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Blackstone, Saudi's PIF plan $40 bln infrastructure investment fund (Many US jobs involved)
Reuters ^ | May 20, 2017

Posted on 05/20/2017 3:04:54 PM PDT by 2ndDivisionVet

U.S. private equity firm Blackstone and Saudi Arabia's main sovereign wealth fund said on Saturday they planned to create a $40 billion vehicle to invest in infrastructure projects, mainly in the United States.

Blackstone and the Public Investment Fund (PIF) signed a non-binding memorandum of understanding for the project, which will depend on further negotiations.

The proposed venture was announced during the visit to Riyadh of President Donald Trump, who has said he wants to rebuild crumbling U.S. infrastructure....

(Excerpt) Read more at in.reuters.com ...


TOPICS: Business/Economy; Government
KEYWORDS: arabia; blackstone; ccp; china; infrastructure; jobs; jobsjobsjobs; second100days; trump; trumpvisit; winning

1 posted on 05/20/2017 3:04:55 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

It seems like they are buying us off and I thought so from when I first heard about this. C’est La Vie, that’s life in the 21st century.


2 posted on 05/20/2017 3:15:00 PM PDT by BeadCounter (Trump; most pro-life president ever.)
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To: 2ndDivisionVet

I don’t want their money here.


3 posted on 05/20/2017 3:38:14 PM PDT by wastedyears (Prophecy of sky Gods, the sun and moon)
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To: wastedyears

How about a purple state conditioned on a 2018 Senate pick up?


4 posted on 05/20/2017 3:42:51 PM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: 2ndDivisionVet

So now we are going to be paying tolls to the Saudis to drive on our highways?


5 posted on 05/20/2017 3:47:22 PM PDT by oincobx
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To: 2ndDivisionVet

So now we are going to be paying tolls to the Saudis to drive on our highways?


6 posted on 05/20/2017 3:47:24 PM PDT by oincobx
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To: 2ndDivisionVet

Since we are only 20 trillion in debt, a little SA investment money can’t hurt.

We need investment to rebuild our crumbling nation, I’d rather have the Saudi make an investment than Borrow the money or raise taxes...


7 posted on 05/20/2017 3:59:56 PM PDT by Popman
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To: 2ndDivisionVet

Hmmmm, sure am glad I bought BX last month.


8 posted on 05/20/2017 4:13:48 PM PDT by BradtotheBone (Record number of people on welfare. That's the State of the Union under Obama.)
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To: 2ndDivisionVet

they’ve already purchased our federal government
so why not our stinking highways too?

actually, I am opposed to any involvement with the vicious Saudi Arabian Islamic dictatorship

let the Arabs get a decent government first and then we can talk about selling them our highways maybe

meanwhile, NO MORE WEAPONS to the hate-filled, dangerous Saudi regime that’s currently in power there.


9 posted on 05/20/2017 5:32:01 PM PDT by faithhopecharity ("Politicans are not born, they're excreted." -- Marcus Tillius Cicero)
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