Palin Questions Why The Obama Administration Is Funding Brazilian Oil Development

The Whistler  •  August 19, 2009

The absurdity of this goes beyond parody.
A nation rich in oil won’t allow drilling for it but will send billions of dollars – during an economic crunch – to a foreign nation so they can drill for their own oil. That we can then buy. The left’s favorite dart board, Sarah Palin, is pointing out this tragic comedy of errors in her Facebook page:

For years, states rich with an abundance of oil and natural gas have been begging Washington, DC politicians for the right to develop their own natural resources on federal lands and off shore. Such development would mean good paying jobs here in the United States (with health benefits) and the resulting royalties and taxes would provide money for federal coffers that would potentially off-set the need for higher income taxes, reduce the federal debt and deficits, or even help fund a trillion dollar health care plan if one were so inclined to support such a plan.
So why is it that during these tough times, when we have great needs at home, the Obama White House is prepared to send more than two billion of your hard-earned tax dollars to Brazil so that the nation’s state-owned oil company, Petrobras, can drill off shore and create jobs developing its own resources? That’s all Americans want; but such rational energy development has been continually thwarted by rabid environmentalists, faceless bureaucrats and a seemingly endless parade of lawsuits aimed at shutting down new energy projects.

She’s right.
We need jobs. We need oil. We have oil. Lots of it. Yet we can’t go get it and in the process create thousand of jobs. Instead, we’re paying another country to go get their oil so we can pay them. It just doesn’t make sense.
Drill, baby, drill. But do it here.

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  • http://www.Tampa-Web-Site-Design.com/ Website design tampa

    I understand that “mass transit” doesn’t work where there is no “mass.” And the needs of rural and agricultural communities are different. That still leaves room for improvements in planning transport better, coming up with more efficient bio-diesel engines, liquid coal and alcohol fuels, and moderating use of fuels. But over 80% of our population is concentrated around urban centers.

  • http://SayAnythingBlog.com The_Whistler_ofnd

    Now we know, Dumbama isn’t blocking drilling here because he loves the environment. He just wants to make Americans poorer.

    The leftists have this idiotic idea that our wealth makes other people poor.

  • 2Hotel9

    Wrong, 80% of YOUR population in Europe is concentrated in urban areas, not so in America. Try again, lying spampot.

  • SigFan

    A question that no one will even attempt to answer, other than to ridicule Palin in some form. As usual, the obvious is just too obvious for the left and enviro-nuts.

  • bill-tb

    Real energy Independence comes form drilling, refining and building nuclear power plants.

    Someone of Obama’s alleged intellect should find figuring that out child’s play.

    Coal to liquids technology can produce liquid fuel at between $30-40 barrel oil equivalent costs. The Crow Indians in Montana are already doing this http://www.grist.org/article/coal2liquid — Maybe it’s time for North Dakota to chime in.

  • rog

    Ya think Soros has anything to do with this?? He owns part of the Brazillian oil co.

  • robert108

    Soros is the major investor in that company.

  • docdave

    Ya think Soros has anything to do with this?? He owns part of the Brazillian oil co.

    You think not??? Obamas admin so far has been nothing but payoff to the people that helped him get elected.

    I truly believe that Palin gave up her governors position so she could concentrate on being a conservative thorn in Obamas side. To that I say, GO SARAH!!!

  • HG

    I prefer “drill, baby, drilla”.

    That SNL skit was a riot.

  • Houston

    Get ready for MSNBC to make fun of “Drill Baby Drill.”

    They are idiots.

  • Eneils Bailey

    rog,

    Ya think Soros has anything to do with this?? He owns part of the Brazillian oil co.

    Yeah, and he also owns a lot of individuals in the democrat party.
    They mortgaged their souls longer ago to Soros for a fistful of silver..

  • http://ndgoon.blogspot.com/ goon

    Now we know, Dumbama isn’t blocking drilling here because he loves the environment. He just wants to make Americans poorer.

