Wednesday, March 11, 2009

Oil Sheiks 'Borrow' Bail Out Money

Rep. Elijah Cummings of the House Oversight and Government Reform Committee said on the MSNBC program "1600 Pennsylvania Ave" today that taxpayer TARP money is going to Dubai, UAE.

You know, oil soaked billionaire country, "the projects". Dubai sheiks have built the highest building in the world and are building the largest airport. And on another note, they were the only nation to officially and publicly support the Taliban prior to the US invasion of Afghanistan.

Those are the sheiks who wanted to run US ports a while back. The very ones that enraged Americans, the ones who Cheney's Halliburton moved its headquarters next door to a while back (NY Times, ABC News [ABC News 'lost' the page so I use the Wayback Machine to recover it: ABC News].

I am sure there is no connection (wink, wink). No connection that Halliburton moved from the US to Dubai and then plane loads of cash followed when the Bush II Treasury Secretary approved it.

Never mind that 2 million Americans have lost jobs recently, the sheiks need a little cash to tidy them along.

Here is a link to an article indicating Dubai got billions, and below is an MSNBC video of the "1600 Pennsylvania Ave" program where the matter is discussed.

Visit for breaking news, world news, and news about the economy


  1. Do you have a link for his MSNBC comments?

  2. Anonymouns,

    I updated the post to reflect the correct committee name and added a link at the bottom in the "UPDATE" section to reflect that change.

    The MSNBC video link was also added.

  3. UPDATE: The committee name above was changed to the correct committee name (from banking committee to government oversight committee).

    Thanks for your interest Anonymous.

  4. The UPDATE message was moved from the blog article page to this comment section.

    Dredd Blog is at your service.