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Post by Value Buy on Nov 6, 2017 9:43:24 GMT -5
Many members of the royal family arrested and detained of charges of corruption by the ruling King. Includes the top financial investment Prince who is well known on Wall Street. Also includes family member running the Bin Laden development companies, and yes, that Bin Laden family........ A rocket is supposedly intercepted over the airport of the capital or near it from supposedly, Yemen. They announced they shot it down Close the border to Yemen..... Last night ABC news reported Saudi Arabia announced a plane crashed with eight senior government officials on board. Is it a coup by the leader to consolidate power? Is it a coup by other royal family members to overthrow him? Just a bunch of coincidences, like the Trump Russian collusion.....which Feinstein admitted they have found zilch so far  |
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Value Buy
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Post by Value Buy on Nov 6, 2017 9:48:48 GMT -5
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Post by Opti on Nov 6, 2017 9:50:24 GMT -5
Any link you want to post? A Saud prince rose to power and has decided to tackle government corruption and apparently not look for alliances. The Sauds are in a war against Yemen. The target was the airport and thankfully the missile was dealt with effectively. I'll have to look on the plane crash but the arrested wealthy folk are being held in 5 star hotels. |
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Post by Opti on Nov 6, 2017 9:56:40 GMT -5
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resolution
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Post by resolution on Nov 6, 2017 9:58:41 GMT -5
The crown prince is consolidating his power and taking out his potential opponents and rivals. He talks nicely about modernization, but he appears to be using time honored tactics.
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billisonboard
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Post by billisonboard on Nov 6, 2017 10:10:53 GMT -5
.... The prince was a former crown prince demoted in 2015. ... Still a prince but couldn't wear a crown? Bummer of a demotion.  sorry, couldn't resist. |
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Post by Opti on Nov 6, 2017 10:17:25 GMT -5
.... The prince was a former crown prince demoted in 2015. ... Still a prince but couldn't wear a crown? Bummer of a demotion. sorry, couldn't resist. No problem. It is interesting though. The current crown prince is the third one in roughly three years. My guess is he is also proving he is the right choice by setting everything in motion. |
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Post by Opti on Nov 6, 2017 10:19:24 GMT -5
The crown prince is consolidating his power and taking out his potential opponents and rivals. He talks nicely about modernization, but he appears to be using time honored tactics. Probably true. However it would be nice if he really is working on weeding out the well known corruption at the highest levels. It does seem the universe is exposing secrets and handing out punishments lately from this to Weinstein, to Manafort, etc. |
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Post by djAdvocate on Nov 6, 2017 10:26:01 GMT -5
the house of Saud is utterly corrupt.
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Post by thyme4change on Nov 6, 2017 10:27:19 GMT -5
Lol. Great topic, but WTF with that last little Trump bit?
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billisonboard
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Post by billisonboard on Nov 6, 2017 10:34:06 GMT -5
Lol. Great topic, but WTF with that last little Trump bit? RNC doesn't pay for posts on Saudi Arabia? |
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resolution
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Post by resolution on Nov 6, 2017 10:59:21 GMT -5
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mmhmm
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Post by mmhmm on Nov 6, 2017 12:24:14 GMT -5
There's a lot going on in the Kingdom right now. The clerics have been stripped of the powers they've always had over the populace. Women will be allowed to drive starting in June of next year. Prince Mohammed is moving fast and furious. Not something seen in Saudi prior to this. The old guard is scared silly and the younger Saudis are quite happy about it all. Interesting times for the Kingdom.
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thyme4change
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Post by thyme4change on Nov 6, 2017 12:54:19 GMT -5
True of just about everything in that region - I don't know if what is happening is good or bad.
The world is so complicated.
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Post by Deleted on Nov 6, 2017 12:57:55 GMT -5
Ask Kushner?
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mmhmm
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Post by mmhmm on Nov 6, 2017 13:21:20 GMT -5
Many members of the royal family arrested and detained of charges of corruption by the ruling King. Includes the top financial investment Prince who is well known on Wall Street. Also includes family member running the Bin Laden development companies, and yes, that Bin Laden family........ A rocket is supposedly intercepted over the airport of the capital or near it from supposedly, Yemen. They announced they shot it down Close the border to Yemen..... Last night ABC news reported Saudi Arabia announced a plane crashed with eight senior government officials on board. Is it a coup by the leader to consolidate power? Is it a coup by other royal family members to overthrow him? Just a bunch of coincidences, like the Trump Russian collusion.....which Feinstein admitted they have found zilch so far Just for the record, it's not the King doing this. It's the Crown Prince, Mohammed, his son. King Salman has ceded a great deal of power to Mohammed, who has used it to restructure the Kingdom. |
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Post by dezii on Nov 6, 2017 17:28:27 GMT -5
There's a lot going on in the Kingdom right now. The clerics have been stripped of the powers they've always had over the populace. Women will be allowed to drive starting in June of next year. Prince Mohammed is moving fast and furious. Not something seen in Saudi prior to this. The old guard is scared silly and the younger Saudis are quite happy about it all. Interesting times for the Kingdom. As long as the National Guard stays loyal to the Prince it may work out..however, don't believe he is targeting the Mullahs who are preaching all that anti everything Western ideas....also the religious schools that have the boys just reciting and reciting the anti message... last thing we need is a over throw of the Royal Family...take over by the Persians |
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Post by weltschmerz on Nov 6, 2017 17:38:28 GMT -5
Excellent! Now they can drive themselves to their own stonings.
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mmhmm
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Post by mmhmm on Nov 6, 2017 17:41:27 GMT -5
There's a lot going on in the Kingdom right now. The clerics have been stripped of the powers they've always had over the populace. Women will be allowed to drive starting in June of next year. Prince Mohammed is moving fast and furious. Not something seen in Saudi prior to this. The old guard is scared silly and the younger Saudis are quite happy about it all. Interesting times for the Kingdom. As long as the National Guard stays loyal to the Prince it may work out..however, don't believe he is targeting the Mullahs who are preaching all that anti everything Western ideas....also the religious schools that have the boys just reciting and reciting the anti message... last thing we need is a over throw of the Royal Family...take over by the Persians You're wrong. The mullahs are exactly those he's targeting. He's stripped them of their power. First time that's ever happened. Don't know about the schools and neither do you. He's ramped up Saudi's pointed rejection of all things Iranian. There's little danger of a take-over by "Persians". |
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Post by dezii on Nov 6, 2017 17:56:11 GMT -5
As long as the National Guard stays loyal to the Prince it may work out..however, don't believe he is targeting the Mullahs who are preaching all that anti everything Western ideas....also the religious schools that have the boys just reciting and reciting the anti message... last thing we need is a over throw of the Royal Family...take over by the Persians You're wrong. The mullahs are exactly those he's targeting. He's stripped them of their power. First time that's ever happened. Don't know about the schools and neither do you. He's ramped up Saudi's pointed rejection of all things Iranian. There's little danger of a take-over by "Persians". Stand corrected....if he is targeting them. Following link does good job explaining what is happening and why...seems there is speed on these things to keep young people happy.. www.nbcnews.com/news/world/prince-mohammed-bin-salman-aims-rebrand-saudi-arabia-n817201======================================== "RIYADH, Saudi Arabia — The declaration reverberated around the world — the power behind the Saudi throne pledged to destroy extremism and return the kingdom to “moderate Islam.”
Crown Prince Mohammed bin Salman's speech last month was part of a sweeping rebrand of a country that for years has exported a severe form of Islam and produced most of the 9/11 attackers as well as al Qaeda leader Osama bin Laden.
Driven by the young prince, the reforms are aimed at transforming the way the world sees Saudi Arabia, wean it off of oil and remake the hermetic Gulf kingdom into a hub of international business, finance and technology
---------------------------------------------------------- "Salman's bet is that reducing Saudi dependence on oil and transforming the economy will fulfill the needs and desires of his young population, outweighing the views of a powerful clerical class long wary of modernization.
And he doesn't have a lot of time — the absolute monarchy urgently needs to create jobs and forestall the sorts of complaints that fed the 2011 Arab Spring uprisings throughout the region" |
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mmhmm
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Post by mmhmm on Nov 6, 2017 18:08:41 GMT -5
You're wrong. The mullahs are exactly those he's targeting. He's stripped them of their power. First time that's ever happened. Don't know about the schools and neither do you. He's ramped up Saudi's pointed rejection of all things Iranian. There's little danger of a take-over by "Persians". Stand corrected....if he is targeting them. Following link does good job explaining what is happening and why...seems there is speed on these things to keep young people happy.. www.nbcnews.com/news/world/prince-mohammed-bin-salman-aims-rebrand-saudi-arabia-n817201======================================== "RIYADH, Saudi Arabia — The declaration reverberated around the world — the power behind the Saudi throne pledged to destroy extremism and return the kingdom to “moderate Islam.”
