Show me the MONEY in the Middle East
We have all heard this phrase from
time to time but have you ever really
wondered just how much money these
dictators and royal families in the
Middle East are really worth?
Here's ya some number crunching
for your perusement.
Tunisia's Ben Ali worth $5 Billion
Egypt's Mubarek worth $40 Billion
United Arab Emirate's Sheikh Khalifa bin Zayed Al Nahyan worth $23 Billion
Qater's Sheikh Hamad bin Khalifa Al Thani worth $2 Billion
Libya's Gadhaffi worth $20 Billion
Yemen's Al-Saleh worth $50 Billion
Saudi Arabia's Royal Family worth $1+ TRILLION
Some even believe the Saudi Royals have so much
money that it is impossible to count it all.
But some think the Saudi Royals have a kind
heart to it's people because of it's new
$37 Billion handout welfare program. But
do you really know where that Saudi Welfare
handout is going???
To the extended Saudi Royal family
The most common mechanism for distributing Saudi Arabia's
wealth to the royal family is the formal, budgeted system of
monthly stipends that members of the Al Saud family receive,
according to the cable. Managed by the Ministry of Finance's
"Office of Decisions and Rules," which acts like a kind of
welfare office for Saudi royalty, the royal stipends
ran from about $800 a month for "the lowliest
member of the most remote branch of the family" to
$200,000-$270,000 a month for one of the surviving sons
of Abdul-Aziz Ibn Saud, the founder of modern Saudi Arabia.
Grandchildren received around $27,000 a month, "according to
one contact familiar with the stipends" system, the cable says.
Great-grandchildren received about $13,000 and great-great-
grandchildren $8,000 a month.
"Bonus payments are available for marriage and palace building,"
according to the cable, which estimates that the system cost the
country, which had an annual budget of $40 billion at the time,
some $2 billion a year.
This is one of the reasons why there is a global
economic crisis. When the rich elites horde all
the wealth and do not interject it back into
the economy, the wealthy get more wealthy and the
poor and middle class become poorer.
So just who benefits from Saudi Arabia's
Welfare handout program other than the
Saudi Royal family? Absolutely nobody.
This is the reason why you have demonstrations
and protests in the streets. Normal folks do
not have basic necessities and jobs and
education. This crisis follows no country's
borders. It trickles down to the entire world.
Islamic Revolutions are not just for freedoms
and rights but about the elites hording the
wealth from everybody else.
When these dictators fall, where does their
wealth go? And will it be redistributed
to the people whom were robbed to get it?
If you do a google search, you will find
that every single one of these dictators
that fell had their assets frozen and/or
confiscated by banks in Switzerland.
And most are being investigated by their own
countries for fraud, embezzlement and money
laundering. Basically they are criminals
holding public office.
How long will it take for this type of
financial cleansing to make it's way to
the shores of America? That all depends