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U.S. sends 12,000 troops to Libya

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hypocritexposer

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Nation building OT? Or was this just another war for oil?

The United States has sent some 12,000 soldiers to Libya, in the first phase of deployments to the oil-rich North African nation.


According to Asharq Alawsat, the troops landed in the eastern oil port city of Brega.

Although the deployment is said to be aimed at generating stability and security in the region, the troops are expected to take control of the country's key oil fields and strategic ports.

Brega, the site of an important oil refinery, serves as a major export hub for Libyan oil. The town is also one of the five oil terminals in the eastern half of the country.

Following the popular uprising of the Libyan people, NATO launched a major air campaign against the forces of the former regime on March 19, 2011 under a UN mandate to “protect the Libyan population.”

The Western military alliance, however, was heavily criticized for its failure to protect civilians and taking action beyond the terms of the UN mandate.

On October 20, Libyan dictator Muammar Gaddafi was killed in his hometown of Sirte, eight months into an uprising that put an end to his 42-year dictatorship.

Human rights groups have accused NATO of committing war crimes and human rights violations against Libyans.

http://www.presstv.ir/detail/222317.html
 

Sandhusker

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That can't be true. Obama said that there would be no US troops on Libyan soil. He would never lie.
 

Tam

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Since Brazil is selling their oil to China after Obama invested $2 billion there and Canada is talking about selling our oil to China since Obama sold us out to the greenie vote, nice he is actually trying to protect one source of Oil for the US market.
 

hypocritexposer

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Tam said:
Since Brazil is selling their oil to China after Obama invested $2 billion there and Canada is talking about selling our oil to China since Obama sold us out to the greenie vote, nice he is actually trying to protect one source of Oil for the US market.


the environmentalist vote is one of the number reasons for "police action"
 

Mike

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Tam said:
Since Brazil is selling their oil to China after Obama invested $2 billion there and Canada is talking about selling our oil to China since Obama sold us out to the greenie vote, nice he is actually trying to protect one source of Oil for the US market.

Not quite, he's protecting it for Europe. Sickening too.
 
A

Anonymous

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Tam said:
Since Brazil is selling their oil to China after Obama invested $2 billion there and Canada is talking about selling our oil to China since Obama sold us out to the greenie vote, nice he is actually trying to protect one source of Oil for the US market.

ANSWER

This claim stems from a "preliminary committment" made back on April 14 by the board of directors of the Export-Import Bank of the United States. The bank intends to loan up to $2 billion to finance exports to the Brazilian oil company Petróleo Brasileiro S.A., known as Petrobras, over the next several years.

The e-mail is false on two counts.

The message falsely says the decision was due to an "executive order" by the president. No presidential order was required. Furthermore, none of President Obama’s appointees had joined the Ex-Im board at the time of the vote, which was unanimous, and bipartisan. The Ex-Im Bank states: "In fact, at the time the Bank’s Board consisted of three Republicans and two Democrats, all of whom were appointed by George W. Bush."
The message falsely claims that "we have absolutely no gain" from the loan. In fact, the loan is being made specifically to finance purchase by Petrobras of U.S.-made oilfield equipment and services. The mission of the Ex-Im Bank is to encourage exports by making such loans.

The bank’s chairman and president, Fred P. Hochberg, underscored the purpose of the loan during a trip to Brazil at the end of July:

Ex-Im Bank President Hochberg, July 29: I chose Brazil as my first international destination for good reason: Brazil is a powerhouse among South American economies and offers tremendous opportunities for U.S. exporters in many sectors. I want Brazilians to know that Ex-Im Bank has the will and the capacity to finance their purchases of U.S. equipment, products and services

Obama appointed Hochberg to the Ex-Im Bank on April 20, nearly a week after the board voted to approve the loan. He was confirmed May 14 and sworn in May 21.

The message claims that George Soros would "benefit most" from the loan, but that is also a baseless accusation. Soros is a favorite whipping boy of conservatives because of his early financial help to the liberal group MoveOn.org. And he is indeed a major investor in Petrobras, through his New York-based hedge-fund firm, Soros Fund Management LLC. But the hedge fund recently sold 22 million shares of common stock in the company (which carry voting rights) while buying 5.8 million shares of preferred stock (which is non-voting.) As reported by Bloomberg News, Soros reduced his stake in the company before any of the Ex-Im Bank’s promised loan has been dispensed.

There is some truth to the claim that China would benefit, but not much. Brazil recently agreed to export 200,000 barrels of oil per day to China in coming years. But that was in return for a loan by China of $10 billion, five times more than the U.S. Ex-Im Bank is lending to finance purchase of U.S. gear.

The Ex-Im Bank also would like it known that no loan has yet been made, and that the "preliminary commitment" could eventually result in either a direct loan or a loan guarantee. Either way, the Ex-Im Bank states, "no taxpayer dollars are involved." The bank is self-sustaining.

-Brooks Jackson
 

Mike

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Obama has done everything within his power to kill the oil business in the USA and to countries that might export to us.

Stopped the drilling in the Gulf, won 't approve the XL pipeline, and set on his azz and let Brazil contract with China.

He is a detriment to our economy and worldwide standing..........
 

jorgea

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It's almost always about oil. The only difference is the word games they choose to use to disguise the truth. I hope to read more interesting posts here at http://www.ranchers.net
 

smalltime

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I think that is the point jigs.He does not run the nation and is not expected too. :)
 

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