long as saudi arabia is turkey the united states u.k. france as long as they demand for the toppling of a sunt there's no chance that this plan can actually put be put into reality in your opinion how accurate is the news coverage of what's been going on in syria being. like in every war there is propaganda from the from both sides for quite a long time it was mainly the information from the opposition which was reported in the mainstream media in the west. information. from the sound site was neglected and discarded as programmed however recently during the last few months it has turned out especially and that the atrocities the message committed by. rebels have it. such. that they can no longer be neglected so we see a great deal of small objective reporting on the situation down with quite a number of journalists in the country both on the side of the rebels as well as on the side of the government are spring type uprising still a risk to leaders in the gulf states they are definitely tremendous threat for all governments in the g.c.c

it's almost like it's an enclave within saudi arabia. it's--different from the rest of the country. >> yes, that's true, because-- >> very different. it kept a lot of the american ways. >> yes, of course. >> but blocked off from the rest. >> they are good ways. there's nothing wrong with it. these were their excellent ways. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we follow the flow of big oil from massive, mega billion dollar oil fields in saudi arabia to the u.s. where wall street refines the oil into a mega billion dollar commodity. we begin with a look back to 2008 when the price of oil, theoretically tied to supply and demand, suddenly became untethered. storage tanks were full, yet the price skyrocketed from $69 a barrel to nearly $150 before it plummeted along with the stock market. there are lots of theories about what triggered the price rise. as steve kroft reported in 2009, many people believe it had more to do with wall street speculation than with oil companies. >> to understand what happened to t

saudi arabia that the a wide government in syria is aus that so definitely as the main route actor saudi arabia and the majority of the arab league they will play an important role for the future of for the few just settlement why should saudi arabia want the alawite south stood well it's the basic. in rivalry between the conservative sonny monarchy in saudi arabia and the shiite government in iran so. if. a white house that in syria it would mean that the shiite xs from iran via the shiites in iraq syria to be shiite hizbullah in southern lebanon this axis will be destroyed which means also on the bed this will be a tremendous blow for the political influence of iran in the gulf region now you mention quite a few countries there is there a risk of the crisis in syria spilling over into other countries and the conflict has spelled already in lebanon that there are quite a number of fights between. living in northern lebanon in particular in tripoli and. sunni supporters of bashar al assad it. is also developing into a proxy war because saudi arabia mess of supporting the sunni hariri cla

it can in order to secure its survival so saudi arabia is still very much at risk from. demonstrators saudi arabia is definitely the country which has to feel the strongest opposition and this was also the reason why the saudi government tried to quell any opposition by extremely generous projects for housing. employment for support financial support of its population however it still the question is whether this will be sufficient to secure the monarchy in the long run switching focus now to the ongoing dispute between iran and israel do you think that we could see an attack by israel in the very near future it's pretty unlikely first of all there's a mess of objection from the american side so if israel were to take this really would be a blow for the relations between israel and the united states obama cannot afford during the presidential campaign actually to enter into a new war another point is that all generals all major. responsible people for the security of israel have to clear out and that an attack from israel against iran would be disastrous in addition to t

in saudi arabia you have women advocated for public life. >> there is no law in saudi arabia that women can't be in advertising. it's just a matter of respect for their culture and women are covered up. but, you know, this whole concept that a company has values, you know, i kika is not the united nations.kea is a coms in selling product. if it's better if them to sell book shelves and baskets by cutting out a woman in her pajamas in saudi arabia, good for them. >> think also customers are making decisions based on what they see as the value. >> to that point, the argument is they wouldn't have sales in saudi arabia if it was -- they were following your line of thinking. >> i'm sorry, wouldn't have -- >> they wouldn't have as many sales. >> right. but it's bagger world than just saudi arabia. now they have a real problem in their home base which is ee egalitarian country. thing consumers can make a decision whether that matters to them and that's globally true. >> should they have global standards? >> i think it should be, you know, whatever they make money. they have shareholders. star

