Obama Prepares Huge Bailout for Muslim Brotherhood (remember this 9/5/12)

Wednesday, 05 September 2012 11:50 Obama Prepares Huge Bailout for Muslim Brotherhood in Egypt Written by Alex Newman font size Print

 

RPREVOLU (Photo credit: GunnyG1345)

 

The Obama administration is close to finalizing a massive $1-billion bailout for the increasingly totalitarian Muslim Brotherhood regime ruling over Egypt, according to U.S. government officials cited in news reports. The move is already drawing fierce criticism from opponents arguing that bailing out the new Islamist ruler, who is already working to bolster Egyptian ties with the communist Chinese dictatorship while becoming increasingly despotic at home, would be a mistake on multiple levels.

 

 

In addition to forgiving the $1 billion in Egyptian government debt, almost a third of its total burden, the administration is also working with the International Monetary Fund (IMF) — largely funded by American taxpayers — to secure a $5-billion loan for the regime. On top of that, U.S. officials are in the process of creating multiple funds and programs worth almost $500 million to help politically connected U.S. and Egyptian businesses.

 

garyjohnson (Photo credit: GunnyG1345)

 

All of that taxpayer money — presumably to be printed by the Federal Reserve or borrowed from the communist Chinese dictatorship — would be…………..

 

 

 

 

 

EXCERPT!!!!!

 

via Obama Prepares Huge Bailout for Muslim Brotherhood (remember this 9/5/12).

 

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