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$60 Billion US Aid to Egypt=$60 Billion Current Net-worth of Mubarak Family

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snot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 12:55 PM
Original message
$60 Billion US Aid to Egypt=$60 Billion Current Net-worth of Mubarak Family
US Media & Egypt Coverage: Dodging the Real Issues & Fudging the Real Culprits
February 4, 2011 posted by Sibel Edmonds
$60 Billion US Aid to Egypt=$60 Billion Current Net-worth of Mubarak Family

You see, this is what the US media is selling the majority as to why we support and maintain (pay for, defend…you name it) corrupt ruthless dictators:

"Alliance with new governments to protect U.S. interests: security for Israel, sustainability of world energy supply and the fight against al-Qaeda and other terrorist groups."

That’s right: the above, instead of: dictators who will purchase our arms from our mega corporations, serve Israel’s interests, give us cheap oil, and become our official or semi-official base (aka: colony), and that at any price (that is, the price to the population and human rights there). Think Saudi Arabia, think Turkmenistan, Think Uzbekistan…Think about all the dictator allies we support, maintain and sustain.

* * * * *

Another semi alternative publication (alternative in name only) goes only half a step further and actually adds it up, the US taxpayers’ dollars that is:

"American support for the Egyptian government — to the tune of $60 billion in aid over the last 30 years — garnered virtually no regular attention before the protests began."

But here is one article, written by a true alternative journalist (an independent one), where American taxpayer dollars spent on this Dictatorship ally for the last 30 years come together, and actually add up nicely:

"According to a mix of United States, Syrian and Algerian sources his personal fortune amounts to no less than US$40 billion – stolen from the public treasury in the form of “commissions”, on weapons sales, for instance. The Pharaoh controls loads of real estate, especially in the US; accounts in US, German, British and Swiss banks; and has “links” with corporations such as MacDonald’s, Vodafone, Hyundai and Hermes. Suzanne, the British-Irish Pharaoh’s wife, is worth at least $5 billion. And son Gamal – the one that may have fled to London, now stripped of his role as dynastic heir – also boasts a personal fortune of $17 billion."

Mubarak’s fortune, including his wife’s and son’s, is estimated to be …$40 Billion + $5 Billion + $17 Billion= $62 Billion. We Americans have been paying this man for 30 years, for a total of $60 Billion. Was it for infrastructure, job creation…you know, all those vital ingredients? Or was it to create another king, a dictator, or as Escobar puts it, a Pharaoh with a $Billions fortune?


Much more at http://www.veteranstoday.com/2011/02/04/us-media-egypt-coverage-dodging-the-real-issues-fudging-the-real-culprits . (I hope there's no copyright concern here; much of the above consists of the author quoting from other people, so I don't think there's more than 4 paragraphs total from any one author . . . )
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grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 01:01 PM
Response to Original message
1. So the money was never really aid to Egypt, but payments to a dictator?
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glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 01:07 PM
Response to Reply #1
2. Question whether we knew it or not. If someone knew this then they should go to Prison.
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snot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 01:07 PM
Response to Reply #1
3. So it appears. The article has more details . . .
It's becoming clear how "defense" serves as a machine for t.p.t.b.'s extraction of wealth from the middle and lower classes around the world.
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Vinnie From Indy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 01:23 PM
Response to Original message
4. LOL! Edmonds is a con artist of the first order
Edited on Fri Feb-04-11 01:25 PM by Vinnie From Indy
Yesterday there was a post of one of her latest "articles" where she claims to have personal knowledge that the FBI was warned by an "informant" about 9/11 prior to the attacks. The article was locked and deleted by the Mods. When one totals up the the things that Edmonds claims to know and the amount of people she claims are "traitors" it is staggering. Her work is even more unbelievable when you consider that she actually spent only a few weeks as a CONTRACT employee of the FBI.

One thing Edmonds is clearly good at is spinning a single, solitary complaint of departmental misconduct of fellow employees at the FBI and turning it into a business. Cheers!
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justiceischeap Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 01:32 PM
Response to Reply #4
6. I remember the day 9/11 happened, later that night (or maybe the next night) M$NBC interviewed
Edited on Fri Feb-04-11 01:32 PM by justiceischeap
some guy that said a letter was sent to the FBI that explained, in detail, what was going to happen and it was ignored. I'm guessing this is where this woman is getting her "facts" from. I was shocked no one ever followed up with this guy. That's why I'm a LIHOP believer, because of that interview.
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Badfish Donating Member (543 posts) Send PM | Profile | Ignore Fri Feb-04-11 01:30 PM
Response to Original message
5. I still can't see it.
60 billion is a very large number , duh.

I just can't see how he has 20 billion MORE than the King of Saudi Arabia in the bank.

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L. Coyote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 01:38 PM
Response to Original message
7. How does this compare with Saddam?
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Badfish Donating Member (543 posts) Send PM | Profile | Ignore Fri Feb-04-11 01:41 PM
Response to Reply #7
8. Here is the Forbes list.
http://www.forbes.com/lists/results.jhtml?passListId=10&passYear=2004&passListType=Person&searchParameter1=unset&searchParameter2=unset&resultsStart=1&resultsHowMany=25&resultsSortProperties=-numberfield3%2C%2Bstringfield2&resultsSortCategoryName=Worth%28%24bil%29&passKeyword=&category1=category&category2=category


1 William Gates III 48 46.6 United States United States , WA , Medina
2 Warren Buffett 73 42.9 United States United States , NE , Omaha
3 Karl Albrecht 84 23.0 Germany Germany , Donaueschingen
4 Prince Alwaleed Bin Talal Alsaud 47 21.5 Saudi Arabia Saudi Arabia , Riyadh
5 Paul Allen 51 21.0 United States United States , WA , Mercer Island
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L. Coyote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 01:52 PM
Response to Reply #8
9. In July 1999, Forbes Magazine estimated Saddam Hussein's personal wealth at $6 billion
http://www.fas.org/news/iraq/2000/02/iraq99.htm

Palace Construction

Photographic evidence confirms that Saddam Hussein and his regime have sustained a non-stop program of palace building since 1991. Saddam has been spending billions of dollars on the man-made lakes, waterfalls, marble, and other luxuries that make up his palaces and those of his supporters.

....

Saddam ruthlessly protects the extent of his luxury. According to Iraqi opposition sources, Saddam recently ordered the execution of one of the Iraqi architects who worked on presidential palaces in Tikrit, Al-Hillah, Al-Azimiyah, and Al-Wafa. His crime was to describe to friends the sumptuousness and lavishness of Saddam's palaces, and the swimming pools, fish aquariums, and deer farms in the vicinity of some of them. A circular was then sent around to workers in the engineering department of the Presidential Office warning them that the harshest punishment will be inflicted on anyone who talks about the presidential sites, even to family members.

....

IMAGES
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sasha031 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 02:03 PM
Response to Original message
10. nice find, it being reported elsewhere now
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grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 06:50 PM
Response to Original message
11. K&R
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