Obama Underwrites Offshore Drilling....in Brazil

Cowboy's has been tracking this issue for several months now and it really sticks in our craw since Obama and Dems are doing everything they can to make this Country energy dependent rather than energy independent.

Even though President Obama is against offshore drilling for our country, he signed an executive order to loan 2 Billion of our taxpayer dollars (which we can't afford to loan since we're broke) to a Brazilian Oil Exploration Company (the 8th largest company in the entire world) to drill for oil off the coast of Brazil! The oil that comes from this operation is for the sole purpose and use of China and NOT THE USA!

Now here's the real clincher...the Chinese government is under contract to purchase all the oil that this oil field will produce, which is hundreds of millions of barrels".

We have absolutely no gain from this transaction whatsoever!

Wait, it gets more interesting.

Guess who is the largest individual stockholder of this Brazilian Oil Company and who would benefit most from this? It is American BILLIONAIRE, George Soros, who was President Obama's most generous financial supporter during his campaign. If you are able to connect the dots and follow the money, you are probably as upset as I am. Not a word of this transaction was broadcast on any of the other news networks!
Are they doing their job? Think about it.

Forward this factual e-mail to others who care about this country and where it is headed. Also, let all your Government representatives know how you feel about this.


This is the Wall Street Journal article to confirm this.

Obama Underwrites Offshore Drilling

You read that headline correctly. Unfortunately, the Obama Administration is financing oil exploration off Brazil.

The U.S. is going to lend billions of dollars to Brazil's state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil's Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil's planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.

The U.S. Export-Import Bank tells us it has issued a "preliminary commitment" letter to Petrobras in the amount of $2 billion and has discussed with Brazil the possibility of increasing that amount. Ex-Im Bank says it has not decided whether the money will come in the form of a direct loan or loan guarantees. Either way, this corporate foreign aid may strike some readers as odd, given that the U.S. Treasury seems desperate for cash and Petrobras is one of the largest corporations in the Americas.

But look on the bright side. If President Obama has embraced offshore drilling in Brazil, why not in the old U.S.A.? The land of the sorta free and the home of the heavily indebted has enormous offshore oil deposits, and last year ahead of the November elections, with gasoline at $4 a gallon, Congress let a ban on offshore drilling expire.

The Bush Administration's five-year plan (2007-2012) to open the outer continental shelf to oil exploration included new lease sales in the Gulf of Mexico. But in 2007 environmentalists went to court to block drilling in Alaska and in April a federal court ruled in their favor. In May, Interior Secretary Ken Salazar said his department was unsure whether that ruling applied only to Alaska or all offshore drilling. So it asked an appeals court for clarification. Late last month the court said the earlier decision applied only to Alaska, opening the way for the sale of leases in the Gulf.

This is progress, however slow. But it still doesn't allow the U.S. to explore in Alaska or along the East and West Coasts, which could be our equivalent of the Tupi oil fields, which are set to make Brazil a leading oil exporter. Americans are right to wonder why Mr. Obama is underwriting in Brazil what he won't allow at home.

Message from Newt Gingrich on Obamacare

On Tuesday, November 2nd, voters from across the country sent the clear message that they're fed up with President Obama's anti-jobs, big-government agenda. Tax-and-spend liberals who supported the stimulus, cap and trade energy taxes, and a government takeover of health care were voted out of office in droves in the largest wave election in 70 years.

And with all of the new voices in Congress, conservatives have an historic opportunity to change the course of the nation by reducing spending, cutting taxes, and creating an environment in which jobs can finally be created again in the private sector in the numbers that we need to cut the unemployment rate in half.

The first step they must take, however, is to repeal and replace all of the policies passed by Nancy Pelosi and Harry Reid that resulted in putting more people on food stamps and prevented more people from taking home paychecks.

And at the top of the list is the repeal of ObamaCare.

No matter how much the new Congress does to encourage private sector growth, ObamaCare will become a severe drag on the economy and lead to lower quality care. Many businesses facing unknown tax hikes and enormous regulations from this law will not hire additional full time workers.

The Obama-Pelosi-Reid team also ignores the fact that major companies like McDonald's, 3M, and Boeing have said the new taxes and mandates will force them to drop coverage or lay off workers. Instead of listening to them, the Obama administration has threatened those who dare to blame higher taxes and more regulation for an inability to grow their businesses.

Cowboy's note: I have several friends of mine who received notices that their healthcare deductibles are almost going to double!

Here are some facts you need to know about ObamaCare:

* Costs taxpayers a staggering $1 trillion over the next decade.
* Increases health care spending by more than $200 billion.
* Raises drug prices and the cost of premiums.
* Raises taxes on small businesses.
* Burdens state governments with costs nearing $10 billion between 2014 and 2019.
* Forces companies to drop employer-provided health coverage for workers.
* Incentivizes individuals to drop their own coverage, pay a penalty, and only get health insurance when they get sick.

Cowboy's note: Not to mention it's unconstitutional! Something like 23 States to date have filed suit to stop Obamacare.