    The leftists have this idiotic idea that our wealth makes other people poor

    Personally Whistler I just think Obama is Dumber than a box of rocks.

  • FedUp

    Obama is nothing more than an elitist mouthpiece. He was bought and paid for by Soros and the Chicago machine. He is over-exposed, and when he speaks without TOTUS he reveals his naivete and arrogance.

    Compared to him, Palin looks like Ronald Reagan. SHE, at least, is looking out for America and the American People!

    Ah, you get what you pay for… can we survive another 3 1/2 years of this criminally negligent moron and his cronies???

  • robert108

    Little sparkie: I can understand that you can’t handle the truth she tells, but if you can’t see how beautiful Sarah is, you are carrying an empty sack.

  • http://insanereindeer.blogspot.com/ Kenny

    I couldn’t have said it better myself.
    Heh.

    That means Obama’s stupid Sparkie.

    Thanks for agreeing.

  • Eneils Bailey

    Palin scares some of these people to death(politically).
    If she’s truly irrelevant, then why when she mentioned “death panels” in the health care bill, that portion was deleted.

    The left has total disdain for this person because they cannot confront and win a debate based on political ideology and ideas.

    Let us see how much interest her comments on this issue generates.
    And for God’s sake, she needs to stay away from Washington. Every major story out today comes through that filter.

    And a case of political clap is hard to cure.

  • 2Hotel9

    Time for the states that want to drill to tell Federal government to fuck off and start drilling and building refineries. Make the Feds use the military to stop them, see how far that goes.

  • Houston

    Another thing I feel the need to point out. The left enjoys making fun of Palin and how “Dumb” she is, but why is it they wet their pants every time she cuts a fart?

    If she is so dumb you would think they would ignore her completely.

  • jk

    Sparkle once again proves he’s nothing but the center point in a circle jerk.

  • FlyOnTheWall

    Sparkie:

    Heh.

    Kind of point free for a post. For or against drilling, the economy of our energy situation and you just do some random, ADD style mocking of Palin. I don’t keep up with the Palin fan club so you just come off as a mindless, critical thinking free jerk.

    I don’t know the whole situation behind pushing for Brazil to drill but it will help us. Better supply. People having jobs is good. But really, it should be us doing it on our land and Americans with the jobs. Priorities and all.

  • ellinas

    Soros is the major investor in that company.
    robert108 on August 19, 2009 at 07:16 am

    No. Not even close. The government of the 中华人民共和国,also known as Zhōnghuá Rénmín Gònghéguó AKA The Peoples Republic of China is.

  • robert108

    Any evidence to prove your claim, little e, or are you just doing your usual no-content sniping?

    How is it OK for our tax money to be used to line their pockets, no matter who you think is involved? It isn’t anyone in our country, and we are not benefiting from it in any way.
    Got a counter argument to that, or are you just sniping?

  • ellinas

    Any evidence to prove your claim, little e, or are you just doing your usual no-content sniping?
    robert108 on August 19, 2009 at 11:10 am

    China invests $10 billion dollars in Petrobras.

  • ellinas

    How is it OK for our tax money to be used to line their pockets, no matter who you think is involved? It isn’t anyone in our country, and we are not benefiting from it in any way.
    Got a counter argument to that, or are you just sniping?
    robert108 on August 19, 2009 at 11:10 am

    Please explain who’s pockets our tax money is used to line up? Brazil will pay back the amount with interest.

    Is it OK with you, if the Chicoms have more influence in Latin America than we do?

  • robert108

    Please explain who’s pockets our tax money is used to line up?

    It’s not “line up”, it’s “line”. If you don’t know what that expression means, ask some knowledgeable person or look it up.
    Our tax money is being used to line the pockets of Soros and the Chicoms, at the very least, but the point here, again, is that it’s not being used to support American business and energy independence. Now that your latest distraction has been dealt with, why is that OK with you? Shouldn’t we be benefiting from our own tax money, and not Soros or the Chicoms?

