Saudi Threatens ‘Dire Implications’ Over U.S. Law Allowing 9/11 Victims to Sue

a reply to: BuzzyWigs

as much as that would be an awesome thing, it appears they do not handle financial crimes. Based on what I read, their court handles cases directly related to war, terrorism, and crimes against humanity, of which 9/11 was one. I would really love to see some Wall Street banksters hang from the highest tree though.

a reply to: worldstarcountry

Unfortunately, that will never happen because of the American Service-Members' Protection Act (nicknamed the "Hague Invasion Act").

U.S. President George Bush today signed into law the American Servicemembers Protection Act of 2002, which is intended to intimidate countries that ratify the treaty for the International Criminal Court (ICC). The new law authorizes the use of military force to liberate any American or citizen of a U.S.-allied country being held by the court, which is located in The Hague. This provision, dubbed the "Hague invasion clause," has caused a strong reaction from U.S. allies around the world, particularly in the Netherlands.

U.S.: 'Hague Invasion Act' Becomes Law

a reply to: enlightenedservant

right, I vaguely recall that being a thing now that you mentioned it. Has not happened yet. But! The Saudis are not American service members ....

originally posted by: lordcomac
I knew I wanted to sell my house before this fall, but I just didn't get it done in time.

Trust me on this one.. try to talk the little lady out of
looking for ANOTHER one while you're strung up by the
original money hole. At least at present.
I am also looking at this election for one reason or another
being an 'excuse' for the PTB to either pull a lot of plugs, or
hit a lot of UNEasy buttons. They're good at it...

originally posted by: BuzzyWigs
a reply to: Cobaltic1978

No, it's what you get when you rely on partisan obstructionists with Conduct Disorder and Psychopathic tendencies to be in Congress.
When you also include racists, you get what we have.....

a retarded country.

Don't forget one more crucial aspect of ALL this, Buzzy:
the Congress is made up of roughly 70% lawyers .
Delightfully argumentative, and true financial parasites to
almost the gnome, you think they weren't licking their chops
over the prospect of suing whole governments with this one?

Downside, you get this kind of reaction from your supposed
defendant (whoda thunkit), and the unintended yet almost
inevitable backlash against our OWN godless behavior.
Of course the latter an unforeseen consequence because they're
a bunch of pretards . They never learned the first time...
and worse yet acted as if the first retal[.] happened at all.
ergo congenital pretards .

originally posted by: worldstarcountry
a reply to: enlightenedservant

right, I vaguely recall that being a thing now that you mentioned it. Has not happened yet. But! The Saudis are not American service members ....

I think you missed the part in my post where it says "or citizen of a U.S.-allied country being held by the court".

originally posted by: AugustusMasonicus

originally posted by: Cobaltic1978
That's what happens when you rely on a rogue state to prop up your economy.

Saudi Arabia is only our twelfth largest trading partner. They need us more than we need them.

Not really, they can start trading with Russo-China. Saudi Arabia have enough salves for the jobs to not even require US support.

originally posted by: dashen
9/11 x 50?
. I'm not good at math
. but this sounds serious

actually from what INTELLIGENCE has gathered it would be 911 times a hundred..

originally posted by: makemap

originally posted by: AugustusMasonicus

originally posted by: Cobaltic1978
That's what happens when you rely on a rogue state to prop up your economy.

Saudi Arabia is only our twelfth largest trading partner. They need us more than we need them.

Not really, they can start trading with Russo-China. Saudi Arabia have enough salves for the jobs to not even require US support.

yeah but thats only by air since the US would enforce a embargo on all imports coming by water to them. so no more icebergs or water shipments. And By land would cost the russians and chinese too much for countries it would pass through by land.

originally posted by: choos

originally posted by: dashen
9/11 x 50?
. I'm not good at math
. but this sounds serious

actually from what INTELLIGENCE has gathered it would be 911 times a hundred..

Intelligence is rarely intelligent these days and always made to sound worse for fundings sake.

originally posted by: enlightenedservant

originally posted by: carewemust
The U.S. can open the door for U.S. citizens to sue Saudi Arabia, but does Saudi Arabia need to open their door to let U.S. Citizens sue? After all, this was NOT an "agreement" between the two countries.

It would allow us to seize their assets to pay off any court cases. Think about the billions of dollars worth of Iranian assets and accounts that were frozen during the Iranian nuclear "crisis". That's why they threatened to sell off their assets; to avoid them being frozen or seized.

Ah..I see! Thanks for explaining how these lawsuits would work. If Trump becomes President, every lawsuit would be approved, since courts seem to be doing what Obama tells them to do, while he is President.

