To: philv who wrote (21111 ) 6/8/2004 9:45:31 PM From: sea_urchin Respond to of 82254 Phil > "* Saudi oil is controlled by an increasingly bankrupt, criminal, dysfunctional, and out-of-touch royal family that is hated by the people it rules and by the nations that surround its kingdom." That's the story the boyz like to tell and then they bring it to the boil when they want to push the oil price up a bit. In fact, if you think about it, that statement applies even better to Washington than to Saudi! > The Saudis are playing with real money As I understood it, the Saudis are actually in debt to the US banks and that's the way they saw to it that the US "protected" them and their oil. If it wasn't so, you can be sure that a "Coalition Force" would have "liberated" the Saudis of their oil and "democratized" their money long ago. The Saudi aristocracy are not so stupid. If I can see the play, they certainly can. And, make no mistake, so can the Israelis! > The Saudis hold another trillion dollars or so in the U.S. stock market. This gives them a remarkable degree of leverage in Washington. You could have kidded me. Compared to the Israeli/AIPAC chutzpah, which effectively runs US foreign policy in the Mid East, all the Saudi money is worth effectively zilch. In fact, it provides the means for the boyz on Wall Street to have a ball and get rich on someone else's expense account. Indeed, someone who has to keep his mouth shut otherwise he gets a kick in the pants. Do you think they didn't have a good reason when they planted 12 fake Saudi passports on the "terrorists" who allegedly did 9-11?! > If they were suddenly to withdraw all their holdings in this country, the effect, though perhaps not as catastrophic as having a major source of oil shut down, would still be devastating That's not possible. The US banks have them by the balls -- and the throat.