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Protests Spread To Saudi Arabia

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Sat, 01/29/2011 - 14:22 | 916298 Salinger
Salinger's picture

did someone say free food?

Sat, 01/29/2011 - 14:23 | 916300 sushi
sushi's picture

And $10 gas?

Sat, 01/29/2011 - 14:28 | 916313 JW n FL
JW n FL's picture

gas, at the pump... in the Kingdom, is $0.25 per gallon? or liter? I think its gallon. so no, it is not gas prices.

Sat, 01/29/2011 - 14:40 | 916338 Malcolm Tucker
Malcolm Tucker's picture

Glad to have blogged about this earlier. 

Now the whopper...Saudi King Abdullah publicly endorses Mubarak!!!



Sat, 01/29/2011 - 14:44 | 916352 JW n FL
JW n FL's picture

The King is here in New York... since last month and is not going home (or isnt due too) any time soon. Blog that.

Sat, 01/29/2011 - 15:15 | 916421 66Sexy
66Sexy's picture

apples and oranges here. these are a bunch of saudi fat cats, takin' a break from counting their money...


egyptians are the real deal; this i suspect is staged.

Sat, 01/29/2011 - 16:02 | 916539 DoChenRollingBearing
DoChenRollingBearing's picture

-- Ben Ali takes 1.5 tonnes with him on his way out of Tunisia.

-- DOZENS dead in Egypt.

-- Now Saudi Arabia.

Ruh roh.

Sat, 01/29/2011 - 15:06 | 916404 Aristarchan
Aristarchan's picture

This is a typical lint-headed attempt by the Saudi Royals to discredit any move toward democratization or regime change in the region. If he supports the popular movement in Egypt, then he would have to support one in Saudi Arabia - at least in the eyes of the Saudi people.

Sat, 01/29/2011 - 16:03 | 916544 StychoKiller
StychoKiller's picture

Senility is NOT just a western disease!  Sounds like the good OLD boys club only supports their own!

Sat, 01/29/2011 - 18:45 | 916845 Sokhmate
Sokhmate's picture

per liter

Sat, 01/29/2011 - 14:24 | 916301 nope-1004
nope-1004's picture

It's insane to think you can calm the masses by giving them dollars.  Diluted printed paper promisary dollars, at that.

Gov'ts are so out of touch, it's incredible.  Hyperinflation is upon us.  Plan accordingly.


Sat, 01/29/2011 - 14:42 | 916343 Blano
Blano's picture

Seems to work pretty good here in the US.

Sat, 01/29/2011 - 15:15 | 916423 Eternal Student
Eternal Student's picture

Dollars, perhaps. But giving the masses bread has been very effective at quelling the masses. Western Rome used it two thousand years ago; Eastern Rome followed the example about 500 years later. Both only did so to keep the populace quiet, and to prevent future riots.

One can view it as a tax upon the rich, to keep the poor in line. As I said it was effective.

What we have in the Middle East is being sparked by the food being taken away, via higher prices. People will put up with the Status Quo if they have food. But remove that, and they have nothing left to lose.

You can thank the Fed and the Wall Street gamblers (err, Bankers)  for this one.


Sat, 01/29/2011 - 19:14 | 916887 CynicLaureate
CynicLaureate's picture

We're giving free food to 43 million people here in this country... that's more than the population of Kuwait, Jordan and Saudi Arabia combined.

Seems to be working so far.


Sun, 01/30/2011 - 07:30 | 917590 Oh regional Indian
Oh regional Indian's picture

Nobel thought CLaureate. Very interesting to see the food stamp program in that light.

Puts the Kuwaiti offer in a whole new light.

Very strange to see the dynamic in the oil-rich ME nations. For the longest time, they had enough and more to keep their people healthy, wealthy and free to creat for th enext 10 generations. 

Yet they burnt it on extravagant life-styles, impossible projects and back to the banks of the masters, for laundering, cleaning and screwing the world. Makes me wish I'd save all my reading. I'd read an awesome article that dealt with the numbers since the 1970's especially. Mind-boggling. It's the slosh and th epower in the TPTB hands, recycled petro-dollars.



Sun, 01/30/2011 - 15:04 | 918156 Aerows
Aerows's picture

Hungry people are a lot less angry than full people.


Civilization and anarchy are seven meals apart.

Sat, 01/29/2011 - 16:16 | 916567 Lord Koos
Lord Koos's picture

"Kuwait is paying its citizens $3,500 plus free food for a year to keep calm."

Well, that's one way to look at it.  The other way to see it is that the citizens of Kuwait, unlike most Americans, actually get to share the proceeds from their country's natural resources.  Not unlike Alaska, where state citizens get a share of oil revenue annually.

Sat, 01/29/2011 - 14:24 | 916303 dark pools of soros
dark pools of soros's picture

is that really a protest or just can't find the wedding??

Sat, 01/29/2011 - 14:30 | 916317 DonnieD
DonnieD's picture

I think they're looking for the stoning.

Sat, 02/12/2011 - 22:14 | 956822 hamstercheese
hamstercheese's picture

ha....hilarious, thanks for the laugh.

Sat, 01/29/2011 - 14:24 | 916305 b_thunder
b_thunder's picture

Freedom?  Democracy?  Bill of rights? 

No, the greatest gift of the United States to the World is no one else but Ben Shalom Bernanke, plus the Fed's rate setting and money printing committee!


Sat, 01/29/2011 - 14:25 | 916307 JW n FL
JW n FL's picture

Thank you KGB!

Thank you BP!!

Thank you FED!

Thank you Bankers!

insert Hillary and Ben joke here about checking the oil...

Sat, 01/29/2011 - 14:43 | 916348 redarrow
redarrow's picture

If the Al Saud house falls, the world will have to thank the Fed.

Sat, 01/29/2011 - 14:48 | 916371 JW n FL
JW n FL's picture

why? the FED needs oil, just like me and you...

KGB... do you know what that means? nooooo? http://en.wikipedia.org/wiki/KGB

BP... do you know what that means? nooo? http://www.bp.com/bodycopyarticle.do?categoryId=1&contentId=7052055

if you add them together, with an OPEC who has been playing hard ball... it equals...


Putin offers tax breaks for BP deal - Telegraph

Jan 16, 2011 ... Prime Minister Vladimir Putin. Putin offers tax breaks for BP deal. Image 1 of 2 . Oil exploration in the US part of the arctic region - BP ...
www.telegraph.co.uk/.../Putin-offers-tax-breaks-for-BP-deal.html - Add to iGoogle

  • US left wounded as Putin seals BP deal - Telegraph

    Jan 15, 2011 ... Putin offers tax breaks for BP deal. 16 Jan 2011 ...
    www.telegraph.co.uk/.../oilandgas/.../US-left-wounded-as-Putin-seals-BP-deal .html

    Sat, 01/29/2011 - 14:55 | 916381 redarrow
    redarrow's picture

    Got it, my post was more related to the fact that people living in other parts of the world spend a large percentage of their income for food and with the diarrhea from Ben's butt they find themselves unable to buy food. That is why events are happening in Tunisia, Egypt. IMHO the Fed by controlling the reserve currency made everything expensive and they are to blame.

    Of course, no one is denying that actors on your list.

    Sun, 01/30/2011 - 15:06 | 918161 Aerows
    Aerows's picture

    Exactly - rising food prices are contributing factors.  When people are starving, they aren't as willing to accept the status quo.

