Back in January, when the market was watching in shocked silence as oil prices were crashing to decade lows and as concerns emerged that Saudi Arabia may need to commence selling its vast, if unquantified, USD reserves, we wrote a post titled “Attention Finally Turns To Saudi Arabia’s “Secret” US Treasury Holdings” where we noted something very surprising: whereas we do know that Saudi Arabia is the owner of the world’s third largest USD reserves…
… their actual composition remains as a secret, because while the US discloses the explicit Treasury holdings of all other nations, Saudi Arabia’s holdings, for some unknown reason, are not officially disclosed.
“It’s a secret of the vast U.S. Treasury market, a holdover from an age of oil shortages and mighty petrodollars,” Bloomberg wrote of Saudi Arabia’s US Treasury holdings.
“As a matter of policy, the Treasury has never disclosed the holdings of Saudi Arabia, long a key ally in the volatile Middle East, and instead groups it with 14 other mostly OPEC nations including Kuwait, the United Arab Emirates and Nigeria,” Bloomberg goes on to note, adding that the rules are different for almost everyone else. Although Saudi Arabia’s “secret” is protected by “an unusual blackout by the U.S. Treasury Department,” for more than a hundred other countries, from China to the Vatican, the Treasury provides a detailed breakdown of how much U.S. debt each holds.”
So who does know how much US paper the Saudis are sitting on? Well, the Saudis of course,”a handful of Treasury officials,” and some bureaucrats at the Fed, Bloomberg says, noting that “for everyone else, it’s a guessing game.“
Yes, a “guessing game,” but one that will very soon have profound consequences for markets and for geopolitics.
We closed with a simple, if suddenly very prophetic question:
“who would be the new patron saint of the US Treasury Department in the event the Saudis drawdown all of their reserves and decide to diversify away from USD assets… Put differently, who will monetize the US deficit if relations between Washington and Riyadh hit the skids over Iran?”
First, a quick tangent: we have been greatly surprised by the reemergence of the topic of September 11 in recent weeks, and specifically the taboo – in official circles – issue whether there was a “Saudi connection” in the biggest terrorist attack on US soil. Just last weekend, out of the blue, 60 Minutes held segment on the “28 pages” that were classified in the Congressional investigative report into 9/11 – pages that allegedly confirm the Saudi connection.
To be sure, 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. It was the surprising rekindled focus on these 28 pages in recent days that suggested that something may have been afoot.
In a stunning report by the NYT, 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.
Or mostly Congress, because Obama has remained steadfast in his support of his Wahhabi petrodollar overlords, and has been busy lobbying 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……
The NYT rports that none other than 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.”
This stunning threat has caught America off guard, because until now it had largely been speculated that not the Saudis but China would use the “liquidation of Treasurys” as a bargaining chip. As it turns out, Saudi Arabia was the first.
To be sure, the Saudis whose budget deficit has soared in the past year as a result of collapsing oil prices, would stand to benefit from monetizing their US reserves. According to many, it is only a matter of time anyway. However, a dramatic, immediate liquidation would likely spark a market panic. 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 Obama administration, meanwhile, is far less concerned about the market impact of a Saudi liquidation, and far more worried what a real inquiry into the Saudi role of Sept.11 would reveal (and who it would implicate)…..
“Obama 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.”
…..the logic is that if the US pursues a full-blown inquiry into the Saudi role behind 9/11, the US itself would be subject to a comparable stripping of immunity – with respect to alleged U.S. terrorist attacks – and “create a terrible precedent.” In effect, the US government is defending its position by saying that if one can get to the bottom of Saudi terrorism in the U.S., the world may next learn about U.S. terrorism across the globe.
• source: zerohedge.com
FACT: 28 pages documenting specific indications of foreign government support of the 9/11 hijackers are being hidden from the American people.
Congressman Thomas Massie described the 28 pages as “shocking” and said, “I had to stop every couple pages and…try to rearrange my understanding of history. It challenges you to rethink everything.”
How the United States covered up Saudi Arabia’s role in 9/11
In its report on the still-censored “28 pages” implicating the Saudi government in 9/11, America’s ’60 Minutes’ investigations TV show said last weekend that the Saudi role in the attacks has been “soft-pedalled” to protect America’s delicate alliance with the oil-rich kingdom.
