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Saturday, October 22, 2011

Gaddafi stashed as much as $200 billion outside Libya. Jeremiah Wright and Louis Farrakhan hardest hit.

Aren't despotic tyrants awesome?

Moammar Kadafi secretly salted away more than $200 billion in bank accounts, real estate and corporate investments around the world before he was killed, about $30,000 for every Libyan citizen and double the amount that Western governments previously had suspected, according to senior Libyan officials.

The new estimates of the deposed dictator's hidden cash, gold reserves and investments are "staggering," one person who has studied detailed records of the asset search said Friday. "No one truly appreciated the scope of it."

If the values prove accurate, Kadafi will go down in history as one of the most rapacious as well as one of the most bizarre world leaders, on a scale with the late Mobutu Sese Seko in Zaire or the late Ferdinand Marcos in the Philippines.

Kadafi's death after he was captured Thursday outside his birthplace, the coastal town of Surt, not only all but ended the armed uprising that erupted in February. Revelation of the stunning size of the portfolio may stir anger among Libya's 6.5 million people — about one-third of whom live in poverty.

You can't help but think that President Obama's "spiritual mentor", Reverend Jeremiah Wright Jr., is privately mourning Gaddafi's death.

After all, Wright and his spiritual mentor -- Louis Farrakhan -- visited Gaddafi in 1984.


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