Saudi Princes, U.S. Princes

Saudi Prince

Saudi Prince

Something I stumbled across today:

“He rode through the sandy streets throwing money into the air. Members of the royal family muscled their way into all the comtracts, commissions, concessions and franchises they could get their hands on.”

“Still not sated, the princes forced themselves into business deals as ‘agents’, or ‘consultants,’ raking in billions in the form of kickbacks and bribes.”

That was 1953 in Saudi Arabia, though it sounds like Washington, D.C., 2009. TARP, taking over entire industries, throwing money into the air, concentrating control.

Quotes are from the book The Looming Tower, by Lawrence Wright.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: