First, we have nothing to fear from the Saudis except 1) their terrorism and 2)their death cult. The USA has oil independence if we choose it and oil needs are met by a dozen difference sources today. Iran (just as bad) is more than happy to displace Saudi oil and is the Saudi's sworn enemy. Russia has lots of oil to sell. Hell, there is a massive oil field sitting under Cornwall, England! Oil is literally everywhere we look and fracking has reinvigorated old wells from the 1920s.
So oil is not the issue. Money cannot be the issue, either, as the US dollar is easily capable of sustaining a $800Billion dollar hit. Do you all remember that the USA gave the banks $850Billion in just the TARP bailout alone?
And then we gave an additional $4Trillion to the financial and equities market in the form of QE and ZIRP! So the Saudis can crinkle those Franklin's and curse at the sky all they want but they have no real leverage over the US economy.
But what the Saudis do have is power over the US Congressmen and Senators and President that they have paid bribe money to. And maybe they have blackmail material on some, right? Maybe they know about Senators who have off shore tax havens created with that bribe money?
You know, Mossack Fonseca is just one of several large money laundering and tax dodging enablers in the global financial black market. We just scratched the surface, I'm sure, with those 11million documents. There are literally $tens of Trillion$ of digital dollars in hidden bank accounts, paper shell companies all over the Caribbean and elsewhere.
Corruption is the real leverage that the Saudis have. That is the real power card they hold. Watch this unfold closely and you will see the usual suspects from Hillary Clinton to Mitch McConnell to DNC and RNC party bosses working deals to protect the Saudi secrets from being revealed.
Want this merry-go-round of corruption to stop? DONALD TRUMP 2016!
Spot on analysis. $0.75T is a lot, but all said, it wouldn't even register among one of the larger sectors in the US economy alone, let alone the rest of world trading in USD.
Not too "spot on". Which is it- 850 billion or "$0.75 T" Oh what's $100,000,000,000 ? If I'm nit-pickin', put that little nit-pick in my bank account. And re-define "spot on".
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novictim ago
First, we have nothing to fear from the Saudis except 1) their terrorism and 2)their death cult. The USA has oil independence if we choose it and oil needs are met by a dozen difference sources today. Iran (just as bad) is more than happy to displace Saudi oil and is the Saudi's sworn enemy. Russia has lots of oil to sell. Hell, there is a massive oil field sitting under Cornwall, England! Oil is literally everywhere we look and fracking has reinvigorated old wells from the 1920s.
So oil is not the issue. Money cannot be the issue, either, as the US dollar is easily capable of sustaining a $800Billion dollar hit. Do you all remember that the USA gave the banks $850Billion in just the TARP bailout alone?
And then we gave an additional $4Trillion to the financial and equities market in the form of QE and ZIRP! So the Saudis can crinkle those Franklin's and curse at the sky all they want but they have no real leverage over the US economy.
But what the Saudis do have is power over the US Congressmen and Senators and President that they have paid bribe money to. And maybe they have blackmail material on some, right? Maybe they know about Senators who have off shore tax havens created with that bribe money?
You know, Mossack Fonseca is just one of several large money laundering and tax dodging enablers in the global financial black market. We just scratched the surface, I'm sure, with those 11million documents. There are literally $tens of Trillion$ of digital dollars in hidden bank accounts, paper shell companies all over the Caribbean and elsewhere.
Corruption is the real leverage that the Saudis have. That is the real power card they hold. Watch this unfold closely and you will see the usual suspects from Hillary Clinton to Mitch McConnell to DNC and RNC party bosses working deals to protect the Saudi secrets from being revealed.
Want this merry-go-round of corruption to stop? DONALD TRUMP 2016!
hi5enigma ago
Spot on analysis. $0.75T is a lot, but all said, it wouldn't even register among one of the larger sectors in the US economy alone, let alone the rest of world trading in USD.
scottsacco ago
Not too "spot on". Which is it- 850 billion or "$0.75 T" Oh what's $100,000,000,000 ? If I'm nit-pickin', put that little nit-pick in my bank account. And re-define "spot on".