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11/24/2018

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11/23/2018

President Trump's Ties to Saudi Arabia

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11/14/2018

France fires back at Trump's lack of "common decency"

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President Trump's Ties to Saudi Arabia

President Trump's Ties to Saudi Arabia

Journalist Jamal Khashoggi was lured into the Saudi Consulate's office in Turkey and murdered. Khashoggi went to the Consulate to get documents he needed for his upcoming marriage to a Turkish woman.  The CIA determined that Saudi Prince Mohammad bin Salman ordered the murder.  Our President haas publicly questioned the CIA's assessment of what happened.

 I am wondering what Congress intends to do now that our President has sold our moral standing in the world for the price of oil?  Apparently our President doesn't think the CIA has very much credibility.

The following article is from Yahoo News: 

~Donald Trump claimed on Twitter today that he has no “financial interests in Saudi Arabia.” But his financial ties to the kingdom go back a very long way.

In 1991, Donald J. Trump was a mid-tier real estate developer with $900 million in debt, a collapsing casino business, and a name perhaps best known for a headline-dominating split with his wife Ivana. With his empire at risk of falling apart, Trump was searching for cash everywhere; his father even illegally bought $3.35 million worth of casino chips and never gambled them, to help Trump make a massive bond payment a year earlier.

A helpful burst of cash from a Saudi prince eased some tension with his creditors. Alwaleed bin Talal bought Trump’s yacht for somewhere between $18 million and $20 million (reports vary). It wasn’t a great bit of business for Trump—he had bought it from the Sultan of Brunei three years earlier for a reported $29 million.

In 1995, Trump was still in deep trouble—and Alwaleed swooped in again. The prince, who calls himself the “Warren Buffett of Saudi Arabia,” took over Trump’s 51% stake in his beloved New York Plaza hotel. As a result, Trump’s creditors forgave $125 million of his debt.

Alwaleed, who was one of several royals to be detained by Crown Prince Mohammad bin Salman in 2017, is deemed the world’s 74th richest man by Bloomberg, and owns stakes in companies like Apple, Snapchat, Twitter and Citigroup.

As late as 2015, Trump was still happy to boast about his connections with Saudi Arabia. Speaking at a rally in Alabama, he bragged: “Saudi Arabia, I get along with all of them. They buy apartments from me. They spend $40 million, $50 million. Am I supposed to dislike them? I like them very much.”

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