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$70 Billion, that's the Mubarak family wealth --or $886 per Egyptian

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CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 11:16 AM
Original message
$70 Billion, that's the Mubarak family wealth --or $886 per Egyptian
and I say $886 per Egyptian because, well...do you think he got all that legitimately? how much does being President of Egypt pay in terms of salary?
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LiberalEsto Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 11:23 AM
Response to Original message
1. All of it came from our taxes
in the form of foreign aid to Egypt.

I wonder how much money would be saved by seriously cutting U.S. foreign aid worldwide.
We might be able to pay down the national debt, create jobs, maybe even make college education affordable again.
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CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 11:30 AM
Response to Reply #1
2. Seriously? How much do you think we spend on foreign aid annually?
?
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LiberalEsto Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 11:37 AM
Response to Reply #2
3. I'm not sure how accurate this website is
Edited on Sat Feb-05-11 11:40 AM by LiberalEsto
but it claims that 1/3 of all US foreign aid goes to Israel and Egypt.
The amounts are given in millions.

I THINK that means Egypt received $1,550,000,000 in 2010, but I may be reading this wrong.
And Israel, $3,175,000,000

Can someone please correct me if I'm reading these figures inaccurately?


http://www.vaughns-1-pagers.com/politics/us-foreign-aid.htm

Here's another link:
http://blogs.forbes.com/brianwingfield/2011/01/29/making-sense-of-u-s-foreign-aid-to-egypt-and-elsewhere/

"The $1.5 billion requested for Egypt in the president’s fiscal year 2011 budget puts the country fourth on the list of recipients for aid managed by the State Department and the United States Agency for International Development. Only Afghanistan ($3.9 billion), Pakistan ($3.1 billion) and Israel ($3 billion) have more aid requested for them. Most of the money for these four countries is allocated for “peace and security,” a broad category that includes combating drug traffickers and terrorists as well as preventing the proliferation of weapons of mass destruction. In Egypt specifically, $1.3 billion of the requested amount this year is for “peace and security.”"
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CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 11:44 AM
Response to Reply #3
4. but you have a wildly innaccurate view of how much our foreign aid amounts to
you posted that and i asked about it. you quoted about 4.5 billion (which we actually pay to keep Egypt and Israel from attacking each other per the peace accords of the late 1970s).

but nevermind that, 4.5 billion would go NOWHERE near doing what you state below:

"I wonder how much money would be saved by seriously cutting U.S. foreign aid worldwide.
We might be able to pay down the national debt, create jobs, maybe even make college education affordable again."

what gives?
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LiberalEsto Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 11:47 AM
Response to Reply #4
5. I said "might"
I said "I wonder"

I didn't say that it would exactly pay for this or that. I didn't know the answer until I went and actually lookedup stuff on Google.

Why is it necessary to nitpick everything? If you want to harass someone, please take it out on the Freepers.
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CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 12:22 PM
Response to Reply #5
6. i simply get impatient that someone could think that we spend that much on foreign aid
it's a Republican/John Birch meme.

in other words, it is a freeper meme.
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LiberalEsto Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 02:22 PM
Response to Reply #6
8. Are you implying that I'm a Bircher? a freeper?
How dare you?
I'm putting you on ignore because I don't need your nasty implications.
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CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 02:28 PM
Response to Reply #8
9. no but it does explain why i was not nitpicking to correct you
but you're too busy taking it personally that i pointed out your error.

i don't see what the big deal is.

of course, i'm on ignore so you won't see this.
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CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 12:33 PM
Response to Reply #5
7. also it wasn't nitpicking
nitpicking would be if you said it was 3 billion and it was 4 or 5 billion.
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sudopod Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-05-11 03:16 PM
Response to Reply #4
10. The first two are right out
but we could definitely pay for a lot of college.
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Badfish Donating Member (543 posts) Send PM | Profile | Ignore Sun Feb-06-11 08:44 AM
Response to Original message
11. I wouldn't believe these numbers.
They are very likely propaganda to incite the people , 70 billion would make him the richest familiy on the planet.

How can his bank account dwarf the king of Saudi Arabias ?
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