the range of saudi arabia and concerns and the prioritization of saudi arabia and could parents so that we hear from you and others more than we hear from the american media. their concerns come at their needs, their issues, their interests. >> well, it's key that you listen to all sides. in the street in that part of the world has long been convinced that we don't listen to the other side of the story. the challenge of course is translating that into our policy, but certainly in saudi arabia at various, you know, it's interesting that in three years i have never heard a disparaging word against an israeli or a sub six. that's not the issue. the issue is the government to government policy, which you can on the street is perceived as being imbalanced. in 2002, crown prince of dulles spent a lot of capital pulling two countries together in the air of peace initiatives essentially laid out if you can just resolve the issues, all 42 countries are onboard to open up relations with israel because there is a deep sense that the resolution and it is a strategic issue for saudi arabia, just lik

arabia" why is it important for americans to understand saudi arabia? >> because it's a country we're very dependent upon for oil and dependent upon to keep the people from becoming terrorists and trying to kill us. so for both our life and our livelihood, we should try to understand the country. >> woodruff: there's such a sense of saudi arabia being the one stable country in the middle east. we don't know very much about it, but it seems to have things under control. but the title of your first chapter is "tranquil." how fragile? >> i think they do have serious problems. they have problems other countries have of unemployed youth, 60% of the population is under 20 years of age. they have a lot more money to deal with it. but it doesn't diminish the frustration young people feel now that they, threw the internet and satellite tv, have an understanding of what goes on, not only in their country but in the wider world. >> woodruff: hows that this regime-- you write so much about the history of what you call the house of asud. asudhow have they managed to

arabia and the arab gulf states. and also some religious you can say called war between shias and so on islam and then we have on the international level also the. between russia china and other side the united states france and. germany and other european countries so i think because of these three levels you see that it's resolving the crisis in syria is very very complicated get much if i could say with you but i mean how many people in syria want to resolve and i'm looking at the rebels ok they've walked away from the goshi ations. well i think we can say that majority of syrian people want the they're looking for a peaceful transition and. we way beyond that now don't you agree i'm i'm i'm talking with i'm talking about ordinary people but let me say when when we have a one thousand nine hundred one conflict definitely when there is violence when there is weapon is used by of. by by both sides or first it was initiated by the regime i think the you would have some sort of radicalized group or islamist group or c

arabia is an export democracy. ok so they're not importing it either. but what do you think about that i mean the regional dynamics here because you know the unintended consequences they rock lebanon i mean they're being pulled into this they don't want to be but they are not. no doubt there are regional consequences but i do detect a slight difference between the one nine hundred eighty s. the era of of the the war in afghanistan and lebanon and today i think today you can see that arabs generally are exhausted with all this conflict arab public opinion in general maybe against at the assad regime but is not in favor of any military involvement in syria similarly in turkey the turkish public opinion is deeply against military involvement in syria so we don't see that kind of excitement or that kind. of friends of syria saying assad must go ok it's almost the cheer you're hearing right now how do you know there is a difference here between with the street believes i think certain vested interests . i think that we

it's almost like it's an enclave within saudi arabia. it's--different from the rest of the country. >> yes, that's true, because--

we can address saudi arabia. we can address syria, but what is really needed is a version of the region, a geopolitical balance of the region to be discussed with other partners including purr key. i think you mentioned turkey, all the gulf states. you can't just be we solved iran, the palestinian issue, and the syria issue. we need a vision, but regional vision because all of these new political actors, they think eternity. we don't have an eternity with the visions. that's what i want to say. >> just one slight comment. ahmadinejad will be gone soon, but strengthening the regime. >> exactly, yeah. >> another comment? >> you invited questions? >> yeah. >> i want to ask scott a question. if obama wins the election, and if he makes the kind of speech that you outline -- a speech that would satisfy your fondest hopes, what would be your fondest hope in terms of the israeli reaction begin that you said you've -- you're among those who believe that we'd perhaps pass the limbs of the two-state solution or -- but, and

and saudi arabia since fdr met in 1945. we were in oil exporter at the time but for fdr and the 12 presidents that followed him had a very simple formulation. if you understand the size of the saudi reserves, whether the u.s. intends to import oil or not you don't want those oil reserves to fall into the hands or under the indirect control of hostile elements whether it's the soviet union, saddam hussein or currently the ayatollah. the world would be very different if hostile powers -- oil resources in the goal. they would be able to control the world economy and that is -- something the past 13 presidents have not wanted to contemplate so that would be the perennial issue on the table and it tends to guide the rest of the relations. thank you. [applause] >> thank you, nate. >> good morning. as the cleanup hitter i have been asked to address iran and syria, which i will do in that order with most of the attention devoted to the first of those two topics and then on both of them there will be as we head into the new administ

be the next saudi arabia of oil production? a newreport says we could be the world's top producer by the end of the decade. we'll tell you how. >>> plus a devastaaing cyberattack hits one of the world's largest oil companies. iran is reportedlyehind it. could our electric grids or water supplies, our water suppliese next? we get insight eclusively from a former member of the joint chiefs of staff. >>> crime in chicago is out of control. some officials want to pull the trigger on the bullet tax to rein it in. i think they're a bit off the mark. my favorite chicago alderman isere to disagree with me. even when they say it's not it is aays about money. melissa: first let's take a look at the day's market headlines. stocks adding losses to yesterday's big selloff. new home sales rose to the highest level in two years. but economic concerns voiced by the fed helped send stocks to the downside. the dow fell 25 points. >>> the justice department filing a one billion dollar civil lawsuit against bank of america. its countrywide financi

france turkey saudi arabia and qatar of inducing and aiding terrorism in his country by those countries actually arming financing and supporting the opposition groups in syria he went on to say that the holes that western countries are making for president bashar al assad to step down is not only provoking more bloodshed in his country but he says it's also a believe an interference into syria's domestic affairs he said this success of any international effort in syria would require countries including turkey saudi arabia qatar and libya to stop arming funding in training the syrian opposition and to rather encourage dialogue but we heard u.s. president barack obama first call for. president bashar al assad to step down and that his sentiments were echoed by by britain and by france just as the u.s. he says stood by supported and helped liberate the people in libya he would like to see the same thing done in syria but on the other hand you have many other countries such as russia china brazil and so on and so forth saying that there can't be any outside intervention into what's taking p

france turkey saudi arabia and qatar of inducing and aiding terrorism in his country by those countries actually arming financing and supporting the opposition groups in syria he went on to say that the calls that western countries are making for president bashar al assad to step down is not only provoking more bloodshed in his country but he says it's also a believe an interference into syria's domestic affairs he said this success of any international effort in syria would require countries including turkey saudi arabia qatar and libya to stop arming funding and training the syrian opposition and to rather encourage dialogue so the syrian foreign minister will lead of course to addressing the world body on the last and final day of the un general assembly he says that he is calling for a political solution and syrian led dialogue to agree on a roadmap to a more pool of florists dick and democratic syria but we heard u.s. president barack obama first call for. president bashar al assad to step down and then his sentiments were echoed by britain and by france just as the u.s. he says st

., saudi arabia, qatar, and turkey were injured. in the syrian domestic fears -- were interfering in syrian domestic affairs. in syria itself, dozens of civilians have died in the army shelling and air raids at various flashpoints. that is according to the syrian observatory for human rights. they have been named -- peer steinbruck has been named as a candidate for chancellor in next year's election. >> this nomination is expected to receive widespread endorsement at a special party conference in december. >> the unanimous support of the party executive was no doubt a welcome surprise for peer steinbruck. while the election is still a long way away, he is already setting the tone for the campaign. >> it may involve a bit of humor and a bit of wit. some of the best weapons to use against your political opponents are wit and positive imagery with other than just a head-on attack. >> steinbruck says germany needs to put the focus back on a socially-just a market economy. -- socially-just market economy. for some, he represents welfare

