From the “Brother, can you spare a dime?” file —
{this is a cross-post}
http://www.freerepublic.com/focus/f-news/2666770/posts
Egypt debt rating downgraded by Standard & Poor’s
San Francisco Chronicle ^ | 02/01/2011 | TAREK EL-TABLAWY
Posted on Tuesday, February 01, 2011 9:47:45 AM by FreeAtlanta
(02-01) 07:04 PST CAIRO, Egypt (AP) — Standard & Poor’s on Tuesday downgraded its rating on Egypt and warned that another cut was possible as a week of protests demanding the ouster of the president crippled the nation,......posted using frpa
(Excerpt) Read more at sfgate.com ...
I would also predict that because of things like this, our own Government will not only continue Bailing Out Egypt, they will double the amounts of aid.
Of course this will then allow the MB, like Hezbollah, to channel USA funds to support radical Islamofascism all throughout the Islamic World. Similar to what Arafat did with Clinton Money, ($20 Billion) which was what helped get Hezbollah established.
Imagine that, our own US Federal money will help fund more attacks on Israel as well as our own interests in the region. Obama has to understand this, he cannot be that stupid can he?