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Cinnamon

Senators vote to override Obama’s veto of Sept. 11 bill (Saudi lawsuits)

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 Cinnamon    24,796

<snip>

Senators voted 97-1 to override Obama’s veto. The lone “no” vote was Senate Minority Leader Harry Reid, D-Nev.

A House vote on Obama’s veto was expected later in the day Wednesday. If the House also overrides, the bill becomes law. During his nearly two terms in office, Obama has never had a veto overridden by Congress.

Despite reversing Obama’s decision, several senators said defects in the bill could open a legal Pandora’s box, triggering lawsuits from people in other countries seeking redress for injuries or deaths caused by military actions in which the U.S. may have had a role.

<snip>

http://www.breitbart.com/news/senators-vote-to-override-obamas-veto-of-sept-11-bill/?utm_source=facebook&utm_medium=social

So... since the oligarchs have dragged us into wars all around the world, this bill could cause the U.S. to be sued into oblivion and bankruptcy.  This system has to end and soon!  The real criminals need to pay their dues and leave us out of their crimes they commit in our name daily. 

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 Brio    1,038
16 minutes ago, Johnny Appleseed said:

Bribe more Senators?

I dunno, the only 'no' vote was Harry Reid's. They will not be pleased about it.

Quote

May, 2016

Additionally, rising tensions between the U.S. and Saudi Arabia led the kingdom to make a recent shocking threat. Sources told CNN in April that Saudi Arabia threatened to sell off American assets if Congress passed a bill that would allow 9/11 victims to sue foreign governments. A Saudi source at the time told CNNMoney that the kingdom was "serious" about this threat.

Dumping a vast sum of U.S. Treasuries at once could cause the securities to tank, potentially destabilizing global financial markets. It could also severely hurt Saudi Arabia's own finances, leading many experts to conclude the threat was empty.

http://money.cnn.com/2016/05/16/investing/saudi-arabia-us-debt-ownership-revealed/

Their banks are on the edge of insolvency (see link above), they're hurting from POO, they may need to dump some treasuries.

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 Cinnamon    24,796
21 minutes ago, Brio said:

I dunno, the only 'no' vote was Harry Reid's. They will not be pleased about it.

http://money.cnn.com/2016/05/16/investing/saudi-arabia-us-debt-ownership-revealed/

Their banks are on the edge of insolvency (see link above), they're hurting from POO, they may need to dump some treasuries.

POO... oh man lol that's just WRONG! 

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 Stan Hail    213

Thanks for that link Brio.

Here's a article from ZeroHedge earlier this year  that is a little all over the place but it runs through the a few sides of the situation in pretty good detail. 

http://www.zerohedge.com/news/2016-04-16/saudi-arabia-threatens-us-it-will-liquidate-its-treasury-holdings-if-congress-passes

Their opinion seems to be that Saudi is bluffing. Basically, Yes it would  likely be economically disastrous for us but it would also be economically disastrous for the Saudis. An economic mutually assured self destruction.

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 Brio    1,038
6 minutes ago, Stan Hail said:

An economic mutually assured self destruction.

The $113 bb or so the Saudis hold of US debt isn't significant in the face of some estimated $2 quadrillion of derivatives floating about, but is enough to be a red herring for a planned collapse. The Saudis can't get Iran or Russia on to a production cut which would raise POO (lol, yet sick I know Cinn but there it is) Brexit, Deutsch Bank in big trouble, Syria in an unparalleled mess with WWIII emerging. The Saudis and Qatar want and need the EU market so does Israel for the Palestinian's lng fields which Israel confiscated after 'Operation Cast lead'.

hmmm... The fields off Gaza are a straight shot to Europe. Why isn't Israel undercutting Russia's monopoly on that market?

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