Finance 101 for the Eurodhimmis
The Europeans are back:
The European Union said Friday it has begun paying "social allowances" to 625,000 Palestinians left unpaid and impoverished because of the financial crisis besetting the Hamas-led Palestinian government.Lesson 1 for the Eurodhimmis is to understand the fungibility of money.
The EU is funneling some US$771,000 a month through the program, launched in July for a three-month period. [EU External Relations Commissioner Benita] Ferrero-Waldner said she hoped a review this month would result in its continuation.
"We have kept our promise to help relieve the suffering of the Palestinian people during the current crisis," she told reporters.
Ismail has $10m. He does not have enough to (a) pay the wages of his people and (b) pay for the explosives, weapons and ammunition. He must make a choice.Complete the story.
Just then, there's a knock on the door and in walks Benita with a wad of cash.
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