>> well, in the past, sales to saudi arabia -- and they have been considerable on sales to saudi arabia by 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 govern

but first, our so-called friends in saudi arabia, the fact no one in saudi arabia is allowed to own a home. tdd# 1-800-345-2550 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 p

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

not all of yemen is as tribally oriented as saudi arabia, so that is one important difference. another critical difference is that yemen does not have the kind of resources to put into this effort that saudi arabia does. in fact, very few countries do. when we look at all of the different issues that need to be addressed in dealing with the terrorist threat, he have to prioritize as well. rehabilitation remains an important issue, but i do not know we would be able to get to that kind of rehabilitation facility, at least not a immediately. >> we have to questions from the overflow room relating to u.s. plans and its military role in yemen. one from john bennett of the " defense days per "he asks what are the odds of a one to 100 scale the u.s. troops will be needed in yemen, meeting thousands or hundreds of thousands? the related question as can you go into more detail about how u.s. military involvement will evolve over the long term in yemen? >> let me try to answer both of those are once. i think the president has been quite clear in ruling out that kind of military engageme

turn saudi arabia loose. make them look like they're not being supported anymore, and we'll 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. a

. >> 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

from saudi arabia, partly what the u.s. has agreed to because it will help them in their lead against iran. the obama white house is doing it because they feel it will help? in fact, help coordinate american efforts against iran because then they will be the same weapons systems in saudi arabia that we operate as well, the f-15s and the advanced fighter jets. what is your opposition? >> first of all, the israelis have not stated their position and i really don't care all that much -- they haven't really said one way or another, but i would say this is bad u.s. policy. every single arms sale we hear about awax in the '80s, it's all about arming the saudis so they'll have an edge against iran. has saudi arabia ever showed any signs of helping us? if they wanted to help us, they would stop funding and exporting terrorism, they would start treating their own people a little bit better and not teaching hate in their schools. this is just a very bad policy, and you know, every time we get into this cycle of exploiteding more arms

and saudi arabia are deepening their defense relationships, certainly any sign that saudi arabia will have 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

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

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 wha

>> 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

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 now sais that the only reason is to prevent world materially and weapons from addiction to the gaza strip. but this can be achieved by other means for verba you can stop ships on the high sea search the cargo and then let them go a disk ship is mainly. there to. make two point one that duplicate is illegal and should be abolished but also i think very many jewish people in israel and europ

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 thousands of homeless people in the gaza strip great project for the u.n. system and the private sector is completely paralyzed and we have more than four thousand factories i have been destroyed during the war and because the percent of the population is still depending in you and humanitarian aid organizations it is an unbearable situation here in gaza. now fall sarazen trying their luck in

arabia cuba and saudi and 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 u.n. report a has its supporters to one of them is the israeli peace acts. which claims that the blockade of gaza is illegal and also he spoke to the united nations found a former israeli parliament member of neri. the question of whether the blockade is legal. even very wise. very questionable it's being questioned inside israel to i myself believe that the blockade is illegal immoral and first of all stupid because no one really knows what the blockade is for what isopropyl of this blockade the government no ses that the only reason is to prevent. reckons. the gaza strip but discount be achieved by other means for example you can stop ships on the high sea search the cargo and did let them go at this ship is mainly. there to. make two points run that the blockade is illegal and should be abolished but also i think there are very many jewish people in israel and europe and then on to rort who do not support this bil

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 whom have terrorist records including hijacking a ferry in the one nine hundred ninety s. to support chechen terrorists all of this evidence was disregarded none of the evidence including documents that were featured on b.b.c.'s panorama by jane corbin showing the jihadist intentions many of the people who were killed in the nine people said in advance that they wanted to be martyrs they wan

arabia. and saudi and libya the human rights council as kofi annan said it is selective politicized and casts a shadow upon the reputation of the un as a whole all the al cry of the flights in the death did lead to an easing of the guards a blockade some restrictions are still in place and. the united nations relief agency says easing the placate made little difference to life. i don't think the. influence on the humanitarian situation or the circumstances of the people here. we need jobs in gaza we not only we need just to ignore the trucks that pull over normal goods or or visit the grooves or something like that we need to build big materials to get them to gaza because we have thousands of homeless people in the gaza strip great produce for dui and. private completely but our lives and we have more than four thousand for truth been destroyed during the war and because the percent of the population is still being in you are in humanitarian aid or going to the. heating. now fall sarazen ros

fully funded by the kingdom of saudi arabia. for 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 relig

. >> 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

arabia for nearly 25 years, the school has provided pre-k to 12 instruction to more than a thousand students per year and they say they promote, quote, respect and mutual understanding between muslims and nonmuslims and arabs and americans, while keeping within the muslim faith. meet 1999 islamic saudi academiville dick torrian turned al qaeda member, three months ago he was sentenced to life in prison for trying to assassinate president george w. bush. >> it -- it might not be as violent but it will be the new form, face of al qaeda, in london or in madrid or washington, d.c. >> ali al-ahmed is a shia muslim and saudi national, who is concerned the isa promotes radical islam. >> they consider anybody who is not a muslim or lives under muslim rule, consider the person would be unperfected, meaning the person's death or killing is not considered a sin or murder. >> in 2006 ahmed wrote this report which concluded that, quoted, the saudi public school religious curriculum continues to propagate an ideology of hate for the unbeliever. >> if you teach somebody from the age of 6 to the ag

we are allowing saudi arabia and china and south korea now to invest millions on electric cars. we 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

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

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 footbridge alongside the main stadium. the tarnished reputation of t

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. it seems it was that long ago. and i leading up to our teleconferencing. when the mayor was not in

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 ener

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. senate

we will sell saudi arabia f-15 fighter jets, apache and black hawk helicopters and many other weapons that will one day be used against us. so that's good thinking. >> is 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 disrup

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 b

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