SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : War -- Ignore unavailable to you. Want to Upgrade?


To: Elmer Flugum who wrote (8867)11/16/2001 6:58:30 PM
From: Nadine Carroll  Read Replies (1) | Respond to of 23908
 
In short, Israel is our colony and it's status is different than that of Third World Nations.

What a load of horse puckey! The US didn't even begin to subsidize Israel until the USSR began subsidizing Nasser in a big way; both Israel and the Arabs then became cold war proxies. BTW, we send Egypt $2 Billion a year, are they our colony too?

The Arab world lacks the infrastructure that Israel has. Because the West has been discriminating against the Arab world, they do not get the Corporate subsidiaries.

Say WHAT? We've been shoveling petrodollars to them hand over fist for fifty years. Our corporations have been in bed with Saudi Arabia and the oil producers since day one... Exxon, Chevron, Bechtel, you name it. Are you seriously trying to convice me that Saudi Arabia lacks the infrastructure that Israel has due to Western discrimination? Please don't insult my intelligence.

Face it, len, the Arab states don't have the same infrastructure because they have badly failed to modernize their economic and political systems. They tried Socialism, they tried Pan-Arabism, they tried state-sponsored mullahism; it didn't work. Lately they've tried blame-everything-on-the-Jews-and-America-ism; but that game hit a snag on September 11th.

Just because the Arabs treat themselves as victims of the rest of the world, YOU shouldn't buy it. Treat them as grown people who should be responsible for themselves.



To: Elmer Flugum who wrote (8867)11/17/2001 9:11:12 PM
From: chalu2  Read Replies (1) | Respond to of 23908
 
>>Because the West has been discriminating against the Arab world, they do not get the Corporate subsidiaries.<<

Why don't they open up their own corporations and compete with those of the rest of the world? Why do they need American or European subsidiaries located there to "colonialize" them? You can't tell me they don't have "seed" capital -where does all that oil wealth go? Ever hear of Nokia? That's a little company in Finland the stock market believes to be worth $117 billion. Why can't the Arab world build a Nokia, if little Finland can?

By the way, Saudi Arabia, an Arab country which boasts both Mecca and Medina, does not share your view that U.S. trade and investment is lacking in the country:

The bilateral trading relationship between the United States and Saudi Arabia remains a friendly and successful one, as trade between the two nations again remained strong in 1999. The U.S. is Saudi Arabia’s largest trading partner. While oil continues to be the top Saudi export to the United States, the United States has made significant gains in the Saudi market over the years with an impressive number of joint ventures and an expanding volume of exports. U.S. exports to the Kingdom include such products as automobiles, computers, engineering goods and machinery, and agricultural products. The U.S. is the leading supplier of imports into the Saudi market. According to the U.S. Census Bureau, U.S. exports to Saudi Arabia were close to $8 billion in 1999. U.S. imports from Saudi Arabia were $8.2 billion in 1999, compared to 6.3 billion in 1998.

us-saudi-business.org Trade