    BTW, without any information about Soros’ share in the company, you don’t know how involved he is. Even one percent indicates a payoff from Obama, with our tax money.

  • Flickertail

    Didn’t Conrad or Dorgan just say a few months ago that we have one of the largest oil depositories in North Dakota? But instead of drilling this we pay another country to drill. I’m so glad that they are really trying to keep american jobs.

  • ellinas

    Brazil will pay back the amount with interest.

    Is it OK with you, if the Chicoms have more influence in Latin America than we do?

  • robert108

    Brazil will pay back the amount with interest.

    So would our domestic producers; same question, another distraction attempt slapped aside.

    Again, why is it OK with you that our tax money is being used to support foreign investment in foreign profits, when it is refused to our own domestic oil producers to invest in US profits?
    It’s worse than that, though: Our domestic producers don’t need our tax money; all they need is for Obama to end his obstruction of yet another part of our profitable private sector.
    Our tax money should be returned to us, instead of being parceled out to Soros and the Chicoms.

    Is it OK with you, if the Chicoms have more influence in Latin America than we do?

    That’s exactly what Obama is doing with our tax money: giving the Chicoms more influence.
    Are you really that dumb not to know the truth here?
    Or are you such a mind-numbed Obamabot that you just automatically approve of everything he does, no matter how destructive and stupid it is?

  • 2Hotel9

    Why are you against America using its own oil? Why are you in favor of becoming EVEN MORE dependent on foreign oil?

  • Mickey

    Soros is the major investor in that company.

    Soros is the major investor in Obama. $40 million to get him elected has to be worth a favor or two. There must be a congressional investigation into Obvama after the 2010 elections.

  • J.L.

    “We`re not going to allow drilling for our own oil, but we`re gonna make you buy these new kinda lightbulbs because we know what`s best for you! Because these light bulbs are gonna save a lot of energy so we don`t have to import it from…. oh, shit.”

  • 2Hotel9

    And now for something completely different. Just took these from the porch.

    Nice neighbor, huh?!?!

  • 2Hotel9

    A second one was lurking in the woods, just above that stump, several does with fawns come through in the mornings. They are too skeetish, soon as they hear the door they be gones!

  • http://insanereindeer.blogspot.com/ Kenny

    Brazil will pay back the amount with interest.

    We don’t have the money to throw away, even assuming that at some point they do actually pay it back. Taking MORE of our hard earned money and using it to finance other countries is ludicrous.

  • Pilgrim

    Hotel:

    Nice neighborhood indeed.

  • Bat One

    Deer sausage! Yummy!!

  • sayanything-7715

    Soros has 22% of his fund invested in this company, that is pretty high unless you know of favorable conditions are coming down the pick for that company. Typicaly a fund doesn’t commit more than 5% of your total assets to one company. Especialy a exploration company. Read Warren Buffets book.

  • http://ndgoon.blogspot.com/ goon

    Deer sausage! Yummy!!

    I think so too.

  • Buzz

    So I hear she is in face getting divorced, I might just through her one. If she is a good girl and keeps her mouth shut!

  • http://ndgoon.blogspot.com/ goon

    Obama is nothing more than an elitist mouthpiece. He was bought and paid for by Soros and the corrupt Chicago political machine.

    Fixed your post.

  • Bat One

    Soros has 22% of his fund invested in this company, that is pretty high…

    Eugene,

    “Pretty high” doesn’t begin to cover it. That’s north of $830 million! Once again, Obama is blatantly using taxpayer money to reward those who put him in office… just the way he learned to do back in Chicago.

    Obama may yet to be the most inept president since at least Jimmy Cater. Heaven knows he’s working on it. But Carter was a choirboy next to the level of wholesale corruption of Obama’s Chicago crowd.

  • http://ndgoon.blogspot.com/ goon

    “Pretty high” doesn’t begin to cover it. That’s north of $830 million! Once again, Obama is blatantly using taxpayer money to reward those who put him in office… just the way he learned to do back in Chicago.
    Obama may yet to be the most inept president since at least Jimmy Cater. Heaven knows he’s working on it. But Carter was a choirboy next to the level of wholesale corruption of Obama’s Chicago crowd.

