Fox News - what an incompetent bunch

Discussion in 'Politics' started by SouthAmerica, Jan 24, 2012.

  1. January 24, 2012

    SouthAmerica: Stuart Varney a real clown.

    Fox News – January 24, 2012
    Brazil Finds Oil and Selling It to China - 3B dollars of your taxes At Work

    <iframe width="420" height="315" src="" frameborder="0" allowfullscreen></iframe>

    Stuart Varney
    Anchor of “Varney & Co.” from Fox News

    At minute 4 of this video this clown from Fox News gives his opinion and he thinks that Brazil has to sell its oil to the United States, because the U.S. Export-Import Bank lent US$ 2 billion dollars to Petrobras in August 2009.

    He is clueless that China's government lent US$ 10 billion dollars to Petrobras in 2009....

    This clown from Fox News has no idea that Petrobras invest around $ 55 billion dollars per year, and that the US$ 2 billion dollars that the U.S. Export-Import Bank lent to Petrobras represents a little more than petty cash to Petrobras.

    Since August 2009 Petrobras has invested about US$ 130 billion dollars.

    Big deal, the U.S. Export-Import Bank invested US$ 2 billion dollars in Petrobras.

    As usual Stuart Varney proved that he is an incompetent idiot with his silly comments on Fox News – this time with his comments about Petrobras regarding Brazil, China, and the USA.


    Wall Street Journal – August 18, 2009
    Obama Underwrites Offshore Drilling

    ...The U.S. Export-Import Bank tells us it has issued a "preliminary commitment" letter to Petrobras in the amount of $2 billion and has discussed with Brazil the possibility of increasing that amount. Ex-Im Bank says it has not decided whether the money will come in the form of a direct loan or loan guarantees.


    Wall Street Journal – July 22, 2011
    Brazil Petrobras Approves $ 225 Billion Investment Plan

    ...Petrobras said that it will invest $224.7 billion in the 2011-2015 period, up slightly from the $224 billion in outlays set in the 2010-2014 investment plan. Investments for 2011 were set at $55 billion, down slightly from the previous plan's projection of about $60 billion, Petrobras said.


    Bloomberg News – April 14, 2011
    Petrobras May Seek China Development Bank Loan After Borrowing $10 Billion

    ...Petrobras, Brazil's state-run oil company, is in talks with China Development Bank Corp. for a new loan after borrowing $10 billion from the policy bank in 2009, bank Chairman Chen Yuan said.

  2. GTS


    SouthAmerica: A real clown.

    (And resident ET Brazil cheerleader...rah rah rah)

    We get it, everything Brazil does is great, anyone who says anything bad about Brazil is an idiot.

    Isn't there a dedicated web site for Brazil-lovers where you can mentally masturbate each other with your love for Brazil and hatred for anything negative said about Brazil?
  3. 377OHMS


    Hey Mods, any chance of moving this down to P&R?

    Of course, asking for something to be moved mostly guarantees that it will not be moved.
  4. Fox News disbursing disinformation, half-truths and outright lies? I'm shocked you even suggest that an ideologically biased news service such as Fox would do such a thing! Scat has now put you ignore. So there.
  5. 377OHMS


    ..speaking of clowns who can't trade..

  6. *****

    SouthAmerica: Reply to GTS

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