Tuesday, September 29, 2009

Obama' s Big Payoff to Supporter and Oligarch Soros

Billionaire investor, globals scale manipulator, and Obama supporter, George Soros, bought an $811 million stake in Petroleo Brasileiro (Petrobras) in the second quarter of 2009, making the Brazilian state-controlled oil company his investment fund’s largest holding.

As of June 30, the fund's stake in Petrobras made up 22 per cent of the $3.68 billion of stocks held by Soros Fund Management, according to a filing with the SEC. Twenty-ywo per cent!!

Since then the U.S. government has indicated that it will provide up to $10 billion in loans to finance the development of massive hydrocarbon reserves off Brazil’s coast.

President Barack Obama’s national security adviser, Gen. James Jones, discussed the matter with officials during a visit in August to Brazil, Brazilian Planning Minister Paulo Bernardo da Silva told reporters.

He said the U.S. Export-Import Bank already has signed a letter of intent in that regard with Brazilian state oil company Petrobras.

7 comments:

  1. Obama looks more like Bush with each passing day. A few big supporters of Obama are leaving the U.S. Chamber of Commerce:

    http://blogs.wsj.com/environmentalcapital/2009/09/28/out-the-door-exelon-leaves-chamber-of-commerce-over-climate-policy/

    Will they end up at Business Forward, the Blue version of K Street?

    I thought Bush would turn his head as Israel attacked Iran's nuclear facilities, before sending U.S. forces to contain any blowback. It looks like Obama will do it.

    Obama's a quick study, offering Bush level corporfornication to his buds.

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  2. I can't wait to see this story on NBC.

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  3. Although it helped Soros, the U.S. government had, in my view, bigger purposes with this "investment". I believe it was made in response to an earlier Chinese loan of 10 billion (Reals?) to Petrobras in return for 200,000 barrels of oil per day.

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  4. Peter,

    The point still is that Soroa Somehow knew only weeks earlier to plow 22% of his fund into Petrobas.

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  5. On 5/19 Petrobras announced a $10 billion development loan from China in return for 200K barrels of oil/day.
    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aR8BAFRqTRKY
    On 7/30 Petrobras announced they would raise their borrowings from the U.S. Export-Import Bank from $2 billion to as much as $5 billion.
    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aogq9sBiBhYo
    I'm not saying Soros didn't know about the second investment in advance; I'm saying that the geopolitical contest with China for oil is the most important objective for the U.S. government.

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  6. What's that line about you lay down with dogs you're bound to catch fleas?! Brasil, watch your...

    As for SOROS, he's a well-known 2-LEGGED DOG WITH MUCHO FLEAS!

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  7. Afican Americans better shape up and realize Obama's color is just MAKE-UP. He is and will be A PRIME-TIME 'SELL-OUT' of ALL Americans regardless of color.

    No question in my mind his Moher would be profoundly ashamed of his corruption of the Value System she bequethed to him...He's a sone cold failure as a leader and a man.

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