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Fayyad Warns: No Tax Money - No More PA
Arutz Sheva ^ | 25/11/11 | Elad Benari

Posted on 11/24/2011 2:45:59 PM PST by Eleutheria5

The Palestinian Authority may soon fail financially and cease to exist, its prime minister warned on Thursday.

Salam Fayyad warned that if Israel does not resume the transfer of tax revenues it collects for the PA, the entity will collapse economically and thus cease to exist. Already now, Fayyad claimed, the PA cannot pay salaries to its employees.

Channel 10 News reported that Fayyad made the comments following a meeting with Norway’s Foreign Minister Jonas Gahr Støre. According to the report, Fayyad said that the collapse of PA institutions “is advancing rapidly toward the point at which they will stop operating.”

“We have no money,” Fayyad was quoted as having said. “It’s not about donations or international assistance we receive,” he added, blaming the Israeli decision to freeze the taxes it collects for the PA as being the reason for the impending collapse.

A recent World Bank report, while admitting that the PA is undergoing a financial crisis, said the crisis was primarily due to the lack of donor countries fulfilling their pledges to fork over billions of dollars to Ramallah.

.....

(Excerpt) Read more at israelnationalnews.com ...


TOPICS: Extended News; Israel; News/Current Events; War on Terror
KEYWORDS: byebye; fayyad; israel; orelse; pa; palestinianauthority; payus
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I'm not even in the US, but I think I'll celebrate Thanksgiving, anyway. No more money for the PA, and they even threaten to stop existing. Oh, thank You! thank You! thank You!
1 posted on 11/24/2011 2:46:02 PM PST by Eleutheria5
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To: Eleutheria5

Maybe the PA officials can draw on the stolen money that they have in Swiss bank accounts.


2 posted on 11/24/2011 2:50:55 PM PST by Jonty30 (If a person won't learn under the best of times, than he must learn under the worst of times.)
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To: Eleutheria5

Excellent news.


3 posted on 11/24/2011 2:54:57 PM PST by SaxxonWoods (....The days are long, but the years are short.....)
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To: Eleutheria5

Amazing to me to find out that the enemy of Israel depends on funds from Israel to exist.

Why didn’t the Israeli’s cut off funds years ago?


4 posted on 11/24/2011 2:55:55 PM PST by Venturer
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To: Eleutheria5
Hmmm...wonder what chapter of bankruptcy this will fall under?

The court of world opinion is going to divide along party lines and the shortest link to the next check.

5 posted on 11/24/2011 2:59:29 PM PST by ptsal
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To: Eleutheria5

How’s a bout each time a single missile is sent over from Gaza the tax remittance fund is set back to zero...and remains at zero for a month.

And while we are at it turn off the fu#king electricity and gas!


6 posted on 11/24/2011 3:03:20 PM PST by Bobalu (More rubble, less trouble)
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To: Eleutheria5

At last some good news! Happy Thanks Giving everyone.


7 posted on 11/24/2011 3:06:45 PM PST by jpsb
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To: Eleutheria5
Oh, jeez... I can't be that simple. Can it???

If so, let's try cutting off the democraps.

8 posted on 11/24/2011 3:09:12 PM PST by LibWhacker
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To: Eleutheria5

I’m trying to see a downside here. Really, I am.


9 posted on 11/24/2011 3:10:35 PM PST by exDemMom (Now that I've finally accepted that I'm living a bad hair life, I'm more at peace with the world.)
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To: Eleutheria5

Look, let’s just cut through the bulls**t once and for all. Isn’t it time to just stamp out these cockroaches and put an end to their....and our.....misery?


10 posted on 11/24/2011 3:11:55 PM PST by RightOnline
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To: Eleutheria5

Perhaps they need to tax themselves.

Perhaps they need to get aid from the Greeks


11 posted on 11/24/2011 3:14:14 PM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: LibWhacker
I can't be that simple. Can it???

IT can't be that simple. (I can definitely be simple.)

12 posted on 11/24/2011 3:14:43 PM PST by LibWhacker
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To: RightOnline

If by “those cockroaches” you mean the PA upper echelons and true believers, and Hamas and PFLP and el Aqsa, et al., I’d say yes. But if you mean the Palis themselves, I’d say no. Just make an example out of these crumbums, or better yet help the Palis to do it themselves, and you’ll be surprised how cooperative the Palis will suddenly become. Offer them the option of citizenship in exchange for an oath of loyalty, and likely they’ll studiously ignore it to save their “dignity,” and secretly smile at how few take us up on it.


13 posted on 11/24/2011 3:16:30 PM PST by Eleutheria5 (Diplomacy is war by other means.)
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To: Jonty30

That is a sacred trust. Bismillah, we must guard it for future generations of our family.


14 posted on 11/24/2011 3:17:41 PM PST by Eleutheria5 (Diplomacy is war by other means.)
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To: Eleutheria5

For some strange insane reason this bit of information just tickles my funny bone.


15 posted on 11/24/2011 3:18:34 PM PST by The Working Man (The mantra for BO's reign...."No Child Left a Dime")
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To: bert

Maybe they can join the EU. There’s an “entity” that is about to self-dissolve. When it does, they can declare it a Palestinian State and burn Vidal Sassoon (Jooo!) products in the streets of Paris to celebrate.


16 posted on 11/24/2011 3:21:07 PM PST by Eleutheria5 (Diplomacy is war by other means.)
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To: The Working Man

Nothing strange about it. It’s like seeing a house falling and hoping the wicked witch of the East doesn’t look up.


17 posted on 11/24/2011 3:27:11 PM PST by Eleutheria5 (Diplomacy is war by other means.)
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To: exDemMom

Don’t strain yourself.


18 posted on 11/24/2011 3:40:04 PM PST by Eleutheria5 (Diplomacy is war by other means.)
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To: Eleutheria5

I can see the soup kitchens now, “Is this soup halal?


19 posted on 11/24/2011 3:45:36 PM PST by healy61
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To: Eleutheria5
Congressmen ask for probe into PA use of US funds>

maybe hammer time ?
20 posted on 11/24/2011 3:54:18 PM PST by stylin19a (obama - "FREDO" smart)
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