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| Arabia |
| The anger that fuels Middle East terrorism |
| 2004-09-16 |
| From Geostrategy Direct, requires subscription. Blinding statement of the obvious(BSO), but shows in numbers the staggering wealth that is not going to the right place in the ME. Think Islamists are angry with the West? Forget it. Their greatest anger is reserved for the Arab despots who have become among the wealthiest people in the world as their people are mired in poverty. A new study to be released later this month at the International Islamic Finance Forum in Istanbul shows the rich are getting much richer in the Middle East. The study reports that private wealth in the Middle East -- particularly in Gulf Cooperation Council states, such as Kuwait and Saudi Arabia -- is growing at an unprecedented rate thanks to soaring oil prices. How rich is rich? The study said conservative estimates of private wealth in the GCC are around $1.5 trillion. Think of the entire federal budget of the United States. Holy Schitskis! The sheiks are putting away their money for a rainy day. Like when they have to boogaloo to Switzerland or somewhere else in Eurabia when s**t hits the fan and the "people" are coming for their heads! The report said close to half of the private wealth in the GCC -- or $650 billion -- was being Who are given a token amount to keep them soft and pliable. |
| Posted by:Alaska Paul |