Clinton Pledges Tens of Millions in Additional US Aid to Egypt
Promises US Support for Transitional Junta
Speaking on Tuesday in Cairo in a joint conference with Egyptian FM Nabil al-Arabi, Secretary of State Hillary Clinton pledged US support for the Egyptian junta, as well as tens of millions of dollars in additional aid.
Clinton’s visit comes just days before the weekend vote on constitutional amendments in Egypt, which aim at reform but have also been resisted by some Egyptian protesters as too hastily assembled.
The US already provides over $1 billion annually in military aid to Egypt, but Clinton also promised $90 million in additional economic aid to the junta today, along with $80 million in credit backing for the nation’s banks.
The US military aid became increasingly controversial during the protests that ousted dictator Hosni Mubarak, but remained untouched by the Obama Administration. If anything, it seems the Egyptian revolution has convinced the administration to escalate its aid in an attempt to increase its influence with the new transitional junta.
Last 5 posts by Jason Ditz
- No Deal: US Restarted Pakistan Drone Strikes Despite Objections - February 22nd, 2012
- Syrian National Council Demands Foreign Invasion - February 22nd, 2012
- State Dept.: Pakistani Taliban 'Not Welcome' at Truce Talks - February 22nd, 2012
- Israeli FM: Our Decision to Attack Iran None of US, Russia's Business - February 22nd, 2012
- Hunger Strike Ends, but Adnan's Detention Without Charges Doesn't - February 22nd, 2012
JLS
March 16th, 2011 at 9:07 pm
I give up, go ahead and spend it all I don't care. The sooner y'all spend us into bankruptcy the sooner the US government will fall and maybe we can get our fredom back or something.
dublin
March 17th, 2011 at 4:10 am
It's been done before and still is at the behest of ISRAEL. It's not in anyway in the best interest of USA that we should give out billions to some Arab despots who dont even have oil under. ISRAEL should bribe for their own affairs and not USA.
geo1671
March 17th, 2011 at 5:26 am
Correction: The US military aid …….. remained untouched by the Clinton's Administration
Obama is Hellary's sidekick whipping boy.I really do feel sorry for the sap :^(
thedissenter
March 17th, 2011 at 10:19 am
Yep. It's over for the Egyptians. The three crucial mistakes they made were:
1. Not lynching Mubarak and his poodle;
2. Not arresting every single thug in the Ministry of Interior/Security Apparatus; and
3. Letting Hillary in their country.
The rest, as they say, is history. No country that accepts bribes from the US will ever be free, democratic or autonomous. There's no such a thing!
rick
March 17th, 2011 at 10:47 am
How thoughtful of her to pledge billions of bribe-money stolen from American citizens through taxation. Barrack and Hillary should be arrested, handcuffed and charged with crimes, followed by congress.
JLS
March 17th, 2011 at 11:20 am
"No country that accepts bribes from the US will ever be free, democratic or autonomous. There's no such a thing!"
Great line dissenter!
andy
March 17th, 2011 at 11:51 am
Just throwing American money away. If Egypt was smart, it would tell America to get lost.