US pays $48 million to cover damages to Gaza power station

[Dr_Phibes]

Wtf?

You don't even get to bomb it, but you have to pay for it!?!?

You should bomb the rubble, just on principle.

U.S. to pay $48 million to cover damages to Gaza power station

Last update - 22:22 01/07/2006


U.S. to pay $48 million to cover damages to Gaza power station

By Akiva Eldar, Haaretz Correspondent and Haaretz Service


United States officials said they expect that U.S. funds will be used to pay for the damages caused by an Israel Air Force strike Tuesday on a Palestinian power station in the Gaza Strip. The power station was insured by a U.S. government agency, according to The Boston Globe.

The Foreign and Defense Ministry departments that oversee foreign relations were unaware of the decision to target civilian facilities in the Strip, or the decision to attack the power station. Because of this, officials did not know that the station was insured by a U.S. government agency. Israel did not inform the U.S. prior to attacking the power station.

The power station in Gaza was built over a period of five years, at a cost of $150 million. In 1999, the Enron Corporation, along with Palestinian businessman Said Khoury, began working on the project. In 2000, Khoury's Morganti Group purchased Enron's share of the project.


The power station began operating in 2002, reaching full commercial capacity in 2004. The owners of the power station insured it, through the Overseas Private Investment Corporation, for a sum of $48 million due to "political risks." OPIC is a U.S. government authority that insures U.S. investments in developing markets.

A spokesman for the agency said the insurance purchased by the Morganti Group covers instances of political violence, which include wars and acts of terror.

The plant supplies electricity to some 860,000 people.

http://www.haaretz.com/hasen/spages/733394.html

[Shlomart Ben Yisrael]

Wasn't it Colin Powell that said:

"You break it, we buy it..."?

Much like taking your kid to Circuit City, and having them knock LCD monitors and cell phone
display racks off the shelf.

America should just put the mini-van in park, lean over the arm rest and scream,

"You darned kids! Don't make me turn this car around!"...

...and then look over at the wife and grumble...

"It's all your fault, you know. If you didn't spoil them all the time. I should have known you'd have turned into your mother when I married you...I need a divorce...

[Shlomart Ben Yisrael]

He must have meant "Jew break it. We buy it." Hopefully, we'll be deducting this from their allowance.

Allowance? Ha-ha. That's a good one.

I think you should accept your unique "arrangement" the same way a porn actress accepts anal scenes when she agrees to do adult films.

Just say things like "Mmmmm...yeah....fuck my ass, baby...mmmmm....yeah...Daddy...."

...and occasionaly look into the camera all dreamy eyed and give your lip gloss a wetting with your tongue.

And keep those cheques coming, you dirty anti-Semites.

[Shlomart Ben Yisrael]

There's nothing unique about it. We have the same arrangement with Egypt among others.

Double passport holding, dual citizen Egyptians spy on American government installations and lobby the U.S. Congress* for Mubarak?

Colour me shocked.




* an illegal act for any foreign national...except Israel.

[Shlomart Ben Yisrael]

Hurts like a bitch, don't it?