Crown Prince Mohammed bin Salman's speech last month was part of a sweeping rebrand of a country that for years has exported a severe form of Islam and produced most of the 9/11 attackers as well as al Qaeda leader Osama bin Laden.
Driven by the young prince, the reforms are aimed at transforming the way the world sees Saudi Arabia, wean it off of oil and remake the hermetic Gulf kingdom into a hub of international business, finance and technology
---------------------------------------------------------- "Salman's bet is that reducing Saudi dependence on oil and transforming the economy will fulfill the needs and desires of his young population, outweighing the views of a powerful clerical class long wary of modernization.
And he doesn't have a lot of time — the absolute monarchy urgently needs to create jobs and forestall the sorts of complaints that fed the 2011 Arab Spring uprisings throughout the region"This is a good deal more complex than just "keeping young people happy", Dezi - as the article you've copied makes clear. |
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Post by resolution on Nov 6, 2017 20:21:06 GMT -5
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Post by grits on Nov 6, 2017 20:53:47 GMT -5
This is not a surprise. It has been expected that as the oil fortune dries up, family members will be shifted from their wealthy lifestyle. They will resist change. In order to bring about change, and solidify his power, he must eliminate them, and remove the power from the clergy. It has been expected for some time.
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Post by dezii on Nov 6, 2017 21:16:27 GMT -5
This is not a surprise. It has been expected that as the oil fortune dries up, family members will be shifted from their wealthy lifestyle. They will resist change. In order to bring about change, and solidify his power, he must eliminate them, and remove the power from the clergy. It has been expected for some time. While not lasting forever...I wasn't aware that the Saudi oil was in danger of disappearing so soon... |
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mmhmm
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Post by mmhmm on Nov 6, 2017 22:39:53 GMT -5
This is not a surprise. It has been expected that as the oil fortune dries up, family members will be shifted from their wealthy lifestyle. They will resist change. In order to bring about change, and solidify his power, he must eliminate them, and remove the power from the clergy. It has been expected for some time. While not lasting forever...I wasn't aware that the Saudi oil was in danger of disappearing so soon... It's a limited resource, to be sure, but it's not like it's going to be gone next year - although, for years they've been pumping in salt water to lift the oil higher so it's easier to reach with drills. One of the other problems is the size of the royal family. It's massive, still growing, and they all have their hands out for their share of the pie. Reaching critical mass was a foregone conclusion, as grits pointed out. Even so, there's still more going on than just that. The Kingdom must change to survive and it's going to be very difficult. I think most people who know anything about it have been aware change was coming. We were aware, when Salman started turning things over to Mohammed, the change was being implemented. The decision to allow women to drive is a big one - more so than most realize. I think it's the suddenness of the arrests and the accusations that are going with those arrests that came as a bit of a surprise. I, for one, didn't expect any real action beyond a few social pushes until next year, at the earliest. |
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Post by Deleted on Nov 6, 2017 22:40:50 GMT -5
This is not a surprise. It has been expected that as the oil fortune dries up, family members will be shifted from their wealthy lifestyle. They will resist change. In order to bring about change, and solidify his power, he must eliminate them, and remove the power from the clergy. It has been expected for some time. While not lasting forever...I wasn't aware that the Saudi oil was in danger of disappearing so soon... It isn’t, they got used to setting a budget on unsustainable oil prices: ”Due to low oil prices, Saudi Arabia has posted record high budget deficits of $98 billion last year, with an estimated $87 billion forecasted for this year. Foreign reserves are also dwindling as the central bank props up the economy. The kingdom has also been forced to raise $17.5 billion in its first international bond sale as well as put in place politically unpopular austerity measures, including government employee salary cuts and other perks. Gas price hikes and subsidy cuts has shaken the ordinary citizen, according to state media reports.” www.google.com/amp/s/www.forbes.com/sites/timdaiss/2016/11/01/what-can-saudi-arabia-do-as-oil-prices-collapse/amp/ |
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Post by dezii on Nov 6, 2017 23:06:11 GMT -5
