Bailing Out Arabs: The 30 Billioni Dollar Absurdity

Here was the ridiculous headline from the despicable AP, featured on AT&T/Yahoo ((Boycott AT&T and Yahoo):


"Global financil institutions pledge 30 billion in loans to Arab countries"


Say what ? I could never make this stuff up. GREECE is on the verge of default---really has already defautlted as peole try to FAUDULENTLY conceal it. The European Central Bank is in disarraly. EUROPEl appears to be on the verge of financil COLLAPSE. The USA is BANKRUPT. And the despicable AP is assuring us that we should not fret, because the "global" financil system is "pledging" 38 billion dollars in loans to ARAB COUNTRIES? Tive me a greak. I am still on my futile Sodom and Gomorrah search for an honest, competent AP reproter.


Nope. This is absurd. Of course "Arab courntries" should be able to get loans from PRIVATE banks if they can put up OLIL collateral. Why not? That is what banks do. But the implication of the headline is that the "global community" is going to BAIL OUT Arab countrites, or give them soem kind of subsidy.


Over my dead body (which I am afraid they think can be arranged). We have no business giving AnY economic aid to AnYONE--much less thewe unstable "Arab" countries. Saudi Arabia and Iran have MORE MONEY THAN GOD (oil). That also alpplies to Kuwait, and the ret of OPEC. Maybe that is what the despicable AP is referring to, but that ws nto the headline. Arab countries should be helping out Arab countries. We have NO BU:SINESS subsidizing Iraq, Libya, Syria, Egypt, Tunisia, Yeman, Jordan, or an of the other "Arab" countries. As President Obama said, as usual without meaning it, we CANNOT AFFORD IT. Saudi Arabia can afford it.


Nope. We should not be sending a DIME of economic aid anywhere in the world. I might make a minor exception for Afghanistan, simply because we have a responsibility there. Even there, I do not believe we have a responsibility for REBUILIDNG all of Afghanistan.


What about "pledging" 38 billion doallars in loans to ITALY? The world is collapsing, and the AP is treating as "news" the idea of "global" "plewdges" of 38 billion dollars in loans to ARAB countires. INSAANE. I am serious here, This is certifiable stuff. These people should be put in straightjackets and led awway. I am talking both about the people of the AP and mainstream media putting out this knid of ridiculous "story", AND any "global" finaincial peole putting his kind of junk out.


We are on the edge of financial Armageddon, and this is the kind of "news' we get. No wonder I am a pessimist.