Energy: We didn't hear the administration crow about it, but Brazil is about to get $10 billion from U.S. taxpayers to develop its offshore oil reserves. It's not a bad idea, but something's still wrong with the big picture.
Given how many ratholes our government could pour its money down wind farms, switch grass it's good to learn some cash is going toward something productive.
Last week, Spain's news wire reported that the U.S. Eximbank is raising its stake in Brazil's rich offshore oil fields to as much as $10 billion, from an initial $2 billion.
