look at the reaction, dave, from business leaders around the world, from other foreign governments you realize the u.s. can t afford to be totally isolated on this. we re going to have to come up with some kind of response. and this very hard-line prince probably will take it poorly. so this has all of the makings of a protracted crisis that the markets have to pay close attention to. you know something i noticed about the president s posturing over this, over the weekend, you know, he kept talking about jobs and this you know, these military contracts. that s first time i have heard a president talk about the importance of doing business with a country as opposed to doing business with countries because we have influence on their domestic agendas. that s a real shift. yeah, i think it is. i think though you have to say he s been on a roll, with the great jobs market, with the economy that looks solid, with a lot of key senate races starting to turn a little bit towards
opportunity to american companies. this is about $200 billion of contracts outside the military contracts. the foreign direct investment dried up after he arrested the 380 saudi billionaires. only $1.4 billion, the worst in 12 years and the capital flight. this is an amazing number. $80 billion left the country in a population of only 30 million people and jpmorgan chase suggests that could be $85 billion in 2018. he has a heavy hand and offering a lot of opportunity, but mixed messages and investors don t like it. you mentioned morgan chase, that company that many americans are familiar with along with a soft bank and black stone group are on board to attend the meeting later on in the month in saudi arabia where as so many other companies worldwide pulled out. in the meantime, saudi arabia is the second largest oil producer
extensive monetary support that the saudi arabians have been able to put on the ground. it s not just that. it s also about money. it s about the state department sanctioned military contracts that allowed saudi arabia to buy millions of dollars of weaponry. what we saw in yemen, that is a result of the use of that weaponry. it s very difficult for the u.s. state department putting to one side general mattis sending in that three star general and even then he said that it was to preclude from other such incidents happening in the future. they have not been able to come out and pointblank sanction saudi arabia for this. that has been very disheartening for many people in yemen to watch unfold. some of the images we are showing, as you have seen, this does not portray the true deaf
ohio that the united states is going to be getting out of syria soon. earlier today, said to me, they were trying to figure out what the president meant when he said that. my sense is the president announced a change in policy in syria yesterday unless the white house wants to come out and say that is not what he did. he indicated he would like to wrap up soon. it is an indication of the president trying to move in the direction of where he was during the campaign which is being somewhat cautious about being involved in protracted military contracts in the middle east. he said repeatedly during the campaign and while being president of the united states that he doesn t like to telegraph his moves. he also savaged president obama
shutdown, they open up again late in january and the paychecks are waiting for the troops. heather: military contracts would be pushed to a halt. that is correct. a lot of military families with one spouse in the military and another with military contractor. when you furlough military contractors even though they are civilians you are hurting family of a military member. take two paychecks in some cases. heather: the morale go down, reenlistment can take a hit. coming to the end of my hedge, look at what congress is doing, playing with my immediate future, some people will say this isn t worth, the sacrifice i m making because leaders in washington can t get together to have a long-term budget for make