The Saudis Financed 9/11

Bill Quick is looking at a subject I haven’t paid much attention to. The Saudi involvement in 9/11.

Some information has leaked from the redacted section, including a flurry of pre-9/11 phone calls between one of the hijackers’ Saudi handlers in San Diego and the Saudi Embassy, and the transfer of some $130,000 from then-Saudi Ambassador Prince Bandar’s family checking account to yet another of the hijackers’ Saudi handlers in San Diego.

An investigator who worked with the JTTF [Joint Terrorism Task Force] in Washington complained that instead of investigating Bandar, the US government protected him — literally. He said the State Department assigned a security detail to help guard Bandar not only at the embassy, but also at his McLean, Va., mansion.

The NY Post reports:

The source added that the task force wanted to jail a number of embassy employees, “but the embassy complained to the US attorney” and their diplomatic visas were revoked as a compromise.

Former FBI agent John Guandolo, who worked 9/11 and related al Qaeda cases out of the bureau’s Washington field office, says Bandar should have been a key suspect in the 9/11 probe.

“The Saudi ambassador funded two of the 9/11 hijackers through a third party,” Guandolo said. “He should be treated as a terrorist suspect, as should other members of the Saudi elite class who the US government knows are currently funding the global jihad.”

So one of the countries the US attacked in post 9/11 fever was the wrong one. It should have been the Saudis and not Saddam. Evidently that error is being in part rectified by the US Congress.

So what is Congress doing about it? Fox News reports:

Saudi Arabia has reportedly told the Obama administration and congressional leaders that it will sell billions of dollars in U.S. financial assets if Congress passes a bill to make the Saudi government legally responsible for any role in the 9/11 attacks.

The administration has tried to stop Congress from passing the legislation, a bipartisan Senate bill, since Saudi Foreign Minister Adel al-Jubeir last month told Washington lawmakers his country’s position, according to The New York Times.

Al-Jubeir purportedly informed the lawmakers during a trip to Washington that Saudi Arabia would be forced to sell as much as $750 billion in Treasury securities and other American financial assets on the world market, fearing the legislation could become law and U.S. courts would then freeze the assets.


(About 3 and a half minutes)

So who might be behind moving the allegations against the Saudis on to the national stage? What happens if the Saudis sell US bonds? Interest rates would go up and the value of already issued bonds would go down accordingly. If the Saudis sold all at once the value of their holdings would be reduced. The dollar would get stronger relative to other currencies. That would hurt China with its dollar peg.

And then there is global jihad. Ralph Peters says:

Iran is our external enemy of the moment. Saudi Arabia is our enduring internal enemy, already within our borders and permitted to poison American Muslims with its Wahhabi cult.

Oh, and Saudi Arabia’s also the spring from which the bloody waters of global jihad flowed.

Iran humiliates our sailors, but the Saudis are the spiritual jailers of hundreds of millions of Muslims, committed to intolerance, barbarity and preventing Muslims from joining the modern world. And we help.

Firm figures are elusive, but estimates are that the Saudis fund up to 80% of American mosques, at least in part. And their goal is the same here as it is elsewhere in the world where Islam must compete with other religions: to prevent Muslims from integrating into the host society.

Let me leave you with this image which makes the US/Saudi relations abundantly clear.

Bush Saudi Kiss2

Ya know, I do not believe the Bushes have America’s best interests at heart.


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3 responses to “The Saudis Financed 9/11”

  1. captain*arizona Avatar
    captain*arizona

    you just found this out?

  2. Simon Avatar

    cap,

    No. However it is in the news so it seemed like a post on the matter might be useful.

  3. CapitalistRoader Avatar
    CapitalistRoader

    What happens if the Saudis sell US bonds? Interest rates would go up and the value of already issued bonds would go down accordingly.

    Marginally at best. It would hurt the Saudis more than us. Remember a few years ago when OPEC members—especially the Iranian and Venezuelan idiocracies—were bloviating about how they were going to switch from the dollar to the euro because the US was evil incarnate? How’d that work out?

    Saudi Arabia needs hard currency more than we need their treasury holdings. And after the euro went into the tank a couple of years ago the absolute premier hard currency is the US dollar.

    My guess is that the Kingdom is running out of cash with oil prices staying low and has been steadily selling off their treasuries anyway. But there’s no way to find out since the Saudis have a special, super secret deal with the US to not disclose how big their treasury holding are, unlike the rest of the world’s countries.

    Thank the Great Pumpkin and fracking that the US became the world’s largest oil producer last year. ‘Course, commie Bernie wants to ban all fracking but he’s an idiot.