Saudia Arabia to Sell All US Assets as Congress Overrides Obama Veto


ArmstrongEconomicsArmstrongEconomics

Congress voted to override Obama’s veto that families of those killed in the terror attacks on 9/11 would not be allowed to sue Saudi Arabia. This is the first time he has been overruled. This will open the courts in New York to some very interesting court battles, but Saudi Arabia will most likely sell off all US assets to prevent any US court from freezing their assets. If they take everything out of the USA, then they can ignore the courts and not defend at all exposing themselves to discovery rules that will be very intrusive.


White House Enraged At “Most Embarrassing Vote Ever” Senate Veto Override

ZeroHedge


President Obama is on track for his first veto override. Senators voted 97 to 1 to affirm a bill allowing 9/11 suits against Saudi Arabia.

A sweeping bipartisan majority in the Senate rejected President Obama’s veto of legislation that would allow families of those killed in the Sept. 11, 2001, terrorist attacks to sue Saudi Arabia for any role in the plot, all but assuring that Mr. Obama would suffer the first override vote of his presidency.
The vote was 97 to 1, with only Senator Harry Reid, Democrat of Nevada, siding with the president.
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