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TOPIC: Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill

Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill 16 Apr 2016 15:02 #1

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WASHINGTON — Saudi Arabia has told the Obama administration and members of Congress that it will sell off hundreds of billions of dollars’ worth of American assets held by the kingdom if Congress passes a bill that would allow the Saudi government to be held responsible in American courts for any role in the Sept. 11, 2001, attacks.

The Obama administration has lobbied Congress to block the bill’s passage, according to administration officials and congressional aides from both parties, and the Saudi threats have been the subject of intense discussions in recent weeks between lawmakers and officials from the State Department and the Pentagon. The officials have warned senators of diplomatic and economic fallout from the legislation.

Adel al-Jubeir, the Saudi foreign minister, delivered the kingdom’s message personally last month during a trip to Washington, telling lawmakers that Saudi Arabia would be forced to sell up to $750 billion in treasury securities and other assets in the United States before they could be in danger of being frozen by American courts.

Several outside economists are skeptical that the Saudis will follow through, saying that such a sell-off would be difficult to execute and would end up crippling the kingdom’s economy. But the threat is another sign of the escalating tensions between Saudi Arabia and the United States.

The administration, which argues that the legislation would put Americans at legal risk overseas, has been lobbying so intently against the bill that some lawmakers and families of Sept. 11 victims are infuriated. In their view, the Obama administration has consistently sided with the kingdom and has thwarted their efforts to learn what they believe to be the truth about the role some Saudi officials played in the terrorist plot.

“It’s stunning to think that our government would back the Saudis over its own citizens,” said Mindy Kleinberg, whose husband died in the World Trade Center on Sept. 11 and who is part of a group of victims’ family members pushing for the legislation.

President Obama will arrive in Riyadh on Wednesday for meetings with King Salman and other Saudi officials. It is unclear whether the dispute over the Sept. 11 legislation will be on the agenda for the talks
A spokesman for the Saudi Embassy did not respond to a message seeking comment.

Saudi officials have long denied that the kingdom had any role in the Sept. 11 plot, and the 9/11 Commission found “no evidence that the Saudi government as an institution or senior Saudi officials individually funded the organization.” But critics have noted that the commission’s narrow wording left open the possibility that less senior officials or parts of the Saudi government could have played a role. Suspicions have lingered, partly because of the conclusions of a 2002 congressional inquiry into the attacks that cited some evidence that Saudi officials living in the United States at the time had a hand in the plot.

Those conclusions, contained in 28 pages of the report, still have not been released publicly.

The dispute comes as bipartisan criticism is growing in Congress about Washington’s alliance with Saudi Arabia, for decades a crucial American ally in the Middle East and half of a partnership that once received little scrutiny from lawmakers. Last week, two senators introduced a resolution that would put restrictions on American arms sales to Saudi Arabia, which have expanded during the Obama administration.

Families of the Sept. 11 victims have used the courts to try to hold members of the Saudi royal family, Saudi banks and charities liable because of what the plaintiffs charged was Saudi financial support for terrorism. These efforts have largely been stymied, in part because of a 1976 law that gives foreign nations some immunity from lawsuits in American courts.

The Senate bill is intended to make clear that the immunity given to foreign nations under the law should not apply in cases where nations are found culpable for terrorist attacks that kill Americans on United States soil. If the bill were to pass both houses of Congress and be signed by the president, it could clear a path for the role of the Saudi government to be examined in the Sept. 11 lawsuits.

www.nytimes.com/2016/04/16/world/middleeast/saudi-arabia-warns-ofeconomic-fallout-if-congress-passes-9-11-bill.html#story-continues-1
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Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill 23 Apr 2016 15:26 #2

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Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill 26 Apr 2016 20:39 #3

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Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill 27 Apr 2016 03:32 #4

  • dentedarthur
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Kingdoms eh, who'd 'ave 'em?
Keep your spirit level
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Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill 17 May 2016 20:04 #5

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Bill allowing 9/11 victims to sue Saudi Arabia passes the Senate

The US Senate adopted unanimously a proposed bill that would allow Americans to sue nation-states for terrorist attacks on US soil, despite opposition from the White House and allies such as Saudi Arabia.
Dubbed “Justice Against Sponsors of Terrorism Act,” the bill sailed through the upper chamber of Congress without opposition Tuesday. It now heads to the House of Representatives, which has its own version of the proposal.

