Posted on 09/22/2011 4:13:07 PM PDT by Iam1ru1-2
The Palestinian Authority's top monetary official warned Tuesday a cessation of foreign aid from the United States could lead to fiscal ruin and collapse, the PA's semi-official Maan news agency reported. "It would have a major impact on the economic situation in the West Bank, if the you lose $500 million [in US aid] from financial support for development in the West Bank," Palestinian Monetary Authority Governor Jihad al-Wazir said. "Really, the risk of a PA collapse is very real under the financial strain, without US assistance, without donor assistance in general," al-Wazir said. The United States, a major source of financing and aid for the PA, is sharply opposed to its bid for statehood at the United Nations and has promised to use its veto in the Security Council. Washington has warned of repercussions if President Mahmoud Abbas refuses to back down at the world body, with potential aid cuts and terminating ties being hinted at by both sides. US lawmakers have said they will pressure the Obama administration to cut American aid to the PA if they refuse to back down. Al-Wazir said it is unlikely US aid, if cut, would be made up by other donor countries. "I think it will be highly, very difficult at this stage, because Arab support also hasn't been forthcoming as much as it should have when it comes to budget support," said al-Wazir, who oversees finances in both PA enclaves and Hamas-run Gaza. "The biggest fear now is that if the Palestinians are turned back empty-handed, what is going to happen to the situation in the West Bank and in particular in Gaza," he said.
(Excerpt) Read more at israelnationalnews.com ...
Eff ‘em and feed them fish heads.
LLS
“The Palestinian Authority’s top monetary official warned Tuesday a cessation of foreign aid from the United States....”
.
Why should the US have to financially support the PA? Let Saudi Arabia, the Emirates and other Muslim countries, that are much richer, pick up that burden.
The West is incomprehensibly stupid and naive to support its enemies. Or perhaps it has already given up and have submitted to Islam.
It’s disgusting when the media talks about the Palestinian “economy”. It nothing but aid, bribes, and 5 gallons of cooking oil smuggled in from Egypt. Let them sink or swim. The necessity of keeping from starving might change their outlook.
Someone has to keep Satan alive./s
Corollary: US Taxpayers, led by the DNC and Obama,
have been financing terrorists who seek genocide.
That about sums it up except the funding did not start with Obama and Company. The GOP has sent plenty of money to these animals too. It is despicable that we fund this mess and would be no different if we had trillion dollar surpluses.
In the land business we call this a WIN-WIN.
Palestinians inhabit the only refugee camps in history that have celebrated their Golden Jubilee.
I can't imagine why people would want to live their lives in a refugee camp.
Well...just stop giving the terrorists aid then.
Jeesh!
I’m sick of hearing these towns and cities described as “refugee camps” like they’re all living in tents. There are buildings there with sewers and electricity and obviously schools that are used as ammo depots and staging grounds for rockets so enough of this refugee camp BS!
Cut off the money now. We need to stop all foreign aid to muslim countries
So, just how on God's green earth is this disaster somehow ready to become a sovereign and independent nation???
Let the Palestinean sympathetic Europeans fund the PA.
Amazing. Such a simple solution to such a huge problem.
Let their Saudi Lovers take care of them.
ML/NJ
Have been financing a genocidal terrorist state in violation of the Patriot act.
The US is going through a serious round of budget cuts in order to put our fiscal house in order.
So just to summarize...in the final analysis...moving forward:
You're on your own bitches!
Good. Let’s stop US aid
How dare we stop funding! Who would pay for the candy that they hand out to celebrate 9-11-01
Can we stop payment on what we’ve already given?
I never like Pennsylvania anyways.
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