Bailing Out The U.S.?

Fri Nov 21, 2008 at 01:57 pm
By jamie

us-lgflag I really don’t know what to take away from this:

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.

Are we looking at a more massive sell of of America? It sure sounds like it. It also sounds like the region of the world we have been screwing up for so long now has us by the short hairs.

Comments

Selling America? Nope. They'll get this loan if they can, on credit, and default on it, along with all the rest.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <a> <em> <strong> <ul> <ol> <li> <img><blockquote><p><br>
  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options