Please, please, please let these idiots in the House of Saud execute this harebrained scheme to sell 750 billion in US assets!
Saudis threaten to sell $750 billion US assets if Congress passes bill that would let 9/11 victims sue Saudi Arabia
Cut the House of Saud loose, and let them swing. They are the enemy within Islam, and the real sponsors of Islamic fundamentalism/terrorism.
Let the victims of 9/1 sue the House of Saud directly, nay, build a superhighway to help the victims sue the House of Saud.
Only Obama can screw this up, and with his track record, I suspect that there is a better than 50/50 chance he will.
The House of Saud needs the security of US assets more than the US needs their money. We will be fine regardless of what Saud does. They, however, are in a world of hurt, fighting a losing battle with Iran, and faced with an economy nearly completely dependent upon oil, which is ready to plumb new lows.
Now that we have the threat in hand, we should summarily cut off any further military assistance, and access to any further military hardware, including supplies for repairs, and any US training. On the State Department side we should highly limit and any further visas both in duration (no more than 2 weeks) and in number (a few hundred per year max). The House of Saud is a cancerous evil, and massive human rights violator, we need to deal with them seriously.
The hegemon must address threats quickly, and forcefully.