"The developments are also relying on another American import, the home mortgage, including creation of a
Oh, BUCKS to be made ZIONIST BANKS, I see!!!!
Related: Lying Looters Large and Small: The Fannie-Freddie Family
Goldman's Gets Tax Credit For Sticking It In America's Fannie
And wait until you see the roster of globalists that plan to benefit.
Why would Palestinians want to bring OUR MORTGAGE MESS down on their already put-upon heads, huh?
"Palestinians use suburbs of US as housing model; Fannie Mae-style lending system is also planned" by Howard Schneider, Washington Post | December 13, 2009
I hate to keep reminding you, dear readers; however, the Washington Post is the CIA 's newspaper. It's coming straight from the source.
Oh, how I LOVE AGENDA-PUSHING ZIONIST PROPAGANDA in the morning, don't you?
A NICE, BIG BOWL for BREAKFAST in my Boston Sunday Globe!
RAMALLAH, West Bank - The hills around this city have seen plenty of construction, often the distinctive red-roofed homes favored by Israeli settlers.
But the bulldozers and laborers active here recently are laying foundations and building roads for a different type of development - planned communities targeted to middle-income Palestinians, including one billed as the first “new city’’ for Palestinians in modern memory.
These communities are patterned after American suburban development - the new city, Rawabi, is specifically designed for upwardly mobile families of a sort that in the United States might gravitate to places such as Reston, Va. The developments are also relying on another American import, the home mortgage, including creation of a
Though Israeli-Palestinian peace talks have stalled, Palestinian officials have put a focus on building the institutions of a future state, including their banking system and economy.
Backed by the US Overseas Private Investment Corp., or OPIC, and the nonprofit Middle East Investment Initiative, whose board is heavy with Washington insiders, a half-billion-dollar fund is being set up to expand a mortgage market that at present serves mainly the wealthy, or at least those who can afford 13 percent interest and the risk of quarterly rate resets.
Related: The World's Best Banking System
Yeah, they want you to trade that in for usurious Jew banks!
My advice to you, Muslims?
Don't make the trade; we should be adopting your system and jettisoning this looting system set up for Jews.
OPIC is putting up about half the money. The Palestinian Authority, through its Palestine Investment Fund, the International Finance Corp. and two local banks, are contributing the rest.
Yup, when you BOIL IT ALL DOWN, that is what it is ALL ABOUT!!!
And WHICH GROUP is behind the BANKS (not to mention the MSM PoS I am reading now)?
Yup, ZIONIST JEWS!!!!!!!!!!!!!
The Middle East Investment Initiative, which has close ties to the Aspen Institute and the DLA Piper law firm from which US peace envoy George J. Mitchell recently retired as chairman, is helping set up a company that will administer the fund.
Yup, your EVEN-HANDED NEGOTIATOR going to BENEFIT.
So what are the FEES they are going to COLLECT, 'eh?
The company, Affordable Mortgage and Loan - the AMAL acronym means “hope’’ in Arabic - will approve underwriting standards that are to be used by local banks and contribute 70 percent of a home’s purchase price in the form of 25-year loans. Rates are to be tied to US Treasury bonds.
Are you SURE you want to do that, Palestinians?
Our s*** damn near worthless these days.
Though the Fannie Mae analogy these days causes groans, it is apt. The new company’s purpose is to keep the mortgage market liquid and give banks the confidence to extend credit on terms that middle-income families can afford.
Yeah, JUST WHAT YOU WANT TO DO to YOUR HOUSING MARKET -- F*** it all up while ENRICHING GLOBALIST LOOTERS and BANKSTERS!!!!
I'm sorry, but I'VE SEEN THIS MOVIE BEFORE!!!!!
Those involved, including former secretary of state Madeleine K. Albright, former Fannie Mae board member Ann Korologos, and Jim Pickup, a partner at DLA Piper and counsel to the Aspen Institute, see a broad social aim - building a Palestinian middle class that will have a direct financial stake in the economic and political success of a future state.
(Whooooo-eeeeeeeh)
WAR CRIMINAL on the BOARD!!!!
"Sometimes Genocide Is OK...
It just depends who is in office at the moment.
Here is a much forgotten exchange between Lesley Stahl and Madeleine Albright on "60 Minutes" back on May 12, 1996 that is not getting much play lately:
Lesley Stahl on U.S. sanctions against Iraq: We have heard that a half million children have died. I mean, that's more children than died in Hiroshima. And, you know, is the price worth it?In case you missed that episode, here is the video:
Secretary of State Madeleine Albright: I think this is a very hard choice, but the price--we think the price is worth it.
Unconscious767 posted this video at YouTube and added this:
It's worth noting that on 60 Minutes, Albright made no attempt to deny the figure given by Stahl--a rough rendering of the preliminary estimate in a 1995 U.N. Food and Agriculture Organization (FAO) report that 567,000 Iraqi children under the age of five had died as a result of the sanctions.
