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Title: Saudis threaten to sell $750 billion US assets if Congress passes bill that would let 9/11 victims sue Saudi Arabia
Source: [None]
URL Source: http://finance.yahoo.com/news/saudi ... ell-750-billion-173000859.html
Published: Apr 17, 2016
Author: Elena Holodny
Post Date: 2016-04-17 11:55:21 by BTP Holdings
Keywords: None
Views: 241
Comments: 9

Saudis threaten to sell $750 billion US assets if Congress passes bill that would let 9/11 victims sue Saudi Arabia

Business Insider By Elena Holodny

19 hours ago

Saudi Arabia King Salman bin Abdul-Aziz Al Saud (AP) Saudi King Salman bin Abdul-Aziz Al Saud

Saudi Arabia threatened to sell up to $750 billion worth of US assets held by the Kingdom if Congress passes a bill that would allow the Saudi government to be sued over 9/11, reports The New York Times' Mark Mazzetti.

Saudi Foreign Minister, Adel al-Jubeir, personally passed on the message last month during a trip to Washington, according to The Times.

The foreign minister was referring to the Justice Against Sponsors of Terrorism Act, (JASTA) which would let victims of 9/11 and other terrorist acts sue foreign sponsors of terrorism.

As Vice News noted when it was reintroduced in September, the Senate bill would pave the way for a lawsuit to proceed over Saudi Arabia's alleged role in the 9/11 terror attacks.

Saudi Arabia has been arguing that it's immune from liability over 9/11 under a 1976 law that makes it difficult to sue foreign countries in US courts. However, the JASTA legislation would allow victims of terrorism on US soil to sue foreign sponsors of terrorism.

The Obama administration has been lobbying Congress to block the bill's passage, administration officials and congressional aides from both parties told The Times. The administration argues that the legislation would put Americans at legal risk overseas.

Meanwhile, "the Saudi threats have been the subject of intense discussions in recent weeks between lawmakers and officials from the State Department and the Pentagon," writes Mazzetti. "The officials have warned senators of diplomatic and economic fallout from the legislation."

The Saudi government has routinely denied any involved in 9/11. Additionally, the 9/11 Commission found “no evidence that the Saudi government as an institution or senior Saudi officials individually funded the organization."

However, Mazzetti writes that suspicions about Saudi involvement have lingered because a 2002 inquiry from Congress cited evidence that Saudi officials living in the US were part of the 9/11 terror plot.

Notably, the Saudis' statement comes at time when US-Saudi relations are not as great as they once were following attempts to (kind of) patch things up with Iran, the Saudis' regional rival, and ongoing questions about the roles both countries should play in the Middle East.

Check out the full story at the New York Times.


Poster Comment:

Let them sell, if they can find a buyer. The Saudis were complicit and financed the attacks of 9-11.

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#1. To: All (#0)

The new Saudi King is no friend to the U.S. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-04-17   12:09:15 ET  Reply   Trace   Private Reply  


#2. To: BTP Holdings (#0)

The muzzies and the izzies must be co-defendants in any such suit, as well as the smirk administration; otherwise, it's a farce and a joke.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-04-17   12:23:13 ET  Reply   Trace   Private Reply  


#3. To: BTP Holdings (#1)

No Saudi kings are friends of the US.

The Saud ruling class is a prisoner of the Anglo-American financial system, and this clique lives and dies under the American defense umbrella. Mecca is the center of the world in their view and their dependence on us no doubt rankles their asses no end.

Still in all their megalomania, they can't deploy an effective fighting force of their own anywhere. With all of the tons of aircraft and military hardware we provide them, they can't put down a bunch of sandal wearing, AK-toting tribesmen in Yemen that Saudi forces have been hammering at for two years.

Truth is, the Sauds have no friends at all, except those that they can buy.

"If ignorance is truly bliss, then why do so many Americans need Prozac?" - Dave McGowan

randge  posted on  2016-04-17   13:06:39 ET  Reply   Trace   Private Reply  


#4. To: randge (#3)

With all of the tons of aircraft and military hardware we provide them,

Then they need to buy those new "disposable" drones that are coming out. You use them four or five times and throw them away. It will save them manpower since they had to bring in mercenaries to do the fighting they could not do themselves. More money for the military-industrial complex. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-04-17   13:31:12 ET  Reply   Trace   Private Reply  


#5. To: Lod (#2)

The muzzies and the izzies must be co-defendants in any such suit, as well as the smirk administration; otherwise, it's a farce and a joke.

The Saudis recently claimed to possess nuclear weapons. They must have gotten the technology from Pakistan since they are not a signatory to the NPT.

It is high time to set the record straight on the events of 9-11. We were not attacked and there were NO HIJACKERS on those planes. They were flown into the towers by AWACS aircraft, and NORAD kept the fighters out over the ocean so they could not shoot down the planes. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-04-17   13:39:29 ET  Reply   Trace   Private Reply  


#6. To: BTP Holdings (#4)

Yeah, we need to sell them all the shit you can stuff into containers before the roof comes down on them.

They have last year had to replace the second in line to the throne over disagreements over this Yemen war which has caused a split within the royal family. The replacement crown prince has narrowly escaped four assassination attempts.

"If ignorance is truly bliss, then why do so many Americans need Prozac?" - Dave McGowan

randge  posted on  2016-04-17   13:46:30 ET  Reply   Trace   Private Reply  


#7. To: randge (#6)

They have last year had to replace the second in line to the throne over disagreements over this Yemen war which has caused a split within the royal family. The replacement crown prince has narrowly escaped four assassination attempts.

It sounds as if the internal divisions are coming to the fore. It is a sad thing, but that is how the cookie crumbles. If the Saudi state collapses, it may mean pandemonium for the mid-east yet again. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-04-17   15:07:19 ET  Reply   Trace   Private Reply  


#8. To: BTP Holdings (#7)

If the Saudi state collapses, it may mean pandemonium for the mid-east yet again.

And if it crumbles, a major cornerstone of the petrodollar structure is dislodged.

Nuttin' is forever. ; )

"If ignorance is truly bliss, then why do so many Americans need Prozac?" - Dave McGowan

randge  posted on  2016-04-17   16:13:03 ET  Reply   Trace   Private Reply  


#9. To: randge (#8)

Nuttin' is forever.

Que sera, sera. Whatever will be, will be. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-04-17   16:23:08 ET  Reply   Trace   Private Reply  


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