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Obama's Deliberate Katrina

Bruce2995 Wrote: Jul 04, 2010 10:38 AM

OLDTEXGAL, your statement, "Obama has made a 2 BILLION dollar loan guarantee to the national oil company of Brazil (Petrobras)..... for deep water drilling... far deeper than that in the Gulf. Those are American Taxpayer dollars! Who is a major stake holder in Petrobras? George Soros! Coincidence? The loan guarantee came only days after Soros acquired the equity position. Important to "follow the money". is totally false. First, the board of directors that approved the loan at EX-IM (Export-Import Bank of America) were three Republicans and two Democrats, all appointed by George W. Bush (do you remember him?). Obama's first appointment occurred after the loan had already been approved. Second, the funds were earmarked to be used...

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Obama's Deliberate Katrina

Back in May, a television news program asked me if I’d tell America the BP oil spill is President Obama’s Katrina. We discussed the spill’s causes, effects and cleanup effort, but I wouldn’t give them the “red meat” they were looking for. So I lost my 15 minutes of national fame.

Since then, it has become obvious that the Katrina analogy is inappropriate. The 2005 hurricane was marked by abject failures by the New Orleans mayor and Louisiana governor, and initially inept responses by FEMA and the Bush administration.

The 2010 oil spill is defined by yeoman’s efforts by Gulf Coast...

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