What’s another billion or so between friends? Sure the Muslim Brotherhood is cracking down on the opposition, sending tanks into the Sinai in violation of the Camp David Accords and Coptic Christians are fleeing the country, but that doesn’t mean that Obama can’t help the brothers out with another billion dollar debt cut.
Nearly 16 months after first pledging to help Egypt’s failing economy, the Obama administration is nearing an agreement with the country’s new government to relieve $1 billion of its debt as part of an American and international assistance package intended to bolster its transition to democracy, administration officials said.
The “transition” has already been made. An election was held. The Brotherhood won.
Talk of “bolstering the transition to democracy” are weasel words, because what is really meant here is helping the Brotherhood, the beneficiaries of democracy, stay in power.
Obama joins Qatar, the other major backer of the Arab Spring, in a Muslim Brotherhood bailout. The reason for that is that Egypt is on the edge of fuel and food shortages that may bring down the country and the Muslim Brotherhood with it.
When the Soviet Bolsheviks faced famine, the United States took the lead in sending them food aid. That kept the Bolsheviks in power and led to a nuclear standoff decades later. Bailing out the Muslim Brotherhood so that they can stay in power in Egypt might have consequences that are just as devastating.
And the Obama Administration is now busy leading American companies to Egypt to do business with the Brotherhood.
Hoping to capitalize on what they see as a ripening investment climate, the State Department and the U.S. Chamber of Commerce will take executives from nearly 50 American companies, like Caterpillar and Xerox, to Cairo beginning Saturday as part of one of the largest trade delegations ever. The officials and executives will urge the government to make changes in taxation, bankruptcy and labor laws to improve the investment climate.
Are any of these companies, being led like lambs to the slaughter, being told that under Islamic law, their rights will be significantly inferior to those of Muslims?
Just like the USSR, the Brotherhood expects the West to bail out its regime and stabilize it, while promising stability and a friendly environment. And then the hammer comes down. History is repeating itself once again.