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Report: PA Could Collapse Without US Aid
.israelnationalnews.com ^ | 9/20/2011 | Gavriel Queenann

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 ...


TOPICS: Foreign Affairs; Government; Israel
KEYWORDS: israel
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To: Iam1ru1-2

Iran arms them and we finance their X Boxes and flat screen TVs.


41 posted on 09/22/2011 4:51:09 PM PDT by Happy Rain ("Yer it!")
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To: Iam1ru1-2

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?


42 posted on 09/22/2011 4:53:28 PM PDT by Brilliant
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To: dennisw; Cachelot; Nix 2; veronica; Catspaw; knighthawk; Alouette; Optimist; weikel; Lent; GregB; ..
Middle East and terrorism, occasional political and Jewish issues Ping List. High Volume

If you’d like to be on or off, please FR mail me.

..................

Seems like this would argue against a state.

43 posted on 09/22/2011 4:56:27 PM PDT by SJackson (Free Palestine, return it to the inhabitants who had the land taken by the Romans, Alan West)
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To: Diogenesis
US Taxpayers, led by the DNC and Obama, have been financing terrorists who seek genocide.

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.


44 posted on 09/22/2011 4:57:32 PM PDT by Iron Munro (Muslims who advocate, support, or carry out Jihad give the other 1% a bad name)
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To: 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...

WHAT are we waiting for?

45 posted on 09/22/2011 4:58:57 PM PDT by E. Pluribus Unum (Palin is coming, and the Tea Party is coming with her.)
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To: Iam1ru1-2

We gave Solyndra the same amout aas the PA....hey...money’s easy to come by...give them both MORE!! /sarc


46 posted on 09/22/2011 5:05:00 PM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: Ann Archy

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.


47 posted on 09/22/2011 5:08:46 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: Iam1ru1-2

This is not aid....this is the jizya tax. Not sure of the
spelling, but it’s what muslimes expect from infidels.


48 posted on 09/22/2011 5:09:04 PM PDT by jusduat (probably lost)
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To: SJackson

To headline only: Seems this would be the best argument for the US cutting off aid.


49 posted on 09/22/2011 5:10:55 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: Diogenesis
Yup. The upshot of the article, although unintended, is clear. We fund terrorism.
50 posted on 09/22/2011 5:11:45 PM PDT by SpaceBar
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To: Iam1ru1-2

GOOD! Let them collapse. Then begin new housing in Jordan to prepare for the mass migration to the true Palestinian state.


51 posted on 09/22/2011 5:12:59 PM PDT by montag813
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To: Iam1ru1-2
Maybe they could start growing produce and vegetables for export to earn hard cash in all those greenhouses the Israelis left behind when they withdrew. That's what the Israelis did.

They still have the greenhouses, don't they? < / sarcasm >

52 posted on 09/22/2011 5:16:30 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Iam1ru1-2

So what are we waiting for??!

Pull it!

Oh, I forgot who’s prez. Adolph Obama.


53 posted on 09/22/2011 5:18:44 PM PDT by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: Vigilanteman

My mind still boggles that we are giving $500 million a year to these terrorists.


54 posted on 09/22/2011 5:18:53 PM PDT by rockvillem
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To: Iam1ru1-2

I am angry that we give a plug nickel to anybody who is the enemy of our friends. It just defies logic.


55 posted on 09/22/2011 5:21:39 PM PDT by umgud
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To: hal ogen
Just why does the US taxpayer give 1 cent to these subhuman losers?

The serious answer to your question is, we as individuals, don't. The money is robbed from the taxpayer through threats of fines or prison, literally skimmed off the top of domestic productivity, and distributed as our government officials of dubious alliances see fit.
56 posted on 09/22/2011 5:22:37 PM PDT by SpaceBar
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To: Eleutheria5

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.


57 posted on 09/22/2011 5:51:47 PM PDT by SJackson (Free Palestine, return it to the inhabitants who had the land taken by the Romans, Alan West)
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To: montag813
"GOOD! Let them collapse. Then begin new housing in Jordan to prepare for the mass migration to the true Palestinian state."

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)

58 posted on 09/22/2011 5:53:28 PM PDT by thouworm (.)
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To: Iam1ru1-2

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.


59 posted on 09/22/2011 6:00:59 PM PDT by AD from SpringBay (We deserve the government we allow.)
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To: Iam1ru1-2

DEFUND socialist/totalitarian collectives, foreign and domestic. NOW. Let them live or die on their own.


60 posted on 09/22/2011 6:21:40 PM PDT by PGalt
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