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To: cloudmountain

For those of us not “in the know” of insider jargon, does your “K.S.A.” refer to the Kingdom of Saudi Arabia?

I assume it has no relation to anything in Iron.


23 posted on 06/27/2020 9:21:15 AM PDT by BwanaNdege ( Experience is the best teacher, but if you can accept it 2nd hand, the tuition is less!)
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To: BwanaNdege
For those of us not “in the know” of insider jargon, does your “K.S.A.” refer to the Kingdom of Saudi Arabia?
I assume it has no relation to anything in Iron.

Yes, that's it.
The K.S.A. is this country's only friend in that part of the world. The gigantic petroleum company was ARAMCO, the Arabian-American Oil Company, founded in the 1920's by four big American oil companies...nothing whatsoever to do with our own government.
By the early 1980's the King of Saudi Arabia BOUGHT back and bought out ARAMCO. The king in the 1920's had sold his country's petroleum and natural gas wells to the four big American oil companies. Now, the name of the company is Saudi Aramco and owned 100% by King Mohammed bin Salman.
The King had BOUGHT the companies so the wealthy Saudi families wouldn't fight over it.
American engineers still work there. Saudi Aramco pays the American engineers a TON of money to work and live in the K.S.A.
American engineers pay NO federal income tax on the first $80K they earn over there. THAT is the "carrot" the company offers them to live over there. Also, Americans pay no state income tax if their state has it.

My husband and I were there for five long years. We made a TON of $$$ and we had the opportunity to travel all over the world.
We went to places that we KNEW we would never see when we returned home: Egypt (twice), Kenya, China, India, most of southeast Asia...lots of countries.

My husband called that experience an "adventure of a lifetime" for us. He was right.

No relation to IRON...huh?

59 posted on 06/27/2020 4:59:16 PM PDT by cloudmountain
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