Monthly Archives: March 2011
|On his trip to Brazil last week, President Barack Obama promised the Brazilians our help in developing Brazil’s oil resources. Then he promised to buy the oil.
The statement seemed puzzling, given that Mr. Obama shut down drilling off the Gulf Coast, and now, having reinstated it, is permitting his Interior Department to drag its feet on issuing new permits to explore the Gulf for oil.
But explaining this curious position is hardly difficult. Mr. Obama, you see, will also fund oil development in New Guinea, Fuel Fix.com revealed last week.That’s right. New Guinea. And what do Brazil and New Guinea have in common? George Soros, billionaire Master of the Universe, who has invested his billions in both places.
Here are the facts: “Despite this economically disruptive backlog,” Fuelfix.com reports, “the Bureau of Ocean Management, Regulation, and Enforcement (BOEMRE) has assigned only six drilling engineers to process all permit applications pending in the Gulf of Mexico. While Michael Bromwich bemoans a lack of the staff necessary to speed up the process, he’s sending his staffers to Papua New Guinea to advise its officials on ways to develop the country’s offshore drilling infrastructure. A significant portion of the agency’s budget is covered by fees, royalties, taxes, and rents from energy production, so curtailing drilling closes off cash flow too.”
As well, American Thinker’s Ed Lasky explains that Soros “has a huge ownership interest in a company called InterOil (stock symbol IOC), whose one major asset is reportedly a huge reservoir of natural gas in New Guinea. He has been increasing his ownership stake in recent months and, as of last November, showed an 11.9% ownership stake. His InterOil holding is the third-largest stock holding in his hedge fund.”
So for a second time Mr. Obama is helping Soros, who showered candidate Obama with millions through various fronts and has created a constellation of anti-Christian leftist organizations to wreak havoc upon the Republic. He is now using Media Matters, the leftist media watchdog, to wage war against Fox News and conservatives he does not like. That operation may well violate the group’s tax-exempt status.
Anyway, remember what Mr. Obama said in Brazil: “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.” How much is that? While American companies file 3,000-page applications and workers remain unemployed, Obama gave Petrobas permission to launch a floating production storage facility 165 miles off the coast of Louisiana.
Recall that in 2009, the Obama Adminstration committed $2 billion from the U.S. Export-Import Bank to drill for oil off Brazil’s coast. Coincidentally, just a few days before that announcement, Soros sold 22 million shares of Petrobas stock, Bloomberg News reported, and bought 5.8 million of its shares traded in the United States. Asked Ed Morrissey of HotAir.com, “Is it a coincidence that Obama backer George Soros repositioned himself in Petrobras to get dividends just a few days before Obama committed $2 billion in loans and guarantees for Petrobras’ offshore operations?”
Much more can be said of the Obama-Soros connection. It suffices to say that Mr. Obama doesn’t mind drilling for oil. He simply seems averse to doing so where it does more good for his countrymen than it does for a contributor to his cause.
( Original Aritcle )
By Ed Lasky
( Original Aritcle )
by Tom McGregor
When it comes to Middle East policy, President Barack Obama claims, “I’ve got no doctrine.” Nevertheless, many of the talking points and key issues that he raises in regards to Arab issues are remarkably similar to the statements made by the website of the Center for American Progress, which is a think tank largely funded by billionaire currency and oil speculator and hedge fund trader, George Soros, a financier of global leftist political organizations.
Obama said, “I think it’s important not to take this particular situation and then try to project some sort of Obama Doctrine that we’re going to apply in a cookie-cutter fashion across the board. Each country in this region is different. Our principles remain the same.”
As reported by Politico, “Obama called Libya a ‘unique situation’ and said that he isn’t ‘going to go around trying to use military force to impose or apply certain forms of government.’ He added, ‘We may not be applying the same tools in each country, in every case.”
Additionally, Obama provided this answer when asked if he’s pondering arming Libyan rebels: “I’m not ruling it out. But I’m also not ruling it in.”
( Original Article )
States and regions across the country are working tirelessly to realize President Obama’s vision for American high-speed rail. And on Friday, I had the pleasure of joining Nevada Senator Harry Reid to announce that construction on the DesertXpress corridor between Las Vegas and Southern California will soon get underway.
DesertXpress promises travel times of 85 minutes between Victorville, California, and Las Vegas, Nevada. This cuts the existing drive–three hours under the best conditions and nearly twice as long in traffic–in half. Sitting in congestion for four, five and even six hours along I-15 is especially brutal for travelers paying sky high gas prices.
But high-speed rail means much more than a shorter trip from California to Las Vegas. It means jobs, and it means reinvigorated American manufacturing.
Already, 30 rail companies from around the world have pledged that, if they’re selected for high-speed rail contracts, they will hire American workers and expand their bases of operations in the United States. And the administration’s 100 percent “Buy America” requirement will generate a powerful ripple effect throughout the supply chain.
Just think about the possibility. Factory workers building electric-powered trains. Engineers laying new track. Conductors, operators and ticket-takers helping passengers speed to their destinations. Americans of every trade advancing down the track to a better future.
And those are just the direct ripple-effects. High-speed rail also means economic development. As Nevada Senator Harry Reid said:
“This announcement brings us one small step away from tens of thousands of new jobs not only through the project’s construction, but by boosting our tourism. This line will connect tourists from southern California to our state’s great attractions like the Las Vegas Strip and the Hoover Dam. This announcement is excellent news for our state’s economic recovery.”
DesertXpress will give people a safe, convenient transportation alternative to the notoriously congested I-15. And in a time of enormous economic challenge, it will create quality jobs.
This is the promise high-speed rail offers communities across the country. This is how America wins the future.
- Now Obama Wants To Build A $5 Billion Bullet Train From Las Vegas To Nowhere (businessinsider.com)
- Amanda Carpenter destroys Harry Reid’s “Rail Solyndra” – in 140 character chunks (erickbrockway.com)
March 24, 2011
Offshore Marine Service Association