U.S. Rep. Mike Pompeo, R-Wichita, said how disappointed he was by the decision. “I have already demanded answers from the Pentagon on why they made this very unfortunate decision, and will continue to do so,” he wrote. “This contract is critical both to our nation’s security and to jobs….”
The exclusion decision leaves the A-29 Super Tucano built by Brazil’s Embraer as the lone contender for the initial contract to supply 35 planes, with the potential for 55 aircraft worth up to $950 million, not including foreign sales. Embraer has formed a partnership with Nevada-based Sierra Nevada Corp. and has said it would build the turboprop in Jacksonville, FL., where the company figured the 50 jobs may be created.
The Brazilian embrace doesn’t end there. A decision has been made to drop the 54 cents-per-gallon tariff on imported ethanol. This also could be a boon for Brazilian ethanol, which, unlike the domestic corn-based product, is produced mostly from sugar cane, which grows like weeds in that country.
One explanation for the favoritism toward Brazil is that Brazil is the fourth –largest U. S. creditor. It holds $198 billion in Treasury securities. American exports to Brazil have more than doubled over the past five years.
But what is the most important reason for all this boot-licking of Brazil? It seems more than coincidence that multi-billionaire ultra-leftist George Soros—Obama’s biggest campaign contributor– owns part of Brazil’s Petrobras oil giant and, as well, just happens to have connections with Embraer through Harbin-Embraer Aircraft, a Chinese-Brazilian joint venture, and Hainan Airlines, in which Soros owns a significant stake. Aha!
Could this, perchance, be just more steps toward President Obama’s only really important goal—reelection? Forget about creating jobs in America. Let our tax dollars go overseas at the expense of local jobs, for the benefit of investment in a foreign aircraft company and perhaps even the weakening of our national security.
It smells like Chicago-style pay-back time for Obama’s major political sponsor, George Soros, and his valuable Brazilian connections.
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