Posts tagged Foreign Aid
6 Major Corporations that Profit from U.S. Aid to the Egyptian Military
Our foreign aid programs are big time vehicles for crony capitalism.
One of the biggest beneficiaries of our foreign aid largess (after the ruling classes of the receiving 3rd world countries) is the good old American Military Industrial Complex.
We make a lot of arms in the United States, and the companies which want to sell guns, tanks, and planes make sure countries who want to buy guns, tanks, and planes but can’t afford them are subsidized by the American taxpayer. This is the case in Egypt.
About $1.3 billion is authorized each year to bolster Egypt’s military, one of the most powerful in the Middle East. That aid covers 80% of all of Egypt’s military purchases, according to a recent congressional assessment (pdf). This assistance has totaled nearly $42 billion since 1948, and nearly all of it has gone to buy American weaponry and hardware.
In fact, the appropriated funds never make their way directly to Egypt. “It goes to the Federal Reserve Bank of New York, then to a trust fund at the Treasury and, finally, out to U.S. military contractors that make the tanks and fighter jets that ultimately get sent to Egypt,”
Image credit: http://www.againstcronycapitalism.org
Written by Daniel McAdams
Posted Tuesday August 20, 2013
Ron Paul Talks Egypt and US One Party State on Cavuto Today
Watch RPI Chairman Ron Paul on Neil Cavuto today discussing US policy on Egypt, the incomprehensible US foreign policy, and the futulity of politics in the US one-party state. And doesn’t his new Ron Paul Channel studio look great?
More from the Ron Paul Institute here.
Video capture added to original post.
By Travis Holte
Ron Paul on U.S. Dictatorships, Foreign and Domestic
When the cronies are in Cairo, the $1.6 billion pyramid (Daily Show Clip)
There are times when the Daily Show is very very good. The attached video is one of these instances.
We really want to send money to Egypt, but there was a coup and our law says we can’t do that.
The solution? Just don’t call the coup a coup. That way we can still wire the cash.
Defense Dept. Demolishes Huge, Unused Facility in Afghanistan
Published by NextNewsNetwork
HELMAND PROVINCE, Afghanistan — As the U.S. military presence in Afghanistan is drawn down, the Pentagon is preparing to demolish a huge operations center that was built for the Marines.
The facility, which is located in the country’s Helmand Province, cost at least $34 million to construct. Sprawling across the bleak and dusty landscape of southwestern Afghanistan, the base is the size of a football field.
This report also includes…
NEW YORK CITY — Despite receiving widespread praise for her emphasis on good nutrition, First Lady Michelle Obama has seen several schools rebel against her school lunch standards.
CAIRO — The Obama administration, which refuses to call the recent removal of the elected Egyptian president a coup, has announced that it will not cut off foreign aid to Cairo. Several media outlets, including Al-Jazeera, have reported that the State Department funded opposition figures and non-governmental organizations that called for the military to remove now-deposed president Mohamed Morsi.
SALT LAKE CITY — For the past 15 years, Xmission, Utah’s first independent internet service provider, has refused demands from local, state, and federal law enforcement officials that they provide warrantless access to customer data.
Ron Paul Segment on RT’s Prime Interest
Video posted by Robert Wenzel
Peter Schiff, Tom Woods and Ron Paul Institute Director Daniel McAdams appears in a RT Television segment about Dr. Paul’s Peace and Prosperity and Ron Paul Channel projects.
By Judy Morris
Here’s a ‘Connecting the Dots Moment’ for Americans to ponder: It’s a well documented fact that Congress wiped out the Social Security Trust Fund over the decades to the tune of at least $2.5 trillion and left a worthless pile of IOU’s, here. It’s also well documented that foreign aid, according to 2007 figures, totaled an astounding $2.3 trillion. How would Americans feel if they knew that the government they elected and trusted plundered their Social Security and that their retirement funds landed in the laps of defense contractors and corrupt foreign officials?
Flushing $2.3 trillion in American tax dollars down the foreign aid toilet, here, is not only an act of grand theft but also a gargantuan welfare program for defense contractors. The $2.3 trillion figure quoted in the link is based on 2007 data and hundreds of billions have been added to the foreign aid tab since 2007. Still, it has been estimated that 2/3 of foreign aid lands right in defense contractor laps.
Foreign aid is one of the biggest scams ever because gobs of American taxdollars end up lost, missing, stolen unaccountable and untraceable. Nobody really knows what happens to unaccountable foreign aid dollars. Our government that disburses the money doesn’t even know or, more likely, refuses to disclose who got the money.
It is thought to have been the biggest international cash airlift of all time, when $12billion in aid was flown by the Bush administration to postwar Iraq.
And now, for the first time, investigators auditing the cash have admitted that more than half of that huge amount may have been stolen when it got there in ‘the largest theft of funds in national history’.
Iraq isn’t the only recipient of massive foreign aid that is riddled with scandal. Although $90 billion in aid has poured into Afghanistan since 2001, here, nobody really knows where that money went and Afghan and US officials are determined to keep it that way.
Afghan President Hamid Karzai is blocking efforts by U.S. officials to locate billions of dollars given to aid Afghanistan’s economy, stymieing efforts to combat money laundering of drug money, corruption and funding terrorists.
Karzai is prohibiting U.S. Treasury agents from accessing the Afghan government’s central bank by allowing and even contributing to “hostile working conditions” for advisers there, according to a new report by the U.S. Inspector General’s Office for Afghanistan Re construction.
