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RE: Moubarak wealth - 2/15/2011 2:12:08 AM

Politesub53

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quote:

ORIGINAL: DCWoody

"he was not fucking rich before becoming a dictator"

Check your facts dude.

From what I have read he made most of his money from kickbacks while in the Airforce. He had the task of rebuilding the Egyptian airforce in the 70s. Kickbacks in the arms trade are all too familiar, just ask BAE.

(in reply to DCWoody)

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Post #: 41

RE: Mubarak wealth - 2/15/2011 2:16:57 AM

Politesub53

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Joined: 5/7/2007
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quote:

ORIGINAL: hlen5

Every foreign company that operates in Egypt has to have an Egyptian partner and give them a 40% stake in the business.

Not to be picky hlen but I read it was 51%, This is important as it would give the Egyptian partner the overall control.

(in reply to hlen5)

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Post #: 42

RE: Moubarak wealth - 2/15/2011 2:18:12 AM

Politesub53

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quote:

ORIGINAL: servantforuse

Panda just had to bring up Halliburton..That's kind of a stretch, don't you think ?

Only for you.

The theft of public funds is still theft, just on a lesser scale.

(in reply to servantforuse)

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Post #: 43

RE: Moubarak wealth - 2/15/2011 2:31:39 AM

JohnWarren

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quote:

ORIGINAL: pahunkboy

Why? he worked hard and saved his pennies.

Google "Little Tin Box" and watch the video

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Post #: 44

RE: Mubarak wealth - 2/15/2011 2:34:09 AM

JohnWarren

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quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: hlen5

Every foreign company that operates in Egypt has to have an Egyptian partner and give them a 40% stake in the business.

Not to be picky hlen but I read it was 51%, This is important as it would give the Egyptian partner the overall control.

Actually, this isn't unusual. Grand Cayman has the same law.

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(in reply to Politesub53)

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Post #: 45

RE: Mubarak wealth - 2/15/2011 6:35:19 AM

DarkSteven

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quote:

ORIGINAL: JohnWarren

Actually, this isn't unusual. Grand Cayman has the same law.

Mexico used to as well. Dunno if it's still on the books.

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Post #: 46

RE: Mubarak wealth - 2/15/2011 8:38:06 AM

hlen5

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quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: hlen5

Every foreign company that operates in Egypt has to have an Egyptian partner and give them a 40% stake in the business.

Not to be picky hlen but I read it was 51%, This is important as it would give the Egyptian partner the overall control.

Pick away!!

I got that number from a native Egyptian who no longer lives there.

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Post #: 47

RE: Mubarak wealth - 2/15/2011 9:51:05 AM

tazzygirl

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Joined: 10/12/2007
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I received this, and thought I would share it for comments. As I dont know much about what is going on in Egypt and Murbarak, Im reading what is posted and trying to catch up on it all.

quote:

I read your Mubarak post and can not participate in the message boards but what you did not mention is that your government kept Mubarak in the saddle and his wealth is paid by your taxes. The Dutch media named this several times. This means Obama and those before him are worse than Mubarak.

I mentioned what the article mentioned. I offered the article up for thoughts and opinions. They are not my opinions.

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Post #: 48