>> well, in the past, sales to saudi arabia -- and they have been considerable on sales to saudi arabiay the united states in the past. but they have been controversial throughout the 1980's and the 1990's. israel, through congress, through friendly members of the u.s. congress, opposed and scaled down earlier packages. obviously 9/11, saudi arabia, the birthplace of osama bin laden, the military connection became controversial. but i think what has changed now is iran, perceived to be a major and growing threat in the region by israel, by the united states. and what the united states is trying to find is a long-term strategic partner in the gulf with whom it can have a military relationship over the next 10 years or so. it's a kind of deterrent to iran. and iraq is not going to be that country at the moment. u.s. combat troops recently pulled out. there is no stable permanent government in iraq, so they're looking, instead, to saudi arabia and the signs are that this will be a long-term commitment. >> steve king ston. japan could have its third prime minister in a year, as the governin

but first, our so-called friends in saudi arabia, the fact no one in saudi arabia is allowed to own a0-345-2550 what if every atm was free? tdd# 1-800-345-2550 no more $2, $3 fees. tdd# 1-800-345-2550 no more paying to access your own money. tdd# 1-800-345-2550 it'd be like every atm in the world was your atm. tdd# 1-800-345-2550 the schwab bank high yield investor checking(tm) account. tdd# 1-800-345-2550 zero atm fees. tdd# 1-800-345-2550 a great interest rate. tdd# 1-800-345-2550 no minimums. tdd# 1-800-345-2550 the biggest thing in checking since checks. tdd# 1-800-345-2550 open an account at 1-800-4schwab or schwab.com. words alone aren't enough. my job is to listen to the needs and frustrations of the shrimpers and fishermen, hotel or restaurant workers who lost their jobs to the spill. i'm iris cross. bp has taken full responsibility for the clean up in the gulf and that includes keeping you informed. our job is to listen and find ways to help. that means working with communities. restoring the jobs, tourist beaches, and businesses impacted by the spill. we've paid over $400 mi

relationship with both israel and saudi arabia which for some reason have become taboo topics joining me in the studio to discuss it is attorney jordan secular director of international operations for the american center for law and justice and from our l.a. studio scott horton host of antiwar radio and the assistant editor antiwar dot com john allen thank you both for being here now george i'm going to start with you is iran a threat tell me why they are i do think iran is a threat to them. at least to many of our allies not just israel but also saudi arabia the gulf states to the us as well i think to the united states as well because of our troops in iraq and throughout the middle east we've got a base an air force base in saudi arabia and what iran has said is that even if israel attacked unilaterally in that hypothetical situation that they would see it as an attack also on the united states even if we had nothing to do with it and would hit back at us and i think hitting back at us means hitting our troops we have over one hundred thousand troops stationed right there as basical

more globalized, connected, electronic world is something we are worried about. >> you referenced saudi arabiathe saudi stability as a principal consideration in thinking about connections between yemen and the region more broadly. you did not reference iran and yemen's repeated claims that yemen's repeated claims that

turn saudi arabia loose. have more problems than we would otherwise have. there's a good argument that we're supposed to supply them with arms. >>some folks say saudi arabia is neither for nor against the united states. >> that's part of it, too. they're definitely for us. they also pay protection to the bad guys by funding around the world to preach hate, teach hate about the united states. . i'm reminding of the observation of winston churchill about chamberlin. he says, you know what an appea appea appeaser is. somebody who feeds a crocodile hoping he'll get eaten last. in certain respects that's what saudi arabia is doing. >> is this all about oil? protection of it? >> part of it is. part of it is about oil. to protect the oil. to make sure that we have an ally in the region who who has lots of oil. so it's vitally important to do that from that standpoint as well. anybody who says it's not about oil doesn't know what he's talking about. anybody who says it's only about oil doesn't know what he's talking

troops have to protect saudi arabia at every turn. me and nine of you're newswriters can probably stand up to the saudis more than the iraqis could. i don't have a problem helping out a u.s. industry, but we are essentially rewarding the rogue nation of saudi arabia. they have done nothing to help us in all the crises we face. in the oil crisis strike, president bush went over there and asked for help. what did they say? no. when it came time to help the middle east, what did they say? we're going to be the leading in the world, and now they're doing it with about $16 million in arms. it's a bad idea. >> you may be leading the election because every analyst now shows the house is really in trouble. we see chet edwards and other members of congress. this is a new commercial from chet edwards running away from nancy pelosi. >> president obama stood up to chet williams. chet said no to their trillion dollar health bill and no to cap and trade. >> how do you support them when everybody is going different directions and the speaker of the

. >> should we put -- on saudi arabia? >> tell me when you're finished with your question so i can begin an answer. >> should we sanction israel? >> this is a festival of moral equivalence. israel is under attack and you don't want it to be able to defend itself where as iran has threatened israel and death to america. you seem to have some heroic notion of ahminedjad that i don't understand. >> as for saudi arabia -- as for saudi arabia -- >> we'll get you back. >> barely. >> just look at the facts as far as who the aggressive powers are here. you can pick up the paper every day and see israel threatening to bomb iran. you can see newspapers every day advocating that the united states bomb iran. iran looks to the east and west and sees countries -- >> isn't iran just a distraction from the israeli relationship with the arabs and the american relationship with its allies in the middle east? so we point to our enemies to avoid the obvious. that's my question, cliff. where am i wrong in that? >> no, it's not a distraction. t

and saudi arabia are deepening their defense relationships, certainly any sign that saudi arabia willave a stronger deterrent force, i think, enters into the calculations of the iraniaeye rain. >> reporter: there could be a political component. boeing argues the sale could support up to 77,000 jobs in 44 states. the u.s. doesn't buy f-15's anymore and the line was slated to be closed. but the potential deal raised eyebrows among the israelis who september their defense minister barack to the pentagon and prime minister netanyahu to meet with president obama to get assurances that the weapons wouldn't get into the wrong hands and threaten israel. they were apparently satisfied and the u.s. was careful to underscore that today. >> the united states will do nothing that would upset that current balance in the region. the israelis received assurances from the pentagon that in effect, the f-15's sold to the saudies would have the long range radar targeting systems disabled. the pentagon also told the israelis that in fact the saudies wouldn't be able to fly the planes after three months be

the opec states, saudi arabia, iran, and iraq have the biggest reserves. in brazil, their reserves have been found to be more extensive than thought initially, and there is some in an boller. 160,000 megatons is the expected reserve. how long they last depends on many factors, including future consumption rates and new prospecting technologies. >> with oil reserves in the future and climate change an increasing worry, the race is on to find alternative sources of energy. alternatives such as wind and solar are already part of the mix in many countries. biofuels, the controversial in some quarters, are also gaining. they're also looking at how microorganisms produce energy, but will it ever be possible to read it -- . place oil? >> some scientists believe microorganisms could be the key to future energy production, possibly even replacing oil, but research is still in its early stages. microorganisms of many different potential uses. for example, they can be used to extract starched but from plants. starches used for of plastic products. would it be the key

the obama administration is preparing what could be the biggest arms deal in its history with saudi arabia. a u.s. defense official is quoted as saying that there could be an initial commitment of $30 billion from saudi arabia. fighter jets, other hardware. the pentagon has refused to comment on details. monica, we're talking about banking again. >> that is right. central bankers and regulators agreed to big reforms intended to help avoid a new global financial crisis. under this landmark deal, banks will be forced to hold greater capital reserves. the head of the european central bank says the agreement reached in switzerland represents a fundamental strengthening of the global capital standards. >> the central bank chiefs from 27 nations agreed to the new bassel iii -- basel iii rules. the main change is that banks will be required to hold more high-quality capital, what is known as the tier-1 capital ratio, currently set at 4% of assets. it will raise to 6%. on top of that, regulators will have a buffer of up to 2.5%. this, however, does not need to be in place until 2019. >> this is wh

>> if you are in saudi arabia. >> rumor has it that friend is none other than ms. barbara streisand. >> and lastly, congressman, you said this guy should be granted asylum. i am marking you down as supporting the gay agenda. >> thank you for that. >> you are on record. >> i am with you, baby. >>> coming up, presents for everyone. >> yes! >> except bill. >> boo. >>> she puts the free in winfrey and op in oprah. the queen of daytime tv upped the ante when it comes to giving away free crud, dropping an awesome bomb on her adoring audience. it is kind of creepy though. roll tape, roll tapers. >> maybe i should take all of you with me to the other side of the world! [applause] you're going to australia! we are going to australia! you and you and you and you are going to australia! >> we are going to australia! we are going to australia! ue the plane up! meet the pilot. >> let's say hello again to captain travolta. >> i don't know. how can you be so eccstatic about going to australia? haven't these people traveled before? >> can you imagine being trapped for 23 hours wit

