web analytics
August 30, 2015 / 15 Elul, 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
Italian Prime Minister, Matteo Renzi (3R) speaks with Israeli Prime Minister Benjamin Netanyahu (3L) during their meeting at Palazzo Vecchio in Florence, Italy .
Netanyahu: No Objection to ‘Civilian” Nuclear Program in Iran
Latest News Stories
Italian Prime Minister, Matteo Renzi (3R) speaks with Israeli Prime Minister Benjamin Netanyahu (3L) during their meeting at Palazzo Vecchio in Florence, Italy .

PM Netanyahu told Italian PM Renzi during weekend talks in Florence Israel does not object to a “civilian” nuclear program in Iran.

The car headed towards a group of four soldiers in Hebron, striking one.

Prince Albert II of Monaco

The ruler of the Principality of Monaco, Prince Albert II, on Thursday issued a formal apology for his country’s role in deporting Jews to Nazi death camps during World War II.

Obama and Jewish Organization Leaders

Speaking to Jewish leaders and the American Jewish community on Friday afternoon, President Barack Obama said he’s had arguments with the Israeli leadership because he considers them his friends.

She denies that her criticism of Republicans wanting to put immigrants in “boxcars” was a reference to the Holocaust.

Iranian President Rouhani said Saturday the parliament should not vote on the nuclear deal so that it will not become a legal obligation.

The airport workers; committees new excuse to shut down the airport is to hold a solidarity strike with the Israel Broadcasting Authority.

The daily also accuses the US of being the “biggest settlement country” that “enslaves millions of Hispanics.”

Swiss Ambassador Portrays U.S. and Iran as doves of peace defecating on Netanyahu.

He will arrive Sunday and will be “updated on strategic issues,” meaning Iran.

The boundary, enabling Jewish students to carry on Shabbat, will be made of plastic “lechies” on utility poles.

The café opened in 1939 and was closed n 1949.

A growing number of Arabs in Gaza are calling on people to burn down Hamas institutions.

An Oxford University professor’s new book uncovers what most Israelis know – that the Americans are not “Wild West” cowboys.

A report by the entity responsible for ensuring the peaceful development of nuclear energy worldwide and the one upon which the world depends for monitoring Iran’s nuclear activity revealed that over the past few months Iran has been working on and adding to a building at its Parchin site. Parchin is an Iranian military complex located southeast of Tehran. It […]

Israeli artists build an ice wall at the Davidson Center, near the Kotel in Jerusalem. The wall was based on a piece by American artist Allan Kaprow who built something similar in Israel, in 1980, perpendicular to the Temple Mount. Photos by Yonatan Sindel / Flash90.

More Articles from Tzvi Ben-Gedalyahu
Hillary Rodham Clinton.

She denies that her criticism of Republicans wanting to put immigrants in “boxcars” was a reference to the Holocaust.

Presidents Rouhani and Obama.

Iranian President Rouhani said Saturday the parliament should not vote on the nuclear deal so that it will not become a legal obligation.

The airport workers; committees new excuse to shut down the airport is to hold a solidarity strike with the Israel Broadcasting Authority.

The daily also accuses the US of being the “biggest settlement country” that “enslaves millions of Hispanics.”

He will arrive Sunday and will be “updated on strategic issues,” meaning Iran.

The boundary, enabling Jewish students to carry on Shabbat, will be made of plastic “lechies” on utility poles.

A growing number of Arabs in Gaza are calling on people to burn down Hamas institutions.

An Oxford University professor’s new book uncovers what most Israelis know – that the Americans are not “Wild West” cowboys.

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: