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Old 01-28-2010, 04:20 PM   #17 (permalink)
Baraka_Guru
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Quote:
Originally Posted by Shell View Post
Why would we loan a "measly" 2 billion to the already super-rich oil company, Petrobas in Brazil? (see youtubes above)
Read what I just posted above. American taxpayers didn't loan the money; the Export-Import Bank did. Petrobas may have money, but the loan of $2 billion ensures that a) they will actually go through with the project, and b) they will import American goods and services to do so.
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Last edited by Baraka_Guru; 01-28-2010 at 04:23 PM..
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