Archive for March 21st, 2011

March 21, 2011

Obama Proposes Trading Batteries for Brazilian Oil Instead of Drilling Our Own

by lewwaters

The economy remains in a shamble, gas prices continue to rise, millions remain out of work and competing for scarce jobs and Obama flies off to Rio de Janeiro to somehow “help boost U.S. jobs” while starting a third war in the Middle East. Why should I be surprised to read of him also offering a cockamamie idea of trading batteries for Brazil’s oil, while also advocating t hat we need to end our reliance on foreign oil?

Nothing the man has done yet as president has made any sense, but this one even boggles my imagination. Speaking at a CEO Business Summit in Brasilia, Brazil March 19, 2011, on the day he launched the Libyan War, Obama said,

“In the United States, we’ve jumpstarted a clean energy industry and we’ll soon have the capacity to produce 40 percent of the world’s advanced batteries. If we can start sharing these new technologies, and leverage private investment from businesses like the ones in this room, we can grow our economies and clean our environment by making, using, trading, selling clean energy products all over the world.”

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