Six Things the $450 Million Aid to Egypt Will Pay For ....Fucking perfect.
"The U.S. government is about to add $450 million to its $16 trillion debt for the sake of Muslim Brotherhood-run Egypt.
According to the New York Times, the emergency cash transfer is part of a $1 billion aid package pledged in May. The original plan was to provide $190 million as soon as possible, but the declining economic conditions of Egypt convinced the Obama Administration to more than double that amount. Another $260 million will be delivered once Egypt secures a $4.8 billion loan from the International Monetary Fund.
And it doesn’t stop there. The Times reports:
“In addition to the $1 billion in assistance, the administration is working with Egypt to provide $375 million in financing and loan guarantees for American financiers who invest in Egypt and a $60 million investment fund for Egyptian businesses. All of that comes on top of $1.3 billion in military aid that the United States provides Egypt each year (emphasis mine).”
Here are six things that American taxpayers’ money will pay for once it arrives in Egypt:
1. The Unraveling of the Peace Treaty With Israel.
The pledge by Egypt’s Muslim Brotherhood President Mohammed Morsi to honor the peace treaty with Israel means nothing. The Brotherhood’s line has always been that Israel is the one violating, and therefore nullifying, the treaty.
After a meeting with Secretary of State Clinton, the Egyptian Foreign Minister said, “Mr. President [Morsi] has repeatedly reaffirmed, on all occasions, that Egypt continues to respect all treaties signed as long as the other party to the treaty respects the treaty itself.”
He then implied that Israel was in violation of the treaty. “…Egypt’s understanding of peace is that it should be comprehensive, exactly as stipulated in the treaty itself. And this also includes the Palestinians, of course, and its right to – their right have their own state on the land that was – the pre June 4, 1967 borders with Jerusalem as its capital.”
Secure America Now’s excellent new pamphlet about Morsi quotes him as saying on April 24, 2004 hat a parliamentary committee is needed “to draft a popular political program to restructure Egyptian-American relations and set a timetable to dispose the so-called peace agreement with the Zionist entity.”
There is no reason to believe that his opinion has changed, especially when the Brotherhood openly states its objective as the destruction of Israel. The Brotherhood Supreme Guide, Mohammed Badie, said on June 14 that Muslims are required to perform “jihad of self and money” for the sake of “imposing Muslim rule throughout beloved Palestine.”