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by Dahon » Tue Nov 20, 2018 6:17 pm
US-SSR wrote:Congress must act, since the executive refuses to.
by An Alan Smithee Nation » Wed Nov 21, 2018 1:52 am
by Dahon » Wed Nov 21, 2018 1:57 am
An Alan Smithee Nation wrote:Trump's statement might backfire as what Saudi Arabia, and MBS, are doing in the Yemen gets more and more media coverage. The arms sales aren't worth any where near the amount Trump is claiming.
by The National Salvation Front for Russia » Wed Nov 21, 2018 1:59 am
by Bombadil » Wed Nov 21, 2018 1:59 am
An Alan Smithee Nation wrote:Trump's statement might backfire as what Saudi Arabia, and MBS, are doing in the Yemen gets more and more media coverage. The arms sales aren't worth any where near the amount Trump is claiming.
by An Alan Smithee Nation » Wed Nov 21, 2018 2:00 am
Dahon wrote:An Alan Smithee Nation wrote:Trump's statement might backfire as what Saudi Arabia, and MBS, are doing in the Yemen gets more and more media coverage. The arms sales aren't worth any where near the amount Trump is claiming.
Trump's base ain't known for valuing facts -- but will they along with the rest of the GOP willingly trade a journalist's life for a fistul of fucking dollars?
I'll be back with the comments!
by Dahon » Wed Nov 21, 2018 2:07 am
by Dahon » Wed Nov 21, 2018 2:10 am
The National Salvation Front for Russia wrote:Can't say I blame the Saudis for murdering a journalist who was constantly disparaging their regime. On the other hand, this is Saudi Arabia so Khashoggi was fighting the good fight.
by Novus America » Wed Nov 21, 2018 4:25 am
An Alan Smithee Nation wrote:Dahon wrote:
Trump's base ain't known for valuing facts -- but will they along with the rest of the GOP willingly trade a journalist's life for a fistul of fucking dollars?
I'll be back with the comments!
85,000 dying children might have more impact than a dead journalist.
https://www.bbc.co.uk/news/world-middle-east-46261983
by Publica » Wed Nov 21, 2018 7:06 pm
Novus America wrote:Publica wrote:
The individuals might, but their government has investments at best, and if you take those you have to return them to the companies, sell them or gift them to people who have no idea wtf they're doing. Governments don't typically keep large amounts of cash sitting in bank accounts in other countries. They have Treasuries.
Sure, and then when fuel prices jump through the roof because you just cutoff your market from 33% of its oil? There's no way the government will sanction that, especially since that, while significant, won't be enough to destabilize the economies unless the US can afford to keep it up for an amount of time that would likely include several elections.
We already have procedures for that. You can collect a judgment against investments or property. Not just bank accounts.
Only 6.27% of our oil comes from OPEC, and there are plenty of other sources.
Besides some countries would rather leave OPEC then lose access to our markets.
by Novus America » Wed Nov 21, 2018 8:31 pm
Publica wrote:Novus America wrote:
We already have procedures for that. You can collect a judgment against investments or property. Not just bank accounts.
Only 6.27% of our oil comes from OPEC, and there are plenty of other sources.
Besides some countries would rather leave OPEC then lose access to our markets.
Again, how much of that is government owned. Also, what are you going to do with it? Give it to people who have no idea what to do with it either and then tax them on it?
Not according to the Energy Information Administration. According to them it's 33%.
Name one that doesn't have other resources the US wants enough to not be able to cut them off, like heavy earth metals or gold or diamonds.
by Publica » Wed Nov 21, 2018 8:36 pm
Novus America wrote:Publica wrote:
Again, how much of that is government owned. Also, what are you going to do with it? Give it to people who have no idea what to do with it either and then tax them on it?
Not according to the Energy Information Administration. According to them it's 33%.
Name one that doesn't have other resources the US wants enough to not be able to cut them off, like heavy earth metals or gold or diamonds.
One trillion is Saudi government owned.
https://www.google.com/amp/s/mobile.reu ... SKCN1MC0D2
And again we have procedures for collecting judgements.
https://www.nolo.com/legal-encyclopedia ... 29546.html
That is a quick overview but obviously you would need an attorney.
And you are not going to seize all of it, just remove the unfair protections government investments get. Again collecting judgments is not something novel or new. Private investments get no protections. And if the Saudis do not want to risk their investments they can pay the judgement or stop committing crimes and torts in the first place. Again none of this is novel or new. It happens all the time, if you do something wrong as a private company or individual you can get sued. This is just keeping the Saudi government from getting an unfair advantage.
33% of US imports are from OPEC. But the vast majority of our oil is produced at home. You know the US is the world’s biggest oil producer, right?
Net imports only cover 19% of US oil consumption.
https://www.eia.gov/tools/faqs/faq.php?id=32&t=6
.33x.19=.0627= 6.27%
This is not complicated math.
We actually get our rare earth minerals from China, although we have plenty here, but it is cheaper to exploit Chinese workers and pollute there. Despite the name rare earths are not actually rare.
The US generally exports more gold than we import, and no OPEC countries are among the biggest gold producers.
https://minerals.usgs.gov/minerals/pubs ... 7-gold.pdf
We do not get most our diamonds from OPEC either.
https://minerals.usgs.gov/minerals/pubs ... -diamo.pdf
So the answer is all of them. No OPEC country is a major source of any of that for us.
