Bush Clears Way for Palestinian Aid

Thursday, February 28, 2008 8:46 PM

US President George W. Bush on Thursday cleared the way for 150 million dollars in aid to the Palestinian Authority to "avert a serious and immediate financial crisis," a US official said.

Bush formally waived for six months restrictions called for under US spending legislation, citing "national security grounds," according to the official, who requested anonymity.

"Doing so will help avert a serious and immediate financial crisis for the PA, ensure its continued operation, and further the United States longstanding and bipartisan goal of a just and lasting peace between Israel and the Palestinians," the official said.

Under another provision in US law, none of the money may go to the Palestinian militant group Hamas, which seized control of Gaza in June 2007, or a Hamas-controlled entity.

Bush's move will allow the United States to provide the Palestinian Authority with 150 million dollars in aid that Washington pledged at a donors conference in Paris in December.

"US budgetary support to the PA is critical given its current financial crisis and our strong interest in a peaceful resolution to the Israeli-Palestinian conflict," the anonymous US official said.

http://www.newsmax.com/international/bu ... 76565.html

If I'm not mistaken; we are already broke and in a financial crisis the size this country has never seen. We are borrowing money from china with interest to give to other broke A$$ Countries ... it's time to boot this Incompetant boob out of office