Saudi Arabia as Washington's Condom

While Fahrenheit 9/11 makes Saudi Arabia in general (as well as the Saudi royals, the bin Laden Family, and other Saudi investors in particular) seem like Washington's puppet master, one of the jokes that I've heard several Palestinians tell points to an opposite role for Saudi Arabia: when Washington wants to screw Arabs, it wears Saudi Arabia as a condom. I wonder what the audience of Fahrenheit 9/11 would think of this joke.