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The Damnable Cult Of The Stock Marketplace Pose As Well As The Istanbul Bonesaw Massacre

By David Stockman

During an appearance on Fox Business yesterday nosotros were asked well-nigh the Khashoggi affair as well as whether whatever intemperate reply past times Washington mightiness inconvenience the political party kids’ reviling on Wall Street. Perhaps nosotros were having a bad pilus day, but the inquiry did trigger a fairly intemperate reply on our part.

For crying out loud, Mohammed Bin Salman (MBS) is hands downward the most murderous thug operating on the middle eastern phase at the moment, as well as he’s got a lot of contest for the title.

For instance, final calendar month General al-Sisi evidently spent some of the $1.5 billion Washington sends him each yr to run a demo trial against 700 Egyptians who withdraw maintain been inwards jail the past times 5 years for protesting his bloody 2013 coup against Egypt’s showtime freely elected president, Mohamed Mursi.

Their sin, of course, was that they had exercised the correct of gratis spoken communication – which supposedly the Arab Spring had conferred upon them – inwards social club to affiliate alongside the Muslim Brotherhood. The latter is the scourge of tyrants as well as greedy monarchs throughout the Islamic world; as well as is peculiarly loathed past times the House of Saud, which may explicate a thing or 2 well-nigh the missing trunk parts of Mr. Khashoggi, who was also an outspoken brotherhood adherent.

In whatever event, 75 of these protesters are to hold out awarded the hangman’s noose, as well as the residue a long rest inwards General al-Sisi’s hospitality suites, which are widely understood to hold out non all that.

Still, that ain’t nothin’ compared to the virtual genocide that MBS has conducted against Yemen. And at that spot the trunk parts inwards inquiry are the fragments of Yemeni civilians – often women as well as children – who brand it the means of MBS’ Washington supplied as well as targeted bombs, drones, shells as well as bullets; or who only driblet dead from starvation as well as the worst outbreak of cholera inwards recent times.

According to Save the Children, upwards of 50,000 children died from hunger as well as illness inwards 2017 alone, piece the United Nations estimates that at to the lowest degree 16,000 civilians withdraw maintain been killed or maimed past times the Saudi air attacks.

So nosotros called a spade a spade on the matter, only to withdraw maintain our Fox host retort every bit follows:

"…..not making a judgment on the moral correct or incorrect of the matter…but if nosotros fissure downward difficult alongside sanctions as well as such, are y'all telling us y'all don’t mean value at that spot is a fiscal marketplace position impact?"

Of course of didactics that wasn’t what nosotros were saying. But what nosotros were thinking was: Really?

Apparently this Foxified stock marketplace position cult-boy assumes fifty-fifty America’s unusual policy should hold out driven past times the divine correct of the casino to hold out pleasured past times ascent stock prices each as well as every day.

Then again, it looks similar Fox’s greatest Fan-boy is slouching inwards the same management as well as for the same reason. That is, to continue what he has at nowadays embraced every bit the Trump Bubble levitated come upwards hell or high water.

As the Middle East Eye noted this morning, it would appear that Jared Kushner and/or the Donald withdraw maintain seized upon a solution. Namely, that the hotheaded 33-year old MBS, who has created the greatest murder spectacle since O.J. Simpson’s wild ride inwards the Bronco, could do goodness from the steadying paw of, well, his 28-year old brother, Khalid bin Salman!

"In DC the utter is well-nigh Khalid becoming a deputy crown prince to demo the the world that MBS is basically opening upwards his autocratic as well as self-centered leadership to include others as well as create to a greater extent than accountability.

We don’t know whether this prospective Salman Brothers duo tin give the sack brand the Istanbul Bonesaw Massacre instruct away or not, or continue the stock marketplace position ascent on its appointed ascent. But nosotros tin give the sack at to the lowest degree promise the MBS contretemps volition stir a modicum of thought inwards the Imperial City well-nigh the larger number involved.

Namely, that the biggest province sponsor of terror inwards the Middle East is Saudi Barbaria, non the Iranians. And that the line of piece of employment solid of Saud’s corrupt grapple alongside its ain medieval Wahhabi clerics is the truthful source of jihadi terrorism inwards the region, non the Shiite/Alawite communities of Iran, Syrian Arab Republic as well as Lebanon.

The truth of the affair is that it was the Iran-led Shiite coalition – alongside the assistance of the Russian Air Force – which essentially extinguished the barbaric Islamic State inwards Syrian Arab Republic as well as Iraq.

So non only has Washington long been on the incorrect side of the Shiite/Sunni divide, but owing to the Donald as well as Jared’s bromance alongside MBS, the Trump direction has taken the US correct off the deep-end alongside its vicious assault on the Islamic Republic of Iran nuke grapple as well as the ruling regime inwards Tehran.

And that’s the existent evil beingness perpetrated past times MBS. His infantile yet bloodthirsty vendetta against Islamic Republic of Iran is the driving forcefulness behind much that roils the middle eastward at present.

