DESPITE WHAT ANA SAID ON LAST NIGHTS SHOW
QATAR NOT A ALLY OF AMERICA BUT A ALLY OF TRUMP AND ISRAEL
This week the U.S. government made its first sale of Venezuelan oil and pocketed $500 million. Would you like to know where that money is being held?
Why Qatar?
For starters, because government accounts in Qatar are controlled by the executive branch and not Congress. Trump is continuing to create his own funding stream for the government² that can operate independently of congressional approval or oversight. He is severing the linkage between the legislature and the purse and attempting to concentrate access to capital in the hands of the executive.
Another reason is that he’s trying to place these moneys beyond the reach of creditors. Venezuela owes tens of billions of dollars to various companies and countries. Trump’s position is that, since he has a navy, none of those creditors can make claims on the money he is now extracting from Venezuela. It belongs to him.
Trump said this explicitly last week when the CEO of ConocoPhillips, Ryan Lance, said that since his company was the largest non-sovereign credit holder in Venezuela, it hoped to recoup some of its claims.
Trump responded, “We’re not going to look at what people lost in the past because that was their fault.”
So Trump is putting his America’s money in Qatar, where courts can’t touch it. Kind of like a drug dealer stashing his funds in the Caymans.