As the Muslim Brotherhood stands to take over Egypt and Egyptian Muslims are burning down Churches, our
As reported by the (WaPo) — The Obama administration has decided to provide about $1 billion in debt relief for Egypt, a senior official said Saturday, in the boldest U.S. effort yet to shore up a key Middle East ally as it attempts a democratic transition.
The aid would be part of a major economic aid package that also includes trade and investment incentives, officials said. It is intended to help stabilize Egypt after demonstrations forced out longtime President Hosni Mubarak on Feb. 11.
While the Obama administration has been preoccupied of late with the war in Libya and protests in Syria, it sees Egypt as even more critical for U.S. interests. Washington has long regarded Egypt as a moderating influence in the Middle East. With one-quarter of the world’s Arabs, Egypt could emerge as a democratic model in the region — or, if its revolution fails, a locus of instability or extremism.
Economic assistance for Egypt and Tunisia is “fundamental to our capacity to support their democratic transitions,” a senior State Department official said on the condition of anonymity. He said that officials were in the midst of “intense policy formulation” but that the economic package wasn’t finished. Parts of it will need congressional approval.
6 comments:
"This is what democracy looks like"? We said this would happen and the left-wingers couldn't see it. I can't remember when the last time the lefties called it right.
Problem is, Chris, their heads are so far buried on the sand they refuse to listen when we bring this all out in the open.
And this is why we blog, to get the word out.
Have you two heard about the youth movement to overthrow our economic system? They are planned for this summer.
I think it's time to get ready for harder and even violent time in the near future.
Thanks, Anon for the segue, thats my next post!
We're already giving them billions a year, a bribe to cooperate with Israel so Israel won't have to kick their pathetic asses again, so I don't understand this.
A hand of friendship to the "new" Egypt? Sure. More money (borrowed from China) No.
Good point, Silver. Read somewhere that this shelling out our tax dollars has been going on consistently the past two years or so. Money that really isn't ours.
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