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Prince Alwaleed bin Talal interview
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FINCEN
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Joined: 08 Mar 2006
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PostPosted: Fri Mar 09, 2012 2:52 pm    Post subject: Prince Alwaleed bin Talal interview Reply with quote



        I don't always drink beer but when I do I drink Dos Equis.



A recent Forbes interview with Saudi financier Prince Alwaleed bin Talal highlighted his partnership 'with the Bin Ladin Group' in the construction of the world's tallest building. The Kingdom Tower is a $1.2 billion project on which construction began last month. The Prince also blamed the Bush and Obama administrations for failing to recognize Iran and stated his belief that negotiations with the country have not been a priority for President Obama. As a prime investor in the U.S., Alwaleed's commentary is interesting from an economic and political standpoint especially his viewpoint that the "political anarchy... political polarization... has really become a mockery..." He went on to say "they need to put aside the bickering and go back to the basics of running the nation in a uniform manner." He also expressed an optimism in regard to the future of the United States saying that though down, the U.S., is not out "provided the political systems stops being broken."
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beemoe
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Joined: 07 May 2006
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PostPosted: Tue Mar 13, 2012 4:00 am    Post subject: Beemoe Reply with quote

The last comment is interesting. I think he`s saying that the two party system is broken.

PS: What did you think about Hezbollah`s standoff with Israel a few years back?
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FINCEN
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Joined: 08 Mar 2006
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PostPosted: Wed Mar 14, 2012 12:02 am    Post subject: Alwaleed bin Talal comments expanded on US politics... Reply with quote

Quote:
Forbes: What do you think about the American political situation, particularly as one of the biggest investors in the country? You spoke recently about the political economic mess the U.S. has gotten itself into.

Prince Alwaleed: I read [Thomas Friedman’s] book called, “What Went Wrong,” and it talks about Islam’s Arabs. Frankly speaking, a book should be written about the United States, “What Went Wrong?” With all the strength, the power, the leadership the United States has economically, financially, administrative and politically. With the dollar still being the reserve currency of the whole world, United States is still great. But the political anarchy, the political polarization that you have in the United States right now, has really become a mockery, frankly speaking. We have the Democrats who just want to get Republicans. The Republicans want to get Democrats. It never used to happen before. We had Reagan had a Democratic congress. Clinton had a Republican congress. And they clicked well together.

I remember, Reagan had “Tip” O’Neill, if I remember well. And Clinton had Gingrich. And they use to click well and they use to have agreements. And bipartisanship. You have huge challenges politically, economically, financially. Look at the twin deficits you have right now, especially the budget deficit. It’s going to equal the GDP, which is a very dangerous thing.

There are solutions for that matter if they put aside all the bickering and go back to the basics of running the nation in a uniform manner. I think the United States is down, but not out, provided that the political system stops being broken.


Here is the complete quotation as it appeared in the recent Forbes magazine article. As for Hezbollah's standoff with Israel, I honestly feel as though the entire situation is so convoluted that none of the moves and alliances are what they seem to be. If you look at the effects of each of these incidents in the short term you get one picture, however if you look at them from a distance you start to see an entire separate image. Kind of like this whole Arab spring phenomenon. Is it truly an ideological change or is simply the centralization of power? In essence old wine packaged in new skins?
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