Prince Alwaleed's Investments Message Board

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Strategies & Market Trends : Prince Alwaleed's Investments

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To: tsigprofit who wrote (5)	10/11/2001 11:11:36 PM
From: ~digs	Read Replies (1) of 16

Matt, what are your thoughts regarding the Prince's rejected donation? ------------- AJCongress Commends Giuliani's Rejection of $10 Million Gift From Saudi Prince Who Associated the Attack on the World Trade Center With U.S. Middle East Policy NEW YORK, Oct. 11 /PRNewswire/ -- American Jewish Congress Executive Director Phil Baum issued the following statement today after Mayor Giuliani rejected a $10 million gift from a Saudi Prince who suggested that the attack on the World Trade Center was a result of America's Middle East policy: Mayor Giuliani's response to reject a $10 million gift from Saudi Prince Alwaleed Bin Talal for the World Trade Center relief effort was the only proper response given the Prince's suggestion that America's Middle East policy was responsible for the attack. A gift for the fund for families affected by the tragedy would be welcome from almost any source, and especially from a member of the Saudi Royal Family as proof that the Saudis, along with the rest of the world, unequivocally regard the attack upon the United States as reprehensible and morally insupportable. It would indeed have been an admirable act of compassion had the gift been presented in a manner which conveyed the view that the attack on the World Trade Center and the people of this country was unconscionable; that it could not be justified, explained away or condoned for any reason whatever, and that the money was intended only to express a sense of fellowship and support for the people of this city and the victims of the World Trade Center tragedy. Unfortunately, that was not to be. Instead, the gift was accompanied by a price tag which exceeded even the substantial dollar sum the Prince proposed to donate. Prince Talal did not make his gift expressly contingent upon change in American foreign policy. But the inescapable inference arising from the statement accompanying his gift is that at the very least he hoped that his act would induce the United States to ``reexamine its positions in the Middle East'' -- another way of saying that it reduce its support for the State of Israel. One might have supposed that the Prince would know that American foreign policy cannot be purchased so cheaply, and that America's moral commitment to Israel cannot be swayed by this deployment of this wealth. In any event, if he did not know then, Mayor Giuliani's action makes it unmistakably clear now. biz.yahoo.com

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