Real Wealth Society

Saturday, November 03, 2007

The Deal of the Century By James Jaeger

Dear Concerned Citizens:

For those of you who are wondering how our deal with Saudi Arabia goes, study the attached diagram. This diagram is not complete, but it will give you an idea. I will forward more information and possibly more sophisticated diagrams if you express an interest by writing back.


Put simply in words: United States citizens pay dollars for gasoline that comes from Saudi Arabia under control of the Kingdom, also known as the House of Saud. Much of this money, then called "petrodollars" earned by the House of Saud, is used to purchase US T-bills, i.e., US debt. Interest on this debt is paid by the US citizens. This interest is then allocated to corporations like Halliburton and other multinational engineering and consulting firms. These multinationals then build infrastructure for Saudi Arabia, much or most benefiting just the Kingdom. A significant amount of the petrodollars that went into US T-bills is then allocated by Congress into the military.


The US military is thus expected to use its resources to protect the House of Saud from the millions of disgruntled Saudi citizens (such as the 17 that flew jets into our buildings on 9/11) and other countries around the Middle East that don't like US foreign policy or presence in the area. These citizens/countries are disgruntled because they don't like the following:

a) seeing the House of Saud selling off so much of their oil to the US at under market prices;

b) the Kingdom allowing the US military to place tanks on holy lands, such as Meca and Medina,

c) the U.S., being 5% of the world's people, consuming 25% of the worlds energy and

d) causing a significant amount of global warming that effect all. As a result of the Deal of the Century, and other things, terrorists, such as Osama bin Laden, arise from the ranks of the Saudi people and attack the US, US allies and the House of Saud itself. Profits derived from the above mentioned multinational firms building Saudi infrastructure are hidden away in off-shore corporate accounts so they can avoid paying taxes to their host country, i.e. the US.


James Jaeger

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1 Comments:

  • Wow that is a good way to explain the cycle of oil and money from/to the Saudis. Right to the point, and it explains why this war is being fought; not for the benefit of us American citizens nor for the benefit of the Iraqi and Afghanistan citizens. Those making profits off the war are the same people who started it, funny isn't it that the people who hijacked the planes on 9/11 were Saudis? Sounds like there might be some kind of connection. I would like to hear more about your thoughts on the connection between Halliburton and the administrations of the U.S. and Saudi Arabia.

    By Anonymous Anonymous, At 12:33 PM  

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