--source--"
Just the kind of leader you want your organization to have, 'eh, Palestinians?
The Middle East Investment Initiative is also overseeing an OPIC-funded program that guarantees loans to small businesses in the West Bank.
Ah, MORE LOOT for the LOOTING!!
About $40 million in loans to 160 businesses has been approved. The Middle East Investment Initiative is studying plans to extend the program to businesses in the Gaza Strip, though it has had difficulty determining how to do so while also guaranteeing that it does not help entrepreneurs who are involved in smuggling or have ties to the Islamist Hamas movement that runs the territory.
I will deal with that momentarily!
Yeah, they are trying to HELP GAZA!!
The JEWISH MASS-MURDERESS of IRAQ is FOR PALESTINIAN KIDS!
Where was she last JANUARY as ISRAEL DUMPED WMD on those imprisoned people?
Yeah, that's what I thought!
The mortgage program, however, is seen as potentially revolutionary for an economy that is short on housing and constricted by ultra-conservative banking practices.
Translation: They don't charge USURIOUS INTEREST like LOOTING JEW BANKS!!!
The lack of affordable long-term lending means that adults, including newlyweds, often must stay with relatives while they save the money to pay cash for a home, or move into half-finished flats that are then completed bit by bit.
If they are not DEMOLISHED by ISRAEL first or SET ON FIRE by ZIONIST ZETTLERS!!!!
“Buying a home is a game changer,’’ said George Salem, a DLA Piper adviser who is helping raise about half a million dollars from private investors to fund Affordable Mortgage and Loan’s initial operating costs. There is the prospect of a return on that investment, as homebuyers begin repaying their loans. But it is years down the road, he said. “This is a contribution to help develop Palestine,’’ Salem said.
BUT they are STILL LOOKING to make a BUCK!!
And YOU THINK this is REALLY ABOUT YOU, Palestinians?
WHERE have these GOODHEARTED GLOBALISTS BEEN all this time, huh?
Two new developments are counting on the new mortgage program for their own success. The Palestine Investment Fund’s 2,000-unit Al-Reehan project is already underway, with model homes rising on a West Bank hilltop that, on a clear day, offers a glimpse of the Mediterranean.
“Even if the political horizon is uninspiring, this gives people hope and reason to stay the course,’’ said the fund’s chairman, Mohammad Mustafa, referring to the stalemate between Israelis and Palestinians in restarting peace talks.
Yeah, HOLD OUT 'hope" one more time as the LAND-STEALING CONTINUES and we "STAY the COURSE!!!!"
Now, about that RESET RATE with the LOAN, Palestinian....
--more--"
Oh, yeah, and ABOUT FORGOTTEN -- in my Zionist War Paper -- GAZA!!!
"Egypt works on border at Gaza to stem smuggling" by Sarah El Deeb, Associated Press | December 11, 2009
CAIRO - Egypt has been digging trenches and installing metal sheets underground along its border with Gaza in an apparent attempt to curb smuggling into the Palestinian territory through tunnels, Gaza border guards and area residents said yesterday....
Yeah, SCREW HELPING OUT those BESIEGED PEOPLE!
Why not HELP ISRAEL, you Zionist tool?
Related: Israeli Blockade is Good Business For Hamas
The "Terrorist" Tunnels of Gaza
Israel's Gazan Smuggling Operation
I'm sure that stuff will continue to make it through.
The project appears to be one of a series of measures Egypt has taken, some of them in cooperation with the United States, to crack down on smuggling since the end of Israel’s war on Hamas-ruled Gaza last winter.... Residents along the border said they have seen Egyptian construction crews clearing a corridor along the frontier, then drilling holes about 20 yards deep. They said the workers then filled the trenches with sand. The residents spoke on the condition of anonymity for fear of reprisal.
A Hamas border guard and a Gaza official said the Egyptians have been digging for the past 17 days in the area where the borders of Egypt, Israel, and Gaza meet. They said they dig during the day and put metal into the ground at night. Egyptian security officials confirmed a project was underway to curb smuggling. A senior Egyptian security official would not confirm nor deny the reports, and government officials did not return calls seeking comment.
That is a confirmation.
Egypt has been criticized by Arab and Muslim groups for cooperating with Israel in blockading the 1.4 million residents of the impoverished Gaza Strip for more than two years.
Then EGYPT is GUILTY of WAR CRIMES as well!!!!
“We in Hamas can’t believe that Egypt would put barriers between us,’’ Hamas lawmaker Yehiye Moussa said. “This is hard to believe. . . .
We demand that Egypt open its border,’’ he added.
Yes, IT IS HARD for me to believe that this is HAPPENING and that the UNENDING, WAR CRIMINAL SIEGE goes ON and ON and ON!!!
Where are you, U.N.?!
