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| -Short Attention Span Theater- |
| U.S. Treasury-Turkey Loan Should Be Signed on Sunday |
| 2003-09-19 |
| Fri September 19, 2003 01:37 PM ET By Anna Willard DUBAI (Reuters) - A senior U.S. Treasury official said on Friday $8.5 billion in U.S. loans to Turkey should be signed on Sunday. Asked when the deal, in the works since March, would be signed, Treasury Undersecretary for International Affairs John Taylor told Reuters "hopefully on Sunday." ... The first tranche of roughly $2.1 billion of the U.S. loan was expected to be paid out soon after the IMF review. President Bush offered the money to Turkey in March to compensate the country for the economic costs of the U.S.-led war in Iraq. A second condition of the loan disbursements was that Turkey must co-operate with the United States on policies toward Iraq. Turkey’s National Security Council, where the military discusses policy with elected officials, met on Friday to discuss a U.S. request to send troops to Iraq. Investors believe a deal will guarantee the loan package and improve relations between the NATO allies after Turkey refused in March to allow U.S. forces to invade Iraq from its soil. But the U.S. Treasury has said disbursements do not depend on whether Turkey agrees to the troop request. National Security Council did not endorse the troop request today, but the Turks will still get the money. Why? What is so special about them? |
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| #5 Keep dreaming Moore. The 'rich' in this country pay around 75%-90% of the total taxes in this country. You make $60,000 dollars a year then you pay around $10,000-$15,000 in taxes. Bush gave a tac cut and reimbursment check to them. While if you make $300,000 a year you pay around HALF that in taxes. Probably more in most cases. And the more you make, the more you pay. Despite popular belief, most people in this country make a good living if they listened in school. The lower income families are usually illegals, legals without a education (Which they can recieve on our expense), and High-school drop-outs. I'm not saying there aren't exceptions, but that's generally how it is. |
| Posted by: Charles 2003-9-20 12:08:30 AM |
| #4 Hey Tom--it sure is YOUR money, since the Bushies have reduced the taxes for the corporations and those making over 300K--now WE'RE paying the bill |
| Posted by: Not Mike Moore 2003-9-19 10:27:18 PM |
| #3 Actually, Turkey got hosed big time during Desert Storm. They joined the coalition which created increased border security problems and hordes of refugees. By then we were concerned with other matters, so the world stiffed them. |
| Posted by: Super Hose 2003-9-19 6:57:31 PM |
| #2 WTFO! |
| Posted by: raptor 2003-9-19 6:39:09 PM |
| #1 "The first tranche of roughly $2.1 billion..." Hopefully the downpayment is to get their attention and the balance will be offered as their cooperation warrants. That's my money, Murat. What have you done to deserve borrowing it, and how are you going to repay it? |
| Posted by: Tom 2003-9-19 2:59:11 PM |