By Michelle Malkin
August 19, 2009
Yes, it’s true.
Barack Obama has chipped in $2 billion in loans to exploit offshore oil resources in hopes of extracting a major new source of petroleum…in South America.
And yes, it’s true.
There is a Soros link.
Ed Morrissey has a round-up and notes:
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’ offshore operations?
More at Michelle Malkin
