US seeks 300 billion dollars
from Gulf states:
Thu Nov 20, 2:29 am ET
Not too many years ago many Americans were up in arms that the
Japanese were buying up US stocks, US real estate and US businesses and that
through this our nation was in danger of losing its financial sovereignty. Here now we are faced with the Muslim Oil
Cartel of the Middle East that has been
snapping up our stocks, real estate, and business interests with the hundreds
of billions of petrol dollars we have been sending them. It is horrific that
the US Government is now inviting these Muslim States to take over our
financial institutions, so that from this point on they will not only be making
oil money but money from our bank loans. Rest assured that these nations could no be
Prophetically this is akin to King Hezekiah letting visitors from Chaldea
see all the treasures of Israel
and the temple of the Lord.
(AFP) – The United States
has asked four oil-rich Gulf states
for close to 300 billion dollars to help it curb the global financial meltdown,
daily Al-Seyassah reported Thursday.
"highly informed" sources, the daily said Washington
has asked Saudi Arabia for
120 billion dollars, the United Arab Emirates
for 70 billion dollars, Qatar
for 60 billion dollars and was seeking 40 billion dollars from Kuwait.
Al-Seyassah said Washington
sought the amount as "financial aid" to face the fallout of the
financial crisis and help prevent its economy from sliding into a painful
daily said the United States
plans to use the funds to help the ailing automobile industry
, banks and other companies suffering from the global financial turmoil.
four nations, all members of OPEC, produce together 14 million barrels of oil
per day, around half of the cartel's production and about 17 percent of world
four states are estimated to have amassed close to 1.5 trillion dollars in
surplus in the past six years due to high oil prices that rocketed above 147
dollars in July before sliding to just above 50 dollars.
daily also said that the United States
has asked Kuwait
to forgive its Iraqi debt estimated at around 16 billion dollars.