We are Fighting their Wars, Yet???

[Newt]

Saudi Arabia Plans $2 Trillion Megafund for Post-Oil Era: Deputy Crown Prince


Pot would be big enough to buy world's four largest companies
First step will be sale of Aramco stake by 2018, prince says


Saudi Arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized assets.

Over a five-hour conversation, Deputy Crown Prince Mohammed bin Salman laid out his vision for the Public Investment Fund, which will eventually control more than $2 trillion and help wean the kingdom off oil. As part of that strategy, the prince said Saudi will sell shares in Aramco’s parent company and transform the oil giant into an industrial conglomerate. The initial public offering could happen as soon as next year, with the country currently planning to sell less than 5 percent.

“IPOing Aramco and transferring its shares to PIF will technically make investments the source of Saudi government revenue, not oil,” the prince said in an interview at the royal compound in Riyadh that ended at 4 a.m. on Thursday. “What is left now is to diversify investments. So within 20 years, we will be an economy or state that doesn’t depend mainly on oil.”

Almost eight decades since the first Saudi oil was discovered, King Salman’s 30-year-old son is aiming to transform the world’s biggest crude exporter into an economy fit for the next era. As his strategy takes shape, the speed of change may shock a conservative society accustomed to decades of government handouts.
Buying Buffett and Gates

The sale of Aramco, or Saudi Arabian Oil Co., is planned for 2018 or even a year earlier, according to the prince. The fund will then play a major role in the economy, investing at home and abroad. It would be big enough to buy Apple Inc., Google parent Alphabet Inc., Microsoft Corp. and Berkshire Hathaway Inc. -- the world’s four largest publicly traded companies.

PIF ultimately plans to increase the proportion of foreign investments to 50 percent of the fund by 2020 from 5 percent now, said Yasir Alrumayyan, secretary-general of the fund’s board.

The blueprint for structural change follows a series of measures last year to curb spending and prevent the budget deficit from exceeding 15 percent of gross domestic product. At the end of December, authorities raised the prices of fuel and electricity and pledged to end wasteful budget spending after oil prices plunged.

More will follow those “quick fixes” as part of a “National Transformation Plan” to be announced within a month, including steps to raise non-oil revenue steadily through various measures including fees and value-added taxes.

“We are working on increasing the efficiency of spending,” said Prince Mohammed, who is second-in-line to the throne. The government used to spend up to 40 percent more than allocated in its budget and that was whittled to 12 percent in 2015, he said. “So I don’t believe that we have a real problem when it comes to low oil prices.”
Too Late?

The question is whether the reaction to the more than halving in the price of a barrel of crude has come too late, especially given the Saudi influence over the oil market. The country will only freeze output if Iran and other major producers do so, the prince said.


If they can buy the worlds four biggest corporations then buying the worlds four most powerful men should be just peanuts.
Think about it. What would it cost to buy Bush, Obama, Clinton. Maybe Soros is their middle man.

[Pine Mt Beagles]

They already own ,the Bush and Cheney families,,

President Obama and the Clintons can't be bought ,They're not Republican's.

[Newt]

They already own ,the Bush and Cheney families,,

President Obama and the Clintons can't be bought ,They're not Republican's.

Clintons don't need the money. They have sold our Uranium to Russia, High Speed Computers to China, Arms to Muslim Brotherhood, and can barely pay the rent. That is according to Bill. Hillary said they were broke and can barely make the payment on their half dozen homes.
Po Folks indeed.

[Pine Mt Beagles]

About 20 years ago,,before they made money selling books giving speeches to Republican who wanted to learn to stop Lieing .
Newt,,,you are a sick little boy.

[Pine Mt Beagles]

But,,
I really think some of these Countries should be paying for their own defense.

[Rabbithoundjb]

LMAO! You haven't done any thinking for yourself in decades PMB.

[Newt]

But,,
I really think some of these Countries should be paying for their own defense.

Here you go:

France Raids Mosques… What They Found Inside Proves TRUMP IS RIGHT!
Kosar

France

The deadly Islamic terrorist attack in Paris, France killed more than 130 people. Unlike America after an attack, France started immediately raiding Islamic mosques to see what they could find. After all, far too many people in the Muslim community have not been helpful with bringing forth information to authorities.

And while those French investigators have been called racists, a Langy-sur-Marne based mosque was raided this week anyway… And they found a large collection of 7.62 Kalashnikov ammo along with boxes of Islamic State (ISIS) propaganda videos.

Authorities also raided one of the mosque’s leader’s homes, and found a revolver hidden near jihadist documents.

Police also found recordings of religious chants “glorifying the martyrs of jihad linked to the terrorist organization Jabhat al-Nusra”, the Syrian branch of al-Qaeda, the prefecture added.

The recordings were found among a wealth of teaching material for young people in an undeclared madrassa, or religious school. Police removed a hard disk and 10 computers.
“No request was made to open a private school,” the state prefecture said in its statement.

Mohammed Ramdane, president of the local Muslim association in Lagny, had criticised the closure of the prayer hall at the time, saying: “Nothing has been found in the mosque. Nothing is hidden, we don’t hide anything.



France isn’t messing around. They’ve arrested more than 230 muslims and collected more than 324 weapons. Many others are under travel bans and house arrest. They have shut down three mosques and have raided more than 2,300 homes.

As France’s Interior Minister Bernard Cazeneuve recently noted:

Cazeneuve said the number of weapons apprehended so far is staggering.

He said: “In 15 days we have seized one-third of the quantity of war-grade weapons that are normally seized in a year.”

And many French leaders have joined those voices in the EU calling for an end to importing Syrian Islamic refugees, as a proper screening process is impossible.

Compare that to the response we saw from President Barack Obama, who tried to blame the attacks on San Bernardino on “workplace violence” for days, while calling on his Attorney General to prosecute those who speak out against radical Islam.

It looks like Trump’s comments were right, and it’s time to start treating Muslim communities with suspicion!

Do you support France’s approach to stomping out terrorism?

Read more: http://www.thepoliticalinsider.com/fran ... z44rJEZdU3

After decades of making jokes about the Panty waisted French military and their weak leaders, America voted for an empty suit twice. The French, Iran, and Cuba all see Obama as gutless A-hole, yet PM you still waving the flag.

Sempre fidelis "always faithful" or "always loyal", just doesn't have the ring of pride I once thought.
Maybe the statue of Iwo Jima should be revised and Put Obama, Sharpton, and maybe Pee Wee Herman or Farrakhan. They are more representative of todays military leaders.

[Newt]

Meanwhile:
quote:
The crew of a U.S. Navy ship stopped a massive Iranian arms shipment dead in its tracks, seizing thousands of weapons, AK-47 rifles and rocket-propelled grenade launchers that likely were headed to Yemen, the Pentagon announced Monday.

The seizure, which unfolded in the Arabian Sea on March 28, was the third of its kind in recent weeks, military officials say. Iran has been supporting Houthi rebels in Yemen in their proxy war against a Saudi-led coalition backed by the United States. Like Iran, the Houthis are a Shia-led group.