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 ...
Iran arms them and we finance their X Boxes and flat screen TVs.
Just out of curiosity, why does it have to come from the US? Why not from the Europeans who are so attached to these Palestinians?
If you’d like to be on or off, please FR mail me.
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Seems like this would argue against a state.
This aid to the Palestinians been going on at least since the Carter days and probably before that.
Not one president in all that time has made a serious effort to cut the funds off or to use the money as leverage to force them to act somewhat human.
WHAT are we waiting for?
We gave Solyndra the same amout aas the PA....hey...money’s easy to come by...give them both MORE!! /sarc
Just why does the US taxpayer give 1 cent to these subhuman losers? Maybe mrs arafat can get up off her fat arse in her chateau in france to write them a check from her stolen billions????? Disgusting.
This is not aid....this is the jizya tax. Not sure of the
spelling, but it’s what muslimes expect from infidels.
To headline only: Seems this would be the best argument for the US cutting off aid.
GOOD! Let them collapse. Then begin new housing in Jordan to prepare for the mass migration to the true Palestinian state.
They still have the greenhouses, don't they? < / sarcasm >
So what are we waiting for??!
Pull it!
Oh, I forgot who’s prez. Adolph Obama.
My mind still boggles that we are giving $500 million a year to these terrorists.
I am angry that we give a plug nickel to anybody who is the enemy of our friends. It just defies logic.
Yes, though they got along before we ramped up aid. Our aid to UNWEA, that might be more effective. We should probably end all of it.
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...
So, what's the problem?
The Islamic world controls more than six million square miles in the Middle East. It is uniting to add 11,000 more square miles---the tiny country of Israel. (Mike Evans)
That would be a real shame. Maybe their muslim brothers would pick up the slack with some money and a few acres of ground to call home.
DEFUND socialist/totalitarian collectives, foreign and domestic. NOW. Let them live or die on their own.
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