With More Americans Out of Work, Obama Wants to Stimulate Brazil's Economy Through Oil Production

Obama says he cares about American jobs--so much he spent over $800 billion with the promise of new jobs that didn't deliver. We are learning even more how much Obama hates the American worker. While America is suffering an energy crisis that could be partially resolved by freeing up restrictions on American oil, we learn today Obama is about to invest heavily into developing Brazil as the next source of American oil. Hey, let's create a Middle East in our own back yard.

Investors Daily writes:

We will help Brazil develop its offshore oil so we can one day import it.

We have noted this double standard before, particularly when — at a time when the president was railing against tax incentives for U.S. oil companies — we supported the U.S. Export-Import Bank's plan to lend $2 billion to Brazil's state-run Petrobras with the promise of more to follow.

Now, with a seven-year offshore drilling ban in effect off of both coasts, on Alaska's continental shelf and in much of the Gulf of Mexico — and a de facto moratorium covering the rest — Obama tells the Brazilians:

"We want to help you with the 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."

Obama wants to develop Brazilian offshore oil to help the Brazilian economy create jobs for Brazilian workers while Americans are left unemployed in the face of skyrocketing energy prices by an administration that despises fossil fuels as a threat to the environment and wants to increase our dependency on foreign oil.