If you enjoy the content at iBankCoin, please follow us on TwitterWASHINGTON (CNNMoney) — Even before Moammar Gadhafi’s death Thursday, the Treasury Department was already starting to thaw some $37 billion worth of frozen Libyan assets to make them available to the new government in Tripoli.
The new Libyan government will get all the money. Eventually.
Earlier this year, the United States froze its piece of what some analysts believe to be as much as $150 billion in assets that had been available to the Gadhafi regime around the world.
Outside of the United States, those assets range from real estate to stakes in the Italian bank UniCredit, the British publisher Pearson, which owns the Financial Times, and Italy’s soccer club Juventus.
Joined Nov 11, 2007
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War is about Globalization, and increasing the labor force for major businesses to reduce cost of workers. Who pays the bill? The americans via taxes, and increased competition in jobs (suppressed wages). Not to mention the accounting fraud going on by government (and business) to accomplish these ends.
People that say it’s about oil are only looking at one side of things. Who pays to blow up bridges and then spend more money than needed (on the books) to rebuild those same bridges? The taxpayer, but then again 40% of our inflation due to borrowing is exported.
• $6.8 trillion mysteriously disappears from the Federal Reserve
• $2.3 trillion mysteriously disappears from the FDIC
• $7.4 trillion mysteriously disappears from the Treasury
• $7.2 trillion mysteriously disappears from other government programs & institutions
Libyan rebels were in favor of globalization and how dare Momar Qaddafi stand in their way.
Middle east? same thing. The ‘crew’ is all about doing what needs to be done for increased global efficiency. But compartmentalization and using people for their own selfish desires means many of the people helping to achieve these ends have no idea and are just looking for the risk free trade and government tax payer paid assistance.
That’s a tall order as there are only about $3 trillion U.S. notes outstanding. Sensational conspiracy theory though.