something doesn't mix. >> i think the saudi royal family probably has box seats to all the washingtonskins games this year at this point in time. look, i'm a cynic, i believe bernanke 50-some odd days before the election printing money to get the markets higher, i think something's giving here. i've never seen the saudi want oil prices lower and all of a sudden, produce more to get it lower-- >> and a couple of weeks ago, mitt romney was talking about making us energy independent completely in eight or ten years and i'm hearing that, well, maybe we don't want that guy in. >> first of all, the saudis, often do pump more oil to lower prices they want to keep it as a stable price that's not going to bring on worldwide recession, that's happened. >> neil: you see nothing sinister? >> i see nothing sinister. but may i add, governor romney saying we're going to be energy sufficient, independent in ten years, boy have i heard that before and smooth line. >> i don't buy the bernanke conspiracy theory. but this isn't a conspiracy theory that saudis would like obama to stay in office. >> so wou

meanwhile, now the boot, something that the saudis are doing that could push the oil prices down andaybe pump the president up. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >> coming up. with 45 days until the election, is the sheik about to hit the fan. >> you remember this, president obama bowing to the saudi king back in 2009. now some critics are beginning to wonder behind the saudi's decision to bow to us, to pump more oil for us, less than two months before the election? >> can you talk a little about what types of negotiations or discussions happened between the white house or the u.s. officials and saudi of

>> uh, no, no. >> he says the u.s. is saudinumber one customer, and the question is, what will aramco do to keep it that way? one thing is discourage the move toward electric cars by trying to alleviate our concerns about the environment. they showed us their new $4 million experimental combustion engine, which they hope will increase gas mileage while it lowers co2 emissions. >> what we want to see is that there is an emphasis on also making this oil greener and making the fossil fuels in general greener, because they're gonna be with us for the long haul. >> let me be blunt, okay? and ask you to be candid. is it aramco's hope to prevent a switch away from oil? somebody said the country is the oil business. i mean, you absolutely need to do this for your own survival. >> and what's wrong with that? >> well, i didn't say anything was wrong with it, but it's a fact. you'd admit it's a fact. >> yeah, we admit a fact that, yes, this is--we depend on the oil industry. we want it to help us, you know, to develop our economy and to d

the mufti of saudi arabia came out with an equal statement about the issue and if you look at the saudi press you will find the whole articles about the inviolability of diplomatic life and representation throughout. but the problem here is that either a double standard or a misrepresentation that what happened in libya, for example against the american ambassador which was a track i can loss is representative of the muslim world most libyans has i read in american newspapers have condemned. and leaderships in count rise like saudi arabia and other places have also condemned the violence that was used. and as i said in the press in the arab world and particularly in saudi arabia many, many expressions of opposition to that kind of... >> rose: so what do we need to do? >> i think we need people like you and others who have this kind of forum to engage more not with officials but with people who want to hold official positions. i think universities have a great deal to do in the curriculum and in the teaching of tolerance. i i said, king abdullah now is establishing for and intermuslim di

but the saudis and the ua and hurt less.n many ways, i am not optimistic that this would be blocked. if they were, it might only be $100 a barrel to $300 a barrel, instead of 500. [laughter] but it is still quite a difficult situation. so, what we are seeing here, a little bit of tension at the kuwait level. some tension between kuwait and iran on some of the offshore fields. the iranian and the kuwaitis are claiming the same field. there is some tension also between katar and ir ifan. -- and iran. it is true, they are using the huge gas field. and they are using this to make the average capacity of 77 million per year. they also now -- i forgot to the amount, i think it i1.5 million barrels per day of gas to liquid. they have a very large fertilizer plant. they also make aluminum. using energy from the gas. they are using this. the iranians are climbing that this could create migration of their gas, which is not being used, into katar. which is unlikely in the next six months, but over 20 years, there could be some migratio

>> early on it was clear that the saudis were a huge part of the problem. i think there with us a great deal of effort placed on curbing the financing of terror and the saudis i think after a good bit of cajoling finally did a good job, and they've curbed it. the question is that there were billions of dollars and they cut it by half you still have billions of dollars out there. the studies continue to be a problem. by and large what we've seen is that terror financing has really gone underground. you've got bulk cash smuggling, trade-based monday laundering, it's a lot harder to figure out exactly where the cash is coming from, although we can still say this a lot of our pet r-rbs ol dollars that go to the gulf, that that seems to be where most of the financing emanates from. >> you and i have talked on the air numerous times about how are we engaging iran, pakistan, what about yemen, we very infrequently talk about how we are engaging the saudis, how are we engaging the saudis when it comes to this issue for others? >> the saudis have been a very interest