Awful lot of Saudi involvement in 9/11, says fmr commission member https://t.co/s9plUCRuV3@ManilaChan@Gayane_RT — RT America (@RT_America) May 13, 2016 “This bill is very near and dear to my heart as a New Yorker because it would allow the victims of 9/11 to pursue some small measure of justice,” said Senator Charles Schumer, a New York Democrat, according to The Hill. “[This is] another example of the [John] Cornyn-Schumer collaboration, which works pretty well around here.” Senator John Cornyn, a Republican from Texas, co-sponsored the bill and apparently prevailed over his South Carolina colleague Lindsey Graham, who had put a hold on the bill last month, citing concerns it would open the US up to lawsuits by foreign governments. Graham’s office said he dropped the hold over the recent recess, The Hill reported. FBI has 80,000 files on possible Saudi links to 9/11 – report https://t.co/g3IbYlQiqhpic.twitter.com/3XuGMzh1cA — RT (@RT_com) May 13, 2016 The bill faces bipartisan opposition in the lower chamber and the executive branch, however. “I think we need to review it to make sure we are not making mistakes with our allies and we're not catching people in this that shouldn't be caught up in this,” Speaker of the House Paul Ryan said last month, earning thanks from the White House. Read more U.S. Secretary of State John Kerry speaks during his meeting with Saudi Arabia's Foreign Minister Adel al-Jubeir © Kevin LamarqueSaudi Arabia wants US to kill 9/11 bill, threatens to dump US assets worth $750 bn - report The Cornyn-Schumer bill seeks to create an exception in the doctrine of sovereign immunity established by a 1976 law, which has so far shielded Saudi Arabia from lawsuits over the September 11, 2001 terror attacks. Fifteen out of 19 hijackers involved were Saudi subjects. Citing sovereign immunity, a federal judge threw out a lawsuit by the 9/11 families against the kingdom in September 2015. Under the Cornyn-Schumer bill, however, Riyadh could be sued because the attacks on the World Trade Center and the Pentagon killed American citizens on US soil. Saudi Arabia has voiced opposition to the bill. During the visit to Washington in March, Saudi Foreign Minister Adel al-Jubeir said the country would sell up to $750 billion in US treasury securities and other assets before the lawsuits put them in jeopardy. The warning was delivered by last month during a visit to Washington, the New York Times reported. He said his country would sell up to $750 billion in US treasury securities and other assets before the bill puts them in jeopardy. On Monday, the US Treasury Department revealed that the kingdom owned $116.8 billion in securities as of March. https://www.rt.com/usa/343344-bill-sue-saudi-senate/[VIDEO] t.co/s9plUCRuV3@ManilaChan@Gayane_RT

— RT America (@RT_America) May 13, 2016
“This bill is very near and dear to my heart as a New Yorker because it would allow the victims of 9/11 to pursue some small measure of justice,” said Senator Charles Schumer, a New York Democrat, according to The Hill. “[This is] another example of the [John] Cornyn-Schumer collaboration, which works pretty well around here.”

Senator John Cornyn, a Republican from Texas, co-sponsored the bill and apparently prevailed over his South Carolina colleague Lindsey Graham, who had put a hold on the bill last month, citing concerns it would open the US up to lawsuits by foreign governments.

Graham’s office said he dropped the hold over the recent recess, The Hill reported.

FBI has 80,000 files on possible Saudi links to 9/11 – report t.co/g3IbYlQiqhpic.twitter.com/3XuGMzh1cA

— RT (@RT_com) May 13, 2016
The bill faces bipartisan opposition in the lower chamber and the executive branch, however.

“I think we need to review it to make sure we are not making mistakes with our allies and we're not catching people in this that shouldn't be caught up in this,” Speaker of the House Paul Ryan said last month, earning thanks from the White House.

Read more
U.S. Secretary of State John Kerry speaks during his meeting with Saudi Arabia's Foreign Minister Adel al-Jubeir © Kevin LamarqueSaudi Arabia wants US to kill 9/11 bill, threatens to dump US assets worth $750 bn - report
The Cornyn-Schumer bill seeks to create an exception in the doctrine of sovereign immunity established by a 1976 law, which has so far shielded Saudi Arabia from lawsuits over the September 11, 2001 terror attacks. Fifteen out of 19 hijackers involved were Saudi subjects.

Citing sovereign immunity, a federal judge threw out a lawsuit by the 9/11 families against the kingdom in September 2015. Under the Cornyn-Schumer bill, however, Riyadh could be sued because the attacks on the World Trade Center and the Pentagon killed American citizens on US soil.

Saudi Arabia has voiced opposition to the bill. During the visit to Washington in March, Saudi Foreign Minister Adel al-Jubeir said the country would sell up to $750 billion in US treasury securities and other assets before the lawsuits put them in jeopardy.

The warning was delivered by last month during a visit to Washington, the New York Times reported. He said his country would sell up to $750 billion in US treasury securities and other assets before the bill puts them in jeopardy.

On Monday, the US Treasury Department revealed that the kingdom owned $116.8 billion in securities as of March.

www.rt.com/usa/343344-bill-sue-saudi-senate/
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Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill 17 May 2016 20:23 #6

  • Exorcist
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.......... wrote:

What a disinfo C**T Alex Jones is. Now trying to convince people Saudi Arabia was responsible. It was a JewSA Gov/Bankster. "inside job".
CGI + Controlled Demolition. No Muslim terrorist hijackers, no planes but plenty of Jewish Vic$im actors.
NUKES ARE A HOAX
TRUTH IS HATE FOR THOSE THAT HATE THE TRUTH
Meet the New Boss.....Same as the Old Boss

http://www.stopthecrime.net/Henry-Makow---Illuminati----(2008).PDF
(((ROCCO))) is a Sayanim Troll
(((HotRod))) is a (((ROCCO))) sock account
MrAnderson is a Bollock….lmao
Last Edit: 17 May 2016 20:25 by Exorcist.
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Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill 14 Jul 2016 19:58 #7

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Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill 17 Jul 2016 01:24 #8

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Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill 17 Jul 2016 10:40 #9

  • ragnarok
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"May have," "suspected to be," - that is hardly "confirmed." Typical disinformation from RT.
Last Edit: 17 Jul 2016 10:41 by ragnarok.
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