This doesn't appear to be a question of being outbid or outclassed. In fact, this seems to be a classic example of a contract being awarded without any bidding process at all, something you may remember infuriated the left when the recipient of the contract was the American company Haliburton.
There's a big difference this time. The company the no-bid contract went to isn't an American company. Worse yet, the company it did go to has questionable friends. Namely, Iran.
Embraer, a Brazilian aerospace giant, which is under investigation for potentially making illegal payments to obtain government contracts, is essentially owned by the Brazilian government. Through their "Golden Share," Brazil has control over the company's business operations.
The Obama regime sure seems to favor Brazil for some reason. It may be the fact that President Barack Obama's biggest backer, George Soros, has many investments there. The U.S. Export-Import Bank loaned Petrobas billions of dollars a couple years back, shortly after Soros' hedge fund invested in the company.
Doing some research it seems Soros has a connection to Embraer through Harbin-Embraer Aircraft, a Chinese-Brazilian joint venture, and Hainan Airlines, which Soros owns a significant stake in.
Obama' theme is to put unemployed Americans back to work. What a joke.
Howard Fosman
Sun City Hilton Head
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