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Foreign Aid Outrage

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  • Description

    FBN’s Stuart Varney sounds off on continued government spending in the Middle East.

  • Duration 1:15
  • Date

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This transcript is automatically generated

Now -- -- take.

-- -- really different.

President Karzai says Afghanistan would back -- -- in -- war with America.

In Libya there's a big post what islamists took power the post cut off the government.

And in Egypt the Arab spring has turned into a military regime where Christians -- -- alternate.

And yet we all told we must keep the money flowing -- that is my take.

It's not working.

-- money has not -- -- friendship in the Middle East it has not produced anything like what you and I would recognize as a democracy that's the first argument.

That our billions of failed to apply off -- -- second on.

-- being taken for a ride look at Libya.

Four million people -- sold a hundred million dollars a day -- in oil revenues may be more.

And they need our money for -- President Obama puts it reconstruction.

And where the saudis all the kuwaitis they can't finance that -- religion lists.

-- argument.

We don't have any money we all borrowing well over a trillion dollars a year already we should borrow more to pay for a nice new houses for Libyans.

In your household when you'll broke you cut back and establish priorities direction.

Washington should do the same.

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