Islamic Rising, U.S. Bribing Egypt’s Morsi with Billions

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“There is no possibility for Morsi to visit the Zionist entity,” Gamal Heshmat of the Muslim Brotherhood’s Freedom and Justice Party told an Egyptian online news magazine, Ynet reported. 

“President Morsi’s patriotism will not allow him to do so,” Heshmat said, saying that the presidential palace will turn down the invitation. [from Bibi Netanyahu]

After giving billions to Egypt, we are nearing a deal to give them another billion in debt forgiveness and as much as another $5 billion in aid.

They are Islamists. Am I the only one who can see Morsi turning around and using the money to directly or indirectly develop weaponry which could be easily used against Israel? Morsi has reassured Israel the Camp David Accords are safe while the Imam’s and other leaders are saying it is not.

The United States sees this as a way of influencing the Islamic Egypt’s policy, in other words, we’re bribing them. There is no question Morsi plans to be a power player in the ME and giving him money might be a way to fan the flames or make him a friend.

The money is for debt relief to shore up their economy, not weaponry, but how would we control that when we can’t even tell people where much of the Stimulus money went? Meanwhile, we borrow over 40 cents on every dollar.

Commentary Magazine sees it as the right call as they quote the New York Times:

American and Israeli officials, including Michael B. Oren, Israel’s ambassador to the United States, have sought to assure members of Congress that assistance should proceed, despite reservations about the Muslim Brotherhood’s political rise. They have argued that persistently high unemployment, especially among women and young people, could undermine Mr. Morsi’s government, causing further instability in Egypt and beyond.

Commentary’s take is that a prosperous Egypt will be a safer Egypt. They will also be a more powerful Egypt.

I can see another compelling case to be made for saving ourselves. Bernanke and the CBO has made it quite clear that we are on a fiscal cliff.

Read more at Reuters

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