How Libya's Qaddafi Can Fund His War Against The Rebels

The Libyan leader, Col. Muammar el-Qaddafi, arrived at a hotel in Tripoli on Tuesday night. Moises Saman for The New York Times

Hoard Of Cash Lets Qaddafi Extend Fight Against Rebels -- New York Times

WASHINGTON — The Libyan leader Col. Muammar el-Qaddafi has “tens of billions” in cash secretly hidden away in Tripoli, allowing him to prolong his fight against rebel forces despite an international freeze on many of the Libyan government’s assets, according to American and other intelligence officials.

Colonel Qaddafi has control over the huge cash deposits, which have been stored at the Libyan Central Bank and other banks around the Libyan capital in recent years, the officials said.

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Update: Gadhafi Relies On Elite Units And Remnants Of A Robust Military -- Wall Street Journal

My Comment: Money always talks .... and it looks like Gaddafi has a lot of it readily available in order to pay off his supporters and those in his army.

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