Palin Feuds With Bank, Gets Facts Wrong

Sarah Palin has expanded her blogging to include foreign policy, writing a Facebook post on Wednesday criticizing the U.S. Export Import Bank plan to lend $2 billion to the Brazilian oil company Petrobras. Jumping off an editorial in the Wall Street Journal, she wrote, Why is it that during these tough times, when we have great needs at home, the Obama White House is prepared to send more than two billion of your hard-earned tax dollars to Brazil so that the nation's state-owned oil company, Petrobras, can drill off shore and create jobs developing its own resources?

 

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