TheJOTUS

The Jim of the United States

Obama/Democrats: Energy Independence Is Just A Campaign Slogan To Us

Posted by TheJOTUS on August 19, 2009

Remember during the campaign when Obama was trying to tout his assinine clean energy plan?  Or what about his insistance, then and now, on our cutting back on our use of fossil fuels?  As expected, it’s all bullshit:

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.

One can’t highlight enough the absurdity of backing a Brazilian oil company for off shore drilling when the company is 1) not American and 2) Again, Obama’s vehement opposition to off shore drilling during his campaign.

Infact, it was him and his democratic allies in Congress who have cockblocked exploration of American oil fields off both shores for decades.  Obama insists by drilling off our own coast, we would only feed our addiction to oil.  Yet he has no trouble committing $2 Billion of our money for Brazil to drill off its own coast???

no zone 

Hey here’s an idea.  In an economy that is supposedly the worst in the history of man, where we are losing hundreds of thousands of jobs a month, why not do this:  Let American companies do what Obama is paying Brazilian companies to do, *GASP* drill offshore.   We will in fact, make money while creating hundreds and hundreds of thousands of high-paying jobs in the US, and thus strengthening the United States.

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