    And yet the dems are still trying to dig up dirt on Bush and Cheney. This is a travesty and corrupt.

  • 2Hotel9

    I dumped a pile of broken up mineral salt on that stump last year, just put some cracked corn and oats out a couple of days ago. Got a few nice tree rats, too.

  • FlyOnTheWall

    Ellinas, to a post on our govt fronting money for offshore oil drilling for a foreign country. It seems to be good for them but drilling here is scorned.

    Is it OK with you, if the Chicoms have more influence in Latin America than we do?

    I think that means you think it’s a good idea to help develop their oil reserves. I’ve got no problem with it and likely has significant benefits but WHY NOT DRILL HERE?
    All the same benefits acrue but directly too us.

  • 2Hotel9

    e, like all Democrats, does not want America to access its own resources, they want us to be more and more dependent on foreign oil and coal, on foreign food, on foreign production. Ask her why, she will come all unglued and start screeching&screaming;. Its funny as hell!!

  • chris

    After looking around other blogs, this extended comment has really gotten my attention:

    We’ll admit that, on first blush, spending such money overseas when we’ve got plenty at home sounds a little questionable. But the investment has both practical and strategic benefits for our energy security.

    First, the U.S. money is a loan, and Brazil has excellent credit with an investment-grade BBB sovereign rating and a record of responsible borrowing. Whatever we loan the Brazilians will be paid back on time and with interest.

    Second, the cash will encourage Brazil’s state oil company, Petrobras, to contract with American businesses. And we aren’t just talking about oil companies, but software, steel, research, environmental impact and engineering concerns, to name a few others.

    Third, drilling new offshore discoveries in Brazil’s Tupi field is an epic project in its own right. Cutting through 10 miles of ultrahard salt amid wild temperature fluctuations to extract as much as 40 billion barrels of oil, maybe more, is a grand project.

    It will create technological breakthroughs not seen since the space program, and qualifies as a great engineering feat. Along with the 1,712-mile natural gas pipeline to be constructed from Alaska to the lower 48, it ought to stir America’s imagination to continue to break new frontiers.

    When the strategic factors are brought into place, the benefits become very obvious. Four stand out.

    First, the project will counteract a $10 billion Chinese investment that would otherwise make China the biggest investment player in Brazilian oil. Last March, the Chinese national oil company also offered the Brazilians $10 billion on the same project, which all told will require $30 billion in capital.

    Now, it won’t be just China calling the shots. And besides, our technology and way of operating are superior.

    Second, it will put more oil on the global market, ensuring that energy crises and soaring crude prices won’t keep whipsawing the world economy. Oil is fungible in a global market, and it doesn’t matter who buys Brazil’s oil. With more supply, prices should go down.

    Third, the project will bring the U.S. and Brazil closer — a foreign policy goal. But there are also personalities here that are pretty fortuitous for ensuring success. The Obama administration has named Tom Shannon, former assistant secretary of state for western hemisphere affairs, as U.S. ambassador to Brazil. On policy, Shannon is a heavyweight and will ensure that U.S.-Brazil relations advance.

    Fourth, new oil on the market will break the back of the region’s leading troublemaker, Hugo Chavez. Venezuela sits on 100 million barrels of oil, and Chavez intends to rule for a long time. Developing Brazil’s energy will give the socialist autocrat the one thing he fears — competition.

    Venezuela is now America’s No. 2 oil supplier (having passed up Mexico and Saudi Arabia), providing us with 1 million barrels a day. If we could buy from Brazil instead, he may be history.

    Having said all this, the question remains: Why must we go so far and spend so much taxpayer money to drill oil when we could unleash our private sector to do it here for free ?

    Eximbank officials are serving America’s interests by developing Brazil. But our Congress, which refuses to encourage offshore drilling, and our Interior Department, which is pulling permits for inland development, are not.

