The Obama administration is looking to forgive $1 billion in debts that Egypt owes us so they can then turn around and get another $1 billion from oil-rich Arab nations. That’s right we will, in essence, be aiding the Islamic regime in Egypt with our money.
The Daily Caller reports,
President Barack Obama’s deputies are negotiating a $1 billion aid package with Egypt’s new Islamist government, even as Egypt’s cash-strapped military revealed that it is trying to buy $1 billion worth of German submarines that could threaten Israel’s fast-growing offshore energy projects.The U-boat voroversy began on September 31 of 2011 when, according to Egypt’s leading newspaper, Al-Ahram, reported that Osama al-Gindi, the country’s chief naval officer, said, “We have agreed to a deal with Germany to procure two submarines of the latest 209 Class.”
The German government has pointedly declined to deny the incendiary revelation about Egypt’s request to buy the two submarines.
Instead, the German government offered vague support for Israel, which is facing renewed threats from Iran’s nuclear program and the Muslim Brotherhood’s rise to power in Egypt.
These submarines are among the most advanced non-nuclear subs available. The name “U-boat” in English comes from what the Germans call a “uterseeboot.”
These boats cannot only stay underwater for lengthy periods of time, but can carry 14 torpedoes, mines and missiles.
Apparently Egypt wants to keep up with Israel. Israel has already obtained six of these U-boats, in order to protect its trade routes.
It’s a shame that the United States would give aid to any country, especially an Islamic country, by forgiving $1 billion in debt so that they can purchase German made submarines when we are in debt ourselves in the trillions of dollars.
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