Huckabee: America Enslaved to Saudi Oil

AP ^ | Nov 25, 2:59 PM (ET)

[gondramB]

>>”The only consolation is that he’s helping Guiliani look more beatable.”

---

I have at least as much of a problem Huckabee as I do with Guilani, so that is not much of a consolation.<<

Hey, I am trying to be positive.

Guiliani in first with Fred, Mitt and Mike close on his heels is better than Guiliani looking invincible.

[thackney]

He is from Alaska? And Hope, AK is a darn small town. As of the 2000 census the population was 137.

[thackney]

We haven’t imported more oil per year from Venezuela compared to Saudi Arabia since 1999. It was 1985 the last time we imported more from Nigeria than Saudi Arabia; the mid 70’s before that.

[aruanan]

We haven’t imported more oil per year from Venezuela compared to Saudi Arabia since 1999. It was 1985 the last time we imported more from Nigeria than Saudi Arabia; the mid 70’s before that.

It was a recent reference and was from the U.S. Dept. of Energy.

[Dr. Frank fan]

And burning up our food supply while failing [to] drill and develop coal and nuclear is not getting us anywhere.

I agree! But is Huckabee actually talking about drilling, and coal, and nuclear?

[gondramB]

>>And burning up our food supply while failing [to] drill and develop coal and nuclear is not getting us anywhere.

---

I agree! But is Huckabee actually talking about drilling, and coal, and nuclear?<<

Oddly enough, his proposal seems to be a bit short on details.

[Clintonfatigued]

Fred Thompson said it best- Mike Huckabee is a pro-life liberal. I once thought he might be a good Vice Presidential running mate, but his record as Governor makes that a bad idea.

[BillyBoy]

sand88
Since Feb 26, 2007

Interesting. Everytime I spot a "Huckabee's commie illegal-alien, tax-hiking, nanny-state record shows he is an eeeeeeeeevil socialist marxist pro-life Democrat and I'd vote for Hillary over him", the poster spewing such vitirol signed up AFTER Huckabee left office.

Unfortunately for all you guys who feel the need to lie about the Huckster in order to help Frudy McRomneyson, a quick search engine check will show Huckabee was wildly popular with freepers back when he was actually IN office and nobody on FR lifted a finger to complain about what an evil socialist he was.

Makes ya wonder why, doesn't it?

[BillyBoy]

>> I once thought he might be a good Vice Presidential running mate, but his record as Governor makes that a bad idea. <<

Ah. You also "discovered" Huckabee's evil liberal "record" AFTER he left office. Amazing how none of us on FR realized whan an evil bastard he was at the time, eh?

Kinda like we have all the Dems to "enlighten" us about Bush "lied" about WMDs regardless of what they said from 1997-2003.

[BillyBoy]

>> What is it with conservatives falling for this guy? << <<

Governor Mike Huckabee (left) and the Capitol Offense Band, hosts of the The FreeRepublic.com Inaugural Ball, a rousing success for 61 million Americans in 2005.

Once Again, a Little Rock From Arkansas [Gov Huckabee and the FR Inaugural Ball]
Washington Post ^ | Sunday, January 16, 2005 | Richard Leiby
Posted on 01/17/2005 4:10:05 PM CST by Jim Robinson
http://www.freerepublic.com/focus/f-news/13226841322684/posts

He’s a Preacher! He’s From Hope! (Gov. Huckabee, Free Republic W2 Inaugural Ball article)
Washingtonian Online - Capital Comment ^ | January 2005 | SUZI PARKER
Posted on 01/02/2005 9:02:42 PM CST by tgslTakoma
http://www.freerepublic.com/focus/f-news/13127031322684/posts

ANNOUNCING THE FREE REPUBLIC W2 INAUGURAL BALL, FEATURING GOV HUCKABEE AND CAPITOL OFFENSE
Free Republic W2 Inaugural Ball ^
Posted on 01/18/2005 1:18:17 PM CST by Jim Robinson. [history]
http://www.freerepublic.com/focus/f-news/12922461322684/posts

==========================================

New to FR, eh?

[af_vet_rr]

Huckabee actually has a good point on this.

There's always a first time! I've never been comfortable with us calling the Saudis "our friends" - I was there before and during Desert Storm and the crap we had to put up with - not publicly displaying any sign of Christianity, etc., etc., it was ridiculous that a "friend" treated us like that.

[thinking]

updated 12:10 a.m. MT, Tues., Nov. 27, 2007

China’s global quest to secure uranium supplies received a boost on Monday when Areva, the French nuclear company, agreed to supply African uranium for at least the next 14 years.

Areva will also build, operate and supply two nuclear reactors in the southern province of Guangdong.

The €8bn ($12bn) deal with state-owned China Guangdong Nuclear Power Corp, the biggest commercial nuclear power contract on record, included at least 23,000 tonnes of uranium on top of an annual supply of about 600 tonnes to the two reactors, both of which had previously been announced.

Areva also agreed to establish an engineering joint venture to transfer technology to CGNPC and work on other reactors in China.

The deal was signed in Beijing in front of Nicolas Sarkozy, the French president, and Hu Jintao, his Chinese counterpart.

With its ambitious plans to build dozens of reactors and more than double nuclear power capacity in the next 12 years, China is the fastest-growing uranium consumer in the world.

However, its domestic uranium deposits are declining, forcing Beijing to look abroad to secure future supply in an already stretched market.

