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Prince Bandar says Saudi Arabia will invest in Oil Refineries in US to

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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:32 AM
Original message
Prince Bandar says Saudi Arabia will invest in Oil Refineries in US to
help lower the price of gas. He says the reason our price is high is because we haven't built any new oil refineries!

So, all these appearances by Bandar all over our airwaves are just to support building new Oil Refineries in the US with Saudi Investment.

And, many DU'ers noticed that CNN/CNBC/MSNBC were being bombarded with slick, high pressure "Saudi Kingdom Holding Company" advertisments showing the companies S-A has invested in (Disney, etc.)

So, Cheney's Energy Plan is at work. We viewers think it's about Woodward's accusations in his book against Bandar while in the true fact is that "US needs Saudi Investment" to build more OIL REFINERIES.

:crazy: The Business Interests running wild and it's nothing to do with getting to the truth about Saudi influence in the US and 9/11...:puke:
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htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:36 AM
Response to Original message
1. I'm willing to bet that the US will be handing them a fat subsidy for this
...with the Saudis ending up with full ownership of the refineries.

It is the Bush/Saud way, after all. Socialize the costs, privatize the profits.

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leftchick Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:38 AM
Response to Original message
2. that refinery line is BS....
Edited on Sun Apr-25-04 11:39 AM by leftchick
It was refuted here on DU days ago. We don't need anymore refineries the ones we have can handle MILLIONS of gallons more was the consensus.
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skooooo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:38 AM
Response to Original message
3. oh goodie!!


THis will solve a lot of problems.
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robbedvoter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:39 AM
Response to Original message
4. Deja vue. Enron was explaining high prices in Cali this way:
Edited on Sun Apr-25-04 11:40 AM by robbedvoter
we don't have enough plants" of course, it was revealed later, the existing ones were working. These oily guys all read from the same talking points.
However the appearances are also about trying to prop W, I think.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:40 AM
Response to Original message
5. Michael Moore is right once again
Edited on Sun Apr-25-04 11:41 AM by HypnoToad
His book "Dude, where's my country" had a nice juicy chapter on how much the Saudis have invested in the USA.

Could the Saudis be setting us up for a big fall, not that it would take much by now to annihilate the US economy? (one of any number of factors could disintegrate it: Housing bubble, foreign outsourcing, offshoring, cutting taxes on the rich and making the poor pony up the difference, replacing the lost jobs with retail ones that pay nowhere near as much, peak oil, more troops going overseas costing us more and more $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
not to mention that these soldiers are otherwise nothing more than walking wallets to the corporations...)

Hell, who needs the Saudis? We're boned.
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Catt03 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:41 AM
Response to Original message
6. They just about own us now
I read in Fortune mag that China, Saudi Arabia, and several others, carry our debt. If they pull out of debt bonds.....we are going down the tube.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:43 AM
Response to Reply #6
7. And guess what will happen then, particularly if a PNAC Prick is n charge?
:nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke: :nuke:
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walmartsucks Donating Member (149 posts) Send PM | Profile | Ignore Sun Apr-25-04 01:20 PM
Response to Reply #6
13. The sky is not falling
If i remember correctly, in the 1980's it was the Japanese who owned everything and soon we were going to be bowing to their wishes. Look how that turned out. Japan is just now emerging from a decade-long recession that lasted all through the 1990's. How'd we do during the 1990's? Furthermore, the GDP of the U.S. dwarfs that of Saudi Arabia and China. Our debt is very liquid, what with bond mutual funds that can be traded very easily. The reason people invest in the U.S. is because of the stability our economy offers. There is no risk of government nationalizing businesses if they start making too much money. Property rights are carefully guarded.
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 01:44 PM
Response to Reply #13
15. Our National Debt and Personal Debt is higher than Japan has ever had,
and look what happened to the Japanese. The Saudi's have investors who have a "lock" on their country. They've colluded with the Bush's and have propped our stock market up but all in their own interests. That's quite different from Japan's economy in the 80's.

Bandar pushing this off on "lack of oil refineries" is laughable. But of course he would be happy to invest in bogus oil refineries to give Bush and excuse to say it will help "American Unemployment and reduce our gas prices to build these bogus refineries." All to get him re-elected. It's a clever game.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:43 AM
Response to Original message
8. Ah the US of Saudi Arabia
and yes they do own us by now, and now they are just being more open about it
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:44 AM
Response to Original message
9. I think the Deutsche Bank and Kingdom Holding Co ads that run
seamlessly into each other are SPOOKY...these are the two key entities involved in 9-11 money. Deutsche Bank is everywhere when you read about put options and Saudi funding is the key to al Queda. I've never noticed TV advertising by either company previously.

There are a couple of reasons that the advertizements run so seamlessly together...

. they are partners in paying the advertizing agency who buys the space so that they can get a discount ha ha ha.

. they may be trying to improve their images with the people of the U.S., at least the ones who know their alleged involvement ha ha.

. they have bundles to spend on the most expensive type of ads.

. they have already bought out our leaders and us.

. it's there way of paying back the Murdoch, GE, TimeWarner/AOL corporations for their valuable contribution to propaganda.
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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 12:50 PM
Response to Reply #9
12. Yes, Deutsche Bank, is involved. And it's amazing how many DU'er saw
those ads last week and put 2 and 2 together. I wonder if some other folks out there in viewerland had our same questions and will dig a little deeper.

The ads were so blatent, "in your face" they were spooky. As if no one would catch on who they were, but implying how good the Saudi's were for investing in "America" like Disneyworld.

The control is incredibile!
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RafterMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:44 AM
Response to Original message
10. The real problem
The weak dollar. But of course the Saudi ambassador can't say that.
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Kahuna Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 11:46 AM
Response to Original message
11. Bandar was mimicking the administration's energy talking points..
from when the first "took" office. Saying the problem was with refinery capacity and we haven't built any new refineries in X amount of years is exactly what the bushistas were saying. Seems to imply that Bandar was a participant in Cheney's secret energy meetings.

:tinfoilhat:
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robbedvoter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-04 01:38 PM
Response to Original message
14. Got a new sig line for my e-mail:
Edited on Sun Apr-25-04 01:47 PM by robbedvoter
MR. RUSSERT:   Who's more popular in your country, Osama bin Laden or George W. Bush?

PRINCE BANDAR:  We never put those--this polling there.  But..
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