While not lasting forever...I wasn't aware that the Saudi oil was in danger of disappearing so soon... It's a limited resource, to be sure, but it's not like it's going to be gone next year - although, for years they've been pumping in salt water to lift the oil higher so it's easier to reach with drills. One of the other problems is the size of the royal family. It's massive, still growing, and they all have their hands out for their share of the pie. Reaching critical mass was a foregone conclusion, as grits pointed out. Even so, there's still more going on than just that. The Kingdom must change to survive and it's going to be very difficult. I think most people who know anything about it have been aware change was coming. We were aware, when Salman started turning things over to Mohammed, the change was being implemented. The decision to allow women to drive is a big one - more so than most realize. I think it's the suddenness of the arrests and the accusations that are going with those arrests that came as a bit of a surprise. I, for one, didn't expect any real action beyond a few social pushes until next year, at the earliest. I know the kingdom has problems...criticism's but wouldn't Want them to be anything but our friends...I know they weren't happy with Obama...never really knew why... f funny thing is..if any of these countries are criticized in any way over anything they take it as a deathly insult...Israel too..Obama gave them just about every thing they wanted...thought they treated the West Bank and Gaza Palestinians like crap..[they do...been there four times..pretty good observer] so Obama is now least liked POTUS...Don't know where Carter is on that list... |
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Post by dezii on Nov 7, 2017 3:59:28 GMT -5
This is not a surprise. It has been expected that as the oil fortune dries up, family members will be shifted from their wealthy lifestyle. They will resist change. In order to bring about change, and solidify his power, he must eliminate them, and remove the power from the clergy. It has been expected for some time. While not lasting forever...I wasn't aware that the Saudi oil was in danger of disappearing so soon... A new article explaining how risky the crown Princes moves are... ------------------------------------------------------- "DUBAI, United Arab Emirates (AP) — Saudi Arabia's young Crown Prince Mohammed bin Salman has taken his riskiest gamble yet with the stunning arrests of top princes, military officers, government officials and influential businessmen in the kingdom.
The sweep, which the government says is aimed at eliminating corruption, also appears to be aimed at stamping out potential rivals or critics of Prince Mohammed, popularly known as "MBS" and the son of King Salmanhttps:"apnews.com/544a8af9fecf44a691cbace1098b5a51 |
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Post by Deleted on Nov 7, 2017 22:36:43 GMT -5
It's a limited resource, to be sure, but it's not like it's going to be gone next year - although, for years they've been pumping in salt water to lift the oil higher so it's easier to reach with drills. One of the other problems is the size of the royal family. It's massive, still growing, and they all have their hands out for their share of the pie. Reaching critical mass was a foregone conclusion, as grits pointed out. Even so, there's still more going on than just that. The Kingdom must change to survive and it's going to be very difficult. I think most people who know anything about it have been aware change was coming. We were aware, when Salman started turning things over to Mohammed, the change was being implemented. The decision to allow women to drive is a big one - more so than most realize. I think it's the suddenness of the arrests and the accusations that are going with those arrests that came as a bit of a surprise. I, for one, didn't expect any real action beyond a few social pushes until next year, at the earliest. I know the kingdom has problems...criticism's but wouldn't Want them to be anything but our friends...I know they weren't happy with Obama... never really knew why... f funny thing is..if any of these countries are criticized in any way over anything they take it as a deathly insult...Israel too..Obama gave them just about every thing they wanted...thought they treated the West Bank and Gaza Palestinians like crap..[they do...been there four times..pretty good observer] so Obama is now least liked POTUS...Don't know where Carter is on that list... Because they understood that a weaker US and a more indebted US were both bad things... and if they happened together, like with Obama? They understood that it was exponentially bad. Not that they cared about the US citizens, but they knew that it was bad for the world. Just my guess/opinion for their reasoning though, no facts on the issue are known by me nor included by me. |
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Value Buy
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Post by Value Buy on Nov 7, 2017 22:54:11 GMT -5
Another strange thing is Saudi Arabia has been planning to go public and issue stock to the entire world in their oil company, Aramaco. Hope I have the name correct.....
The planned offering was said to be one of the largest public monetary offerings ever to be released on the first public offering.
I must think this puts the offering in jeopardy or on hold now, as world investors might be afraid to invest in this if there is political problems within the Royal family.
I also think it is possible the Prince knows this and want to keep the money from their oil fields all in the Saudi Kingdom, rather than dispensing profits all over the world in the dividends, etc.
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