Palin goes after barry Again

chefdennis

Veteran Expediter
From another board i visit, Good questions here....

YOUR TAX DOLLARS HARD AT WORK: FIRST CARS, NOW FOREIGN OIL.
Today at 12:10am

Today's Wall Street Journal contains some puzzling news for all Americans who are impacted by high energy prices and who share the goal of moving us toward energy independence.

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.

I'll speak for the talent I have personally witnessed on the oil fields in Alaska when I say no other country in the world has a stronger workforce than America, no other country in the world has better safety standards than America, and no other country in the world has stricter environmental standards than America. Come to Alaska to witness how oil and gas can be developed simultaneously with the preservation of our eco-system. America has the resources. We deserve the opportunity to develop our resources no less than the Brazilians. Millions of Americans know it is true: "Drill, baby, drill." Alaska is proof you can drill and develop, and preserve nature, with its magnificent caribou herds passing by the Trans Alaska Pipeline System (TAPS), completely unaffected. One has to wonder if Obama is playing politics and perhaps refusing a "win" for some states just to play to the left with our money.

The new Gulf of Mexico lease sales tomorrow sound promising and perhaps will move some states in the right direction, but we all know that the extreme environmentalists who serve to block progress elsewhere, including in Alaska, continue to block opportunities. These environmentalists are putting our nation in peril and forcing us to rely on unstable and hostile foreign countries. Mr. Obama can stop the extreme tactics and exert proper government authority to encourage resource development and create jobs and health benefits in the U.S.; instead, he chooses to use American dollars in Brazil that will help to pay the salaries and benefits for Brazilians to drill for resources when the need and desire is great in America.

Buy American is a wonderful slogan, but you can't say in one breath that you want to strengthen our economy and stimulate it, and then in another ship our much-needed dollars to a nation desperate to drill while depriving us of the same opportunity.

- Sarah Palin

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chefdennis

Veteran Expediter
Americans invest in off-shore drilling...in Brazil

August 19, 12:05 PMSchuylkill County Independent ExaminerNola Redd

Americans invest in off-shore drilling...in Brazil

Yesterday, the Wall Street Journal broke a story regarding Americans funding off-shore drilling…in Brazil. According to the paper, the United States is loaning Brazil’s state-owned oil company, Petrobras, $2 billion in the form of either a direct loan or loan guarantees. Even more bizarre, we obviously don’t have $2 billion sitting around; we are taking out a loan to make a loan, something similar to speculators and day-traders who put their house at risk to borrow to play the stock market.

The implications here are staggering. First, there is the environmental implications. Aren’t we arguing over cap-and-trade because we are supposed to be part of a worldwide environment? How, then, does supporting the drilling of oil fit into that mantra? Doesn’t that make the Obama Administration rather hypocritical, to say that it’s awful for Americans to benefit from destructive drilling, but it’s okay for those in Brazil?

Second, one of the greatest fears about cap-and-trade is that American jobs will be outsourced and American companies will move outside of the United States. Although this loan is not a direct result of cap-and-trade, by using American dollars to create foreign jobs when America is already struggling under such high levels of unemployment seems to be a signal that such worries are not a priority to Obama. Sarah Palin contends that such money could be used to drill inside the United States, thus reducing our dependence on foreign oil while creating many American jobs. But even if we never drill domestically, every amount of money that we spend is money that comes from the taxpayers pockets, which means Americans will pay higher taxes for Brazil to grow economically.

If the Obama administration feels the need to frivol away my money, I would rather that money at least stay in America. I never thought a 35 hours American job would look so good. Washington has proven yet again just how little it values regular people in America.
 

davekc

Senior Moderator
Staff member
Fleet Owner
I am not surprised that anyone would question this? This is our apology payment to the Brazilian government because we hurt their economy when ours tanked.
 
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