web analytics
March 5, 2015 / 14 Adar , 5775
At a Glance
News & Views
Sponsored Post


PYRAMID SCHEME

Egypt Teeters on Bankruptcy, Promises Reforms and Gets US Money

The Muslim Brotherhood has won its reward for driving the Egyptian into the ground - $190 million in immediate aide from the US n return for promises of reforms it promised t carry out a year ago.
Kerry brings money for Morsi' 'promises' to carry out reforms, which he promised a year ago.

Kerry brings money for Morsi' 'promises' to carry out reforms, which he promised a year ago.
Photo Credit: MEMRI TV

U.S. Secretary of State John Kerry carried his “cash for promises” plan to Egypt on Sunday, granting the stumbling Muslim Brotherhood regime $190 million immediately following Egyptian President Mohammed Morsi’s “promises” to carry out economic and political reforms.

The money is part of $450 million commitment by the Obama administration to help out the regime, whose economy is in shambles two years after the Arab Spring rebellion resulted in the ouster of Egyptian President Hosni Mubarak.

Kerry explained that Cairo needs the money now because of the country’s “extreme needs” and that Mori’s promises to enact reforms, which he promised to do when elected last year. Instead, he tried to usurp even more power for himself while the post-Mubarak economy disintegrated.

The new Secretary of State is outdoing his predecessors in his optimism. He said that the American government also is setting up a separate $60 million funds for direct support to Egyptian businessmen and young people.

Morsi’s promises will satisfy conditions for a $4.8 billion in loans from the International Monetary Fund loans, according to Kerry. Two of those conditions are to raise taxes and reduced energy subsidies.

With parliamentary elections coming up in April, those moves would infuriate an already angry public.

The loans are considered to be a seal of approval that Egypt is on the way to recovery.

Kerry has called his 11-day junket to nine countries a “listening tour.” and said in Cairo, “I emphasize again, as strongly as I can, we’re not here to interfere, I’m here to listen.”

However, not everyone wants to talk to Kerry. Several opposition parties refused to meet with hymn because of the Obama administration’s support for the Muslim Brotherhood regime. Even before the regime took over, President Barack Obama broke precedent by sending American officials, including then-Senator Kerry, to meet with Muslim Brotherhood officials, who formerly had been blackballed.

Egyptian Foreign Minister Mohamed Amr welcomed Kerry as “friend” and said Egypt has certain expectations from the United States, such as to make sure that to “rid the Middle East area from nuclear weapons and weapons of mass destruction in genera.” That is diplomatic language for forcing Israel to own up to its nuclear capacity and to surrender them – at the same Iran is playing for time in its race for a nuclear weapon, which presumably would be aimed at Israel.

About the Author: Tzvi Ben Gedalyahu is a graduate in journalism and economics from The George Washington University. He has worked as a cub reporter in rural Virginia and as senior copy editor for major Canadian metropolitan dailies. Tzvi wrote for Arutz Sheva for several years before joining the Jewish Press.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

6 Responses to “Egypt Teeters on Bankruptcy, Promises Reforms and Gets US Money”

  1. Nancy Rochelle says:

    This Boils My Blood!

  2. How can our government be so naive? War planes to the Muslim brotherhood? Money to Morsi's governmemt? He will use both to fight Israel, for heaven's sake!

  3. Charlie Hall says:

    In action, but not in rhetoric, the Morsi government is actually doing much better than the Mubarak regime. The Suez Canal is still open to US warships — in fact they get preference. They have flooded smuggling tunnels to Gaza. They have denied Hamas an office in Cairo. They are cracking down on terrorists in the Sinai. And the ceasefire it brokered with Hamas lasted for three months — which is about three months longer than any previous ceasefire.

    Domestically, Egypt is a more free country than it was under Mubarak.

    And in any case, even with the new F-16s, Egypt's Air Force is no match for Israel's. It is entirely possible that this is a bribe to the Egyptian military to keep Morsi on a short leash.

  4. Lewie DeVore says:

    For all those that voted for this goof named Obama, you'll be sorry. This pisses me off so bad. He KEEPS buying other countries loyalty. NOT GOOD!

