Word: kuwaits
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...this man ever actually accomplished in government?" The questions are legitimate because we know there are times when a President has to gamble, and yet we know very little about Obama's appetite for it. When George H.W. Bush marshaled dozens of allies to push Saddam Hussein out of Kuwait, when Ronald Reagan stared down the Soviets with intermediate-range missiles, when F.D.R. went off on a Caribbean cruise and dreamed up the lend-lease program - and then managed to sell it to a highly skeptical public - all represent moments of leadership that required brinkmanship as well as salesmanship...
...President, Poppy is depicted as having the strength to use U.S. military might to push Iraqi troops out of Kuwait and the wisdom - not the weakness - to stop short of Baghdad. Stone seems to admire him more than any other President he's depicted. (In JFK, Kennedy was a hallowed ghost figure.) His Bush Sr. might be a Lyndon Johnson who somehow got the country in and out of Vietnam with a win and few U.S. casualties. This 41 - this war hero, this fearless leader - could never have been impersonated on Saturday Night Live by Dana Carvey...
...fueled excess - of a piece with the mad dash across the Arabian peninsula, to build the tallest, biggest glitziest structures money can buy. Their coffers bulging with surpluses, many Persian Gulf states are turning their desert into one giant construction site. There's the City of Silk project in Kuwait, Dubailand in Dubai, and any number of ports, airports, universities and giant residential and industrial complexes coming up in Qatar, Abu Dhabi, Bahrain and elsewhere. KAEC "is not a vanity project, but there is definitely a statement being made," says a Riyadh businessman who asked not to be identified...
...actually fired Walt Monegan because he was trying to get more money to combat sexual assault crimes • "Palin and McCain administration" referred to by • tanning bed installed in governor's mansion by • "visit" to Iraq by revealed to have extended one-quarter mile across border with Kuwait...
...Wary sovereign wealth funds from Arab countries aren't likely to rush in to buy the assets of Western financial companies just yet, according to Sfakianakis. Some have already been burned, like the Kuwait Investment Authority, which bought Merrill Lynch shares worth billions earlier this year only to see the stock plummet in recent months. So for now, Arab investors are likely to refocus on infrastructure projects in their own countries that create real value and services for their economies, which are bound to keep growing even in the midst of a Western financial crisis...