a pattern of acting politically and not for human rights let's remember who the membership is saudi arabia china colonel qadhafi of libya is now a member of the human rights council this is not a body that cares about human rights this is a body that is political that is and gauged in a constant campaign to digitalize israel and human rights is the last thing on the minds of members like saudi arabia cuba and saudi libya the human rights council as coffee and on said it is selective politicized and casts a shadow upon the reputation of the un as a whole but the un report its supporters to one of them is the israeli peace activists and group ghosh alone which claims that the blockade of gaza is illegal and also spoke to the organizations found former israeli parliament member theory of an eerie. the question of whether the blockade is legal. or even very wise is very questionable it's being questioned in sight is that. i myself believe that the blockade is illegal immoral and festival stupid because no one really knows what the blockade is for what to suppress of this brocade the government

a pattern of acting politically and not for human rights let's remember who the membership is saudi arabia china colonel qadhafi of libya is now a member of the human rights council this is not a body that cares about human rights this is a body that is political that is in gauged in a constant campaign to digitalize israel and human rights is the last thing on the minds of members like saudi arabia cuba and saudi libya the human rights council as coffee and on said it is selective politicized and casts a shadow upon the reputation of the un as a whole. we don't cry over the deaths did lead to an easing of the gaza blockade although some restrictions are still in place and. from the united nations relief agency says easing the blockade made little difference to life in gaza. i don't think that is. a great influence on the humanitarian situation or the circumstances of the people here. we need jobs in gaza with the not only we need just you know trucks that follow normal goods or or visit doubles or something like that we need building materials to get into gaza because we have tens of thou

a pattern of acting politically and not for human rights let's remember who the membership is saudi arabia china colonel gadhafi of libya is now a member of the human rights council this is not a body that cares about human rights this is a body that is political that is in gauged in a constant campaign to digitalize israel and human rights is the last thing on the minds of members like saudi arabia cuba and saudi and libya and i think that mr garrido and i know mr taylor and i am grateful to burn in hell that different politicized ok nine people were killed involving the nationals from turkey why are you saying that this investigation was pre-determined. because the human rights council decided before the investigation was even set up before the members were set up that israel was guilty who can think of a legal process where before the judges even selected the body that establishes the inquiry declares that one side is guilty the evidence was disregarded our going to station you can watch the minute evidence regarding the jihadist statements by a number of the i h h militants some of who

fully funded by the kingdom of saudi arabia. nearly 25 years the school has provided pre-k through 12 instruction to more than 1,000 students a year. they say they promote respect and mutual understanding between muslims and non-muslims. arabs and americans while keeping within the muslim faith. meet 1999 islamic saudi academy valedictorian turned al qaeda member ahmed omar abu ali. three months ago he was sentenced to life in prison for trying to assassinate president george w. bush. >> -- school will be the new form of al qaeda. it might not be as violent but it will be the new form -- the new face of al qaeda in london or madrid or washington, d.c. >> ali al ahmed is a muslim and sunni national. he is concerned that it promotes radical islam. >> they consider who is not a muslim or lives under muslim rule they consider that person to be unprotected. meaning that that person's death or killing is not considered a sin or a murder. >> in 2006, ahmed wrote this report which concluded that, quote, the saudi public school religious

. >> what role saudi arabia playing? >> saudi arabia advance the arab peace initiative. it understands this process. we value the role the saudi arabia has played. we have been consulting with saudi arabia along with other countries in the region. others are here to demonstrate their recent report -- their support for this effort. we will continue to consult closely with saudi arabia as the process moves forward. >> p.j., from what you have been speaking of in this briefing as well as what occurred at the white house, basically you are saying this is really a rub ik's cube. the iranians and some of their road elements, how did they enter into this to sabotage this? you mentioned have run. -- hebron. are you saying to syria or the lebanese that they have to pull back from the border, as well as a demand from the israelis that the palestinians have to say flat out that it is going to be a jewish state? it is a rubik's cube. how you gauge these talks? >> we're pleased that the negotiations have been started. it is something we have been working intensively toward for 18 mon

tell me what this says here. >> no, i could but there is no point to it senate this spring in saudi arabiaed making changes and the biggest break with tradition named a woman as deputy minister for education. the shakeup will likely tone down fundamentalism in the curriculum. >> back in fairfax, the county held hearings to evaluate a zone variance to expand the campus size. >> next, the captain, and, when... a breeding ground tor terrorism, and before i take the... my job was to make thursday the academy was safe and conducive to the learning environment. >> the majority of hijackers from 9/11 were saudi nationals. they seem to think it is funny. >> excuse me. excuse me please address the commission. >> i'm going to ask people who are opposed to the saudi academy expansion to please stand. >> we believe there is a madrassa. >> a private school funded privately. >> right, by the saudi government but it's not taking u.s. tax dollars. so why is it our business what they do. >> we believe they are teaching seditious. >> the children in these schools, they are victims, their parents want them t