That’s quite an understatement.
Actually, the kingdom’s involvement was deliberately covered up at the highest levels of US government. And the cover-up goes beyond locking up 28 pages of the Saudi report in a vault in the US Capitol basement. Investigations were throttled. Co-conspirators were let off the hook.
Case agents I’ve interviewed at the Joint Terrorism Task Forces in Washington and San Diego, the forward operating base for some of the Saudi hijackers, as well as detectives at the Fairfax County Police Department in Virginia, who also investigated several 9/11 leads, say virtually every road led back to the Saudi Embassy in Washington, as well as the Saudi Consulate in Los Angeles.
Yet time and time again, they were called off from pursuing leads. A common excuse was “diplomatic immunity.”
• source: thesun.co.uk
A Senator Just Went on 60 Minutes Claiming the 9/11 Attackers Had “Support from Within the US”
It has been well-known by informed Americans that Lynch, read the “stunning” documents, and claimed they “offer[ed] direct evidence of complicity on the part of certain Saudi individuals and entities.”
The 28-pages have been conveniently avoided by those in the mainstream media — until now.
On Sunday night’s episode of 60-Minutes, former Florida governor, Democratic U.S. Senator and onetime chairman of the Senate Select Committee on Intelligence, Bob Graham will implicate the US ally on national television.
On Saturday, CBS News released a trailer for the episode and an accompanying article.
“I think it’s implausible to believe that 19 people, most of whom didn’t speak English, most of whom had never been in the United States before, many didn’t have a high school education, could have carried out such a complicated task without some support from within the United States,” says Graham in the clip.
Until now, anyone who questioned the highly suspect ‘official’ narrative on the 9/11 attacks has been labeled a conspiracy theorist or a kook. But when current and former members of Congress, U.S. officials, and the 9/11 Commissioners themselves call for the release of these 28-pages, which tells a different story of what happened that fateful day — people will listen.
CBS reports, Graham and his Joint Inquiry co-chair in the House, former Representative Porter Goss (R-FL) — who went on to be director of the CIA — say the 28 pages were excised from their report by the Bush Administration in the interest of national security.
This information being aired on mainstream television is nothing short of historical and is a bombshell to those seeking the truth. For over a decade, the families of the victims have demanded the full story on what happened and have only been met with ridicule and closed doors.
Even the 911 commission was railroaded. Not only were the commissioners given extremely limited funds to conduct their investigation, but they were also met with dead ends in almost every direction.
…..Whatever is in those 28-pages, the United States government does not want you to know. As is the case most of the time when the government keeps a secret, it’s because they have been doing something they shouldn’t have. It is high time we, as American citizens, demand they release this report.
• source: thefreethoughtproject.com
Press TV – “The Fifteen 9/11 Saudi ‘Hijackers’ Were CIA Agents Working For US”
– Fifteen of the 9/11 “hijackers” from Saudi Arabia were CIA agents working for the United States government , which was seeking to destroy the Middle East for Israel and to double the American military budget, says Dr. Kevin Barrett, an American academic who has been studying the events of 9/11 since late 2003.
Dr. Barrett, a founding member of the Scientific Panel for the Investigation of 9/11, made the remarks in a phone interview with Press TV on Wednesday, after a number of US lawmakers called on the White House to declassify documents that shed light on Saudi Arabia’s possible complicity in the September 11, 2001 terrorist attacks.
The former congressmen say the 28-page classified document proves two Saudi nationals who were behind the 9/11 attacks received support and assistance from Riyadh while in the United States.
“It appears that Release the 28 Pages movement has succeeded or at least it is on the brink of success. We heard on Monday from an Obama administration source that the president is planning to finish the review process, presumably meaning he would be declassifying these pages before the end of his presidency,” Dr. Barrett said.
“And now this is Wednesday, and Nancy Pelosi has called for releasing the 28 pages. It does appear that it actually is quite likely to happen very soon. This is fascinating news. It will certainly cause more issues in the relationship between the United States and Saudi Arabia, because it appears the 28 pages primarily focus on the support from Saudi ruling circles for some of the alleged 19 hijackers, who were in fact falsely blamed for the crimes of September 11, 2001,” he added.
