LWW
01-27-2011, 03:19 PM
... in Brazil!
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">We didn't hear the administration crow about it, but Brazil is about to get $10 billion from U.S. taxpayers to develop its offshore oil reserves. It's not a bad idea, but something's still wrong with the big picture.
Given how many ratholes our government could pour its money down — wind farms, switch grass — it's good to learn some cash is going toward something productive.
Last week, Spain's news wire reported that the <span style='font-size: 14pt'>U.S. Eximbank is raising its stake in Brazil's rich offshore oil fields to as much as $10 billion, from an initial $2 billion.</span></div></div>
BRILLIANT! (http://www.investors.com/NewsAndAnalysis/Article.aspx?id=503235)
LWW
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">We didn't hear the administration crow about it, but Brazil is about to get $10 billion from U.S. taxpayers to develop its offshore oil reserves. It's not a bad idea, but something's still wrong with the big picture.
Given how many ratholes our government could pour its money down — wind farms, switch grass — it's good to learn some cash is going toward something productive.
Last week, Spain's news wire reported that the <span style='font-size: 14pt'>U.S. Eximbank is raising its stake in Brazil's rich offshore oil fields to as much as $10 billion, from an initial $2 billion.</span></div></div>
BRILLIANT! (http://www.investors.com/NewsAndAnalysis/Article.aspx?id=503235)
LWW