Quote:
Originally Posted by HappyTexan
Both Clinton and Kerry signed waivers to continue the aid to Egypt.
They didn't seem to care too much about human rights and the path to democracy too much did they ?
And the latest was by Kerry just this past May.
I just don't see the aid being cut.
Our law is clear and all Obama is doing is stalling for time.
Maybe they can stall it long enough for elections to happen and then they can stop reviewing whether or not the military staged a coup.
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Let's follow the money:
There are 2 main components to foreign aid, economic and military. The latter aid is typically used by the beneficiary country to buy weapons and military equipment from U.S. manufacturers.
A delay/reduction/termination in military aid to Egypt or any nation, for that matter, causes breaking existing contracts with U.S. arms manufacturers, causing production lines to shut down, triggering unemployment and all the welfare benefits that go hand in hand with it.
Military aid has always been a huge government subsidy for the U.S. defense industry.
When the going gets tough, Congress has been known to allocate more funding to build new tanks the U.S. military did not ask for and did not want. So Congress decided to spend anyway and gift Egypt.
And in the next breath, they cluck -cluck about the cost of entitlements.