Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Ish who wrote (287620)	8/16/2002 6:08:56 PM
From: Srexley	Read Replies (1) \| Respond to of 769670

Why?

To: Ish who wrote (287620)	8/16/2002 8:12:22 PM
From: DuckTapeSunroof	Respond to of 769670

Well, it won't encourage the Saudis to keep their Billions here :)

To: Ish who wrote (287620)	8/16/2002 11:40:15 PM
From: MSI	Respond to of 769670

Truth and transparency are the strongest motivator for investment in the US. The more this suit and other efforts like it uncover bits of what is happening behind the scenes, the stronger the confidence in our investment climate is. If the Saudis pull out, where are they going to go? Anyone receiving $1 trillion in Saudi money will absolutely have to flow much of that back to the US, as the holder of the world's reserve currency and only superpower. If the US refuses Saudi oil, where will it go? They'll have to supply other countries at a lower price to find markets. This will in turn drive out competing oil from non-terrorist countries, which will find their way to US markets. Bottom line: the US Consumer is the most powerful force on the planet, and if allowed accountability and choice of whose investments to take, and whose oil to buy, would change world politics a hell of a lot faster than rogue military adventures. US consumers are victimized by our political/business elite, who like their current profitable backroom deals with enemies like the Saudis, and sell us out every day of the week.