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Arabia
Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill
2016-04-17
[NYTIMES] Soddy Arabia
...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face...
has told the B.O. regime and members of Congress that it will sell off hundreds of billions of dollars’ worth of American assets held by the kingdom if Congress passes a bill that would allow the Saudi government to be held responsible in American courts for any role in the Sept. 11, 2001, attacks.
Oooohh, a fire sale! I'm sure us locals will be happy to take advantage of the situation.
The B.O. regime has lobbied Congress to block the bill’s passage, according to administration officials and congressional aides from both parties, and the Saudi threats have been the subject of intense discussions in recent weeks between politicians and officials from the State Department and the Pentagon. The officials have warned senators of diplomatic and economic fallout from the legislation.

Adel al-Jubeir, the Saudi foreign minister, delivered the kingdom’s message personally last month during a trip to Washington, telling politicians that Saudi Arabia would be forced to sell up to $750 billion in treasury securities and other assets in the United States before they could be in danger of being frozen by American courts.

Several outside economists are skeptical that the Saudis will follow through, saying that such a sell-off would be difficult to execute and would end up crippling the kingdom’s economy. But the threat is another sign of the escalating tensions between Saudi Arabia and the United States.

The administration, which argues that the legislation would put Americans at legal risk overseas, has been lobbying so intently against the bill that some politicians and families of Sept. 11 victims are infuriated. In their view, the B.O. regime has consistently sided with the kingdom and has thwarted their efforts to learn what they believe to be the truth about the role some Saudi officials played in the terrorist plot.

"It’s stunning to think that our government would back the Saudis over its own citizens," said Mindy Kleinberg, whose husband died in the World Trade Center on Sept. 11 and who is part of a group of victims’ family members pushing for the legislation.
Posted by:Fred

#5  How about we increase the fracking...a lot?
Posted by: Frank G   2016-04-17 15:26  

#4   If we thought The Saudies were involved we could seize the assets ourselves. Just not sure why we would wait 15 years.
Posted by Airandee


Two things make the world go around, and the other one is money. I'm betting on the money.
Posted by: Besoeker   2016-04-17 11:28  

#3  If we thought The Saudies were involved we could seize the assets ourselves. Just not sure why we would wait 15 years.
Posted by: Airandee   2016-04-17 11:05  

#2  The 9/11 Commission said there was “no evidence” to tie the Saudi government to the terrorist attack but a 28-page portion of the report is still classified. Link

WTF! First the Clinton emails admitting knowledge of the Benghazi attack as terrorism, then the PAK story about ISI payments and the Chapman bombing, now THIS! My world, my shadow presidency it's, it's crumbling.


Posted by: Besoeker   2016-04-17 03:36  

#1  Reuters reports that the Obama administration is lobbying against the Bill

so Obama is siding with the Saudis over US Citizens, victims of 9/11

I see why Trump is popular - Saudis can afford large campaign donations, get their sympathisers jobs in the administration -> lobby for Saudi

GO TRUMP
Posted by: anon1   2016-04-17 02:31  

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