Here is a snippet cut and paste for the whole story.
Obama Underwrites Offshore Drilling
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.
No drilling allowed here but we can offer up 2 billion to Brazil (so they will like Obama)
Answer by BEXi at 11:18 PM on Aug. 19, 2009
Answer by tnmomofive at 11:22 PM on Aug. 19, 2009
wait for it......the moey goes to a company that Soros JUST invested heavily in a few months ago....YEAH...how's that change feelin'. It was really good of Obama to pay back his buddy :)
Answer by momof030404 at 11:22 PM on Aug. 19, 2009
Answer by LiliM at 11:23 PM on Aug. 19, 2009
Answer by Anonymous at 11:24 PM on Aug. 19, 2009
Answer by LiliM at 11:25 PM on Aug. 19, 2009
anon :24, how does funding oil drilling in OTHER COUNTRIES help us be independent from foreign oil? Why are we funding something like this in other countries instead of our own, you know, so we wouldn't need to buy from those evil middle eastern countries?
Answer by QuinnMae at 11:26 PM on Aug. 19, 2009
Answer by QuinnMae at 11:27 PM on Aug. 19, 2009
Answer by tnmomofive at 11:34 PM on Aug. 19, 2009
Answer by tnmomofive at 11:37 PM on Aug. 19, 2009
Next question overall
At what age did you child switch from 2 naps a day to only 1?