Monday, August 8, 2011

Do you think American Gulf States could have used the $2BILLION that Obama gave a Soros-owned Oil Co.in Brazil?

About the only thing you got right was that it was Petrobas. The loan wasn't made by President Obama, but by the American Export-Import Bank (Ex-Im Bank). In 2009, the bipartisan board made the unanimous decision to grant the loan before any of Obama's appointees joined the board. And, for those unfamiliar with the Ex-Im Bank, it only makes loans to companies that are going to use American labor or products. As a result of these loans, the Ex-Im Bank has not only been self-sustaining, but made $billions in profits.

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