Trump's Saudi Arabia Speech Underscores How Lucky We Are That Obama Is Gone
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Trump's Saudi Arabia Speech Underscores How Lucky We Are That Obama Is Gone

Author: Ari Socolow on May 21, 2017

I have made no secret of the fact that I am not a fan of our President.  He has already done much to cause real concern.  I remain very troubled by the possibility of a Russian conspiracy, and the intransigence of the Republican leadership in addressing the matter.

Yet, the Donald made an incredibly strong speech in Riyadh, Saudi Arabia this afternoon.  He was calm, measured and he articulated skillfully the key points.   He stated clearly that the leaders of the Arab world need to stand up themselves to extremism, and to stamp it out at any cost.  He made clear, as well, that the US expects them deal with extremism at home, and that we will not continue to tolerate terror harbored at home and extended outward.

The speech contrasts sharply with that given by President Obama on June 4, 2009, just after he become President, at Cairo University in Egypt.  In that speech, Obama spoke about a Middle East that has a history of colonialism, gave legitimacy to the Palestinian claim to a homeland, and encouraged Mubarak’s subjects to fight for democracy.  The rest is history.  Following Obama’s speech, and at least in part because of his incitement, Egypt subsequently deteriorated into a basket case.

As worrisome as Trump is, we were reminded today how lucky we are that the Obama era is over.

Ari Socolow
Ari Socolow: Ari Socolow is the Chief Economist and Editor-in-Chief at BestCashCow. He is particularly interested in issues relating to financial literacy and bank transparency. Since co-founding this website in 2005, Ari has been frequently cited in the media as an expert on local and national savings accounts, CD products, mortgage and loan products and credit card rewards products.

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