Under the deal CGNPC agreed to buy 35 per cent of the uranium production of UraMin, a Canadian mining company with uranium deposits in South Africa, Namibia and Central African Republic, which Areva bought in September for $2.5bn.

UraMin has estimated uranium reserves of about 65,000 tonnes but Areva is looking for new mining opportunities and the company’s eventual output could be much larger.

“The Chinese were very keen to secure uranium supply and were happy to agree to buy 35 per cent of whatever UraMin produces,” said a person close to the deal.

CGNPC agreed to pay a small discount to the future market price for uranium.

The agreement lasts until 2022 but the two sides could easily extend it, said Anne Lauvergeon, chairman and CEO of Areva Group.

Areva said its deal was “unprecedented in the world nuclear market” and marked the start of global co-operation with CGNPC, which will help build the plant in China’s southern manufacturing hub.

Ms Lauvergeon said the company planned to double its production of uranium to meet demand from the “several hundred” reactors it expects will be built around the world in the next decade.

CGNPC and state-owned China National Nuclear Corp, the country’s other large atomic group, are in the process of negotiating a deal to take a stake in a uranium miner in Kazakhstan in return for an equity stake in unspecified Chinese nuclear facilities, according to the president of Kazatomprom, the Kazakh state-owned nuclear power company.

Kazakhstan plans to more than double its uranium output by 2010, overtaking Canada and Australia, which also supplies large quantities of uranium to China, to become the world’s biggest production

[sand88]

Unfortunately for all you guys who feel the need to lie about the Huckster

what relevance does it have when I signed up? Lie about Huck? Are you kidding? His record is out there for everyone to see. Huck is an absolute fraud. He is a rabid tax hiker, he has shown very little understanding or respect for the Constitution. His entire race is about his big ego, backed by smooth rhetoric. Huck has rightfully come under the spotlight because of the fact he is running for President. Someone else summed up Huck best -- he is a pro-life Liberal. Huck should make any true conservative feel repulsed. Liberty is too precious to allow the Rudy, Mitt and Huck and other Statist to win the Republican nomination.

Huck's record on illegal immigration, taxes, and spending would make any liberal be happy.

[KeyLargo]

WSJ.com OpinionJournal

“No one favors open capital markets more than we do, and foreign investment is a crucial part of American economic success. But since 9/11, commercial calculations must also consider national security. We’d feel better if this deal were inspected by U.S. officials, and we especially agree with Mr. Morgenthau when he says, “It’s a sad day for American financial markets when you’ve got to turn to Abu Dhabi to get bailed out.”

REVIEW & OUTLOOK
Citi of Arabia
Abu Dhabi takes Manhattan—and Washington, too?

Thursday, November 29, 2007 12:01 a.m.

Investors seem delighted that Abu Dhabi is injecting $7.5 billion into Citigroup, bidding up stocks in general on new confidence that the mortgage solvency crisis might ease. We hate to spoil the party, but it strikes us as unfortunate, if not a tragedy, that America’s largest bank had to go hat in hand to Arab sheiks because of bad management and blundering U.S. monetary policy.

The Citi play is being spun as a master-stroke by Robert Rubin, the chairman of the bank’s executive committee. The bank gets a capital infusion without having to cut its dividend, and gives up only a minority stake while Abu Dhabi gets no seat on the board. Even better from a political point of view, Abu Dhabi will be able to convert shares for no more than a 4.9% stake, which comes in just below the 5% level that requires approval by the Federal Reserve. Mr. Rubin even seems to have greased the skids on Capitol Hill, with New York Senator Chuck Schumer already forgetting his campaign against Dubai Ports World.

Citigroup did have to shore up its balance sheet, and we suppose petrodollars are a better source of capital than U.S. taxpayers under a “too big to fail” doctrine. On the other hand, where were Mr. Rubin and the bank board when Citi was betting so much on subprime? Given the 11% the bank is paying Abu Dhabi, Citigroup’s other equity holders might also be better off down the road had they taken a dividend cut instead.

Most important, no one should be under any illusions that Abu Dhabi’s investment is a normal commercial transaction. It comes from a sovereign wealth fund controlled by a foreign government, which has political as much as business interests; from an Arab government that has a troubling history with American banking laws; and it offers a Middle Eastern entree into the U.S. financial system that since 9/11 plays a pivotal role in the war on terror.

Readers of these columns might recall in particular Abu Dhabi’s adventures in Beltway banking. It was Sheik Zayed, the father of the current ruler of Abu Dhabi, who owned the infamous Bank of Credit and Commerce International, or BCCI, whose fraudulent tentacles spanned the globe, including the highest levels of Washington politics a decade and a half ago.

The current emir, Sheik Khalifa bin Zayed al Nahyan, is not his father—who always maintained that he was a victim of the BCCI fraud himself. And Robert Morgenthau, the Manhattan District Attorney who investigated BCCI, tells us that Abu Dhabi “has been responsible” since BCCI.

On the other hand, the bank was forced to settle for hundreds of millions of dollars after lying to evade American banking laws. Mr. Morgenthau also recounted that the elder Sheik Zayed once called to inform the State Department that, if Mr. Morgenthau indicted anyone in the royal family over the scandal, he would pull his billions out of the U.S. and make no further investments here.
..............

Excerpt

http://www.opinionjournal.com/editorial/feature.html

[gondramB]

Interesting article - thank you.

[Tlaloc]

bump to the top!