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George Soros Sees Silver Lining in BP Spill

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Posted on June 13 2010 1:08 pm
Liz Blaine is a financial analyst, author and freelance writer on finance, economics and politics. Follow her on Twitter and her blog Liz Blaine.
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By: Joy Tiz

Reuters is reporting that Brazil stands to benefit from the BP oil spill disaster as the US moratorium makes more rigs available for other countries.

It’s estimated that thirty five rigs are now sitting idle in the Gulf of Mexico.  Brazil is already getting inquiries from companies wanting to move their rigs there.  Brazil’s state oil company, Petrobras already produces about a fourth of the world’s deep water oil.  The shortage of rigs could help Brazil become  a major oil exporter.

What an amazing stroke of good fortune for Obama’s boss, unrepentant Nazi collaborator, George Soros! Soros is also invested  in offshore oil drilling in Brazil, assisted by the American taxpayers. 

Read the full article at JoyTiz.com

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