Libya rebels seek billions from West

[dipsydoodle]

Source: Reuters Africa Tue May 3, 2011 11:10am GMT

TRIPOLI (Reuters) - Forces loyal to Muammar Gaddafi attacked rebel areas of Libya's Western Mountains while insurgents moved to secure billions of dollars to feed and supply their territories and drive their military campaign.

Ali Tarhouni, head of the rebel national council's finance committee, said on Tuesday he expected France, Italy and the United States to extend credit secured against frozen Libyan state assets. Money should arrive in a week to ten days.

"I need about $2-3 billion and we are hoping to get most or all of this," Tarhouni told reporters in the eastern rebel stronghold of Benghazi.

Read more: http://af.reuters.com/article/topNews/idAFJOE74201M20110503

[joshcryer]

1. Good.

[leftynyc]

2. First I want

to know who these rebels are. We can't just hand over the money to people with no assurances that radicals aren't going to get their hands on it.

[JustABozoOnThisBus]

3. Why? We give billions to Pakistan without knowing ...

... if the money is going to radicals.

This is just one more war, one more money drain.

Besides, the rebel leaders need to start building their retirement funds.

[leftynyc]

6. You made my point

Pakistan is the major reason I want to know where the money is going.

[cstanleytech]

9. Agreed, something like that or

even worse a new Taliban like government taking power would be horrible for the people in that region.

[Hannah Bell]

32. don't know about "the rebels" but the guy that's asking for the money lived in the us

from 1973 to 2011 and has been a prof at the university of washington since 1985. business school.

[xchrom]

4. Maybe china will underwrite them. We're broke. Or so I've been told. Nt

[jakeXT]

5. That would make no sense, with this war they lost investments and had to rescue over 30k workers

from Libya.

[xchrom]

7. i'm not being entirely serious. nt

[Marblehead]

8. That money would help here at home

more.

[Lasher]

10. But it's to be borrowed against frozen Libyan assets, so it's sort of their money, right?

We give them money and we keep the assets I guess.

[Marblehead]

14. who's we

[Lasher]

15. We, the USA.

[JustABozoOnThisBus]

16. Only if the rebels win

If the rebels lose, Qaddafi's assets probably unfreeze, and any rebel loans are a separate matter.

It's not the rebels' assets to borrow against.

[Lasher]

23. OK that makes sense.

Then I'm against loaning them money.

[joshcryer]

25. It's the Libyans assets and the rebels represent 20%+ of the entire population of Libya.

That's in liberated areas.

Given that the slush fund is in the hundreds of billions, it cannot hurt to loan them this pitiful amount.

[joshcryer]

26. Correct. Gaddafi was a *heavy* investor in the west. He was no "anti-imperialist."

He saw where the money was and put it there after normalizing relations.

[Poll_Blind]

11. No. Get it from Italy & France. KTHXCHE'

PB

[joshcryer]

27. The US and Britian and the Swiss were their biggest investors.

I suppose the US can just keep the money... like Billy Carter did... :rofl:

[msongs]

12. the truth comes out - all you need is cash from somebody else's paycheck nt

[Upton]

13. Lets take care of American citizens

screw these so called rebels. They not only want us to fight their war for them, but they want to get paid too...what a racket.

[Cerridwen]

17. Is it too late to fix your link and title?

Your link goes to "Libyan refugees flee fighting by land and sea"

The article I think you wanted was Libyan rebels seek $2-3 bln in foreign loans

[dipsydoodle]

18. Thanks - Reuters changed their header for that page.

Does still refer the the subject though. Thanks for the other link too.

:hi:

[Cerridwen]

20. I figured. I've had it happen to me before that's why I made sure

to include the updated link. I've seen article titles do a complete 180 as to meaning. It's the fine line you walk to have latest. LOL

[Cerridwen]

21. How weird is that? I made point of checking the time on your post

before I replied; I saw that you had 10-15 minutes in the 1 hour edit window. Then after my 2nd reply to you, your post time is almost 3 hours earlier than I had seen it. Too strange. I guess my PC took a while to sync up with DU.

Weird that.

[Doctor_J]

19. Will our government give us money to overthrow our own

corrupt regime(s)? I should apply for a grant for money to remove Snyder from office.

[joshcryer]

28. Violent overthrow is illegal in all states.

The question is whether or not you can form alliances after you get the thing started. :hi:

The rebels managed to do it, even though they know that the imperialists just want better oil deals (they've said as much, they don't care, their revolution didn't go like Tunisia or Egypt). :)

[JayceR]

22. This is fucking pointless

I don't mean to sound like a RW douchebag, but Obama stated almost no clear purpose or objective for our involvement in this civil war. We're supposedly helping the unorganized "Rebels"... who may or may not be the same Islamic Fundamentalists spread throughout every other theocracy across the Middle East. I gather that this is a special interest thing for the U.N. and Europe's oil companies. Gaddafi is a jerk, but he has compromised with us at times (For example, a few years ago, he held back progress on his Nuclear Program at our request). Perhaps there's some other purpose of this war that they're not telling us about... but I don't want to sound like a conspiracy nut.

[Baclava]

24. What happens when we win an oil war? Do we get oil out of this deal?

Oil for arms?

Call me

[Fool Count]

29. What a great scam. Let's say there are two thousand

of them to safely cover both political leadership and fighters in the field. Two billion dollars split evenly will be like $1 million a head.
Not bad for the kind of job they do. I bet Qaddafi would give them twice the amount to just go away. Here is your solution to the
problem.

[EFerrari]

30. They better get it up front!

:)

[pinniped]

31. Your money will arrive a week to ten days from now on Blackhawk helicopters.

Each helicopter will carry one pallet, each containing 500 million US dollars in unmarked bills. There will be a total of six pallets made available to you. Please disperse the money as you see fit.