Most folks haven't really heard about it. I suppose that it's presence, so far, has been pretty uncontraversial.
- This agency doesn't cost the federal government anything. In fact, the operation of this agency has netted a 4.9 billion dollar profit to taxpayers over the last 16 years.
- This agency is on track to securing 24 billion dollars in business to American companies providing goods and services, in this year alone.
- It's estimated that these efforts are supporting 200,000 private sector American jobs this year alone.
You might think that, given our current economic woes, that the right-wing email folks would find better agencies to attack, right?
You'd be wrong. Arriving in my email box yesterday:
Brazilian Oil DrillingSnopes and Factcheck.com have already written great articles debunking this nonsense. And confirm that this email originated much earlier than the BP oil spill. Suffice it to say: This loan was unanimously approved by a bipartisan committee selected by George W. Bush, and President Obama had no influence on the approval decision. This loan can only be used to purchase American-Made supplies and American labor. They will repay the loan with interest, and make a profit on the transaction. China does not have sole access to the oil produced. And George Soros definitely lost "profit", due to the fact that he sold shares while this deal was negotiated. Which, again, was under Bush administration, who he actively campaigned against.
Thank God for Fox News and Glenn Beck!
This is a perfect example why many refrain from watching news onABC, NBC, CBS, or MSNBC.
Last week on a segment of the "Glenn Beck Show" on FOX(Fox Cable News) was the following:
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 thecoast 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 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 asupset 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.
Below is the Wall street Journal articl confirming this information.
"REMEMBER... POLITICIANS AND DIAPERS SHOULD BE CHANGED OFTEN AND FOR THE SAME REASON"
"America will never be destroyed from outside.If we falter and lose our freedoms,it will be because we destroyed ourselves."
IN GOD WE TRUST, NOT OUR GOVERNMENT
So - no. There's definitely no political conspiracy here. Only a baseless attack on a government organization that seems to be successful at what it's doing.