“The real issue here is whether this will end up prying open the entire case of 9/11 or whether it could become a sort of a limited hang-out. It could be simply used to channel popular anger against the government of Saudi Arabia, perhaps create a little more distance in the US-Saudi relationship, but not really change anything,” he stated.
“And that would be a tragedy, because we need to reopen the entire 9/11 case. The actual relationship between the Saudis and 9/11 is certainly not one of having this Saudi ruling family completely controlling the 9/11 attacks and in charge of the plot; that’s ridiculous. Saudi Arabia is a US puppet state.”
15 Saudi men were ‘patsies’
“We know that the 15 hijackers who were Saudis, the alleged hijackers, because they were not on those planes – not one of the 19 hijackers, or any Arabs, were on any of the four planes, according to the passenger list, and according to all of the evidence that would be there if they were on the planes, but has not been produced,” Dr. Barrett said.
“So these 15 Saudi patsies, who were set up to take the blame for 9/11, were in fact CIA agents. We know this – I had this confirmed directly by a CIA source that these 15 Saudis entered, and repeatedly reentered on these supposedly – they call them employment visas, but there’s a special number for employment visas that are only given to CIA assets as a reward for their service to the Central Intelligence Agency, and this visa allows them to come to the US. Typically they’re paid for their work for the CIA in Saudi Arabia, and then they are given this special kind of visa which is disguised as an employment visa but it’s a of particular type,” he stated.
“And all 15 of these guys had that visa. That shows that they were in fact Central Intelligence Agency agents. Some of them were living with FBI people in California. So these 15 Saudis were not working against the United States government, they were working for the United States government, and they were set up so that Saudi Arabia could be potentially blamed for the September 11 attacks, which were actually perpetrated by Israel and its American assets,” he pointed out.
“The purpose was to make sure that Saudi Arabia didn’t leave the American orbit, as the king had threatened in August of 2001. Similarly Pakistan was also set up. The ISI chief was tricked, ordered, or whatever into sending money to Muhammad Atta. And then that was broadcast in an Indian newspaper. Pakistan likewise was threatening to leave the American orbit in 2001,” he said.
“Now the Zionist dominated imperial apparatus here in the United States didn’t want nuclear Pakistan, and oil-rich Saudi Arabia to become independent countries. So, it used 9/11 to herd them back into the imperial orbit, among other things,” the scholar observed.
What was chief purpose of 9/11?
“But of course the chief purpose of 9/11 was to destroy the seven countries in five years that General [Wesley] Clark talked about, that were enemies or threats to Israel. Will this full truth come out thanks to the release of these 28 pages, which could lead to the reopening of the 9/11 case?” Dr. Barrett said.
General Wesley Clark: Wars Were Planned – Seven Countries In Five Years
“Well if it reopens the fact that Building 7 – the most obvious demolition in New York was Building 7, but the Twin Towers as well were controlled demolitions. There were no hijackers on any of these planes, not one Arab name on any of these planes. Not one shred of evidence that any of them were on the planes,” he said.
“If these facts actually come out and we learn that September 11th was a cover and deception operation by Israel and its American assets, and that includes sort of quasi assets like [George W.] Bush, [Dick] Cheney, and [Donald] Rumsfeld, and so on, and it was designed as a New Pearl Harbor, designed not only to destroy the Middle East for Greater Israel but also to double the American military budget, and invigorate the American empire – well, it ended up killing the American empire,” he stated.
“It certainly did help Israel; they destroyed all of its neighbors, virtually. But the United States is now in terrible shape. In order to turn America around, we really need Donald Trump to keep his promise to reveal to the people who really knocked down the Twin Towers, and it was the Zionists,” the analyst noted.
“Once we learn that, we may be in a position to radically revamp the power structure here in the United States, taking it away from the Zionist dominated corporate structure — the banking, the investment industry, and the media apparatus — and take America back for the American people, end the American empire, and usher in a new multi-polar era of peace,” Dr. Barrett concluded.
• source: goldenageofgaia.com
Firefighters, Architects & Engineers Expose 9/11 Myths Official Trailer September 11, 2015 Premiere