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Posted on | April 2, 2010 | 2 Comments

Ifthisdoesn’tmakeyoumadeenoughtoimpeachobama…
rosemaryc

Absolute corruption at it’s finest…

Today on a segment of the “Glen Beck Show” on FOX (Fox Cable News) was the
following:

“Today, even though President Obama is against off shore drilling for our
country, he signed an executive order to loan 2 Billion of our taxpayers
dollars to a Brazilian Oil Exploration Company (which is 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 of oil”.

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 one of 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!

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

Below is the Wall street Journal article to confirm this.
https://online.wsj.com/article/SB10001424052970203863204574346610120524166.html

Comments

2 Responses to “”

  1. raicha
    April 3rd, 2010 @ 5:23 pm

    From the Export-Import Bank website:

    https://www.exim.gov/brazil/pressrelease_082009.cfm

    Facts About the Proposed Ex-Im Bank Loans for Petrobras’ Brazilian Offshore Oil Exploration and Development
    Background on Ex-Im Bank:

    * The Export-Import Bank of the United States’ (Ex-Im Bank) mission is to help create and sustain jobs for American workers. The Bank does this at no cost to the American taxpayer; in the past sixteen years the Bank has netted the American people $4.9 billion and the jobs those exports have supported.
    * More than 80% of Bank authorizations during the last fiscal year directly benefited small businesses.

    Charges and facts:

    Charge: The U.S. government is giving away more than $2 billion in taxpayer dollars to Brazil’s largest oil and gas company to drill for oil in Brazil.

    Fact: The Bank has approved a preliminary commitment to lend up to $2 billion to Petrobras for the purchase of American-made goods and services. The funds will go to American exporters as payment for their sales to the company. Of note, the Bank is self-sustaining and no taxpayer dollars are involved.

    Charge: The loans to Petrobras represent a giveaway of U.S. tax dollars.

    Fact: The Bank’s activities do not cost the American taxpayer a dime. In fact, since 1992 the American people netted more than $4.9 billion and the jobs those exports created.

    Charge: America is exporting jobs to Brazil as a result of the loans.

    Fact: Only American made goods and services qualify for Ex-Im Bank loans or guarantees. This is the government doing what it’s supposed to do – helping to create U.S. jobs, making sure that Americans get a fair shot at selling goods and services, and helping American workers compete on a level playing field against foreign competition.

    Charge: The loan to Petrobras represents a reversal of the Obama Administration’s policies on off-shore drilling.

    Fact: The Bank’s bipartisan Board unanimously approved the preliminary commitment to Petrobras on April 14, 2009, before any Obama appointees joined the Bank. In fact, at the time the Bank’s Board consisted of three Republicans and two Democrats, all of whom were appointed by George W. Bush.

    Read Chairman Hochberg’s Letter to the Editor that appeared in the August 21, 2009 editions of the Wall Street Journal.

  2. raicha
    April 3rd, 2010 @ 5:25 pm

    https://www.exim.gov/brazil/pressrelease_082009.cfm

    Facts About the Proposed Ex-Im Bank Loans for Petrobras’ Brazilian Offshore Oil Exploration and Development
    Background on Ex-Im Bank:

    * The Export-Import Bank of the United States’ (Ex-Im Bank) mission is to help create and sustain jobs for American workers. The Bank does this at no cost to the American taxpayer; in the past sixteen years the Bank has netted the American people $4.9 billion and the jobs those exports have supported.
    * More than 80% of Bank authorizations during the last fiscal year directly benefited small businesses.

    Charges and facts:

    Charge: The U.S. government is giving away more than $2 billion in taxpayer dollars to Brazil’s largest oil and gas company to drill for oil in Brazil.

    Fact: The Bank has approved a preliminary commitment to lend up to $2 billion to Petrobras for the purchase of American-made goods and services. The funds will go to American exporters as payment for their sales to the company. Of note, the Bank is self-sustaining and no taxpayer dollars are involved.

    Charge: The loans to Petrobras represent a giveaway of U.S. tax dollars.

    Fact: The Bank’s activities do not cost the American taxpayer a dime. In fact, since 1992 the American people netted more than $4.9 billion and the jobs those exports created.

    Charge: America is exporting jobs to Brazil as a result of the loans.

    Fact: Only American made goods and services qualify for Ex-Im Bank loans or guarantees. This is the government doing what it’s supposed to do – helping to create U.S. jobs, making sure that Americans get a fair shot at selling goods and services, and helping American workers compete on a level playing field against foreign competition.

    Charge: The loan to Petrobras represents a reversal of the Obama Administration’s policies on off-shore drilling.

    Fact: The Bank’s bipartisan Board unanimously approved the preliminary commitment to Petrobras on April 14, 2009, before any Obama appointees joined the Bank. In fact, at the time the Bank’s Board consisted of three Republicans and two Democrats, all of whom were appointed by George W. Bush.

    Read Chairman Hochberg’s Letter to the Editor that appeared in the August 21, 2009 editions of the Wall Street Journal.

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