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Author Topic: In Mid-East Speech, Obama Will Announce Aid Package For Egypt And Tunisia  (Read 954 times)

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Offline thundley4

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In Mid-East Speech, Obama Will Announce Aid Package For Egypt And Tunisia
« on: May 18, 2011, 08:21:45 PM »
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President Obama is ready to put money behind his rhetoric. As part of his speech on the Middle East and North Africa Thursday, Obama will announce an economic aid package for Egypt and Tunisia — the two countries that have seen dictators actually relinquish power this year.

The package includes $1 billion in debt relief and an additional $1 billion in loan guarantees that will be administered by the Overseas Private Investment Corp. The money would be spread out "over a few years," according to one senior administration official, who spoke in a conference call with reporters Wednesday.

Obama will also announce that multilateral institutions such as the World Bank and the International Monetary Fund will provide "several billion dollars" in additional funding.

Despite the relatively modest sums involved, White House officials said the economic package will provide "concrete support" for countries taking their initial steps toward democracy. "It's a comprehensive approach, designed to foster economic development in support of democratic transition," one senior official said.
Alternately, the headline should be: Obama announces aid to Muslim Brotherhood to help destroy Israel.
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Offline Rebel

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Re: In Mid-East Speech, Obama Will Announce Aid Package For Egypt And Tunisia
« Reply #1 on: May 18, 2011, 08:26:12 PM »
Turns down Texas and Virginia's request for aid, but gives to two Muslim nations that hate us. IMPEACH THIS MOTHER****ER NOW!  :censored:

NOT to mention, we're running a 1.6 TRILLION dollar f'n deficit! We're broke! If I make 5K, but my outgo per month is 6.6K, I'm broke and bankrupt, I just haven't filed yet.  :bird: Obama :bird:
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Offline DumbAss Tanker

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Re: In Mid-East Speech, Obama Will Announce Aid Package For Egypt And Tunisia
« Reply #2 on: May 19, 2011, 08:16:34 AM »
You can't buy friends in the MidEast, you can only rent them.  With the Muslim Brotherhood in the driver's seat, it'll ultimately be money down a rat-hole.
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Offline SSG Snuggle Bunny

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Re: In Mid-East Speech, Obama Will Announce Aid Package For Egypt And Tunisia
« Reply #3 on: May 19, 2011, 09:05:24 AM »
Quote from: Rebel on May 18, 2011, 08:26:12 PM
Turns down Texas and Virginia's request for aid, but gives to two Muslim nations that hate us. IMPEACH THIS MOTHER****ER NOW!  :censored:

NOT to mention, we're running a 1.6 TRILLION dollar f'n deficit! We're broke! If I make 5K, but my outgo per month is 6.6K, I'm broke and bankrupt, I just haven't filed yet.  :bird: Obama :bird:

I'm not really that upset.

Think of it as a money counterfeiting crime ring giving $20 tips to the valet.
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