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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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1 posted on 09/22/2011 4:13:08 PM PDT by Iam1ru1-2
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To: Iam1ru1-2

Corollary: US Taxpayers, led by the DNC and Obama,
have been financing terrorists who seek genocide.


2 posted on 09/22/2011 4:14:48 PM PDT by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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To: Iam1ru1-2

Boo Hoo


3 posted on 09/22/2011 4:15:01 PM PDT by BRL
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To: Iam1ru1-2

Not could but would and who other than anti - Israel LibTurds cares.


4 posted on 09/22/2011 4:16:30 PM PDT by SandRat (Duty - Honor - Country! What else needs said?)
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To: Iam1ru1-2

isn’t that the idea?


5 posted on 09/22/2011 4:16:30 PM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Iam1ru1-2

stop funding these guys!


6 posted on 09/22/2011 4:16:53 PM PDT by ari-freedom (Thank you, Bob!)
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To: Iam1ru1-2

So that’s the second good reason to cut them off, the first being that they are a bunch of Jew-hating criminals.


7 posted on 09/22/2011 4:17:12 PM PDT by rogue yam
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To: Iam1ru1-2

They should quit electing so many Democrats then. Oh... you meant the other PA? Never mind. Last I heard, the Palestinian state, Jordan, was doing fairly well.


8 posted on 09/22/2011 4:18:15 PM PDT by Ingtar (Together we go broke (from a Pookie18 post))
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Report: PA Could Collapse Without US Aid

Let me be the first here to recommend,

AMERICA MUST IMMEDIATELY CUT OFF ALL AID TO THE P.A.

9 posted on 09/22/2011 4:18:22 PM PDT by pyx (Rule#1.The LEFT lies.Rule#2.See Rule#1. IF THE LEFT CONTROLS THE LANGUAGE, IT CONTROLS THE ARGUMENT.)
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To: Iam1ru1-2

Charity begins at home ; keep the $500 million for our own ‘Home Relief’ ( Hurricane Irene , Joplin Tornado , New Orleans rebuild, etc. )

Let the Palestinians go for maintenance from Iran and the Saudis .


10 posted on 09/22/2011 4:18:26 PM PDT by Tilted Irish Kilt (Move Along ,... Nothing to see here ...)
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To: Iam1ru1-2
PA Could Collapse Without US Aid

Things are worse in Pennsylvania than I thought.

11 posted on 09/22/2011 4:19:17 PM PDT by humblegunner (The kinder, gentler version...)
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To: Iam1ru1-2
I'm ok with keeping our tax dollars here and watching the PA strangle. Really. I'm ok with that.

/johnny

12 posted on 09/22/2011 4:19:54 PM PDT by JRandomFreeper (Gone Galt)
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To: rogue yam

Then they can ALL go back to where they came from: Egypt, Jordan, Iraq, Syria and other nefarious arab nations! And don’t let the door hit you where the Lord split you.


13 posted on 09/22/2011 4:22:31 PM PDT by Colorado Cowgirl (God bless America!)
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To: Iam1ru1-2

Lets see. About a million years ago in college,i think sociology,i was taught that man (women too)followed this path. Food. Shelter. Reproduction. I remember this because it seems so natural,so right. So we send money to Paliland and other places. They buy food,or its donated,they build homes and then having nothing else to do they make baby Pali’s.
The land there,anywhere,can support so many people. Water is another consideration. So we help them to live beyond,well beyond,their ability to support themselves and our reward is more suicide bombers.
Brilliant. Simply brilliant. I don’t know about anyone else but i don’t have any guilt over how they live. People are free to donate whatever they wish. To systematically help them to grow beyond their means to support themselves is not something i really want my taxes to be used for.


14 posted on 09/22/2011 4:23:01 PM PDT by wiggen (The teacher card. When the racism card just won't work.)
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To: Iam1ru1-2

DILLIGAFF...Do I Look Like I Give A Flying........??


15 posted on 09/22/2011 4:23:14 PM PDT by Da Coyote
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To: Iam1ru1-2

President Zero will lead to Zero contributions to terrorists!

Nah, Zero simply issues executive order and send the money


16 posted on 09/22/2011 4:23:24 PM PDT by heiss
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To: Iam1ru1-2

Even the Amish are looking for a hand out. What next?


17 posted on 09/22/2011 4:23:37 PM PDT by Libloather (The epitome of civility.)
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To: Iam1ru1-2
PA Could Collapse Without US Aid

We suck for that.

18 posted on 09/22/2011 4:23:45 PM PDT by DungeonMaster (Now we be president again !)
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To: Iam1ru1-2

Let the PA collapse.

As a matter of fact, we should do everything possible to hasten their demise.


19 posted on 09/22/2011 4:24:24 PM PDT by Howie66 (I can see November (2012) from my house.)
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To: ari-freedom

Stop funding these guys’ Swiss bank accounts.


20 posted on 09/22/2011 4:24:30 PM PDT by DManA
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