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Hillary Clinton

Guess Who Else Hearts Brazil?



Hillary Clinton has lauded the Brazilian economy as “growing like crazy” as a result of high taxation.

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The Secretary of State is suddenly bleating about the brutal unfairness inherent in not forcing Americans fork over even more of their income to the all mighty government. Clinton:
Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what – they’re growing like crazy.

The American Thinker reminds us that Clintonian “facts” are chimerical things:

But, as with any ‘fact’ a Clinton or an Obama apparatchik cites, you need to look it up for yourself. Which I did. Brazil’s GDP grew 2.0% in the last quarter. The average rates for 2007, 2008 and 2009 were 1.61%, 0.39% and 0.96%, respectively.

For those who may be wondering, our own GDP growth in the last quarter was 3.00%. But I digress. The point is: Either (1) Hillary didn’t know Brazil’s actual growth rate; (2) she did know, but lied about it or (3) she knew and considers 3.00% GDP growth “growing like crazy.” Pick any one, two, or – this is the Obama administration, after all - all three.

Coincidentally, the Puppet Master himself– unrepentant Nazi collaborator, George Soros has gone sweet on Brazil too:

Billionaire George Soros’sAdecoagro venture, which invests in agriculture and renewable energy in Latin America, is considering an initial public offering to help fund projects in Brazil that include a $700 million sugar mill.

Soros’ Adecoagro owns or leases about 840,000 acres of farmland in Argentina, Brazil and Uruguay growing coffee, soybeans and other commodities. Royal Dutch Shell Plc and Bunge Ltd. Are also expanding into ethanol in Brazil.

Adecoagro, founded in 2002 by investors including Soros to buy Argentine farmland after the peso crashed, plans to more than double sugar-cane crushing in Brazil to 11 million metric tons by 2016, from 4.8 million now, and also build a 6 million- ton cane processor in Mato Grosso do Sul state this year. It also may buy a Brazilian sugar mill, Vieira said in Sao Paulo.

Always one to hedge his bets, Soros is also invested in offshore oil drilling in Brazil, assisted by the American taxpayers. Newsmax:

The Wall Street Journal reports: ‘The United States, through the U.S. Export-Import Bank, has issued a ‘preliminary commitment’ of $2 billion and more if needed’ to Petroleo Brasileiro SA, a Brazilian government-owned oil exploration and development corporation known as ‘Petrobras.’

Soros Fund Management, LLC holds a stake in Petrobras of approximately $900 million as of December 31, 2009.

George Soros’ principal investments are in oil; one in particular is Petrobras, the Brazilian-owned company. This happens to be the largest investment in the Soros portfolio at the present time.

Now that word is out that the facilities of the U.S. Export-Import Bank SA is offering guarantees for loans to Brazil’s state-owned oil company Petrobras, U.S. citizens are beginning to complain.

How darned sporting of Hillary to take time out from her busy schedule to talk up her boss’s Brazilian investments.



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Joy Tiz -- Bio and Archives

Joy Tiz,Joytiz.com, has been quoted by Ann Coulter, as heard on Lou Dobbs radio, The Rusty Humphries Show, Bill Cunningham, KSFO in San Francisco, WOR in New York, Premiere Radio Networks, Air America and other major shows.

Joy was born in Chicago, long enough ago to remember when many democrats were actually normal people who were just wrong about everything. Joy holds a M.Sc. in psychology and a JD in law.  Joy hosts The Joy Tiz Show  Wednesdays at 2 pm Pacific/5 pm Eastern.

 

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