Obama To Brazil - Drill, Baby, Drill
Something Under The Radar
The Smirksalot Administration is becoming more famous over time for things that are going on under the radar and it it no thanks to The Lame Stream Media for their particular flavor of news coverage which consists on being a cheering section for lunacy. But if you've had the unfortunate experience of pulling up to the gas pump lately, I hope you didn't pee down your leg while gasping for air at the same time. This is one they can't blame on Bush. In fact, the very fact that a comparison of gas prices during the first two years of each Presidency serves to illustrate this point. Bush @ a minus 8%, Obama @ a plus 55% for you Bush blamers out there.
What the heck is this guy thinking? What did he do now, you ask? Becoming a frequently asked question, isn't it? This one flew completely under the radar with the majority Americans as the brush fire in Libya took the light of day off of it. Being a retired military mind, I learned long ago to keep my down looking radar on and pay attention to what they don't want me to see. Kind of like a human AWACS, only without all the amenities. So lets turn yours on, spin some knobs and fine tune your radar too. I highly suggest everyone in America START paying attention -, close attention.
This nation, and the majority of the world, is dependent on fossil fuels in many aspects of our lives, transportation and electricity production being foremost. Oil, Baby, Oil makes the world go round. Whether you agree with that doesn't matter in the least because it is a fact. Whether we should do something about that isn't up for question either, nor the subject of this article. I try to stay on topic when I can. The reality is what it is and the subject here is the apparent lack of any domestic oil production policy by this administration. I'm going somewhere with this so keep reading.
You may not remember when Smirky agreed to loan $2 billion to Brazil as an investment in state-owned Petrobras to assist them in developing their off-shore oil production capabilities. It hit the news on August 18th of 2009 and my radar honed right in on it. Why in the world were we doing that I questioned at the time? Eighteen months later I begin to get the whole picture as The Smirkster, and family, vacationed in South America with a stop in Brazil.
On March 19th of this year, a White House Press Briefing was held and this statement was made,
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers. At a time when we’ve been reminded how easily instability in other parts of the world can affect the price of oil, the United States could not be happier with the potential for a new, stable source of energy.”
Talk about sugar coating something! WOWSER!!!
Now think that through and through. Just a nugget, or two or three, to help wash it all down with. Nugget #1 is that while he's doing that, we're sitting on one of the world's largest known oil reserves in this country known as the Bakken Formation up in the Montana, North and South Dakota. Google it and take a look see if you haven't. Nuggest #2 is that under his "new" policy he wants to import more foreign oil while at the same time slapping a moratorium on oil production in our own waters. Does that make the least bit of sense? Nugget #3 is that this administration continues to be a major obstacle in oil production development in the ANWR.
Someone must be out of their friggin minds and it ain't this frog. I thought that the focus NOW (smirks to himself) was going to be on job creation in this country? Why are we creating jobs in Brazil while the ranks of the unemployed are swelled because American oil production workers become unemployed? One of The Whine House's explanations is that we need a more stable environment than the Middle East from which to obtain our oil. When was the last time they had a revolt in the Gulf of Mexico, or Montana, or the Dakota's or the ANWR (unless the moose have been getting feisty lately I missed it)?
We presently import approximately 66% of our oil needs. That's what our Chief Executive (is he really?) should be addressing. Invest money, if the federal government needs to get their meat flippers into it in the first place, in our own domestic oil production, not a foreign country's.
In 2007 alone, we imported 3.66 billion barrels of oil so lets do some math on that with currency flows. Using the present day figure of $103.00 per barrel, we are exporting $380 billion out of American pocketbooks into foreign pocketbooks. Now it is laudable that The Smirky One is down there vacationing on the pretense of increasing US exports, but exporting our dollars should not be on his agenda. Compound that with the fact that we're running a trade deficit of about half a trillion a year and what does that mean? Simple. It means that the cost of future goods that American's will purchase do what? I'll let you fill in the blanks there.
This isn't going well at all. Why did we invest 2 billion dollars in 2009? The right to buy oil from another foreign source? I guess his definition of "free markets" and mine differ significantly. But there is another connection here that is flying under the radar and I'm not a conspiracy theorist but it does have some merit - George Soros. I know, I know, not him again. The man behind the curtain is quietly watching as Obama works his magic in Rio. How so you ask? This just may be a coincidence. You tell me.
In 2009 when Obama extended the 2 billion dollar "loan" to Brazil, Soros had previously positioned himself financially to receive dividends from Petrobras. No way, you say! Facts are facts. And his hedge fund did it intentionally. I hardly feel it was coincidental myself. Soros is a whack job but he exploits the markets where he can. Isn't the use of insider information a no-no? Not when it comes from the POTUS himself huh? Or maybe he is pulling his puppet's strings to achieve the desired return on his investment (ROA). He has been known to do that sort of thing. Here's a link to a flashback article concerning this whole mess.
All I can say is how utterly convenient that some left wing loon like Soros invests maga-bucks in a foreign based oil operation, Obama loans them 2 billion clams to develop their off-shore drilling capabilities and then he vacations to Rio and makes it seem like we're doing them a favor by buying more foreign oil from them. Where's the loyalty lie in all of that? If you don't seriously examine that very question itself, then what are you thinking? The dots aren't connecting above the radar but below the radar something isn't right in Oshkosh.
I'm just The Frog taking a downward look again. There are other "under the radar" activities I want to write about, but those can be forthcoming at a later date. I hope you enjoy the manner in which I try to shed some light on the day. If so, please let your friends know that there's a new Frog Gunslinger here on the Hub. LMAO I can't say that what is going on with this administration is "as fine as frog hair" because that sure isn't the case.
Ya'll have a good day now, ya heah?
PS - The Smirkster did just announce that he was cutting his trip "a few hours short" so that he can return to address the nation's problems. How gracious of the man.