we are allowing saudi arabia and china and south korea now to invest millions on electric cars.to get in the game. there's the jobs of the future. as a nation not democrat, republican, we have got to be creating jobs. you can give me all the tax cuts you want -- >> sean: you just touched me. >> a knuckle different from my leg. >> sean: my knuckle is precious territory. >> we are not creating jobs for our children, -- >> sean: i agree. >> we got to get manufacturing back in this country. you can give all the tax cuts you want if i don't have a product to sell around the world it doesn't make any difference. we got to get our manufacturing green. >> sean: here's the problem, these economic policiesd failing. unemployment at 10%. they said if we spent all that stimulus money unemployment wouldn't go over 8%. >> it was a dumb statement to make. >> sean: you under promise and over deliver. you are a businessman. >> i would agree >> reporter: they over promised under delivered. more debt for our kids and grandkids. now they want more money. you are a business guy do you know what your

, officials repeated their claims of this territory, which could contain more oil and gas than saudi arabia. >> national interests are more important than anything else. russia is inextricably linked to the arctic. a great russian scientists said russia would increase in size by expanding into the arctic, and we agree with that -- a great russian scientist said russia would increase in size. >> there is already a big push towards the north pole, building nuclear power stations due to be deployed in the arctic to provide electricity and heating. >> these reactors have great potential, making it possible to explore the arctic shelf and to extract oil and gas. there are extreme conditions there. " >> so with all this hard work, the russian goal was seem clear, to control the bulk of the resources.ich richard galpin, bbc news. >> more teams are delaying their departure for delhi. some may refuse to compete. james has this story. >> the event may have to be canceled. they still have not received the assurances they received before they agree to compete. there was yesterday's collapse of a footbr

yemen, kuwait, and the eastern province of saudi arabia have substantial shiite minorities. pro-democracy protesters in bahrain are mainly shi'ite and they are angry at what they call continued discrimination. the evidence presented by the government says that there is a network that is instructed to commit terrorist acts. they told us that all of those they have arrested have been and will be treated according to international team rights standard. there is proof of the torture. >> at the ruling to meet this not show political reform. what they want is an authoritarian dictatorship. they would want to convince the world that elections constitute democracy. >> the wife of the alleged torture victim has come back to london where their children are at school. the family knows he may face the death penalty. >> it made me very upset, very hard. my mother is now working, she does not speak english. >> how much britain's quiet diplomacy can help them is not yet clear. >> pakistan's for of england has been the most controversial cricket tour four years. the series was played agains

i lived in saudi arabia about 10 years ago. the royal family there is doing just fine.do not worry about them. they are the wealthiest family in the world. they do not need more money. i think it is high time we stopped investing in saudi arabia and start investing in energy in the united states of america. [applause] what should we be doing? what are we doing? again, we are making some progress but not enough. all of you should be very proud that the state of vermont is leading the united states of america in terms of energy efficiency. much more needs to be done. right now because of the stimulus package, this uses four kinds of energy. our member speaking to two senior citizens that were living in a really old home. they would heat their home and the walls would go straight through the windows and the roof. from what the resolution, they are saving 40% on their fuel bill. they're helping us move to energy independence. there are helping us reverse greenhouse gas emissions and global warming. that is precisely what we have to do. there's the issue of sustainable energ

national security, currently leading our efforts to restore the gulf region, but as an ambassador to saudi arabia, governor of mississippi, person committed to a better future for america, he sees the connection of all of these issues. i appreciate your leadership. i thank you for acknowledging that the military is one of the biggest users of energy in our country. and thank you for your leadership in connecting the military with energy efficiency. it is a national security issue for sure. i want to join you in welcoming one of your predecessors, secretary dalton, here today. we stand on your shoulders and those of willie brown, for the foundation that was late for us to go forward. when we finally got a president, i will be frank, who finally understood the city of treasure island. it should not have been so hard to explain, but for some reason, it was. we were ready with new leadership to capture the opportunity. thank you for your work under mayer brown, and now, mayor news of. mr. mayer, you know that when we started these meetings, we were practically writing to each other on stone tablets.

we will sell saudi arabia f-15 fighter jets, apache and black hawk helicopters and many other weaponss this a threat? >> here is a threat he made yesterday. >> it sounds to me like a warning. >> is that a threat, laura? is that a threat? >> it's a veiled threat. >> and i don't think it's any mistake that he used the word "explode." >> he answered every single one of their questions, but unfortunately here's what they heard at fox. >> squirrel! >> and we'll be right back with the picture this week. and working with people who are changing the face of business in america. after 25 years in the aviation business, i kind of feel like if you're not having fun at what you do, then you've got the wrong job. my landing was better than yours. no, it wasn't. yes, it was. was not. yes, it was. what do you think? take one of the big ones out? nah. >>> turnout was lower than expected, but still more than 3.5 million afghans overcame the threat of violence and fraud to vote in parliamentary elections on saturday. the taliban disrupted the vote with attacks on some polling booths, and more than ten

tax cuts, though, we added equivalent of five pakistan, ten egypts, whatever the number, seven saudi arabia. we didn't have private net job creation. the issue is this, when it comes to spending, china could terrify with us a click of a key punching. they'll say we are going to decelerate the purchases of treasuries, and they did it with fannie and freddie. they stopped buying that debt. pushed the behemoth in conservatorship. >> if we do get the spending we're talking about, if we get it, does it help or hurt the economy? >> it hurts economy. crowds out the private investment and adds confusion. this is the real problem. everything they are doing, they spend money and they change the roles and everybody that want to invest in future. all that stephane is talking about on the balance sheet of the american corporations, continues to stay there. the best stimulus is getting that money off the sideline toward productive investment. >> mike, you talked about the fed getting out and buying government debt. does that help or hurt the economy if they do it? >> it hurts because it supports all the

obama administration is expected to inform congress it wants to sell $60 billion worth of arms to saudi arabia. the deal includes up to 84 new f-15 fighter jets and three types of sophisticated helicopters. if approved, it would be the largest single u.s. arms sale ever. >>> secretary of state hillary clinton is in egypt this morning for a new round of mideast peace talks. clinton met with egyptian president hosni mubarak. israeli prime minister benjamin netanyahu and palestinian president mahmoud abbas are expected to meet today and tomorrow. topping their agenda will likely be the soon to retire restraints on new construction in the west bank. >>> stocks are mixed in asia, ashley morrison is here in new york with more on that. good morning to you. >> good morning, terrell. well, japan's nikkei index fell nearly a quarter of a percent today while hong kong's hang seng was higher by more than a percent in early trading. this morning, wall street gets the latest on retail sales. on monday stocks jumped with big banks leading the way. the dow gained 81 points while the nasdaq tacked on 43. senat

analysts at jefferies report rowan has two new long-term deals in saudi arabia that pay rowan more than expected. coal miner massey caught a bid, up 7%. coal stocks were strong over talk of strong coal prices in overseas in china. we've seen take-over talk heat up again this week with so much corporate and private equity cash on the sidelines. burger king is the latest focus of merger rumors. the chatter helped the stock jump more than 14% on very heavy volume. according to the "wall street journal," a british private equity firm is one of the interested buyers. the clothing business, from wholesale to retail, seems to be picking up, at least for this trio of stocks. men's clothing retailer joseph a. bank rallied almost 13% on five times its usual volume. profits were better than expected and margins expanded. women's wholesale clothing maker g3 apparel group jumped 16% on almost ten times its usual volume. it makes clothes for others like calvin klein. profits beat the street and it raised its outlook. now come the shoes. genesco runs shoe stores like journeys, and makes shoes too. as

afghanistan and while we talk about the cia a saudi arabia as a muslim country and one of the leading muslim countries in the world every participated at the time on the war so here we have some very simple powerful muslim country involved in the war where you are receiving weapons from the u.s. no it's not quite the arab when we were there we just get the weapons if you ask me of my own experience it's from two main parties you know i am my my personal experience here i thought woodchips that i did have plenty you know he's very famous because of what. our weapons used to be from his like from his commanders and people here on the frontline and from. me we are libyans we used to cooperate with him a lot so it's that if you talk about me i believe if you ask any single arab or muslim you know he's one of them and he participate in the jihad he will give you the name of a local commander so you never directly met any cia representative in afghanistan. ever seen anyone. for a minute i've seen either don't notice or ones that have been like the you after the horse battle which is very fa