year reporting i think that there's no question that the united states is very much listening to the saudis and very very loath to to go against them when these things that their vital interests are concerned the truth is though saudi vital interests are not engaged in bahrain there's despite what the saudis think it is think they are and that democracy in bahrain would be a very positive thing for the entire gulf region and and so on it could be an example for the saudis instead the saudis are using it as the one place they want to suppress in order to suppress democracy at home i don't think you can suppress it i think that at the end of the day the younger generation in all of these countries are going to say look at our buddies abroad look at the people we are communicating with them face. book look at that look at the world that it is and we're living in a medieval feudal kind of existence this is not going to work ok and the united states has got to adjust to it this is not in use in many respects me and i have friends and i did go to going to read this is there but this is something

the saudis come out and say, there is icing on the cake. we will give you more oil.this wreaks of political friendship. >>neil: i was at the convention and they bragged how less we are dependent on the saudi oil. i guess we are now. >>guest: we are not. opec and the saudis make their money from oil. that is their commodity. we kid ourselves if we think they are our friends and want to give us the oil for free or whatever we need. they want to see obama in office. they do not know what romney will bring in. >>neil: they know romney's plan to make us energy dependent could be just a lofty goal but they know what he wants to do. i am sure they would not be a fan of him becoming budget? >>guest: it is a wild car. if romney is in and we get a solid energy policy in the country and exploit our natural gas supplies here and knuckle down and over the next 10 years focus on natural gas, get off the addiction from the foreign oil, these guys are terrified of that. they do not want change. now is no change. now they want no change. before it was hope and change. they want us de

for the entire gulf region and and so on it could be an example for the saudis instead the saudis are using it as the one place they want to suppress in order to suppress democracy at home i don't think you can suppress it i think that at the end of the day the younger generation in all of these countries are going to say look at our bodies abroad look at the people we are communicating with on facebook look at that look at the world that it is and we're living in a medieval feudal kind of existence this is not going to work ok in the united states has got to adjust to it this is not an easy but it will be interesting and i do have friends and i could go to going to read this is there but this assumption is that the the west the outside you control this process to democracy is that what you're hearing from. the world quite the contrary if you look at the media in the arab world you had a completely different picture they see first of all with a quite empty american sentiment what has been down. as far as your own foreign policy. is concerned during the last few years so there's a very

>> to me that is the most intriguing question about saudi arabia and wrote come out after 30 years of going there and five years intensively of reporting this book, i don't come out optimistic about the longevity of that family for several reasons. one, the old brothers the crown passed from one brother to the other since their father died in 1953. >> the sons of abdul aziz. >> he had 44 sons and daughters don't count. >> yes, but, you know, there are ten or 12 of them still alive but the youngest is 67, 68, so at some point they are going to have to shift to the next generation. >> rose: the succession set? >> no, not at all, and so they are now much like the old soviet union they are going from one old lead fore the next, who is fundamentally the .. tooled and weak and tired. >> to changed? >> to have the emergency to work very much and certainly not to change anything. so i think the country has problems, all of these problems of unemployment, wealth distribution, housing, poverty in a country that that much money. and those are not going to get better without some real younger ene

but the saudis and the u.s.a. would hurt less oppressive government hundred dollars a barrel to $300 a barrel. instead of 500. it's still a difficult situation there's a little bit of tension between kuwait and iran on some of the offshore fields. the iranians and the kuwaitis are in the same field but it's not a very big issue. there is tension between qatar on the one hand on the big gas field because the iranians are choosing the qatari stealing their gas because it's true the tories are using the big gas field, and the qataris using 77 tons of their energy per year and i forget the exact amount, but it is one and a half million per day of gas to liquid to make diesel running this. they have a very large fertilizer plant and so on and they also make aluminum from the natural gas and the plant. so they are using that field. they are claiming that this could create migration which is not being used and to qatar which is unlikely but over 20 years there could be some migration apparently. it is a bit of an excuse

problem. >> rose: but most people believe that the other members of the quartet-- the turks and the saudis-- are supporting the free syrian army and the iranians are supporting the assad government. they're already sending weapons in. trate trait this is the reason why i chose these countries, because we cannot solve the problems away from those who intervene and the problem. those who intervene and who-- the stakeholders who are the ones who are willing to sit down together to solve the problem. >> rose: how would the process go? what would be the first step and second step to have an effective quartet achieve the results you would like to see? >> if we agree on the main principle which is to empower the people of syria become free to choose their leadership and have a democracy, if we agree on the principle, the working mechanisms will not be difficult but that will be possible. >> rose: the saudis have agreed? the iranians have agreed? and turkey has agreed? >> ( translated ): they agreed to meet. >> rose: when will the meeting take place? >> two meetings took place right now between th

