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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 10:33 AM
Original message
UAE uses its oil revenues in right way: Bush
Source: khaleej times

ABU DHABI — US President George W. Bush said on Monday the UAE has invested and used its oil wealth judiciously.

The US president made the statement today during a tour of the Masdar initiative exhibition staged at the Emirates Palace Hotel where he was briefed on the multi-faceted, multi-billion dollar initiative to develop and commercialise renewable and alternative energy, and clean technology.

The initiative reflects Abu Dhabi’s comprehensive investment in future energy solutions and clean technology from design to research laboratory to mass deployment.



Read more: http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/theuae/2008/January/theuae_January352.xml§ion=theuae
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 10:40 AM
Response to Original message
1. oh yeah--Will the US throws its resourses down black holes. Do you listen to yourself?
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 11:13 AM
Response to Original message
2. Meanwhile, back at the Hall of Injustice...
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rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 12:24 PM
Response to Reply #2
7. Yeah, they finance lunatics who fly airplanes into tall buildings...
Remember those redacted portions of the 9/11 investigation?
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parkerll Donating Member (85 posts) Send PM | Profile | Ignore Mon Jan-14-08 11:36 AM
Response to Original message
3. And Now, Back to Reality
Norway uses its oil wealth the right way.

Norway has amassed a fortune in excess of $300 billion over the past decade, thanks to a geyser of profits from its oil exports. Yet few countries are more ambivalent about their vast wealth than this modest, socially conscious Scandinavian society of fewer than five million people.

So rather than managing this monstrous nest egg simply for the best returns, the reluctant billionaires of Norway are using the fund to advance an ambitious ethical code that they established in 2004 for their oil reserve, known as the Government Pension Fund.
Source
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jonnyra Donating Member (205 posts) Send PM | Profile | Ignore Mon Jan-14-08 11:37 AM
Response to Original message
4. One question...
DOes this dumb ass really think anyone listens to his bullshit anymore? Does he really believe his words are taken seriously by anyone? I've heard more horseshit come outta this evil fucks mouth in the last 5 days than in the previous 6 weeks and every word is total lies and bullshit.

Get a clue asshole...you are the laughing stock of the whole goddamned world. You are an absolute embarrasment to this nation and anything it may have once stood for. When you speak there is a collective rolling of the eyes and pretty much everyone just wishes you would STFU!

And to think people actually cast a vote for this pathetic human being to be leader of the free world...TWICE! Nice going America...nice going.
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FREEWILL56 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 02:34 PM
Response to Reply #4
11. That was 2 questions, but welcome to DU anyway.
Answer #1> YES.
Answer #2> YES.
I know, the irony of it all.
:+ :eyes:
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 11:41 AM
Response to Original message
5. I Wonder How Much They Paid Him?
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priller Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 12:04 PM
Response to Original message
6. "But look at all the big buildings!"
"Ooh, so tall. He he."

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Amonester Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 12:26 PM
Response to Original message
8. That's because the chimp's cronies dream of doing the $ame HERE.
Workers at construction site of Burj Dubai

The Burj Dubai tower is expected to be completed in 2008

A strike at the site of the Burj Dubai - expected to be the world's tallest building - has entered its second day.

Some 2,500 labourers at the Dubai site have walked out in a row over pay and working conditions, which sparked a night of violence two days ago.

But the main contractor at the site, South Korean firm Samsung, said the action had not affected construction of the skyscraper.

The workers are employed by Dubai-based firm Al Naboodah Laing O'Rourke.

The builders, who are working on towers next to the tower, are demanding better wages, overtime pay, improved medical care and better treatment from their foremen.

Pay for the workers ranges from US$7.60 per day for a skilled carpenter, with labourers getting $4 per day.


http://news.bbc.co.uk/1/hi/business/4836632.stm

http://archidose.blogspot.com/2006/03/dubai-strike.html



And they R well on their way...
:grr:
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alfredo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 01:52 PM
Response to Original message
9. So let other countries develop and patent the new technology, and
put us at their mercy.
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Tempest Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 02:20 PM
Response to Original message
10. By hiring hundreds of thousands of foreigners and making them live like slaves
Which is what Bush and his contributors want for the U.S.
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 02:35 PM
Response to Original message
12. so- it's okay for the uae to invest in future energy solutions...
but when iran wants to invest in nuclear energy, he deems it a ridiculous thing for an oil-rich country to do...:crazy:
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two gun sid Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 02:42 PM
Response to Original message
13. They sure do. They've spent a large percentage of it on...
thoroughbred bloodstock in the US and Europe. Oh, and Nad Al Sheba racecourse and purse monies for their World Championship horse races. When you're rich as hell those kind of things are really important.
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maxsolomon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 03:04 PM
Response to Original message
14. By building a pointless, hubristic, unsustainable metropolis on the backs of slave labor
aided & abetted by ethics-less American A/E & Construction firms only too happy to cash in.

i've often said: we should blow up Abu Dhabi on the way out of the Gulf.

Indoor Ski Slopes in a desert, & Americans are the decadent infidels?
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 03:10 PM
Response to Reply #14
15. OZYMANDIAS
I met a traveller from an antique land
Who said: Two vast and trunkless legs of stone
Stand in the desert. Near them on the sand,
Half sunk, a shatter'd visage lies, whose frown
And wrinkled lip and sneer of cold command
Tell that its sculptor well those passions read
Which yet survive, stamp'd on these lifeless things,
The hand that mock'd them and the heart that fed.
And on the pedestal these words appear:
"My name is Ozymandias, king of kings:
Look on my works, ye mighty, and despair!"
Nothing beside remains: round the decay
Of that colossal wreck, boundless and bare,
The lone and level sands stretch far away.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 03:35 PM
Response to Original message
16. man o man, the comedy of errors continues. damn, can't even make
this shit up anymore.
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superconnected Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-14-08 03:36 PM
Response to Original message
17. Since bush is saying this, they've used it in the worst way.
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