Obama Remembers His Friends Too!

by Frank Fantozzi on February 18, 2010

Obama underwrites off shore oil drilling in BRAZILPresident Obama
This is another example why as educated and hopefully informed Americans we cannot be gullible and believe everything reported in the news on ABC, NBC, CBS, or MSNBC. We always need to challenge the “facts” and dig beneath the surface. Remember the “iceberg” analogy. What you see above the water can be deceiving as to what lies below it.

In a recent segment of the “Glen Beck Show” on FOX (Fox Cable News) was the following:  

“Today, even though President Obama is against off shore drilling for our country, he signed an executive order to loan 2 Billion of our taxpayers dollars to a Brazilian Oil Exploration Company (which is the 8th largest company in the entire world) to drill for oil off the coast of Brazil! The oil that comes from this operation is for the sole purpose and use of China   and NOT THE USA! Now here’s the real clincher…the Chinese government is under contract to purchase all the oil that this oil field will produce, which is hundreds of millions of barrels of oil”. 

What do we have to gain from this transaction? Wait, it gets more interesting. 

Guess who is the largest individual stockholder of this Brazilian Oil Company? It is American BILLIONAIRE, George Soros, who was one of President Obama’s most generous financial supporters during his campaign. 

Can you now begin to connect the dots and follow the money?  Not a word of this transaction was broadcast on any of the other news networks!  Maybe there is some truth that the Press (TV, Radio, Internet and Newspapers) can help elect a President.

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