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Insanity: Nearly Bankrupt US Lends Brazil $105 Million for an Aquarium
5 years ago

The U.S. Export-Import Bank, an agency of the federal government, is lending $105 million to the Brazilian state of Ceara to help build an aquarium in its capital city of Fortaleza.

“An anticipated tourist attraction, the aquarium will boast four floors housing 25 large tanks containing approximately 15 million liters of water and showcasing 500 marine species and 35,000 individual specimens,” the Export-Import Bank said in a press release.

“The aquarium will also feature interactive exhibits, two 4D cinemas, one 3D cinema, and an educational platform dedicated to the research and preservation of aquatic life along the Brazilian coastal regions,” said the U.S.-government-controlled bank. “When completed, Acquario will rank as the largest aquarium in the Southern Hemisphere and the third largest in the world.”

The bank says the $105 million loan for the project will “finance the export of American good and services” for construction of the aquarium.

In May, President Barack Obama signed legislation to reauthorize the Export-Import Bank through fiscal 2014, increasing its financing authority from $100 billion to $140 billion.

Read more from this story HERE.

5 years ago

Joe Miller was the 2010 Republican nominee for the US Senate from Alaska. He is a West Point graduate and decorated combat veteran from the first Gulf War. A former judge, Joe graduated from Yale Law School and was later awarded an advanced economics degree from the University of Alaska. He is presently chairman of Restoring Liberty Action Committee. Read more about Joe by clicking the "About Joe" tab above. To stay informed on news that affects your liberty, follow Joe: Newsletter | Facebook | Twitter | Shop Amazon - Best Selling Products - Updated Every Hour

5 years ago

Isn't it enough to make your blood boil!?!? It's like they are doing this to REALLY PI*S OFF Americans!!! I mean this does not even make ANY sense at all!! The only reason anyone would be doing this when we are in this much financial trouble is to make the scenario worse off and make Americans more upset than we are now! This fraud in the White House has got to go! How much more can we take or should we take before every American raises up in arms!?!?

5 years ago

He's just pissing the money away, while he has the Communist party backing his financial agenda to destroy us and make us dependent on gov't.  Part of the communist plan for gov't. control. What's it gonna take for others to realize what dangerous grounds they have been treading by idolizing Obama and everything he stands for?  For them to start killing us off?   What? - God only knows. 

5 years ago

I agree with you Sherry!!!! Who knows!? None of it is good!!

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