his job responsibilities are and doesn't want to know. He's going to do what he wants to do and completely ignore the Constitution of this country.
Papa, I'm more than ready for you to beam me up!!!! This is getting past the stupid stage. Shalom.