s there indemnify the saudi arabian manager and the saudi ambassador at that time under our as complicit in helping in funding the nine eleven attack when president obama came to office he met with the families of nine eleven and he said to them i will take responsibility of releasing the twenty where we have it and former senator graham from florida should a book focusing on that so there's a very very questionable relationship that does obama administration has to the saudis who are responsible for many se demonstrations and to arcadia and that's why there should be and there actually are and women in the u.s. congress now investigating the us calling for impeachment of president obama which would start with an investigation my hero he's a lawrence i mean this is so that we could talk about at length all night the twists and turns of it but we got the gist of it thank you for your thoughts rather tom afraid love washington there lawrence freeman from executive intelligence review magazine thanks anderson. thank you. and georgia for protestors have reportedly been arrested as incensed c

is always view by the saudis and by washington as a minor disturbance and of course the u.s. does not want to compromise its position as being the aircraft. go r.d. an angel of the persian gulf. he watching r.t. live from moscow under barack obama's democrats of formally nominated him for reelection in november this happening during the second day of the party's national convention in north carolina next president bill clinton took center stage to praise obama and hit back at republican claims that he has the worst economic record of any president in modern history although ati's marina for now reports democrats are failing to explain why some if not many of obama's promises were never. in two thousand and eight for october my turn us politics into something of a pop culture phenomenon we meet at one of those defining moments. a moment when our nation is at war our economy is in turmoil the democratic presidential candidate accepted his party's nomination valiant to rebuild america's moral standing and break from the policies of his predecessor the failure to respond is a dir

normally it's absolutely possible cause from the beginning of the saudis especially the quran. they sold to washington the idea that this was an iranian plot in where ever happens in the ring is always view by the saudis in via washington as a minor disturbance and of course the u.s. does not want to compromise its position as being the aircraft. guardian angel of the persian gulf. tono to join the tasher in business he's keeping track of all the. apec summit carrying on in the far east to russia the moment what kind of deals we're talking about was a pretty productive day at the summit with a number of deals being signed but one of the biggest ones no doubt are in the energy sector more on this in just a couple of minutes but first our top story the european central bank on thursday said it will buy government bonds of troubled nations to bring down their borrowing costs the e.c.b. president mario draghi says the program will be unlimited a country that wants the e.c.b. to buy its bonds must first ask for bailout funds and agree to strict budget rules nick parsons from nationa

is always for you by the saudis and by washington as a minor disturbance and of course the u.s. does not want to compromise its position as being the aircraft. go r.d.m. angel of the persian gulf which are the life in moscow coming out of the shooting at a canadian post-election rally that was cut short when a gunman opened fire r.t. takes a closer look at the details surrounding the dramatic events in montreal. and the recession shots and u.k. shops leaving small business is struggling to make ends meet with no light at the and the tunnel. rock obama has been nominated the u.s. democratic presidential candidate as the party's national convention drums up support for his reelection bid in the vampyr obama said americans were absolutely better off than four years ago but the country's growing national debt unemployment and broken promises have plagued his campaign ideas maria port now reports from the u.s. . in two thousand and eight for aco bomb i turned u.s. politics into something of a pop culture phenomenon we may be one of those defining moments. a moment when our nation is

the saudis pumping more oil. none of this seems to be making sense. question i guess that most people have is, where are we going, and will it cost me more money at the gas pump? >> i think eventually the gas prices, we have seen the peak for the year. i don't and that's where the issue will be. if it's going to be the longer-term picture regattas oil . obviously we did major damage to the chart the last couple of days, but i'm not ready test throw and. there are still a lot of risks and the global economy and whether it be the middle east and other tensions across the area that could cause prices to spike. i am of the opinion that perhaps the market was ahead of itself. it was a little bit too high. this is a major correction, but you cannot fight the fed committee cannot fight the rest of the globe. if you have countries all over the globe, printing the currency of their choice, that's wildly bullish. number one, the commodities will cause more. over the long run we have learned that you cannot really get in front of us. even after qe1 we had an init

normally it's absolutely possible cause from the beginning the saudis especially the quran. they sold to washington the idea that this was an iranian plot in where ever happens in the ring is always you by the saudis and by washington as a minor disturbance and of course the u.s. does not want to compromise its position as being the aircraft. go our do an angel of the persian gulf. still to come shortly here on out shooting at a canadian post-election rally. could be behind the shooting of a rally marking the victory of perfect premie. most of the details surrounding the dramatic incident in one. of the recession shots. leaving small businesses struggling to make ends meet with no life. this is our team now barack obama has been nominated u.s. democratic presidential candidate as the party's national convention drums up support for his reelection bid in november obama said americans were quote absolutely better off than four years ago but the country's growing national debt unemployment and broken promises have certainly played its campaign. portnoy reports from the us. in t