Fareed Zakaria GPS – CNN 03-22-15

Fareed Zakaria said:

  • The greatest vulnerability for Israel is its legal jurisdiction over 4.5 million Arabs who have neither a state nor a vote – a situation that cannot last in a democratic society.
  • The Stockholm IPRI says Israel’s defense budget is larger than that of Egypt, Jordan, Syria and Lebanon combined.
  • The UN says the US has taken in the equivalent of only .08% of its population in refugees, versus 1% for Sweden and 9% for Jordan.
  • IHS Global Defense Trade Report says the worldwide defense market rose more than 13% to a record $64 billion in 2014; Saudi Arabia overtook India as the world’s top importer and China was third.

Martin Indyk said Netanyahu has alienated just about every world leader including Israel’s closest friends Merkel and Sarkozy, by doing many things which contradict the promises that he has made them.

Elliot Abrams said the situation with Israel is the worst in a very long time because of Obama’s terrible personal attitude toward Netanyahu.

Michael Lewis said:

  • The technology is almost getting rid of Wall Street, but the resulting complexity and opacity still needs gatekeepers.
  • In the 1980s, the kind of young person who went to Wall Street changed from being one who was in the bottom of their class at Yale to one who was at the top and who can cause a lot more trouble – very bright people without a particular ambition except to be a success type.
  • Wall Street women are kept largely separate from the risk taking decisions. However, after the financial crisis, women rose to positions that were sufficiently senior that they could be plausibly blamed when things went wrong and were.

Watch the video at http://globalpublicsquare.blogs.cnn.com/category/gps-episodes/ or read the full transcript

at http://transcripts.cnn.com/TRANSCRIPTS/1503/22/fzgps.01.html