Economic Crisis Hits Dubai

While the United States economy is in turmoil, and our government is handing out billions of taxpayer dollars to financial institutions, it is a slap in the face that Citigroup would send $8 Billion dollars (of our money) to the government of Dubai.
http://www.govexec.com/dailyfed/0309/031109rb1.htm

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Category:

News & Politics

Tags:

• TARP
• economy
• Dubai
• Citigroup
• crisis
• bank
• inflation
• recession
• taxes
• taxpayer
• billion
• export
• stock
• market
• Obama
• fed
• deficit
• Democrat
• Republican

[JoliePrincessKatana]

temples of arrogance & greed built by the most unproductive wealthy society to ever grace this planet- who wants to vacation in a place you can get arrested and beaten for kissing anyway? What goes around comes around., the largest sponsors of extremist Islam, home of 9-11 bombers paid for by these sheiks, deserve to fail, the breeze I feel from the schadenfreud is so pleasant to feel on a warm hot day.

[italianchappy]

And why should anyone go there ? Because of the fiscal haeven status ? Go to Monaco, with the french and italian riviera, wonderful climate, the sea and the mountains and you don't risk anything hitting on the hot chicks galore..... WTF do they go in a barren desert with artificial life built on it ??

[Bangsta89]

lol you are mentally  challenged.

[Kurtlane]

Good. But not enough. I wish it'd all collapse and go back into the desert it came from.

The less money for UAE, the less money for terror.

[grumpiking]

right on.

[opusrex]

Whaa, I care less if Dubai fails, I'm PIDDES THat 8 BILLION of our (USA) TARP wnet to them to bail them out!

[Seabass1980]

300years ahead and this will be sand again - filthy oil money

[burntflybog]

five stars.

[Eddanij]

A bankrupted Dubai would be interesting... Each time we talk about the real miracle of the Middle East, israel, actually built on a desert, and try to compare it with what, unfortunately, most Muslems do to their country, pro-Arabs retaliate : oh yes, what about Dubai ? The exception confirming the rule. With oil, anyhow, everything is easier to start with.