There is no time to waste; Government must take action now: we need to bail out Dubai. Dubai, for those who haven’t visited lately, is the Arabs’ version of Wall Street, and with its financial integrity and therefore the financial integrity of the global financial system as we know it threatened by Dubai’s until-now secret $80 billion shortfall, this Shangra-la of unregulated capitalism deserves a U.S. taxpayer handout every bit as much as Goldman Sachs and AIG did.
The only alternative may be the loss of the global financial system as we know it. Hmmm...
3 comments:
Wherever there are financial problems that affect "Local Billionaire", Rothschild and his subservient agencies are there to help, i.e. help themselves. Did you see the following?
Rothschild appointed to help sell Dubai World assets
Bankers from Rothschild have been appointed to help restructure Dubai World with a mandate to dispose of some of the stricken conglomerate's famous assets.
[...]
Full article: http://www.telegraph.co.uk/finance/businesslatestnews/6673264/Rothschild-appointed-to-help-sell-Dubai-World-assets.html
There is an interesting political link to Iran, as well: http://www.businessinsider.com/the-geopolitics-of-the-dubai-debt-crisis-its-iran-vs-the-united-states-2009-11.
How the provision of aid to Dubai (my sarcasm notwithstanding, folks actually are assembling an aid package; the rich take care of each other, you know) are handled could exacerbate the Western confrontation with Iran, it seems...
Thank you, Willian deB. Mills. Yes, I had seen that link also about Iran in reference to Dubai's "debt crisis". Amazing!
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