Thus, MBS’ political as well as economical assault on Qatar was motivated non only past times the Muslim Brotherhood friendly policies of its ruler, but to a greater extent than peculiarly past times Qatar’s friendly relations as well as diplomatic recognition of Iran, alongside which it shares the largest natural gas plain inwards the world.

Likewise, he of late kidnapped, roughly interrogated as well as humiliated Prime Minister Hariri of Lebanese Republic for beingness also soft on Hezbollah. Never heed that the latter controls the largest bloc inwards Lebanon’s parliament as well as is a player inwards the nation’s constitutionally prescribe three-way split of powerfulness – wherein the Shiite elect the Speaker of the Parliament, the Sunnis call the Prime Minister as well as the Chrisitians select the country’s President.

But none of this mattered because MBS is determined to human face upwards Tehran as well as its allies from i cease of the Mideast to the other. And that’s the existent argue for his genocidal assault on Yemen.

The latter is amid the poorest, most industrially backward redoubts inwards the entire the world as well as doesn’t remotely withdraw maintain the capacity to threaten Riyadh. Its gross domestic product of just $18 billion or a paltry $650 per capita is less than 3% of Saudi’s stupendous oil-fueled GDP, which funds the 4th largest armed services budget inwards the world.

And at nowadays Yemen’s polity has been completely shattered, too, past times civil state of war as well as the relentless Saudi bombing campaigns.

The W as well as due north are controlled past times the Houthi government, which sized powerfulness during 2015 inwards the country’s upper-case missive of the alphabet metropolis of Sana’a. So doing, they inherited a large cache of American weapons left behind past times the fleeing official government.

At the same time, the southward as well as eastward are fragmented betwixt erstwhile President’s Hadi’s Saudi puppet authorities as well as regions controlled past times al-Qaeda, the Muslim Brotherhood as well as diverse tribal potentates as well as pocket-sized fourth dimension warlords – some or all of whom are warring alongside each other every bit good every bit alongside the Houthi.

In a sane the world it would hold out right away obvious that America has no Canis familiaris inwards this fratricidal bloodletting inwards i of the truthful armpits of the planet. But the Houthis, who withdraw maintain long dominated their part of the country, do a cast of Shiite Islam. In turn, that makes them a confessional ally of Islamic Republic of Iran as well as thus a convenient target for MBS’ proxy state of war on Tehran.

That’s the total as well as centre of the Republic of Yemen catastrophe: It’s a genocide launched 3 years agone past times the as well as then 30-year old Defense Minister of Kingdom of Saudi Arabia as well as boy of its dementia-enfeebled manlike mortal monarch for no other role than to boot the Iranians inwards the shins.

But i thing has led to some other – including the aforementioned bromance of the Donald as well as his son-in-law alongside a reckless power-hungry immature tyrant who has gotten the White House to autumn hook, line as well as sinker for his anti-Iranian agenda. And that didn’t withdraw maintain much doing – since Bibi Netanyahu had already polluted their sparse grasp of the part alongside his ain demonization of Tehran.

The irony is palpable. The boys as well as girls on Wall Street may instruct past times accident that which they desperately do non want: Namely, a textile fossil oil outage inwards the Western Farsi Gulf as well as a temporary surge inwards fossil oil prices dorsum to $150 per barrel.

That eventuality would brand no affair inwards the longer run because the world provide as well as need would adjust, as well as high-cost deep H2O fossil oil as well as shale production would instruct an added incentive, every bit would conservation as well as all the diverse flavors of choice energy.

But a Western Farsi Gulf fossil oil interruption would right away shatter an egregious stock marketplace position bubble that is beingness held aloft on fumes as well as awaits only for a windshield on which to splatter.

At the cease of the day, however, that may good hold out the argent lining.

The Donald’s demented sanctions displace to bring down Iran’s fossil oil exports to goose egg subsequently Nov had already threatened to upset the applecart inwards the global fossil oil market; and, apparently, it had also given the reckless Crown Prince the impression that he could piece of employment alongside impunity, as well as that no deed of thuggery was to brazen to hold out eschewed.

But at nowadays the Khashoggi imbroglio threatens to instruct totally out of hand. Mohammed bin Salman’s recklessness inwards Istanbul may yet mail the line of piece of employment solid of Saud into an existential crisis – peculiarly if the Donald’s stubby picayune hands are forced to severely punish the Saudi’s owing to the overwhelming persuasion of the the world community.

That is to say, along alongside the collapse of the stock marketplace position nosotros could also encounter the collapse of the monarchy, as well as the seizure or sabotage of its Western Farsi Gulf fossil oil fields. After all, they move on to prevarication inwards the eastern part of the province which is heavily populated past times Shiites, who withdraw maintain been brutally prosecuted past times MBS.

Needless to say, y'all volition hold out worse for the wearable if y'all hang unopen to the casino inwards the human face of this potential double collapse.

But the the world volition hold out far improve off on both counts.

David Stockman was Director of the Office of Management as well as Budget nether President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street.


The higher upwards originally appeared at David Stockman's Contra Corner.

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