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-Lurid Crime Tales-
Saudi dad 'mortgaged' son to repay debts
2008-12-01
A boy reported missing by his father in Saudi Arabia was in fact 'mortgaged' off to a family friend in another city because the father needed money to repay his debts, a Saudi newspaper reported on Sunday.

The father reported his missing son in the Tabouk governorate setting off an intensive three day police search that turned up nothing, according to the Saudi daily Okaz. The police reportedly grew suspicious after the father did not follow up with them after he filed the report.

Upon questioning his wife said that the boy disappeared after a friend of her husband's from Jeddah came for a visit. "He remained as a guest at our house for two days before he left back home," she told the police.

The police investigation eventually showed that the father had 'mortgaged' his son to his friend in return for SR20,000 ($5,300), which he needed to repay debts that had come due. "Investigation and questioning showed that the father lied about his son. He had given his son to his friend at the airport in return for the money," Maj. Gen. Obeid al-Daarmy, Tabouk police chief, was quoted by the Saudi daily.

There was no information about whether the father or his friend would be charged with a crime.
Posted by:Fred

#5  Bright Pebbles says: "Government bonds are "mortgages" on your children."

No need to get your panties in a wad.

The US govt debt as a % of GDP -- which indicates our ability to repay it -- has been pretty stable since the 1970s.

http://en.wikipedia.org/wiki/United_States_public_debt

It is not much different now than at any point in my life.

And US debt/GDP isn't much different than that of most of the G-7. In fact, it is much lower than Italy and Canada. Look here.

http://research.stlouisfed.org/publications/IETsupplement/iet2gov.pdf

Lots of people like to get hysterical over US debt and borrowing but it just ain't very dangerous or unusual at this point.
Posted by: Some guy   2008-12-01 22:55  

#4  Government bonds are "mortgages" on your children.

Wage slave is not the same as possible sex toy, Bright Pebbles. Anyway, our parents mortgaged us for their comfortable retirement, which we're not even going to get out of the current deal. There is a big difference between a bad idea, even a destructive one, and deliberate evil.
Posted by: trailing wife    2008-12-01 13:45  

#3  There was no information about whether the father or his friend would be charged with a crime.

Nah, it's okay. It's in the Koran. See. Right here...
Posted by: tu3031   2008-12-01 11:31  

#2  I wouldn't be too complacent here in the west.

Government bonds are "mortgages" on your children.
Posted by: Bright Pebbles   2008-12-01 03:55  

#1  Is this part of the Islamic Banking System?
Posted by: gorb   2008-12-01 03:19  

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