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Report: US to forgive Egypt $1B debt
Yitzhak Behorin
Published: 09.05.11, 09:14
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11 Talkbacks for this article
1. How do you say "money down a rathole" in arabic?
Bunnie Meyer ,   Los Angeles, CA USA   (05.09.11)
2. We're going to borrow from China to forgive Egypt ,...
split ,   US   (05.09.11)
3. Isn't it a bit too early to pour funds
Susya Bar Dror ,   IL   (05.09.11)
into the throats of the future islamic brotherhood, arch-enemies of Israel?
4. The Egyptians should thank their Muslim brother US President
Chaim   (05.09.11)
for that.
5. translated into english the democrats are spending again
zionist forever   (05.09.11)
The US is going to forgive Egypt its $1 billion debt. In other words the US is going to give Egypt $1 billion because they borrowed the money and don't have to pay it back It has given $150 million to make up for lack of tourism created by a a decision take by the Egyptian people to have an uprisings. Since when did America start paying countries for lost tourism? The US will give Egypt $1 billion in loan guarantees. How reliable is Egypt at paying its debts and will these loans end up being write offs? The US is willing to give insurance for US companies wanting to invest in Egypt. I thought government stayed out of private business in the US now we have the government offering guarantees to anybody who wants to invest there,. Spending happy Democrats Liberman and Kerry want to give even more money to Egypt. Egypt is just one country, will they start giving money to Syria, Jordan. Lebanon and any other poor arab country that might decide to have a revolution? If this is going to be new policy its going to get very expensive for the US taxpayers who benefit nothing from this and we have no idea who will run the country once the military caretaker government goes.
6. Congress has the final say
Sarah B ,   U.S.A. / Israel   (05.09.11)
.... but I do find myself idly speculating on what benefits the U.S. may reap from pouring money into an unstable country where it is will all likely end up in private pockets or in the coffers of the Moslem Brotherhood. No chemotherapy protocols likely to emerge here, folks!
7. Who In The presidents Administration
Wondering   (05.09.11)
decides this? I think that the MOB who raped Lara Logan Need To Be Brought to JUSTICE. And what assurances do the eygptians make on protecting foreign vistors of All Kinds? Just Wondering?
8. debt relief
RC ,   USA   (05.09.11)
The Egyptians are cozying up to Iran and talking about going back on treaties they made with Israel and the Liberals cheer them on by giving them monetary and probably military hardware incentives. The Islamists have already started burning Christian churches. We seem to be maintaining the very same people around the world who want to see us fall as a Nation. The oil prices are staying up, and who is forgiving our national debt?
9. Chaim: something must be wrong in your mind
Susya Bar Dror ,   IL   (05.09.11)
President Obam is not a muslim. You seem to belong to the same league as Shoah deniers.
10. I say cut all aid to every country once and for all
Sheik Rattle & Roll ,   USA   (05.09.11)
The US should not aid one country in the world. We are broke and we need to start acting like we we are broke. Imagine the money we could save if we didn't give it away. If we have to give money away we should give it to some of our cities that are laying off public employees. If the shoe was on the other foot not one country would ever give the US a penny.
11. NO $$! America's Financial Situation is Extremely Severe.
Linda Rivera ,   New York, USA   (05.09.11)
U.S. leaders don't care about America's dire financial situation. Helping and financing Islam is their top priority. An inferior health care plan that no one wants and CANNOT afford to pay. The threat to jail and/or fine those who don't purchase the government enforced plan. Massive spending as if there is no tomorrow. Fighting wars we have no money for. Massive borrowing. The Massive giving away of Billions of dollars every year to other countries, including the oil-wealthy Middle East, Hamas-controlled Gaza and the Palestinian Authority organization who fill their war chests, build mansions and laugh all the way to the bank with free infidel money. Whilst in America, homeless shelters are filled to capacity; tent cities have sprung up all over the U.S. filled with desperate, jobless, homeless, NEGLECTED Americans. Massive debt. The massive printing of paper money. There is no question that the total DESTRUCTION of America's economy is planned. The results will be horrifying. In the once wealthy and great nation of America, millions of Americans will become destitute, hungry and homeless with no money or resources to help them.
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