And what is your alternative? That we let these countries commit any crime and get away with it because they have oil? (Especially when we no longer rely on them?)
by Novus America » Wed Nov 21, 2018 8:45 pm
Publica wrote:Novus America wrote:
One trillion is Saudi government owned.
https://www.google.com/amp/s/mobile.reu ... SKCN1MC0D2
And again we have procedures for collecting judgements.
https://www.nolo.com/legal-encyclopedia ... 29546.html
That is a quick overview but obviously you would need an attorney.
And you are not going to seize all of it, just remove the unfair protections government investments get. Again collecting judgments is not something novel or new. Private investments get no protections. And if the Saudis do not want to risk their investments they can pay the judgement or stop committing crimes and torts in the first place. Again none of this is novel or new. It happens all the time, if you do something wrong as a private company or individual you can get sued. This is just keeping the Saudi government from getting an unfair advantage.
33% of US imports are from OPEC. But the vast majority of our oil is produced at home. You know the US is the world’s biggest oil producer, right?
Net imports only cover 19% of US oil consumption.
https://www.eia.gov/tools/faqs/faq.php?id=32&t=6
.33x.19=.0627= 6.27%
This is not complicated math.
We actually get our rare earth minerals from China, although we have plenty here, but it is cheaper to exploit Chinese workers and pollute there. Despite the name rare earths are not actually rare.
The US generally exports more gold than we import, and no OPEC countries are among the biggest gold producers.
https://minerals.usgs.gov/minerals/pubs ... 7-gold.pdf
We do not get most our diamonds from OPEC either.
https://minerals.usgs.gov/minerals/pubs ... -diamo.pdf
So the answer is all of them. No OPEC country is a major source of any of that for us.
And what is your alternative? That we let these countries commit any crime and get away with it because they have oil? (Especially when we no longer rely on them?)
No, but charging them and attempting to sue them isn't going to work. Sanctions, I get, but suing them just encourages them to pull out and invest elsewhere. But it's not like trade sanctions have ever had knock-on unpredictable effects. Find a way that doesn't involve screwing everyone over. Hell, going to war would probably be less damaging than long term economic sanctions on nearly 10% of the world.
by Publica » Wed Nov 21, 2018 8:58 pm
Novus America wrote:Publica wrote:
No, but charging them and attempting to sue them isn't going to work. Sanctions, I get, but suing them just encourages them to pull out and invest elsewhere. But it's not like trade sanctions have ever had knock-on unpredictable effects. Find a way that doesn't involve screwing everyone over. Hell, going to war would probably be less damaging than long term economic sanctions on nearly 10% of the world.
The assets they have are not liquid and easily removed and besides they did not after JASTA, and private companies still invest in the US despite the fact the can be sued for doing bad things.
I never said use generalized long term sanctions. On target certain high level officials.
And you say “find a way” but continue to fail to offer any solutions whatsoever.
by Mardla » Wed Nov 21, 2018 9:04 pm
by Bombadil » Wed Nov 21, 2018 9:06 pm
by Novus America » Wed Nov 21, 2018 9:10 pm
Publica wrote:Novus America wrote:
The assets they have are not liquid and easily removed and besides they did not after JASTA, and private companies still invest in the US despite the fact the can be sued for doing bad things.
I never said use generalized long term sanctions. On target certain high level officials.
And you say “find a way” but continue to fail to offer any solutions whatsoever.
JASTA has done absolutely nothing since it was passed. The plaintiffs have lost every case so far. Stocks can be sold in a day, depending on what losses you are prepared to take. How much of that investment is actually solid?
I was under the impression you were planning to use long term tariffs against them, my apologies.
Targeted tariffs against individuals, or the SA government would probably be decently effective. Give the UN some teeth, or take them to the ICC and then back it up.
by Publica » Wed Nov 21, 2018 9:37 pm
Novus America wrote:Publica wrote:
JASTA has done absolutely nothing since it was passed. The plaintiffs have lost every case so far. Stocks can be sold in a day, depending on what losses you are prepared to take. How much of that investment is actually solid?
I was under the impression you were planning to use long term tariffs against them, my apologies.
Targeted tariffs against individuals, or the SA government would probably be decently effective. Give the UN some teeth, or take them to the ICC and then back it up.
JASTA is simply too limited. It only applies to state sponsored terrorizing which is hard to prove.
The point is that no country withdrew investments because of JASTA despite threatening to. I am saying we give JASTA border coverage beyond terrorism and real teeth.
Taking a loss is still a loss. It still hurts them.
Plus why take a loss trying to sell the assets instead of losing less money by just following the law?
I agree targeted sanctions (tariffs cannot really be targeted against individuals) is a route we should be and are taking.
Giving the UN teeth is impossible. The UN is controlled by dictatorships and corruption.
The ICC has no power, because the Saudis are not party to it. How are you going to take them to it? You cannot go into Saudi Arabia and arrest them.
US courts have far more power than the ICC. Because unlike the ICC the US has real economic power. So I am saying we use them instead.
by Mardla » Wed Nov 21, 2018 9:49 pm
by Publica » Wed Nov 21, 2018 9:52 pm
by Cameroi » Wed Nov 21, 2018 9:59 pm
by Kowani » Wed Nov 21, 2018 10:02 pm
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