    Sat, 01/29/2011 - 22:11 | 917201 max2205
    max2205's picture

    Barry really Fucked up not crippling BP and seizing it's assets and reserves for trashing our Gulf. Now the fucking Russians will own the prize

    Thanks Barry

    Sat, 01/29/2011 - 16:25 | 916588 Lord Koos
    Lord Koos's picture

    Blaming Bernanke for the revolt against authoritarian governments in the middle east is absurd.  It was an unsustainable situation in most of these countries anyway, inflation was just the last straw.  This is just the chickens coming home to roost after decades of bogus foreign policy by both Britain and the US.  It all may end up for the best.  People are talking about their rights, not about jihad.

    Sat, 01/29/2011 - 16:46 | 916617 Bananamerican
    Bananamerican's picture

    Lord, you & a few others miss the point...

    Don't you ask yourself "Why NOW"?

    No one's saying it's BB in a vacuum but people can put up with totalitarianism for decades as long as they can EAT....Let's face it, Bernanke is a shitty SimCity player.

    I'm personally thrilled to see the wheels coming off the camel.....people power & "consent of the governed" and all that. I'd just wish the dumfuks in O's admin. would get on the People's side asap (yes, even if those people are Muslims). It's the blindingly obvious thing to do...AND, as usual, it's the Right thing to do.

    Sat, 01/29/2011 - 17:11 | 916676 SteveNYC
    SteveNYC's picture

    Ben's ignorance is most certainly a condition that is affecting the current actions and outcomes, that can not be disputed. Is it all Ben's fault? Of course not.

    But the Princeton-ite is just following script per his thesis: bail out the banks at ANY cost. When he had his head buried in his school books and his myopic thesis, he was not counting on the unintended consequences of his actions.

    Sun, 01/30/2011 - 14:07 | 918003 Kobe Beef
    Kobe Beef's picture

    These cascading protests throughout the Middle East remind me of the cascading protests throughout Eastern Europe as a different empire lost control of its outlying puppet states.

    Good Riddance, Empire. Good Luck, Egypt. I hope you get something better than another satrapy.

    Sat, 01/29/2011 - 15:36 | 916463 TruthInSunshine
    TruthInSunshine's picture


    If there is a major 'structural disruption' in Saudi Arabia, we'll be in an economic depression faster than The Bernank can say "I'm 100% confident I have the tools to effectively combat this," with a cracking voice projected through quivering lips and  nervous, flinching facial twitches.

    This is NOT circa-1979 America, which still had a meaty and vibrant manufacturing base, relatively low debt levels, and far fewer stuctural issues of today (thanks, in part, to people like Greenspan and Bernanke).

    And beside, what will he do? Lower the overnight Fed Funds Rate?? Buy more treasuries from the Squid and other PDs? Buy more MBS?

    He's on warp drive already.

    Way to leave yourself some tools (not), Ben Bernankicide!

    Sat, 01/29/2011 - 16:18 | 916574 A Man without Q...
    A Man without Qualities's picture

    These two books are written about 20 years apart, but I think they are the best works to allow Westerners understand the origin and the current state of Saudi Arabia.  One of the key points to remember is that the wealth of the country is concentrated in a very limited number of hands.  The majority are excluded, unemployment is a serious issue and most that have jobs are stuck in pointless state jobs.  The other thing it shares with Egypt, is while the leadership frets over Iran (Sunni leaders see a joint mission to stamp out the Shia herecy), the common man has an obsessive hatred of Israel and the Western nations that support it.  





    Sat, 01/29/2011 - 16:47 | 916632 Founders Keeper
    Founders Keeper's picture

    [This is NOT circa-1979 America, which still had a meaty and vibrant manufacturing base, relatively low debt levels, and far fewer stuctural issues of today...]---TruthInSunshine

    I agree. If anyone tries telling you that today's problems are comparable to those in the 1970's, run as fast as you can from them. They have no idea what's going on. And, they cannot be convinced otherwise.

    Oh, and your first paragraph was priceless! Love a good tie-in. Thanks, Sunshine.


