Ron Paul on Aid to Egypt

Ron Paul has been a persistent critic of foreign aid including aid to Egypt. For example, in 2009, he spoke out against aid to Egypt and to the IMF that provides aid to Egypt. He opposed a–

“$108 billion loan guarantee to the International Monetary Fund, allowing that destructive organization to continue spending taxpayer money to prop up corrupt elites and promote harmful economic policies overseas.

“As Americans struggle through the worst economic downturn since the Great Depression, this emergency supplemental appropriations bill sends billions of dollars overseas as foreign aid. Included in this appropriation is $660 million for Gaza, $555 million for Israel, $310 million for Egypt, $300 million for Jordan, and $420 million for Mexico. Some $889 million will be sent to the United Nations for ‘peacekeeping’ missions. Almost one billion dollars will be sent overseas to address the global financial crisis outside our borders and nearly $8 billion will be spent to address a “potential pandemic flu.'”

Other GOP presidential contenders are mainly hiding from the Egyptian crisis but I will keep you posted after they figure out what their positions are.

Share

12:15 pm on January 30, 2011