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Saudi Arabia Threatens to Sell $750 Billion in US Assets If 9/11 Bill Passes

posted by takyon on Sunday April 17 2016, @12:35AM   Printer-friendly
from the idle-threat dept.

JNCF writes:

The New York Times reports (and Yahoo! News repeats without any paywall) that the government of Saudi Arabia is threatening to sell $750 billion in treasury securities and other unidentified assets if Congress passes the Justice Against Sponsors of Terrorism Act. The bill would allow foreign governments to be sued by 9/11 victims and their families. The threat was issued by Saudi Arabian foreign minister Adel al-Jubeir to unnamed US lawmakers while he was visiting Washington sometime last month, on the grounds that these assets could be in danger of being frozen by US courts.

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  • (Score: 5, Insightful) by Appalbarry on Sunday April 17 2016, @01:33AM

    by Appalbarry (66) on Sunday April 17 2016, @01:33AM (#333039) Journal

    I assumed it would be China who eventually grabbed North America's balls, squeezed hard, and said "Bend over."

    Ship a large part of your economy, and half of your essential manufacturing to a repressed foreign regime?

    Yeah! Good for business!

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  • (Score: 2) by c0lo on Sunday April 17 2016, @02:12AM

    by c0lo (156) Subscriber Badge on Sunday April 17 2016, @02:12AM (#333052) Journal

    I assumed it would be China who eventually grabbed North America's balls, squeezed hard, and said "Bend over."

    Oh, but they started [examiner.com] to do it [telegraph.co.uk].

    It may be the reason for the oil super-production and low prices - an attemp to drive a lot of small players' economy into the ground before getting away from the UDS.

    --
    https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford

  • (Score: 2, Funny) by Anonymous Coward on Sunday April 17 2016, @05:38AM

    by Anonymous Coward on Sunday April 17 2016, @05:38AM (#333151)

    Really? Offtopic? SN is dying.

    • (Score: 0) by Anonymous Coward on Sunday April 17 2016, @09:40AM

      by Anonymous Coward on Sunday April 17 2016, @09:40AM (#333195)

      You didn't know? It would have been even worse, if you had merely mentioned that things like, for instance, Plutonium or certain by-products of nuclear power generation are highly radioactive.

  • (Score: 2) by cubancigar11 on Monday April 18 2016, @05:23PM

    by cubancigar11 (330) on Monday April 18 2016, @05:23PM (#333833) Homepage Journal

    Repressed? [twitter.com] You would be better off in China than in USA if you stopped drinking the cool-aid.