    Sat, 01/29/2011 - 19:13 | 916885 Dapper Dan
    Dapper Dan's picture

    Bens problem is a similar to mine in most of his tools are made in China and are not worth the price of shipping.


    Sat, 01/29/2011 - 14:28 | 916312 bunkermeatheadp...
    bunkermeatheadprogeny's picture

    "Kuwait is paying its citizens $3,500 plus free food for a year to keep calm"

    U.S. version is food stamps and "earned income" credit

    Sat, 01/29/2011 - 14:55 | 916379 JW n FL
    JW n FL's picture

    the quality of life in the Mid East... has fallen, faster than the median quality of life here.. since the 1950's 60's...







    The average (I dont know where the source is, or I would have posted it) of the 1970's was $30k per head... down to $17k per head (ruffly), sprinkle some inflation on top and they are a poor people.


    If you think Saudi will not burn? or that this was not cooked up a while ago.. you are wrong.

    Sat, 01/29/2011 - 15:42 | 916478 Arch Duke Ferdinand
    Arch Duke Ferdinand's picture

    "The Quality of Life in the Middle East has fallin"

    ...Which makes Canada's Four Western Provinces, led by Vancouver BC as the safest Haven in the World...hands down..a plethora of natural resources, w/ only 12.5 million citizens!...


    Sat, 01/29/2011 - 17:00 | 916656 attst487
    attst487's picture

    I would have to point you in the direction of Argentina. :-)

    Sat, 01/29/2011 - 14:30 | 916318 hugovanderbubble
    hugovanderbubble's picture

    Oil looking for 200$, in a super spike

    Sat, 01/29/2011 - 14:55 | 916380 JW n FL
    JW n FL's picture


    Sat, 01/29/2011 - 15:10 | 916414 Black Forest
    Black Forest's picture

    Not spike but plateaux.

    Sat, 01/29/2011 - 14:32 | 916320 gorillaonyourback
    gorillaonyourback's picture

    helicopter been is flyin over kuwait and givin them money and food?  what the fuck why cant he fly over my house

    Sat, 01/29/2011 - 14:34 | 916323 wcvarones
    wcvarones's picture

    Zimbabwe Ben meets the Kingston Trio: They're rioting in Africa.

    Sat, 01/29/2011 - 14:34 | 916324 Mr Poopra
    Mr Poopra's picture

    Godspeed to all our brothers and sisters yearning to be free.  


    Sat, 01/29/2011 - 15:38 | 916466 UninterestedObserver
    UninterestedObserver's picture

    You are referring to your fellow Americans correct?

    Sat, 01/29/2011 - 14:36 | 916329 EscapeKey
    EscapeKey's picture

    Living standards are declining in Saudi Arabia, and the wealth is seriously polarized. The population is restive and largely uneducated, the monarchy is extremely unpopular, and 48% of the 20-24 year olds is unemployed, and 31% of the 25-29 year olds. Furthermore, riots are outright illegal, and are usually clamped down hard upon.

    If it kicks off here, oil will fucking spike.

    Sat, 01/29/2011 - 16:10 | 916556 DoChenRollingBearing
    DoChenRollingBearing's picture

    That is my understanding as well.

    The (large) Saudi royal family has all they want.  But, there are LOTS of unemployed (& unemployable) young men who have jack squat.  I guess majoring in Islamic Studies there in Riyadh (etc.) was not such a great decision, eh Mohammad?

    Oh, and Shi'ites in eastern S.A., right where the oilfields are.

    Saudi Arabia has been a bomb waiting to off for years.  Maybe this year?

    Sat, 01/29/2011 - 16:29 | 916598 Lord Koos
    Lord Koos's picture

    Except for the monarchy bit, much of this could/will apply to America.

    Sat, 01/29/2011 - 14:36 | 916330 gorillaonyourback
    gorillaonyourback's picture

    does anybody feel that twitter is just a cia propaganda machine?

    Do NOT follow this link or you will be banned from the site!