Originally Posted by Billybob

How is this not a surprise? The world viewed through such a prism results in such analysis!

“Americans are right to wonder why Mr. Obama is underwriting in Brazil what he won't allow at home.”

Clearly the theme of the article is that the US Government supporting the development of foreign hydrocarbon infrastructure and capacity while at the say time failing to do the same here. The fundamental question is should the government of the US expend it’s energy to develop better competitors domestically or in foreign places? How is this not more of the same "exploitation of little brown people for their natural treasure" liberals’ harangue about every day? How is facilitating the development of "the global warming industrial pollution complex" off the beach at Impanema "responsible"? Green? Not killing polar bears by proxy?

The IEB loan guarantees while benefiting some specific US firms in the short term are counterproductive in the long term. If there was an expanding hydrocarbon exploration and development industry domestically not only would the aforementioned firms be benefitting but many others would as well.

Lao Tzu- quoted, "Give a man a fish; feed him for a day. Teach a man to fish; feed him for a lifetime", which has a wonderful analogy with the modern world of management
today.

Oh yeah, Roger, Bill and Glen send their thanks for the props!