HALF-MAST... IT FLAGS GOVT’S STATE OF DENIAL
Four-time Walkley Award winning political commentator and Churchill Fellow, has returned to the fray over concern that the integrity of news dissemination is continually being threatened by a partisan media.
Barack Obama refused to join world leaders in a unity march that followed the Islamists’ murder of Paris journalists but he is dropping everything to travel to Ryhadh to pay personal homage to a dead Saudi “king” who was instrumental in cultivating terrorism and undermining the West.
His successor, half brother Salman, will prove equally as dangerous and even more subservient to the real House of Saud, the Wahhabist clerics, who rule both Houses with a vile Shariah Law.
The Wahhabist clerics still hold power and the religious Shariah Law police still patrol public spaces overseeing decapitations and ensuring the subjugation of women.
But the “political” House of Saud recently flew in the face of the Wahhabists and let foreign investors buy shares in a multi billion-dollar banking IPO to shore up its cash reserves, despite outrage from top clerics who stated that buying shares was forbidden on religious grounds.
But the “political” House of Saud holds the purse strings and it has proved time and again that even the most religious of Wahhabists can be bought off.
As the dominant producer in OPEC, Saudi Arabia will continue to increase its output of oil despite an oversupplied market, helping to further depress prices and render the West’s production and exploration of shale oil and gas economically unviable.
Apparently Obama believes this Saudi tactic is acceptable as he prepares to veto the Keystone oil pipeline from Canada supplying US refineries with affordable oil.
Whether this self-sabotage move by Obama was discussed at his latest soiree with the Saudis we may never know.
The International Monetary Fund has estimated Saudi Arabia’s cash reserves at between $750 billion and $2 trillion, which can easily sustain its losses and buy sufficient time to cripple US plans and keep oil dependency on the Saudis.
“Things are always sustainable in Saudi Arabia where they can afford to keep paying,” said Steffen Hertog, an associate professor at the London School of Economics.
The fact that Australia has lowered its flags in honour of the worst of Islam’s worst tyrants is testament to how much of a fight we have on our hands.