Obama Administration Bails Out Afghanistan's Largest Bank

From Fire Andrea Mitchell:

Obama regime bails out Afghanistan’s largest bank


It seems that the Obama regime is more concerned with the economic concerns of Afghanistan than this country. According to the New York Times, Afghan and United States governments reached a deal to bail out Afghanistan’s largest bank called “Kabul Bank” today, over worries about the Afghan economy. As is typical for this “transparent” regime, no details were released about the bail out.





The planned injection of cash into the beleaguered Kabul Bank is meant to slow the run on the bank by its customers, who have withdrawn more than $200 million in the past few days amid fears of a wider economic collapse.



But on Saturday, thousands of nervous Afghan depositors, unaware of the bailout and unconvinced of the bank’s solvency, stormed the bank’s central branch in Kabul to withdraw their savings.



The Treasure Department claims no “U.S. Taxpayer money” will be used for this bail out. But if that’s the case, where is the U.S. getting the more to “inject” into the Afghan bank? Somehow, I doubt Obama, Geithner or Bernake are paying for the bail out from their own pockets