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Saturday, April 16, 2011

postheadericon What the discovery of a record haul in Libyan assets portends for the U.S.

There’s something distinctly fishy about the Treasury Department’s lightning-fast and allegedly “surprise” discovery of over $30 billion in Libyan government assets stored in U.S. banks. The Obama administration has lauded this as a major and unexpected victory in its effort to dislodge the Gadhafi regime. That may be so, but the implications of such a large deposit by Libya have deeper and far more disturbing implications. Could Libya have been in the process of purchasing a major stake in America’s critical infrastructure?

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