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article imageJohn F. Kerry gives Egypt $250 million

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By Larry Clifton     Mar 3, 2013 in Politics
Cairo - Egyptian President Mohamed Morsi made quick work of incoming U.S. Secretary of State John F. Kerry on Sunday, prodding the Democrat to give Egypt $250 million in immediate “economic assistance.”
Sunday’s meeting served as a precipice for similar giveaways to come, even as Kerry insisted Egypt would need to make some economic and political reforms before he releases the next batch of U.S. funding to the Islamic government.
Mr. Obama's administration gave Egypt $450 million in emergency aid in 2012 and the country averages about two billion in U.S. foreign aid money each year.
“This is an important visit that we believe is motivated by the U.S. resolve to deal with the legitimate constitutional status quo in Egypt,” said Morsi spokesman Amr Darrag.
In recent years, Morsi has called for the destruction of Israel and called Barack Obama a liar.
Meanwhile, the U.S. deficit during Obama’s term has topped $6 trillion. Earlier this week after railing against Sequestration cuts that he signed into law, Mr. Obama signed off on $85 billion in budget cuts largely coming from funding of U.S. military.
Earlier this year the Obama administration rattled the nerves of Israeli leaders when he agreed to supply Egypt with dozens of F-16 cutting-edge fighter jets at a cost of approximately $213 million to U.S. taxpayers. Kerry defended gifting Egypt with advanced U.S. fighter jets in January. Mr. Obama has said that Egypt is not a U.S. ally.
The jets are part of an overall billion-dollar U.S. military aid package promised to Egypt. In response, Egypt has promised not to use the advanced weapons to attack Israel.
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