Incoming!

by Karl Denninger
Market-Ticker.org

The Senate has voted overwhelmingly to override President Obama’s veto of the state-accountability terrorism bill (which will permit holding nations accountable, in court, for terrorist incidents they help fund or support.)

It now heads to The House where it will almost-certainly also pass overwhelmingly, and become law.

Saudi Arabia has issued a number of threats related to this legislation.

May Saudi Arabia take it up the cornhole; it’s not like their government officials and connected persons don’t have assets over here that can be seized to satisfy judgments, say much less the simple way to do so: Seize their “book form” Treasuries and transfer them to the winners in the sure-to-be-filed court cases.

It’s about damn time.

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