NAIVE PRESIDENT FAILS AGAIN AS BRAZIL SIGNS LUCRATIVE CONTRACT WITH CHINA

Ah, the mighty Obamadollar. You know the currency of which I speak; our president throws it around with the reckless abandon of a drunken sailor. He uses it to polarize a nation. He does his Socialistic best to take it from those who have worked hard and earned it honestly – only to redistribute it to those whom he urges to hate “big corporations” and “the rich.” Like all good Democrats, Barack Obama uses money – borrowed money – to divide America.

Our “sophisticated” and “worldly” president also uses Obamadollars to influence international friends and enemies alike. While his naive adventures in influence peddling are commonplace and have largely failed, every once in awhile one of those failures is so spectacular that it deserves more than a passing rolling of the eyes and an obligatory “I told you so.”

This is one of those times, America. The story begins in 2009, with Obama enthusiastically committing a minimum of $2 billion to oil exploration – offshore drilling, no less. What’s wrong with that, you ask? The commitment – and the Obamadollars –  went to Brazil.

The Regime enthusiastically agreed to lend billions of Obamadollars to Brazil’s state-owned oil company, Petrobras, for the exploration of a huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin.

Irrespective of one’s views on U.S. offshore drilling, is this corporate foreign aid not odd, given that the U.S. Treasury is desperate for cash and Petrobras is one of the largest corporations in the Americas? (Not to mention Obama’s view that large corporations – particularly energy corporations – are inherently evil.)

The stupendous miscalculations this man makes are incredible. He leaves American oil (and jobs) in the ground. He kills the Keystone Pipeline – and thousands of more jobs – while alienating Canada and forcing it to sell the oil to China in the process. But Brazil? Hell Yeah.

“We want to work with you. We want to help with technology and support to develop these oil reserves safely, and, when you’re ready to start selling, we want to be one of your best customers.”

Seriously? A wing and a prayer? Careful, Mr. President – your naivete is showing again.

Less than a month after Obama did everything but kiss Brazil on the lips, President Dilma Rousseff was off to Beijing to sign oil contracts with two huge state-owned Chinese oil companies. The deals are part of a growing relationship between the two countries that gives China greater influence over Brazilian oil. China: 1, US: 0. (Oops – I forgot about Keystone: China: 2, US: 0.)

Can you imagine being CEO of a company and committing billions of (borrowed) dollars to another company – with no more than “hope” that said company will reciprocate and do business with you? Is this the “hope” that Mr. Obama talked about in 2008? Is this the "change" he promised us?

Can you also imagine what Obama would say about a corporation and its management team that signed away billions of dollars with no guarantee of return?

America can no longer afford your “hope and change,” Mr. President.