    At the center of it is energy security. If lending money to Brazil for oil is a good idea, isn’t freeing our own companies to develop America’s vast reserves an even better one? But failing that, this promising venture 170 miles off the Brazilian coast will have to do.

  • FlyOnTheWall

    Where’s the quote from Chris?

    I agree that offshore drilling will be very good for Brazil and by extension good for us. Your article was very specific of a number of ways offshore drilling will create jobs, reduce oil dependency upon less savory countries, have improved environmental processes, etc.

    However this screams the question:
    WHY CAN’T WE DRILL OUR OFFSHORE OIL?!?!

    All the same benefits apply to us too.

  • FlyOnTheWall

    Sorry, Chris. My poor reading skills forced me to miss where he asked that exact question.

    (I blame the lack of coffee. Couldn’t be my fault.)

  • 2Hotel9

    Yep, apparently Democrats believe that Brazilians and Chinese can do it faster. Wonder what makes them think that?

  • budsmoke

    When it was proposed to allow US oil companies to explore for off-shore oil (with private funding), it was criticized as useless because it takes 5-10 years for the oil to reach the market. But now they think that lending public money to a foreign company will achieve better results? How does that work?

  • carlene

    I heard years ago that the USA goal was to run the middle east out of oil before bothering our on. If this is true, GREAT, but if George Sorrus is getting rich, then it is because he bought the election for OBAMA & the DEMS. Obama is making sure to pay off those who convinced the stupid people of the United States that he would give them change & don’t forget”free stuff!!! Stupid Americans, you deserve what you voted in!!!

  • carlene

    I heard years ago that the USA goal was to run the middle east out of oil before bothering our on. If this is true, GREAT, but if George Sorrus is getting rich, then it is because he bought the election for OBAMA & the DEMS. Obama is making sure to pay off those who convinced the stupid people of the United States that he would give them change & don’t forget”free stuff!!! Stupid Americans, you deserve what you voted in!!!

  • http://suitepotato.blogspot.com/ sayanything-4808

    We can’t drill in the USA because it would cause pollution. Oh wait, it must be okay for those non-American non-white people in Brazil to be polluted. Why does Obama hate Brazilians?

  • http://suitepotato.blogspot.com/ sayanything-4808

    Maybe the Brazilians should be asking why we think we’re so much better than them that drilling for oil and polluting the environment is okay in Brazil but not the high and mighty USA. That pollution claim is the number one stated reason for being against drilling here. Why do these supposedly racially and ethnically and culturally sensitive liberals think we’re too precious to expose to pollution but we’re willing to pay Brazilians to pollute their lands?

    Sounds very exploitative and colonial to me.

  • http://suitepotato.blogspot.com/ sayanything-4808

    Maybe someone should point out the exploitative elitist mindset to the Brazilian environmentalists. If they run with that, then either the lily white sandals and convertibles American environmentalists will finally agree and ask about that, or they’ll remain quiet and piss off the Brazilians and other South Americans and create a schism.

  • http://sayanythingblog.com/readers/author/sparkiearbuckle sayanything-81

    Palin questions… yawn… on her facebook page… snore.

    Heh. From idiot to irrelevant idiot. Soon she will be doing internet porn for peanuts.

    Arf arf arf arf arf.

  • http://sayanythingblog.com/readers/author/sparkiearbuckle sayanything-81

    Compared to him, Palin looks like Ronald Reagan.

    I couldn’t have said it better myself.

    Heh.

  • http://suitepotato.blogspot.com/ sayanything-4808

    Say libtards, you still haven’t answered why it is not okay for Americans to drill because of environmental damage to the USA but it is perfectly okay for a poor nation like Brazil to drill and cause environmental damage to their nation.

    Why do you libtards behave like Americans are so superior to Brazilians that it is okay to exploit them and let them damage their environment?

    Get back to us when you have a clue how hypocritical you are.

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