It’s all being done under the name of reform. Seen and done that one before.
The Tundra Tabloids doesn’t get it. At a time when Europe is up to its eyebrows in hock over the Euro-bailouts, European politicians are ready to dole out yet more of the taxpayers’ money to the bottomless pits in Muslim states. The way arrogant, greedy politicians throw the individual’s money around should be made a criminal offense. KGS
Arabs nations to get $58 billion to reward reform
MARSEILLE, France (AP) – Wealthy countries and international lenders promised more money Saturday to encourage democratic reforms in Arab nations, promising at least $58 billion over the next two years.
After Tunisia and Egypt ousted their authoritarian regimes earlier this year, eight of the world’s most developed economies along with rich Arab countries and a raft of development banks had pledged in May to give $40 billion in support to their nascent democracies and hopefully keep them on the path to open government.
Those uprisings set off a cascade of revolts across the Middle East, and the Group of Eight and others are now increasing their pledges and expanding the recipients to include Morocco and Jordan.
So far, at least $58 billion has been promised to the four countries—$38 billion from development banks through 2013 and more than $20 billion from the G-8 and the wealthy Arab countries.
Saturday’s meeting was notable for its inclusion of Libya, where rebel forces recently took control of most of the country and are working to create a government to replace Moammar Gadhafi’s brutal regime. Libya is not yet officially part of the program but could soon receive funding, according to Canadian Finance Minister Jim Flaherty.