US seeks 300 billion dlrs from Gulf states: report

[DogPoundPup]

Source: Yahoo

The United States has asked four oil-rich Gulf states for close to 300 billion dollars to help it curb the global financial meltdown, Kuwait's daily Al-Seyassah reported Thursday.

Quoting "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 recession.

The 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.

Read more: http://news.yahoo.com/s/afp/20081120/bs_afp/financeeconomyusgulf_081120072928;_ylt=As8HYF6PR0TsbvJOoU6Ff0es0NUE

[DJ13]

1. ....

[Turborama]

6. Great pic!

Got any idea what breed it is? My rescue dog used to look exactly like that when it was a puppy and we can't work out what it is...

[KansDem]

2. "...asked Saudi Arabia for 120 billion dollars, the United Arab Emirates for 70 billion dollars..."

Just for those who might have forgotten:

15 of the 19 attackers on 9/11 came from Saudi Arabia
2 of the 19 attackers on 9/11 came from the United Arab Emirates.
Total = 17.

That's 89 percent. 89 percent of those terrorists who attacked us on 9/11 are either friends and business partners of the Bush Family, or connected to Cheney's Halliburton. Now we want them to provide us with "financial aid."

And why the hell are we in Iraq?

[KoKo]

5. It's amazing isn't it and yet the RW media still puts out mis-info that it was those sub-prime Mtgs.

:grr:

[The Stranger]

10. 19 people don't represent a nation, or even a group of nations.

Nor are whole nations "business partners."

Probably best to keep it focused on individuals and individuals' crimes, lest we fall into the trap of profiling and bigotry, which is what we have spent the last 8 years trying to undo.

[Turborama]

3. How can anyone "forgive" a debt of 16 billion dollars?

Things sure seem to be getting desperate when you have to do that... Is China refusing to lend any more?

[htuttle]

4. But...we can't be broke. We still have checks left in our checkbook!

[iamthebandfanman]

7. oh the irony

seeing as the majority of their money probably came from us in the first place.

[Idealism]

8. So when will the US bonds no longer be given AAA ratings?

Thats what I'm thinking, seeing as we are having to ask the lowly Middle-East for help.

[Strelnikov_]

9. Actually they are demanding that the petrodollar recycling system be maintained

IMHO.

We depend on recycling of petrodollars to enable the import of 67% of our petroleum representing 30% of the worlds export market.

Prepare for domestic petroleum shortages.