Thursday, November 29, 2007

Bedouin Darkness Spreads With Oil Money

Does anyone else follow the writing of Youssef Ibrahim of the New York Sun? Never paints a flattering picture of Middle Eastern society. He does, however, present interesting perspectives, misguided as they may be. I point this out only because his piece today adds to the consideration that globalization, rising petrodollars and a declining dollar may have on the future of US business:

Excerpt: "And the mother of Islamofascism, Saudi Arabia, where 200 senior royals of the ruling family are playing with several billion each and buying up stakes in strategic companies such as Disney and Apple, and Citibank, too, and using the rest of the oil bonanza to fund madrassas, militant mosques, and theological institutes across America and Europe."

No comments: