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Obama’s “Regime Change” of Socialist Control

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Why would Obama do this?

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.

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.

And this?

Soros Hedge Fund Bought Petrobras Stake Worth $811 Million

Aug. 15 (Bloomberg) -- Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro SA in the second quarter, making the Brazilian state-controlled oil company his investment fund's largest holding.

As of June 30, the stake in Petrobras, as the Rio de Janeiro-based oil producer is known, made up 22 percent of the $3.68 billion of stocks and American depositary receipts held by Soros Fund Management LLC, according to a filing with the U.S. Securities and Exchange Commission. Petrobras has since slumped 28 percent.

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."- Ayn Rand

“Your freedom to be you includes my freedom to be free from you.”

― Andrew Wilkow

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I'm sure you believe it, but to defend a poorly written, poorly argued blog article full of loaded language

it's not my bag.

I'll remind you of that the next time I see you defending a poorly written article full of loaded language ;)

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I'll remind you of that the next time I see you defending a poorly written article full of loaded language ;)

:rofl: :rofl: :thumbs:

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."- Ayn Rand

“Your freedom to be you includes my freedom to be free from you.”

― Andrew Wilkow

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Left or Right don't matter? Let me quote you back to you: The OP came from a Right Wing "Think Tank" (propaganda machine)

No doubt you will post something from the Right if it gives you an opportunity to demean the Right.

You conveniently left off the rest of my sentence: "The OP came from a Right Wing "Think Tank" (propaganda machine) that calls itself, Accuracy in Media, or AIM."

I'll post something from Conservative Think Tanks that I either agree with, or when there is a shift further to the Right from what was once their position.

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You conveniently left off the rest of my sentence: "The OP came from a Right Wing "Think Tank" (propaganda machine) that calls itself, Accuracy in Media, or AIM."

I'll post something from Conservative Think Tanks that I either agree with, or when there is a shift further to the Right from what was once their position.

You conveniently forgot that my post was aimmed at your statement that Left or Right was not the issue. Apparently it was when you typed "Right Wing".

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"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."- Ayn Rand

“Your freedom to be you includes my freedom to be free from you.”

― Andrew Wilkow

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Soros Hedge Fund Bought Petrobras Stake Worth $811 Million

Aug. 15 (Bloomberg) -- Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro SA in the second quarter, making the Brazilian state-controlled oil company his investment fund's largest holding.

As of June 30, the stake in Petrobras, as the Rio de Janeiro-based oil producer is known, made up 22 percent of the $3.68 billion of stocks and American depositary receipts held by Soros Fund Management LLC, according to a filing with the U.S. Securities and Exchange Commission. Petrobras has since slumped 28 percent.

hmmmm, where have i heard the name "soros" from before? :whistle:

* ~ * Charles * ~ *
 

I carry a gun because a cop is too heavy.

 

USE THE REPORT BUTTON INSTEAD OF MESSAGING A MODERATOR!

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S word is Socialism

all societies have it.

most people in the USA hate socialism because of it's negative affect on Capitalism

What makes America strong is the individualism of its citizens with a balance of both Socialism and Capitalism.

The Obama administation has left the building from it's views that mirroed most americans (the middle class and poor class) in it's effort to increase socialism.

The Adminstration is not in line with middle to big business because of the damage to capitalism to support their social agendas.

The way they are going about it is in media sensationalism as you call it.

For example: they stated they havent read the SB1070 bill but denounce it in the media to try and when support for their view through propaganda.

This is negative socialism and is not in line with the majority of the citizens of the USA.

He is seeking to tip the scales to far in the direction of Socialist control.

One more example: In a previous dicussion you were all about the rights of someone to fly another flag above the American flag and against the guy that broke the law to take it down.

In a socialist society the 1st person would not have the right to fly another flag and quite possibly could have been fined, arrested or worse. The second guy breaking the law more than likely would not recieve a fair trail or sentence.

This is the huge arguement of The adminstration going to far in socialism.

Socialism is not a legal concept. It is a cultural one. To draw conclusions about someone landing in jail if they are from a 'socialist' nation is quite a stretch.

Our journey together on this earth has come to an end.

I will see you one day again, my love.

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Is this not what US capitalism breads? Not the first I have seen a teenager behave in a similar fashion here either. Yet never seen the same overseas, ever.

Is Obama a Socialist, a Nazi, or a Commie? He can't be all 3, so you guys need to come to a consensus.

I think when someone doen't know the meaning of any, he can be all three.

According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

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Is Obama a Socialist, a Nazi, or a Commie? He can't be all 3, so you guys need to come to a consensus.

All three are just different brands of the same plan, i.e. National Socialist German Workers' Party, or the Union of Soviet Socialist Republics.

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