If'n yer gunna start a war with a nutter blood-stained dictator, check to see how deep his pockets are.
Gadhafi has over seven billion dollars in gold to turn to, sitting in his own private vaults, according to Bloomberg.
That'll buy yew a whole slew of Malian mercenaries, tanks to replace the ones the French blew up, and trainloads of munitions, which can be bought with cash and trucked in across the southern border. He's just begun the killing, raping and maiming.
So, next time, give a thought before you 'go kinetic' on someone. You might not call it a war, but he sure does, and people like Gadhafi stay in power by playing to win. Public opinion pollsters don't do a good trade in places like Libya, know-whud-i-mean?
The culture shapes the economy long before the economy shapes the culture. Where should we devote our energies?
Showing posts with label Gold Reserves. Show all posts
Showing posts with label Gold Reserves. Show all posts
Tuesday, April 5, 2011
Tuesday, March 22, 2011
A Quick Memo To TheWinnerOfTheNobelPeacePrize: If'n Yuh Gunnah Startcherself A War Bubbah
...check to make sure the other guy don't have over 140 tons of gold in his vaults in Libya.
From FT:
The international community has hit Muammer Gaddafi with a raft of sanctions and asset freezes aimed at cutting off his funding. But the embattled Libyan leader is sitting on a pot of gold.
The Libyan central bank – which is under Colonel Gaddafi’s control – holds 143.8 tonnes of gold, according to the latest data from the International Monetary Fund, although some suspect the true amount could be several tonnes higher.
That's upwards of $6.5 billion USD, which can buy your boy Gadafi boatloads of weapons, ammo, intelligence, and Black African mercenaries quite willing to slaughter people wholesale.
Add a bunch of cash from all that oil money stuffed under the proverbial mattress, and plenty of time to get everything out of sight and reach of the West, and you, Bubbah, have gotcherself a big-ass mess on your hands.
And a really really really pissed-off Congress and a bunch of former friends to boot.
Hell'sBells, Bubbah! Yo' home-boy Kucinich be raking yo ass ovah the coals with yo' own damn words! Didjew evah stop to think that all that verbiage you spouted just to get yo scurvy self elected might someday be quoted?
Enjoy Latin America--wolf down a few extra burritos while you can, MissahPrezident.
To quote that great Cuban intellectual, Ricky Ricardo: 'You gots some 'splainin' to do, Lucy!'.
From FT:
The international community has hit Muammer Gaddafi with a raft of sanctions and asset freezes aimed at cutting off his funding. But the embattled Libyan leader is sitting on a pot of gold.
The Libyan central bank – which is under Colonel Gaddafi’s control – holds 143.8 tonnes of gold, according to the latest data from the International Monetary Fund, although some suspect the true amount could be several tonnes higher.
That's upwards of $6.5 billion USD, which can buy your boy Gadafi boatloads of weapons, ammo, intelligence, and Black African mercenaries quite willing to slaughter people wholesale.
Add a bunch of cash from all that oil money stuffed under the proverbial mattress, and plenty of time to get everything out of sight and reach of the West, and you, Bubbah, have gotcherself a big-ass mess on your hands.
And a really really really pissed-off Congress and a bunch of former friends to boot.
Hell'sBells, Bubbah! Yo' home-boy Kucinich be raking yo ass ovah the coals with yo' own damn words! Didjew evah stop to think that all that verbiage you spouted just to get yo scurvy self elected might someday be quoted?
Enjoy Latin America--wolf down a few extra burritos while you can, MissahPrezident.
To quote that great Cuban intellectual, Ricky Ricardo: 'You gots some 'splainin' to do, Lucy!'.
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