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Brian4Liberty
11-28-2012, 12:49 PM
With Egypt's Morsi taking too much power upon himself (imagine that), US aid to Egypt is being questioned. But don't worry kind taxpayers, for there is no doubt that your money will make it's way to Egypt no matter what happens.


WASHINGTON, Nov 26 2012 (IPS) - The U.S. government is suggesting that pending aid worth billions of dollars for Egypt may be withheld unless President Mohamed Morsi dials back on recent moves, announced Thursday, that would consolidate his power and put his legislative decisions above judicial review.

“Everybody is watching how this goes forward,” U.S. State Department spokesperson Victoria Nuland noted Monday. “All of the support that we provide for Egypt, whether it’s political support, economic support, has been in support of an Egypt that is becoming increasingly democratic, that will have a constitution that protects all of these rights. So that’s the trajectory that we want to see Egypt on.”

Nuland also intimated that the United States could still oppose a pending 4.8-billion-dollar loan from the International Monetary Fund (IMF), agreed upon last week following two years of negotiations. Although opposed by many in Cairo’s intelligentsia over worries of enforced austerity measures, the loan has been heralded as needed to jumpstart Egypt’s stuttering economy, which has never picked back up following the roiling of the Arab Spring and is nearing insolvency.
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http://www.ipsnews.net/2012/11/pressure-builds-for-u-s-response-to-egypt-power-grab/

A pending loan is also in the works? Debt is the preferred drug, enriching the dealers, and dooming the users. The economic hitmen are busy bees in Egypt. The subtle irony here is that the loan is being portrayed as leverage. In reality, the loan is probably mandatory. Leaders that refuse to take loans have been known to die in untimely accidents.


A bipartisan task force is recommending that President Obama rethink the country’s approach to Egypt, and pursue a “quid pro quo” relationship that conditions American aid on the new Islamist government’s cooperation on terrorism and other issues.
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For example, the task force suggested devoting part of United States aid to Egypt, starting at $100 million and growing over time, to encourage the government to do more to fight terrorists in the Sinai Peninsula. Mr. Obama and Congressional leaders should also tell Cairo that human rights violations or a retreat from democratic reform would make it harder to maintain a beneficial relationship.

At the same time, the task force said Washington should expand its contacts with political opposition in Egypt and recommit to spending tens of millions of dollars to support the development of civil society. “Now is not the time to trim the sails of U.S. outreach,” the report said. “To the contrary, now is the time to redouble U.S. effort to talk with the broad array of actors in Egypt’s fluid political environment.”

Money buys "civil society"? While civil society is a noble cause, it must grow organically among the people and the culture. There is no evidence at all that money can buy that. In fact, quite the opposite is usually true. Dumping money will lead to less civility. Once again, US taxpayer money is being used to pave the road to hell, under the guise of good intentions.

Brian4Liberty
11-28-2012, 02:56 PM
A new politician named Buchanan? Never heard of him before.


Buchanan: End U.S. aid to Egypt

U.S. Rep. Vern Buchanan is increasingly becoming a strong critic of Egypt’s new government.

Last week the Longboat Key Republican called for the U.S. to suspend all foreign aid to Egypt after Egyptian President Mohamed Morsi openly sided with Hamas in the Gaza Strip over Israel. And this week, Buchanan put out a press release blasting Morsi’s most recent actions in declaring himself above judicial review over the weekend.

“The actions taken by President Morsi are unacceptable and more in line with those of the dictator he replaced,” Buchanan said.

Egypt receives over $2 billion in U.S. aid, according to Buchanan’s office.
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http://politics.heraldtribune.com/2012/11/27/buchanan-end-u-s-aid-to-egypt/

Brian4Liberty
11-29-2012, 11:51 AM
IMF loan still on track:


BERLIN (AP) — Egypt’s foreign minister says the political unrest roiling his country after President Mohammed Morsi seized more power should not affect Egypt’s negotiations with the International Monetary Fund for a $4.8 billion loan.

Mohammed Kamel Amr told reporters in Berlin after meetings Thursday with German Foreign Minister Guido Westerwelle that Morsi’s move last week to grant himself near-autocratic powers — at least until a new constitution is adopted and parliamentary elections are held — was a domestic issue.

He says ‘‘what is happening (in Egypt) will not have an effect on the agreement with the monetary fund.’’

The IMF deal agreed to earlier this month would support Egypt for 22 months. The IMF’s executive board still needs to approve it, and is expected to vote on the deal in mid-December.

http://www.boston.com/news/world/europe/2012/11/29/egypt-imf-deal-not-endangered-political-unrest/story.html

Giuliani was there on 911
11-29-2012, 12:08 PM
the only reason we've given Egypt aid throughout the years is so they would make nice with Israel.

Brian4Liberty
11-29-2012, 04:56 PM
Isn't this great for the people of Egypt? They will raise money to pay back IMF loans by "expanding the country's tax base".


Egypt has said it plans to rein in its budget deficit from about 11 percent of gross domestic product in 2011/12 to 8.5 percent in the financial year that ends in June 2014 by better targeting subsidies and expanding the country's tax base.

http://www.chicagotribune.com/news/sns-rt-us-egypt-germany-imfbre8as1gy-20121129,0,3731031.story

HOLLYWOOD
11-29-2012, 06:03 PM
Taxation is slavery of the state to control the masses.

It steals the wealth to ensure the people cannot empower themselves or advance, but also keeps funding the power of the state to maintain that stranglehold on the people, whether it be through phony/corrupt elections or politicians.

vita3
11-29-2012, 06:33 PM
Ron Paul should push thru a reduce all foreign giveawys by 20% bill. That could pass & be a realistic first step to curbing foreign policy nightmare.

Brian4Liberty
11-30-2012, 02:10 PM
A new article from Time on Egyptian Aid. Seems they want to tie US aid to religious freedom and women's rights. Does Hillary have the balls to make that stick and end the aid when it doesn't happen?


...The Obama Administration early on in Morsi’s tenure “registered the importance of respecting religious freedom and women’s rights,” says a White House official. “It’s part of our ongoing dialogue with them. Those communities have concerns but we’ll see how things develop in the coming months and years… They understand our concerns.” There has increasingly been a push in Congress to tie Egypt’s aid to progress in minority and human rights. “I do believe that when you look at U.S. tax payer dollars that have been used for Egypt we need to do everything that we possibly can to continue the development of a democracy that underscores women rights and religious freedom,” says House Rules Committee Chair David Dreier, a California Republican with long ties to Egypt. “Democracy is about more than elections.”

“Already in the appropriations law from last year, Congress inserted language on minority rights, freedom of press and religion and the administration is going to have to determine if Egypt is making progress along those lines in order to release the funds,” says Tamara Wittes, head of the Brooking’s Institution’s Saban Center for Middle East Policy. “The bottom line is that it complicates significantly the ability of the U.S. government to make major assistance available in a timely way.”

U.S. economic aid to Egypt is relatively small – only about $200 million a year. But U.S. military aid to Egypt is enormous: $1.3 billion a year. And the U.S. has huge influence over the Washington-based International Monetary Fund, which announced $4.8 billion in loans to Cairo just before the latest protests greeted Morsi’ decree. The IMF has since said it is reviewing the situation.
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Read more: http://swampland.time.com/2012/11/30/washington-warily-eyes-egypts-constitutional-crisis/