On Ramadan's eve, severe financial crunch hitting occupied territories

Discussion in 'Israel and Palestine' started by P F Tinmore, Aug 4, 2011.

  1. P F Tinmore
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    P F Tinmore Platinum Member

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    According to PA officials, the current financial crisis hitting the occupied territories is probably the severest in living memory, certainly since the establishment of the Palestinian Authority (PA), following the conclusion of the Oslo Accords between Israel and the PLO in 1993.

    Another key factor contributing to recurrent financial problems besetting the PA stems from the unnecessarily bloated security establishment which devours a huge chunk of the Palestinian budget.

    The PA has as many as 80,000 security personnel on its payroll. The bloated force, built on instructions from the western donor countries, particularly the United States, consumes as much as $50 million per month.

    Some security experts have opined that for the purposes of keeping law and order, the Palestinian community in the West Bank needs no more than a moderate civilian security force totaling 10,000-20,000 police officers.

    However, the PA thinks that the huge security force is necessary to protect its own survival, especially in the face of a possible revolution and also to prevent the recurrence of what happened in the Gaza Strip in 2007 when the Islamic Liberation Movement, Hamas, wrested control over the coastal enclave, from Fatah militias which tried, with vigorous US assistance, to overthrow the democratically-elected government of Hamas.

    In recent months, especially since the PA leadership announced plans to seek UN recognition of a putative Palestinian state, Israel suspended the transfer of customs and tax revenue payments to the Palestinian government in Ramallah. The financial strangulation was only relaxed after the PA pressed the Obama administration and EU states to pressure Israel to reconsider the draconian measure, resorted to every time the PA refuses to be at Israel's beck and call.

    On Ramadan's eve, severe financial crunch hitting occupied territories
     
  2. docmauser1
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    docmauser1 Gold Member

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    It's obvious, the current palistanian occupation doesn't pay, but they're still determined to prove a thesis of how to run their fraud of a state on foreign aid entirely nonetheless.
     
  3. P F Tinmore
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    P F Tinmore Platinum Member

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    The old Oslo PA has expired an is dead. A new constitution creating a new government was approved in 2003. It does not mention Israel. It does not mention the occupation. It does not mention Oslo. It does not mention the PLO.

    Now if Abbas and his crook cronies would get out of the way and let the new government work...
     
  4. docmauser1
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    docmauser1 Gold Member

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    Been there, heard that. Normal people typically try to get a life and a job, palistoonians, on the other hand, ruin whatever they have, including opportunities of getting a life and a job. Their raison d'etre has been destruction of another state. Arafat, pisss be on his grave, had proclaimed in his Gaza speech that Gaza city would've become a new Singapore or something. Where's that Singapore? - In the arab dreams of saddling Tel Aviv and plundering it like no tomorrow, of course. When recent heavy rains poured, Caza city was swimming in its own shitt, literally, because those idiots wouldn't maintain (let alone upgrade) their sewage system. Cologne Gaza, anyone?
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Israeli and Asian markets reeling...
    :eek:
    Israeli Stock Market Plunges in Response to US Debt Crisis
    August 07, 2011 - The debt crisis in the United States, including the downgrading of the U.S. debt rating by a major agency, had a negative impact on the first day of the trading week in the Middle East. Stock markets in Dubai and Egypt dropped about four percent, and the effects were even worse in Israel.
    See also:

    Asian stock markets fall after US credit downgrade
    – Asian stocks dropped sharply Monday as the first-ever downgrade of the U.S. government's credit rating jolted the global financial system, reinforcing fears of a rapid slowdown in economic growth.

     
  6. CitizenPained
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    CitizenPained Dissident-Jude

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    Aren't leftists fond of this mantra?

    [​IMG]
     
  7. P F Tinmore
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    P F Tinmore Platinum Member

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    [ame=http://www.youtube.com/watch?v=M5UKLRRM2iE]‪This is what the Palestinian economy looks like‬‏ - YouTube[/ame]
     
  8. CitizenPained
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    CitizenPained Dissident-Jude

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  9. P F Tinmore
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    P F Tinmore Platinum Member

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    Hmmm.

    You should read up on Fayyad's economic plan. It is not what the salesmen say it is.

    Remember Argentina.
     

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