even in saudi arabia. even in petrol mortgage of women very much educated and being more and more visible. the point is to promote this through education and job opportunities, and to get them not as simple. be careful with simple set up betraying the radicals on the ground. i think this is where we have to come together. but what i would like from us in the west is not to say the only liberated woman are the women who are like us. the liberated women are liberated women when they think, when they are empowered and they can be practicing muslims and liberated women. we have to reassess our perception of who is free, and how they are free. having started by this and this, we tried to have a critical discussion and to promote the rights of women, but i completely agree this should be done. and it also should be done in the way we deal with the religious scripture sources. i allocated one chapter on women and sing with two problems, reduction of the text little understanding of projection of cultural on the t

interference from saudi arabia qatar turkey so there's a lot of the regional elements pumping money pumping arms into this conflict the consequence of that and also the regime unwillingness to renounce peace to renounce peaceful means to arriving at a solution all of these put together have brought us here still israel and its allies in the west sympathetic to the opposition despite the warning signs you're picking up or do you think they're aware of this risk of religious persecution very possibly also true of other whites and christians if the regime is toppled and if so why is it being ignored i wonder. i that's ironic i think many people in the west are aware of this and they're wary of interfering straightaway intervening which is why america hasn't yet intervened in the way that it did in libya in the way that it did elsewhere. i think the irony of supporting the rebels who may eventually become great enemies of the west is something that's lost in the into the on the very eager interventionists were pushing the west to intervene in syria to arm the opposition i don't think listening

we see where it leads look at saudi arabia. and this would have this way and you don't have democracy and they get along great with the united states and i want to bring in sort of what the where does the u.s. stand in terms of regime change they're very open it's no secret that they want assad to go and then they're pushing on russia and criticizing of russia that it's them and china who are blocking any kind of progress on a solution the united states to my mind completely make it make stuff actually they are the reason to a large part of why all this mess has. triumphed over in syria the united states tried to prove that with the help of qatar where there is no constitution and the opposition is being crushed or of saudi arabia where there is no constitution even a remote notion of what the democracy is they will establish freedom and democracy in syria and i wonder who can believe this i wonder with the american diplomats do they put one and one together the u.s. position is completely flawed i think basically that the u.s.

how important is it to you to be doing this in saudi arabia? >> i think women's rights not only are, like you said, what we need to focus on, but in the region. i think the strongest form of empowering women in the region, more specifically saudi arabia is economic independence. once a woman is counting on herself, she will not put up with a lot of things you see in the media. if you are talking numbers, a lot of people focus on women and driving in saudi arabia. not being able to drive has not stopped us. $120 billion worth of real estate are owned by women. bank account savings are for women. 8 billion in investments pumped by them. they go to work and are passional about what they do. driving has not stopped them. if you want to help women in the region, economic ind pen debs, i can never under line that, focus on it. >> the middle east is a huge importance, i talked to president clinton about the ratcheting up between israel and iran and what that may do to the region if they did have a conflict, what it would do to the global economy. what

comes somewhere but they want to exception as saudi arabia and they put a base they never ever leave. still ahead this ridding itself of bad publicity. campaign a number of cases where the government tried to shut down court hearings these proposals if they're pounced on will sweep away hundreds of millions of the pretty slick attributes we look at the british government's considering new legislation which critics say simply to hide its involvement in wrongdoing such as prison torture. plus the russian prime minister adds a famous friend on facebook but he didn't have to go online to do it has to be true from our business desk explains that dimitri no yeah we're talking about the head of facebook actually mark zuckerberg he is in moscow he has been walking around red square and went to one hundred dollars but also indeed met with prime minister dmitry medvedev they talked about the role of social networking and also discussed the potential technological center for facebook but the media speculate there could be different reasons for coming so moscow actually could be either to boost f

morgan's black master able to fly her burka and a broomstick into saudi arabia and make it short sell the oil markets and cause mayhem on top of creating complete artificial price manipulation in the silver market as she is famous for and as the h.s.b.c. and j.p. morgan lawsuits are proving into but while the big he just is no there won't be any justice because he's part of the syndicate blithely j.p. morgan which broomstick flying saudis short selling oil which are i stand over thanks so much for being on the kaiser report thank you max stay tuned for the second half i've got the birmingham looter we're going to hug a hoodie. well for the. science technology innovation all the list of elements from around russia . soon from phones to. good lumber tour. was able to build most sophisticated robots which fortunately doesn't sound anything tunes mission to teach creation why it should care about humans and. this is why you should care only. planation and free credit take should be free transfer charges free. maintenance free risk free studio tied free. download free blood tests plug in v

also only do you see i would say that after saudi arabia if there is a regime that did fear we collapse it's still going in very because of its strategic location and because of the presence of the u.s. military there and you know we saw the ability to project power in the region but only source untrue and therefore you know you don't you have barely a year of employer in the u.s. i bowled human rights abuses in bahrain so here you have a clear mismatch between america's our ideals of disposing universal human rights and the reality on the grown rearview mirror to selectively being in force and are really used to block the unusual political or not you want to use the right inside and on the escalating clashes and political analysts trayvon telia thank you. so. they race for the u.s. presidency has been struck by superstorm sandy which hit hard at america's eastern seaboard packing a deadly punch it claimed at least sixteen lives before losing some steam as it moved further inland at least seven million are said to have been left without electricity in several states an explosion at a po

people in saudi arabia. otherwise we could work against iran and work with ball share al-assad. so unfortunately there is a misunderstanding receiving many americans in jail. so finally, with syria, for sure i have to admit that syrian issue, it is approve that arab country and muslim countries are weak, yet, they cancel -- can't solve their problems without helping -- and i say damascus. we are divided. we couldn't do ig in. and it it gives you the future of [inaudible] with respect to my -- [inaudible] but we can't solve any problems under the -- [inaudible] so finally, saudi arabia did some it's mistakes or -- i think also so that [inaudible] was too much high in the beginning so maybe they were expecting something to be happened but they were not. nothing happened -- [inaudible] also the countries they didn't do the minimum for especially with china and russia to pursue them to let's say talk with them or even to blackmail them to get to some any -- but they did nothing with china and russia, and now we

it's about the iran-syria access opposed to the iran -- sorry, kuwait, qatar saudi arabia access, and it's also really about china -- i was going to say the soviet union -- but china, russia on one hand and the united states and europe on the other. you have three levels of stalemates, local, regional, and international because there's so much at stake so a country like or regime like syria for the past 40 years had these calculations in mind so this is not to excuse the regime's brutality whatsoever, but to understand analytically that the outcomes of what we have been witnessing for the past several decades involve these kinds of calculations that many of us don't take intoing the. >> host: and we have been talking with professor haddad, the political economy of the authoritarian resilience, published by stanford. he's head of the middle eastern studies program here at george mason university. this is booktv on c-span2. >>> visit booktv.org to watch any of the programs you see here online. type author or book title in the search bar on the upper left side of the page and click "sear

in saudi arabia and qatar to some degree not totally and also. the other side which is supported by russia and china and so on why that's not only good point i mean we're seeing these pens of all of these weapons and what they say on the what they look like i want to think is not being pinned at least to my knowledge is about the rebels themselves who they are and if they are indeed unified about more than just ending assad's regime how about this and i mean what do we know about these rebels. well what do you know about these rebels i mean again he said we can't be totally certain but we don't want a zero which is you know it to me has to be fairly pro the f.s.a. to some degree again i was making us a generalizing statements but you know they are qatari own so they were. you know you they they interviewed i think one of the leaders of the of the of the f.s.a. and he said yeah we admit that we are infiltrated by jihadi jihadi succumbing calling to reports from all over the muslim world but we don't know exactly i mean we know that they've got som