September 10, 2012, - 4:35 pm
Well, Obama is finally doing something to fix the economy. The Obama administration sent representatives of major U.S. corporations to jump start it. The problem is, it’s not our economy. It’s the jihadist one in Egypt. Corporate execs were sent to prop up Muslim Brotherhood rule over Egypt. Sadly, Coca-Cola, Exxon, and Pfizer, were part of the group and plan to do business with pro-HAMAS Egyptian President Mohammed Morsi.
This reverse corporate welfare to prop up the parent organization to HAMAS and Al-Qaeda is frightening and could have far-reaching consequences. Don’t be surprised if these companies start giving more and more money to HAMAS CAIR in the U.S. and other radical malefactors that enable and even fundraise for Islamic terrorism and intolerance.
CAIRO – A delegation of more than 100 American business leaders is touring Cairo this week, part of a White House-led effort to burnish Egypt’s image as an investment destination and help restore the country’s flagging economy.
Yup, screw America’s economy. Obama is concerned about a more important economy–that of ground zero for jihad.
The delegation forms the crux of a wider U.S.-led effort to prevent the economy of Egypt—which Washington sees as an important security ally—from becoming more destabilized.
Washington and Cairo are in the midst of negotiating the terms for about $1 billion in debt relief and U.S. diplomats have said they are nudging the International Monetary Fund toward extending a $4.8 billion loan to Egypt’s government.
Egypt’s newly inaugurated president and prime minister on Sunday reassured regional executives from U.S. firms including ExxonMobil, Coca-Cola Cos., and Pfizer Inc. that they plan to restore the kind of political stability and growth that had made Egypt a regional economic champion before its revolution early last year.
The unusually large trade delegation puts in sharp relief the political uncertainty and inefficiency that could continue to drag on growth and put off foreign investment.
The rush to rescue Egypt’s economy followed President Mohamed Morsi’s inauguration as the country’s first freely and fairly elected president in late June. . . .
But Mr. Morsi’s administration still oversees a transitional governance system that lacks a parliament or permanent constitution. He awarded himself full authority over the country’s executive and legislative branches in a decision last month that sidelined the once all-powerful military. . . .
Arriving at Cairo’s airport, many businesspeople caught a glimpse of how lingering political difficulties are damaging Egypt’s economy. Many of the executives’ flights were delayed or rerouted because of a labor strike by employees of EgyptAir, the country’s national carrier. . . .
Mumtaz Al Said, Egypt’s finance minister, told the American business leaders on Sunday that Egypt needs an injection of 270 billion Egyptian pounds (about $45 million) in investment to reach 4.5% annual growth by later this year, but that a 7% rate of growth would be needed to help the country’s unemployment problem.
When they said, “Coke Adds Life,” in the old Coca-Cola ads, who knew they meant it would add life to the jihad? I heard Coke is already developing a new drink for the purpose: “The Blind (Milk) Sheikh.” Comes in Vanilla and Chocolate with lots of blood. After all Coke’s new friend, Mohammed Morsi, vowed to free Sheikh Omar Abdul Rahman a/k/a “The Blind Sheikh,” who helped plan and carry out the 1993 Al-Qaeda World Trade Center bombing, from America’s prisons.
Glad Obama has his priorities straight about which economy to jump-start. Clearly, the only thing he can give the American economy–ya know, the one over which he’s supposed to be Prez–is a middle-finger salute.
Facebook Friend Jake Lee:
Pfizer? Its a good idea to give Viagra to the Muslim Brotherhood?
Facebook Friend Michael Hill Goldstein:
Can we send Oscar Mayer to open up a bacon processing plant?
Tags: Barack Obama, Coca Cola, Coke, Egypt, ExxonMobil, Mohammed Morsi, Muslim Brotherhood, Obama, Pfizer