Geee Posted February 28, 2011 Share Posted February 28, 2011 Human Events:Saudi Arabia controls the world’s largest oil reserves, and if that spigot is shut off by Mideast chaos, the global economy could be devastated. That is why the West must encourage the Saudis to mitigate their vulnerabilities, but be prepared to respond if the kingdom falls.The Saudi monarchy is preparing for the worst case. For the first time last week, a Saudi youth group connected with others by social media to plan a peaceful demonstration in Jeddah expressing solidarity with anti-government protesters in Libya. Fortunately for Riyadh, that demonstration and another among Shiite citizens in the Eastern province weren’t violent like the protests in Egypt, Bahrain, and Yemen.But Saudi King Abdullah bin Abdul-Aziz’s perception of the growing threat of social unrest prompted him to throw money at the problem. Last week he announced a $37 billion benefits package to create 1,200 new jobs, raise cost-of-living allowances, grant interest-free home loans, and more. The king should be concerned about the spreading unrest because Saudi Arabia has striking similarities with countries already racked by chaos. For example, the king runs Saudi Arabia with the same autocratic style that former Egyptian President Hosni Mubarak used, and the Saudi monarchy bases its political system on family and tribal links, as in Yemen. Link to comment Share on other sites More sharing options...
Casino67 Posted February 28, 2011 Share Posted February 28, 2011 I bet the State Department is losing a lot of sleep over this. What is a word beyond 'devastating'? Link to comment Share on other sites More sharing options...
Pepper Posted February 28, 2011 Share Posted February 28, 2011 Casino67 I bet the State Department is losing a lot of sleep over this. What is a word beyond 'devastating'? Breaking News: Obama wins second term ? Link to comment Share on other sites More sharing options...
Casino67 Posted February 28, 2011 Share Posted February 28, 2011 Casino67 I bet the State Department is losing a lot of sleep over this. What is a word beyond 'devastating'? Breaking News: Obama wins second term ? Did you see that Mr. Transparency kicked the reporters out of the room when they started Q&A? Link to comment Share on other sites More sharing options...
Pepper Posted February 28, 2011 Share Posted February 28, 2011 Missed that, Casino, Link to comment Share on other sites More sharing options...
Casino67 Posted February 28, 2011 Share Posted February 28, 2011 Missed that, Casino, Fox was carrying the O's speech to the Gov. Assoc. meeting. When the Q&A began, the reporters were told to leave. I am sure the governors will have a blow-by-blow of the Q&A afterwards. Link to comment Share on other sites More sharing options...
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