Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

Foreign Aid to Egypt Should be Cut. There Has Been a Coup.

July 8, 2013 By Richard C. Young

The Obama Administration sits on the sidelines dumbfounded, showing not a shred of leadership. Writing in The American Conservative, W. James Antle III outlines with clarity the action that needs to be taken.

Existing federal law may force the U.S. government to do something previously proposed by Rand Paul: cut off foreign aid to Egypt.

Under Section 508, “none of the funds appropriated or otherwise made available pursuant to this Act shall be obligated or expended to finance directly any assistance to any country whose duly elected head of government is deposed by a military coup or decree.”

While President Obama has been careful to avoid labeling the ouster of democratically elected Egyptian President Mohamed Morsi a coup, the provision is not subject to presidential waiver.

Last year, Paul introduced legislation to suspend foreign aid to Egypt, Libya, and Pakistan. After the Senate overwhelmingly defeated his bill, Paul ran ads against swing-state Democratic senators who voted against it.

“While they tear down and burn the American flag in Egypt and shout ‘death to America’,” said the narrator in the spot that ran in West Virginia, “Joe Manchin votes to provide U.S. taxpayer aid to Egypt.”

Paul also tried unsuccessfully to block the sale of fighter jets and tanks to the Egyptian government. “I think it particularly unwise to send tanks and our most sophisticated fighter planes to Egypt at a time when many are saying the country may be unraveling,” he said on the Senate floor.

The Senate thought otherwise, rejecting Paul’s amendment by a vote of 79 to 19. Every vote in favor, however, came from fellow Republicans.

If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.

Related Posts

  • Counterproductive Foreign Aid Should be Cut
  • Why Not Cut Foreign Aid?
  • Obama Should Have Suspended U.S Aid to Egypt
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Latest posts by Richard C. Young (see all)
  • Jean-Pierre: Economy “Not Something that We Keep an Eye on Every Day” - May 20, 2022
  • V4 Stands Against North African and Middle Eastern Invasion - May 19, 2022
  • ENERGY FREEDOM ACT: Ted Cruz Introduces Bill for Energy Independence - May 19, 2022

Dick Young’s Must Reads

  • Your Life on Main Street will Never be the Same
  • YOU DESERVE FREEDOM: Your Hard Work Will Make It Happen
  • The County Sheriff: America’s Last Hope
  • Gold/Silver Coins No Longer Allowed in Safe Deposit Boxes
  • The Swiss Way
  • America’s Colleges Have Become Progressive Liberal Rat Holes
  • Government Should Be Small, Laws Unobtrusive, and Men Left Alone
  • The Problem in America
  • Young’s Retirement Compounders Clearly Dominate!
  • California’s Progressive Liberals Have Created a Monster

Disclosure

RSS Youngresearch.com

  • Job Market Survival Advice for Graduates and for Those YOU Love
  • BULLWHIPPED? Inventory Overhang Could Slow Growth in Certain Sectors
  • BUY THE DIPS? Can You Catch a Ginsu Knife?
  • MARKET TURNING: Canada’s Housing Market Turmoil
  • “I’ve Been with Richard Young for Over 30 Years Now”
  • All-Powerful Money Managers Voting YOUR Money Targeted by Senate GOP
  • HORDING CASH: Funds Hold the Highest Level of Cash Since 9/11
  • COMMODITY CRUNCH: Will Tesla Buy a Cobalt Mine?
  • Young Americans Fall in Love with Farming, Again
  • Your Survival Guy: “Sell in May, Buy After Labor Day?”

Joe Biden – Malicious, Incompetent, a Wannabe Left Wing Ideologue?

Jean-Pierre: Economy “Not Something that We Keep an Eye on Every Day”

Job Market Survival Advice for Graduates and for Those YOU Love

The Destructive Rise and Fall of BLM

What Would We Do without the Experts?

V4 Stands Against North African and Middle Eastern Invasion

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives