Reaganites loved the concept of creating a new world order led by US-backed militias in various corners of the world. The Saudi government was central in this thinking, working closely with the Americans to facilitate weapons training for the once anti-Soviet Islamic forces. Unfortunately, most of these individuals and groups are now the very same people fighting America in Iraq, Afghanistan et al.
Nobody says it better than Cole:
"The American Right, having created the Mujahideen and having mightily contributed to the creation of al-Qaeda, abruptly announced that there was something deeply wrong with Islam, that it kept producing terrorists."