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Doug Kanter
 
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Default Bush administration good for boaters!


"Harry Krause" wrote in message
...
Doug Kanter wrote:

"Harry Krause" wrote in message
...


During Clinton's eight years, some 22 million jobs were added to the
economy.


Fun facts (and don't think I'm slamming Clinton's entire record, because
Bush would've done the same thing, if he could figure out how):

One way Clinton created jobs was by personally lobbying the Saudis to be
sure they made a series of enormous commercial aircraft purchases from
Boeing, instead of Airbus. Just one problem: They couldn't afford to pay

for
them, so they finagled the cash in a number of other ways. One reason

they
couldn't afford the purchase is that Saudi ministers get what they

quaintly
call "commissions" when foreign companies sell to them. In the case of

the
aircraft, estimates of the commissions range as high as 45% of the

purchase
price. Similar commissions are paid for the purchase of military

equipment.
Saudi Arabia is the single largest consumer of American defense

machinery,
next to our own armed forces. They buy the stuff, but don't use it much,
since we're pretty much their sworn protectors in the region.




What's important is that the Saudis bought from Boeing, not from Airbus,
and while I am aware that Boeing buys supplies from all over the world,
buying Boeing planes means jobs for Americans and buying Airbus planes
mean jobs for overseas workers.


Here's the good part: Like feeding Bon Bons to a fat lady who has no self
control, we send a constant stream of salesmen to the Saudis to be sure they
keep buying from us, in return for our oil addiction. Problem: In addition
to their uncontrolled spending at OUR trough, the entire Sa'ud family
competes with one another in terms of spending on yachts & huge homes all
over the world. They're bankrupting the country. The Muslim Brotherhood sees
us as being intimately connected with the likely collapse of the Saudi
economy due to what you or I would agree is completely outrageous behavior
by people in power.