WSJ: Obama Should Continue Egyptian Aid

Friday, 05 Jul 2013 11:23 AM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Cutting aid to Egypt now following the country's military coup would be a mistake, the Wall Street Journal said Friday in an editorial.

"Unpopular as America is in Egypt, $1.3 billion in annual military aid buys access with the generals. U.S. support for Cairo is written into the Camp David peace accords with Israel," the paper pointed out.

"Washington can also do more to help Egypt gain access to markets, international loans and investment capital. The U.S. now has a second chance to use its leverage to shape a better outcome."

The Journal said President Barack Obama has been insufficiently engaged about Egypt since the turmoil began there in 2011.

"America can . . . do more than it has," Journal editors write.

"The Obama Administration has been caught trailing events at every turn,' first in supporting former president Hosni Mubarak "before abruptly throwing him over," and then embracing his successor Mohammed Morsi "despite his authoritarian turn."

Inaction has been the dominant theme for the White House, according to the editorial.

"President Obama stayed quiet throughout the latest crisis, finally issuing an anodyne call Wednesday night for 'a democratic political order with participation from all sides and all political parties — secular and religious, civilian and military.'"

The United States also has an opportunity to assist Egypt economically, helping it gain access to markets, international loans and investment capital, the editorial says. "The U.S. now has a second chance to use its leverage to shape a better outcome."

The paper said armed forces chief Abdul Fatah al-Sisi has to continue Egypt's transition to democracy. "If General Sisi merely tries to restore the old Mubarak order, he will eventually suffer Mr. Morsi's fate."

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Report: Emails Show Justice Dept. Involved in IRS Tea Party Probe

Wednesday, 16 Apr 2014 19:01 PM

Embattled former IRS official Lois Lerner last year discussed working with the Justice Department to prosecute nonprofit . . .

White House Census Changes Mask Obamacare Impact

Tuesday, 15 Apr 2014 13:55 PM

The Census Bureau, the authoritative source of health insurance data for more than 30 years, is revising its annual surv . . .

Tributes Planned to Mark Boston Marathon Bombing

Tuesday, 15 Apr 2014 06:17 AM

The anniversary of the Boston Marathon bombings promises to be a day of tributes to the three people who died, the more  . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved