Saudi investment in the US
from the
Saudi American Forum
bq. Saudi Arabians have allocated an estimated 60% of their global investments to the United States through passive and direct investments. This commitment has enabled the United States to finance an ongoing trade deficit and produce new economic growth opportunities.
bq. Objections and barriers to Saudi investment in the United States are on the rise. Although
most are baseless and even discriminatory, their impact could be multiplied in the current market environment. Promotion agencies across the globe are maneuvering to attract and keep foreign investment. The Kingdom's own market climate has opened and become highly attractive for Saudi investors. America must eliminate growing impediments to Saudi and other foreign investment in the United States in order to remain competitive.
(emphasis mine)
The Saudi's are pumping money into supporting Wahabbism and Militant Islam. They are masters of Public Relations and have been saying one thing in English for the media and turning around and saying (and doing) something completely different in Arabic.
They are not our friends.
Posted by DaveH at December 9, 2003 9:32 AM