Obama: Funding Brazilian energy exploration needs subdizing; American energy exploration? Not so much.
Ed has the scoop here. Long story short:
Obama campaigned in OH last year with promises to subsidize (via a loan guarantee) production of a nuclear power plant. As with his other promises, this one had an expiration date. No funding.
Instead, B.O. has decided to raid the treasury of $2 billion to subsidize Brazilian oil exploration by a Brazilian energy company that, as sheer luck would have it, billionaire moonbat and F.O.B. (Friend of Barack) George Soros has invested in.
I guess it would be intemperate, if not outright racist, to ask why a president who thinks oil usage contributes to the junk science fad called global “warming” would actually encourage oil exploration. It would probably be similarly intemperate/racist to ask why he’s reneged on a campaign promise to OH and to an American zero-emission energy company in order to instead fund a project that could benefit his political billionaire buddy.
Hey, OH, I have a question for you, since you decided to vote for B.O. last year: How does his backside taste now?
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Wait a minute…that…that money was supposed to go to the “cash for clunkers” program. Oh well, guess the dealers can forget about that reimbursement.
Comment by aldezo | August 21, 2009
Good point, Aldezo. I had forgotten that $2B was earmarked for Cash For Clunkers. More like Cash for Brazilians.
Comment by crushliberalism | August 21, 2009
It’s nice to know that we are suppose to drive lawnmowers and he gets to subsidize other countries, real change.
Comment by Rightwing Guy | August 21, 2009
This guy makes Jimmah’s reign look like peanuts!
Comment by tnjack | August 24, 2009