Thursday, August 20, 2009

But Why Would HUSSEIN Obama Do That? Part 7

Because fuck you. That's why.
Obama sends 2 billion dollars to a company George Soros recently invested in.
Unfortunately, this is just the latest in a long string of issues emanating from the White House that cause Americans to question the integrity and good sense of the Campaigner in Chief's administration. Consider what we've learned in just the past several days.
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August 20, 2009
Earlier this week, AT's Rick Moran highlighted the Obama Administration's decision to invest $2 billion to finance offshore drilling in Brazil. Many good questions there, including the pertinent question of why offshore drilling is okay for Brazil, but not for the U.S.
Since the initial story broke late last week, Bloomberg has reported that billionaire Democratic donor George Soros acquired over $800 million in Petrobas stock during the second quarter of the year, ultimately selling 22 million common shares and acquiring 5.8 million preferred (read "dividend paying") shares recently.
Ed Morrissey at Hot Air asks all of the salient questions, including this one:
Is it a coincidence that Obama backer George Soros repositioned himself in Petrobras to get dividends just a few days before Obama committed $2 billion in loans and guarantees for Petrobras' (sic) offshore operations? Hmmmmmmmmmm...


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