Despite all these problems, President Obama and his liberal allies still defend the law as good for American business. But this should not be surprising; they still defend the $787 billion stimulus legislation as good for job creation. Put simply, as long as ObamaCare is the law of the land, America will not be providing an environment that allows businesses to grow, which means accepting stagnant growth and high unemployment as the new normal.

We shouldn't have to accept that. For that reason, we must begin the process of repealing this destructive law and replacing it with common sense health reforms.

Repeal and replace will not happen overnight and it will not happen after a week's worth of debate in Congress. Repeal will require a grassroots movement that puts strong and sustained pressure on Washington.

The time to start that movement is today.

Cowboy's note: Keep up the pressure on your law makers not to be law breakers and get this crap repealed. I have the satisfaction of telling my Congressman that I would do everything in my power to get him sent home because of his votes in support of the Obama agenda. In fact, I created this blog because of Obama's agenda, my crappy Congressman and the whole taxation without representation path by the Democrats. Satisfaction I say because on Jan 2d, 2011 he will not be seated in the 112th Congress - he was defeated by a Republican in a largely Democratic demographic district.

Over the next few weeks we will be very active in starting the movement to repeal and replace ObamaCare.

We intend for this advocacy effort to be our biggest to date.

Thanks for everything you did to elect job creators last week, and thank you for all that you will do to keep the pressure on the new representatives in Congress to do the right thing.

That Damned George Bush!

Here's an opinion piece by Chuck Green who writes "Greener Pastures" for the Denver Post Aurora Sentinel...one of the more liberal papers in the country. Additionally, Mr. Green is a lifelong Democrat...so this is rather a stunning piece...

Obama is victim of Bush's failed promises Greener Pastures Column

Barack Obama is setting a record-setting number of records during his first year in office. Largest budget ever. Largest deficit ever. Largest number of broken promises ever. Most self-serving speeches ever. Largest number of agenda-setting failures ever. Fastest dive in popularity ever.

Wow! Talk about change.

Just one year ago, fresh from his inauguration celebrations, President Obama was flying high. After one of the nation's most inspiring political campaigns, the election of America 's first black president had captured the hopes and dreams of millions. To his devout followers, it was inconceivable that a year later his administration would be gripped in self-imposed crisis.

Of course, they don't see it as self-imposed. It's all George Bush's fault.

George Bush, who doesn't have a vote in congress and who no longer occupies the White House, is to blame for it all.

He broke Obama's promise to put all bills on the White House web site for five days before signing them.

He broke Obama's promise to have the congressional health care negotiations broadcast live on C-SPAN.

He broke Obama's promise to end earmarks.

He broke Obama's promise to keep unemployment from rising above 8 percent.

He broke Obama's promise to close the detention center at Guantanamo in the first year.

He broke Obama's promise to make peace with direct, no precondition talks with America 's most hate-filled enemies during his first year in office, ushering in a new era of global cooperation.

He broke Obama's promise to end the hiring of former lobbyists into high White House jobs.

He broke Obama's promise to end no-compete contracts with the government.

He broke Obama's promise to disclose the names of all attendees at closed White House meetings.

He broke Obama's promise for a new era of bipartisan cooperation in all matters.

He broke Obama's promise to have chosen a home church to attend Sunday services with his family by Easter of last year.

Yes, it's all George Bush's fault. President Obama is nothing more than a puppet in the never-ending failed Bush administration.

If only George Bush wasn't still in charge, all of President Obama's problems would be solved. His promises would have been kept, the economy would be back on track, Iran would have stopped its work on developing a nuclear bomb and would be negotiating a peace treaty with Israel North Korea would have ended its tyrannical regime, and integrity would have been restored to the federal government.


Oh, and did I mention what it would be like if the Democrats, under the leadership of Nancy Pelosi and Harry Reid, didn't have the heavy yoke of George Bush around their necks? There would be no ear marks, no closed-door drafting of bills, no increase in deficit spending, no special-interest influence (unions), no vote buying (Nebraska, Louisiana).

If only George Bush wasn't still in charge, we'd have real change by now.

All the broken promises, all the failed legislation and delay (health care reform, immigration reform) is not President Obama's fault or the fault of the Democrat-controlled Congress. It's all George Bush's fault.

Take for example the decision of Eric Holder, the president's attorney general, to hold terrorists' trials in New York City . Or his decision to try the Christmas Day underpants bomber as a civilian.

Two disastrous decisions.

Certainly those were bad judgments based on poor advice from George Bush.

Need more proof?

You might recall that when Scott Brown won the election to the U.S. Senate from Massachusetts, capturing "the Ted Kennedy seat", President Obama said that Brown's victory was the result of the same voter anger that propelled Obama into office in 2008. People were still angry about George Bush and the policies of the past 10 years. And they wanted change.

Yes, according to the president, the voter rebellion in Massachusetts was George Bush's fault.

Therefore, in retaliation, they elected a Republican to the Ted Kennedy seat, ending a half-century of domination by Democrats. It is all George Bush's fault.

Will the failed administration of George Bush ever end, and the time for hope and change ever arrive?

Will President Obama ever accept responsibility for something... - anything?

Want to read more about the Bush Presidency and the key people advising President Bush?