  5. Diana Shepherd Harrell says:

    Obama is a radical muslim, so why would he not do everything in his power to help spread Islam all over the world. Why do ya think he wanted to be President…….it sure as hell was not to help America.

  6. Diana Shepherd Harrell says:

    I agree and this just shows how EVIL he is……..You do know he is a radical muslim, so he will do everything in his power to spread Islam all over the world. Our hard earned dollars is going to his muslim brotherhood along with our fighter planes and tanks. Obama has 1.6 BILLION hollow point bulletts…enough to kill every man,woman and child in the USA 5 times. He has all those young men in training under the guise of homeland security and the # 1 question was will they fire on American citizens…….still he has not been brought up on treason charges, or impeachment…….he is like a cancer on our country….The worthless SOB can't seem to be stopped!

Comments are closed.

Current Top Story
Iran's Bushehr nuclear facility.
US Secy of State Kerry Says ‘Demanding Iran Capitulate is Not a Plan’
Latest News Stories
Ron Dermer on Fox

Ron Dermer responds to Netanyahu critics following Netanyahu’s speech.

Iran's Bushehr nuclear facility.

Secy of State John Kerry updates media on the progress made in talks with Iran in Switzerland before leaving for the US; talks resume on March 15.

An Arab sheikh hands out flowers in a gesture of brotherhood and good will.

Researchers at the University of Haifa find that it is better for customer service employees to express positive emotions rather than show neutrality in their work.

PA/PLO Chairman Mahmoud Abbas addresses Central Committee convention in Ramallah.

Palestinian Authority and PLO Chairman Mahmoud Abbas says Israel will never be accepted as a Jewish State, but played coy about security issues.

Ferguson police officer cleared by Justice Department of civil rights charges in shooting of Michael Brown.

When Hamas launches rockets at Tel Aviv, only 100,000 people will need to seek shelter, instead of 400,000.

Two Islamic holidays have officially been added to the New York City public school calendar, closing schools on those days starting next year.

It was probably the first time that the marble relief portrait of Moses hanging in the House Chamber ever received such public acknowledgement.

If President Obama isn’t going to listen to Netanyahu, at least he should listen to the concrete proposals by members of his own Democratic party.

Eli Yishai is starting to surge upward.

State Dept. press briefing reporter: ‘Netanyahu said Iran and ISIS are working together.’ No, he said the opposite.

Andrea Shea King singled out the Black Congressional Caucus in a racist rant.

One issue the anti-Netanyahu parties and their media boosters don’t talk about is daily terror.

The anti-Bibi barrage last week cost him a grand total of two seats, which went to other parties but not to Bujie and Tzipi.

Rav Ovadia Yosef’s hat and robes made an appearance at a Shas political rally on Tuesday.

Don’t listen just to Bibi, President Obama, but to your own experts, right there in Washington DC.

More Articles from Tzvi Ben-Gedalyahu
Tea Party radio host Andrea Shea King.

Andrea Shea King singled out the Black Congressional Caucus in a racist rant.

View of car after Jerusalem Arabs ambushed it Tuesday in the Shimon HaTzadik neighborhood.

One issue the anti-Netanyahu parties and their media boosters don’t talk about is daily terror.

The anti-Bibi barrage last week cost him a grand total of two seats, which went to other parties but not to Bujie and Tzipi.

She was brought to tears and “saddened by the insult to the intelligence of the United States.”

The Prime Minister showed AIPAC a map of Iranian-backed Hezbollah attacks in five different continents.

If Iran is serious, Netanyahu can skip his speech and tell the Air Force to rev up its engines.

The anti-Netanyahu crowd, in the spirit of topsy-turvy Purim, drummed up support for his speech.

Iran, like the Palestinian Authority, has one mindset. A deal is not peace. It is an evil piece of paper.

Printed from: http://www.jewishpress.com/news/egypt-teeters-on-bankruptcy-promises-reforms-and-gets-us-money/2013/03/03/

Scan this QR code to visit this page online: