RUSH: "The U.S. Export-Import Bank, an independent agency of the federal government, is now planning a $2.84-billion loan for a massive project to expand and upgrade an oil refinery -- in Cartagena, Colombia." So we are bankrolling -- we are financing with loans -- the Brazilian oil industry, and now in Cartagena, Colombia. We're spending nearly $3 billion. "The money would go to Reficar, a wholly owned subsidiary of Ecopetrol, the Colombian national oil company. 'This is part of a$5.18 billion refinery and upgrade project in Cartagena, Colombia supplying petroleum products to the domestic and export markets,' the Export-Import Bank said in a statement."
So here's Obama using our money to subsidize other countries to look for and produce and refine oil. So why are there two standards: One that helps other nations find oil and then one that stops his own country from doing it? Why do we never upgrade our refineries? Why do we not upgrade ours? We don't build any new refineries, but we're loaning money (and be who knows if it will ever be repaid) to other countries. We're lending money or we are investing, regardless, in other companies' production, refining, sale, distribution, export, and marketing of oil. Not us! No, we gotta "go green." We gotta dial it back to the dinosaur age!
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In the interests of Order and Method: My Schedule of Regular Posts:
*Monday through Friday morning - schedules of President, VP and Secretary of State and her diplomats
*Monday through Friday afternoon - List of topics Limbaugh discussed on his program that day
*Monday through Friday througout the day - My posts on anything that I feel like talking about. At least one or two a day, sometimes more.
*Saturday through Sunday morning - An addition to my booklist of political books - covering Democrats, Republicans and other interested parties.
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