I think the Saudi's are Hillary's bosom buddies, since she's cut deals with them via the Clinton Foundation. Courts under a Hillary Clinton administration would deny most of them, IMO.

originally posted by: AndyFromMichigan

A senior Saudi prince reportedly threatened to pull out billions of dollars of US assets if JASTA became law, though Saudi officials have distanced themselves from such threats.

Saudi Threatens ‘Dire Implications’ Over U.S. Law Allowing 9/11 Victims to Sue

OK, so the Saudis are mad that Congress flipped a middle finger at Obama, and overrode his veto of the law allowing US citizens to sue the Saudi government. They're threatening to pull billions of dollars out the US economy.

Now, over the last couple of years seemingly every economist worth his salt has been saying that the stock market is wildly over-valued, and due for a crash.

As I type this, the market has suddenly entered a major dive (down ~180 points), after having been fairly flat all morning. Is this going to be the pin that pops the stock market bubble?

1) Oh my! What will we do if he pulls out billions in investments?! Imagine the carnage! If it was 1,000 billions, it would be a tiny percentage of the capital investments in the US economy. Since we know it wouldn't be anywhere near that, rest assured, whoever sells whatever he buys with his money instead will probably turn around and buy into the US stock market.

2) If an economist is worth his salt, he or she wouldn't be saying the stock market is wildly over valued. As every single economist who is actually worth his salt knows, the stock market is valued exactly as it should be. Saying anything else is just a matter of opinion.

If you're thinking those same dolts who have been calling for imminent USD crash and $10,000/oz gold for the last 20 years are decent economists - they're not - they're either really really bad at what they do, or just profiting from nonsensical economic doomsaying.

3) A 180 point drop isn't a dive, it's a blip that has nothing to do with this Saudi Prince's yawn-inducing threats. It did have to do with concern about Euro banks and a possible rate increase in the US to keep inflation in check as the US economy continues to grow.

4) A question - can US citizens actually successfully and enforceably sue a foreign government? That just doesn't seem like it has any way of working. If it did, nations could be bankrupted just by being sued. Isn't this whole idea just complete nonsense anyway?

a reply to: enlightenedservant

In fact I did miss that part, my bad. So, does the full text of that law define who our allies are? Are we talking treaty organizations like NATO, mutual defense, or as simple as trading partners??? We will have to comb through that to determine an appropriate answer. I cannot imagine the re-election campaign for the administration involved when military force is used to liberate the defendants who may have been responsible for the worst terror attack in American history. The victim savings its attacker from accountability. Should make a killer headline and generate some damning rhetoric.

a reply to: worldstarcountry

This seems relevant.

When the house of Saud gets enough, they will simply unpeg.
Comrade Vlad and the Chi-Coms are just licking their lips in anticipation.
The handful of you that are in the know, realize what that could cause.
Back channel comms have already picked up OTR statements and threats to that effect.
You will also see a major reduction in intelligence sharing.

Just another unneeded disaster at the wrong and very worst time.

As I was writing this, I was thinking back over the last 50 years and all of the cockamamie and hair-brain ops and programs the U.S. came up with ( and most failed ) and the Saudis payed for every single one, with no questions asked.

FM al Jubeir is Texas educated and thinks like a real cowboy. He has the ear of the entire monarchy. They won't let this go unnoticed. You may not hear or read much publicly, but they will retaliate in some form.

Buck

originally posted by: F4guy
That is not a temporary injunction and anyway...

What do you call halting the lawsuit for 180 days?

...that section has been superceded by the Convention on the Recognition and Enforcement of Foreign Arbitral Awards.

How can something older supersede (take the place of) something newer?

originally posted by: makemap
Not really, they can start trading with Russo-China. Saudi Arabia have enough salves for the jobs to not even require US support.

What are they going to trade with Russia? Oil?

China has already slowed their consumption of oil due to their economic slowdown. What are they going to trade with the Chinese? More oil?

a reply to: jimmyx

Yea but I'll bet there are a bunch of lawyers who got boners thinking about taking all, these victims' money in order to sue Saudi Arabia. Knowing full-well they'll never collect a dime. But hey, they tried right? And they'll line their pockets at the expense of the little guy once again. Next!!??

a reply to: jtma508

I could see many of them talking the case on contingency as well. Not all of the families have the resources for an extended lawsuit. It could also be a class action type scenario.

originally posted by: dashen
9/11 x 50?
. I'm not good at math
. but this sounds serious

FYI... 9/11x50 = 40.9090909091 LOL