Afghanistan is just one of many corrupt nations that are the recipients of tons of US foreign aid and even the NYT chirped in on the corruption in Afghanistan, here. Furthermore it is estimated that Afghanistan will need an additional $6-7 billion in aid over the next 10 years, even if aid dollars are slowing down a bit. Reuters reported that a staggering 90% of Afghanistan’s budget comes from aid, here.
More than 90 percent of Afghanistan’s $17.1 billion national budget comes from foreign donation…
How did Afghanistan survive before the era of BIG aid? Just fine! Heck, it’s heroine trade could comfortably bankroll any nation which, of course, raises the issue of precisely why America is so interested in Afghanistan. It’s widely believed and documented that the CIA, frequently dubbed Cocaine Import Agency, is the biggest drug dealer on the planet, here.
As fiscal and economic woes pile up in America, most Americans remain absolutely clueless as to what is really going on and what their government actually does.
Read more like this at http://judymorrisreport.blogspot.com/
Published on Feb 10, 2012 by FightForLibertyZX
An amazing book featuring 50 topics and what Liberty is all about. Please Support Ron Paul for President of the United States. I’m going to put bookmarks and stuff eventually. This Audio Book is almost 9 hours long.
—– Chapters ———
Intro – 00:38
1 Abortion – 13:54
2 Assassination – 28:57
3 Austrian Economics – 38:04
4 Bipartisanship – 44:26
5 Business Cycle – 49:39
6 Campaign Fiance – 56:07
7 Capital Punishment – 1:01:19
8 Central Intellegence Agency – 01:09:20
9 Civil Disobedience – 01:20:35
10 Conscription – 01:30:41
11 Demagogues – 01:39:17
12 Democracy – 01:50:25
13 Descrimination – 02:07:24
14 Education – 02:16:03
15 Empire – 02:24:26
16 Envy – 02:56:31
17 Evolution vs. Creationism – 03:00:45
18 Executive Power – 03:07:18
19 Foreign Aid – 03:25:04
20 Four Freedoms – 03:33:25
21 Global Warming – 03:51:29
22 Gun Control – 04:11:09
23 Hate Crimes – 04:15:12
24 Immigration – 04:20:06
25 Insurance – 04:36:57
26 Keynesianism – 04:46:39
27 Lobbying – 05:06:00
28 Marriage – 05:13:37
29 Medical Care – 05:19:38
30 Monetary Policy – 05:39:21
31 Moral Hazard – 05:46:44
32 Morality in Government – 05:55:02
33 Noble Lie – 05:58:58
34 Patriotism – 06:07:53
35 Political Correctness – 06:14:51
36 Prohibition – 06:19:22
37 Public Land – 06:28:35
38 Racism – 06:36:56
39 Religion and Liberty – 06:45:19
40 Security – 07:03:38
41 Slavery – 07:14:47
42 States’ Rights – 07:23:14
43 Statistics – 07:34:03
44 Surveilance – 07:39:48
45 Taxes – 07:43:37
46 Terrorism – 07:51:36
47 Torture – 07:58:22
48 Trade Policies – 08:06:55
49 Unions – 08:14:46
50 Zionism – 08:35:23
Afterward – 08:49:25
Appendix – 08:53:22
Social Security is debt slavery for the young. Plain and simple , just one of the many failings of government, who simply is incapable of doing business and can only steal and borrow money in order to spend it.The reward for working hard is to have half your income taken through force and a significant portion of this money is given to those that will not work! If that ain’t killing entrepreneurial spirit then what it is . The funny thing is, you can invest your money in the same place as social security and get more back privately. In fact if you could opt out and invest it in the same place not only could you receive the money for the rest of your life, but your inheritors would actually get the remainder when you die (not just have it go back to the general fund). The stupidest group on the planet are the ones who think that government was meant to provide for everything, and is the answer to everything.In a Ponzi scheme pays off the first few investors. social security does not even do that.A Ponzi scheme is voluntary but Social Security is violent
By Rand Paul Review
Sen. Rand Paul issued the following letter to President Barack Obama urging a delay in the release of foreign military financing to the government of Pakistan, and to hold all aid until Dr. Shakil Afridi, informant that assisted intelligence services in identifying the whereabouts of Osama bin Laden, is released.
Earlier this week, Sen. Paul announced his plans to introduce new legislation addressing Pakistan’s imprisonment of Dr. Afridi and his intention to secure votes as soon as possible, when the Senate resumes next week.
Below is text of Sen. Paul and Rep. Rohrabacher’s letter:
June 1, 2012
The Honorable Barack Obama
President of the United States
1600 Pennsylvania Avenue NW
Washington, DC 20502
Dear President Obama,
We write to raise a matter of great importance to U.S. taxpayers and to American interests abroad. As you know, over the last several months, authorities in Pakistan have sought to bring criminal charges against Dr. Shakil Afridi, a former surgeon general in Khyber. Through the use of a door-to-door vaccination drive, Dr. Afridi bravely assisted our intelligence services in identifying the residents of the Abbottabad complex which was later confirmed to be the home of Osama bin Laden.
For his work in supporting the successful search for Osama bin Laden, Dr. Afridi deserves our appreciation. Unfortunately, the government of Pakistan has made it a point to punish Dr. Afridi for helping to expose Osama bin Laden’s Pakistan hideout in the most severe manner possible. Last year, a Pakistani government commission recommended Dr. Afridi be put on trial for “high treason” and “conspiracy against the state of Pakistan,” and his home was taken by government authorities. After months of investigating Dr. Afridi and after refusing to deny countless reports he was being charged with treason, Pakistan’s tribal courts-which provide absolutely no transparency to their proceedings-sentenced him to 33 years in prison. These prisons are filled with radicals sympathetic to al Qaida, and they would not hesitate to harm Dr. Afridi.