Tag Archives: al-Sabah

Stealing The Oil & Making It Worthless

(Excerpted from Chapter 12: The Gulf Oil War: Big Oil & Their Bankers…)

While Saddam was preoccupied with the Iranians, the Kuwaiti government busied itself slowly moving its long-disputed border with Iraq northward into the area containing the massive Rumaila oilfield, which the Four Horsemen now knew to be one of the richest in the world. Continue reading

Loyal To The Bank Of America

2015-central-america-19-huehuetenango-parque-central(Excerpted from Chapter 6: The Bank of Crooks & Criminals International: Big Oil & Their Bankers…)

The NSC was funneling arms to the Nicaraguan contras before Oliver North’s resupply network was operational.  US aid to Saudi Arabia was being forwarded to the contras via the Karachi, Pakistan-based Bank of Credit & Commerce International (BCCI). [212] Continue reading

Convenient Monarchy

000031(Excerpted from Chapter 5: Persian Gulf Rent-A-Sheik: Big Oil & Their Bankers…)

Kuwait was officially formed in the mid 1920’s under the Sykes-Picot Agreement. The al-Sabah family has ruled ever since.  On advice from Saudi King Fahd, the al-Sabah clique dissolved Kuwait’s Parliament in both 1975 and 1986 when opposition to the emir grew too loud. [179] Continue reading

Tea-Sipping Embezzlers

(Excerpted from Chapter 5: Persian Gulf Rent-A-Sheik: Big Oil & Their Bankers…)

In order to fully understand the significance of the formation of the GCC, one must appreciate the history of feudal elite rule and British colonization which resulted in the very existence of the sheikdoms which make up the GCC. Continue reading