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[ 4 posts ] |
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IF this don't piss you off..............
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cmiller73
MMT 1000 Club
Joined: Tue Jan 12, 2010 12:42 pm Posts: 2161 Location: Houma,LA
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 IF this don't piss you off..............
After all the BS about the f'n sequester, we have to see this happen? WTF is wrong with our GOV'T? They use scare tactics on the American people then pull crap like this. Man-o-man. Unless something changes, we are all screwed.
Why John Kerry Gave $250 Million to Egypt By Connor Simpson | The Atlantic Wire – 19 hrs agoEmail 0Share 100Tweet7Share0PrintJohn Kerry announced the U.S. will give $250 million to Egypt on Sunday as a reward for President
Mohammad Morsi's pledges for economic reform. If his government actually succeeds at reforming the country's economy, the U.S. will give him close to $1 billion.
Yes, you read that right. The President announced last year the U.S. would provide $1 billion in economic relief for Egypt. This $250 million is the first payment from that plan. It's already been approved by Congress, so it's not like it was a surprise handshake deal Kerry made on Sunday. Morsi had to sit down and convince Kerry he was serious about economic reform in the Middle Eastern country before Kerry would approve the payment. At some point over their meeting Sunday, Morsi succeeded, and so now he gets paid.
This aid package is the first step towards Morsi's ultimate goal: closing a $4.8 billion loan package from the International Monetary Fund. Egypt is desperately trying to get the loan approved to deal with an ever growing budget deficit, but talks have stalled over the last year. The negotiations will resume this month when the IMF team returns to Egypt to try and get this deal done. "The United States can and wants to do more," Kerry said in a statement. "Reaching an agreement with the IMF will require further effort on the part of the Egyptian government and broad support for reform by all Egyptians. When Egypt takes the difficult steps to strengthen its economy and build political unity and justice, we will work with our Congress at home on additional support."
But Kerry warned that the rest of the U.S. financial aid package is not a guarantee. The U.S. will keep a close eye on his government through the scheduled April elections to make sure everything in Egypt seems on the up-and-up. "The path to that future has clearly been difficult and much work remains," Kerry said. Morsi has faced criticism over the last year for over-extending his Presidential powers as the first freely elected President in Egypt. Instead, they say, his government has behaved more like former President Honsi Mubarak, who will face a new trial nine days before the coming election. The U.S. will most likely be watching very closely.
_________________ Copperhead 12Hp SD on 1442 Alweld
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Mon Mar 04, 2013 11:30 am |
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eljefe
MMT Elite Member
Joined: Thu Jan 13, 2011 7:32 am Posts: 5210 Location: Beaumont Texas
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 Re: IF this don't piss you off..............
you hadnt figured out the usa is f'ed? buy guns and ammo and get ready.....the sh!t will hit the fan someday soon......
_________________ You can't see the sunrise if your eyes are closed. dying aint much of a livin....
Black ops IITX marshstalker
1840 WC www.wccustomboats.com fuel injected 25 GTR
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Mon Mar 04, 2013 11:32 am |
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tinman454
MMT Addict
Joined: Mon Feb 07, 2011 10:47 am Posts: 732 Location: Ontario ,Canada, eh!
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 Re: IF this don't piss you off..............
I saw somewhere they were buying a bunch of tanks and jet fighters from the U.S.is this part of the deal? They wanted to make shure they would not sell them to Iran if they got them!
_________________ 08 35 mudbuddy, gator traxx 3 man hide.
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Mon Mar 04, 2013 12:16 pm |
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nautibynature
MMT Pro Member
Joined: Sun Nov 20, 2011 11:17 pm Posts: 408
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 Re: IF this don't piss you off..............
They gave them tanks and F16's... Not sold!
_________________ 1844 DFOU CUSTOM, PRODRIVE 36 EFI
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Mon Mar 04, 2013 12:52 pm |
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