Secret Saudi Trade Deal Exposes How the Terrorist Nation Holds the US Govt and Economy HostageBy Justin Gardner The drama centers on the 28 pages of a congressional investigative report into 9/11which are still being kept from the publicthat details the extent of foreign government support for Al-Qaeda. The pages could expose Saudi financial and logistical connections with the 9/11 hijackers. The Wahhabist regime quickly responded by threatening to crash the dollar by liquidating their U.S. assets. Lawmakers quickly acquiesced with a last-minute amendment to the bill that allows for the U.S. attorney general and secretary of state to stop any pending legislation against the Saudis. Families of 9/11 victims and all those who question the official 9/11 narrative were left stunned by this capitulation. A brutal Middle Eastern dictatorship obviously has much more influence over our government than the citizens.Saudi Arabia has great potential to hold the U.S. economy and government hostage through its purchase of Treasury holdings, but how did this special arrangement come to be? Bloomberg has, for the first time ever, uncovered the amount of Saudi Arabias holdings, and the secret deal began 41 years ago to hide the kingdoms influence over U.S. government actions. It took several discreet follow-up meetings to iron out all the details, [former Deputy Treasury Secretary] Parsky said. But at the end of months of negotiations, there remained one small, yet crucial, catch: King Faisal bin Abdulaziz Al Saud demanded the countrys Treasury purchases stay strictly secret, according to a diplomatic cable obtained by Bloomberg from the National Archives database. Parsky was there during the Saudi talks that took place in Jeddah, Saudi Arabia, in July 1974. He was assistant to Secretary William Simon, who was tasked by President Nixon to save Americas economy by making a deal with the kingdom and its newfound petrodollar wealth. The OPEC oil embargo, put in place in response to aiding Israels Yom Kippur war, was wreaking havoc on U.S. inflation and the stock market. Simon, a former Wall St. bond trader and director of the Treasuries desk at Salomon Brothers, helped hatch a plan to finance Americas growing deficit. He understood the appeal of U.S. government debt and how to sell the Saudis on the idea that America was the safest place to park their petrodollars. Saudi Arabias wealth was lusted after by several Western countries and Japan, but the U.S. managed to get the golden egg. However, King Faisal was worried that their money would be spent by the U.S. to further aid Israels military conquests, thus jeopardizing the kingdoms rule. U.S. officials complied by letting the Saudis in through the back door. In the first of many special arrangements, the U.S. allowed Saudi Arabia to bypass the normal competitive bidding process for buying Treasuries by creating add-ons. Those sales, which were excluded from the official auction totals, hid all traces of Saudi Arabias presence in the U.S. government debt market. For 41 years Saudi Arabias U.S. debt ownershipinstead of being listed individually like other countrieswas obscured by grouping under a generic heading called oil exporters, which included nations such as Kuwait and the United Arab Emirates. Treasury has taken pains over the decades to protect Saudi Arabias confidentiality, even as scrutiny of U.S. creditors has greatly increased. The International Investment and Trade in Services Survey Act of 1976 gave the agency plenty of cover, and continued even after the Government Accountability Office found in 1979 that there was no statistical or legal basis for using it. The practice of add-ons routinely posed risks to the Treasury system, but preserving the special Saudi relationship took precedence. Bloombergs FOIA requestgranted after the Treasury Dept. concluded that it was consistent with transparency and the law to disclose the datafound that Saudi Arabia owns $117 billion in U.S. debt, which represents 20 percent of foreign reserves. While the kingdom is one of Americas largest foreign creditors, this number is most likely a comical understatement. One former Treasury official says the actual debt holdings are double or more. Offshore financial centers allow the kingdom to mask other Treasury purchases. More realistic estimations of Saudis debt holdings are up to $750 billion, meaning that Saudi divestment is a major threat to crash the dollar and other global markets. With the oil price crash there is pressure on the kingdom to liquidate assets, making their status as creditor a political weapon. As such, it is no surprise that Obama and Congress would protect Saudi Arabia from any possibility of being exposed as a 9/11 conspirator. The U.S. government has a 41-year history of preserving this special relationship, and is now held hostage by the consequences of the deal. This also explains why Saudi Arabia can go on bombing hospitals and civilian populations in countries like Yemenacting as a proxy for U.S. anti-terror campaignswith no repercussions. The Wahhabist kingdom is free to carry out its war, overtly and covertly, on the Shia countries of the Middle East. Justin Gardner writes for TheFreeThoughtProject.com, where this article first appeared. This reminds me of that movie , i think it was the Avengers. With Thor and Loki. Loki wants the entire race of humans to worship him. He says: Bow before me.Humans. And an old man stands up and says NO! The rest just cowar in the background. What bullshit. If Saudi Arabia wanted to hurt AmeriKa all it has to do is say, Give us back our money, here are your worthless bonds. What motive would Saudi Arabia have? Cui Bono (Who Benefits)? Now, let us consider Israel Agreed. Focussing on Saudi Arabia assists to distract from Judaisms long-term plan, announced by Ben Gurion, Judaisms chief terrorist of 1947-1948. http://www.washingtonsblog.com/2014/08/prominent-jewish-leader-israel-intentionally-killed-civillians-1948-engaged-ethnic-cleansing-ever-since.html Hi drbhelthi! I completely agree this is a distraction of a larger multi-pronged endgame. Heads upone wonders about the spin from W.B. He rarely connects the power elite to the bankers, the UN, the Rockefellers, the Agendas, etc. He backpedaled on 9/11 going from excellent hard core 9/11 Truther in the early days to blow back commentator sometime around or after the 2008 banking crisis. He also allowed a fellow academic, Carl Herman, to post several left wing commentaries on his blog and Hermans solution was to give the Establishment more powers to regulate and he advocated the technocratic uber-authoritarian Venus Project, going so far as to provide a link to the V.P. on his posts (e.g. 4/24/12). Junior Globalist Mafia members the Saudi royals putting the screws on the Rocks Roths? lol Did I stumble onto a portal to The Onion? Its always the banksters, not nation state puppet theatrics. How many countless $$$trillions have the RRs moved out of the real economy and trillions more sucked in the black budget? With control over the printing presses and major resources the globalists arent worried about treasury holdings. Meanwhile, last week global elite meme leader Wall Street Journal published a long article outlining how the Saudis are rapidly adopting austerity measures and radical new social and cultural re-engineering to be compliant with the globalists UN Agenda 2030. WSJ made sure to use the alternative term Saudi Vision 2030. Gotta keep our eyes on the real targets and endgame of the men at the top of the pyramid. Saudi Arabia is a pawn used to allow the U.S. to play the victim. These camel jockeys were put in power by the con-artist British Elite. Then propped up to appear as some huge threat. Their population is then wielded by the European and American Elites as a battering ram against their enemies. Saudi Arabia can be neutered at any time. But why bother when you can take advantage of them? America has been conquered and not a shot was fired in our defense. Bad, bad Saudis, poor Jewmerika, will Saudi Arabia then the next country to libyanised or syrianised from world terror police war criminal state? 