Why Is Obama Rewarding Egypt With $250 Million In Aid?

March 3, 2013 5:08 pmViews: 1720

Sec of State John Kerry promises aid to Egypt's Morsi

It looks like the best way to deal with the tyrants of the world according to President Obama is to give them aid. U.S. Secretary of State John Kerry on Sunday gave away even more in aid than the $1 billion in F-16s and Abrams tanks to Egypt for President Mohammed Morsi’s supposed pledges of political and economic reforms by releasing an additional $250 million in aid to support the country’s “future as a democracy.” Mind you, we're talking about a so-called democracy where the leader is consolidating power and trashing their constitution (that sounds suspiciously like the United States, doesn't it?).

Yet Kerry also told the Muslim Brotherhood regime that the Obama administration will keep close watch on how Morsi, who came to power in June as Egypt’s first freely elected president, honors his commitment. Again, Morsi has already broken his commitment by giving himself sweeping powers over the press and the judiciary (and of course rigging the election).

“The path to that future has clearly been difficult and much work remains,” Secretary Kerry said in a statement after wrapping up two days of meetings in Egypt with Morsi, a deeply divided country where at least half of the population thinks their leader is a tyrant in the wake of the revolution that ousted longtime President Hosni Mubarak who is now in a military hospital.

Not just satisfied with all the American aid the Egyptian leader is receiving, Morsi is now trying to meet conditions to close on a $4.8 billion loan package from the International Monetary Fund. Our part of that agreement would unlock $1 billion in U.S. assistance promised by President Barack Obama last year and set to begin flowing with Kerry’s announcement. Look out Israel, look out for the rest of the Middle East, Islamic radicals will soon have our high tech weaponry and more of our (and that means your) money. Don't you just love what this administration is doing with your tax dollars?

Read more from the Associated Press below:

"The United States can and wants to do more," Kerry said. "Reaching an agreement with the IMF will require further effort on the part of the Egyptian government and broad support for reform by all Egyptians. When Egypt takes the difficult steps to strengthen its economy and build political unity and justice, we will work with our Congress at home on additional support."

Kerry cited Egypt's "extreme needs" and Morsi's "assurances that he plans to complete the IMF process" when he told the president that the U.S. would provide $190 million of a long-term $450 million pledge "in a good-faith effort to spur reform and help the Egyptian people at this difficult time." The release of the rest of the $450 million and the other $550 million tranche of the $1 billion that Obama announced will be tied to successful reforms, officials said.

Separately, the top U.S. diplomat announced $60 million for a new fund for "direct support of key engines of democratic change," including Egypt's entrepreneurs and its young people. Kerry held out the prospect of U.S. assistance to this fund climbing to $300 million over time.

Recapping his meetings with political figures, business leaders and representatives of outside groups, Kerry said he heard of their "deep concern about the political course of their country, the need to strengthen human rights protections, justice and the rule of law, and their fundamental anxiety about the economic future of Egypt."

Those issues came up in "a very candid and constructive manner" during Kerry's talks with Morsi.

"It is clear that more hard work and compromise will be required to restore unity, political stability and economic health to Egypt," Kerry said.

Related Posts For You: