A U.S. Bail-Out For Afghan Banks??
As a dude from "around the way" in my old neighborhood would say when something was NOT going to happen "Aw he11 Naw!!! And I would have to strongly agree as far as ME bailing out the Afghan Central Bank. The war should be theirs, as well as any bailing out of THEIR bank.
As reported by nytimes.com In a bid to fend off the threat of a nationwide financial crisis, the Afghan government scrambled to shore up Afghanistan’s largest bank on Saturday after lines of frantic depositors mobbed the bank for a third day. Some believe
The efforts, which an Afghan official said could include the injection of Afghan government funds into the privately owned Kabul Bank, are meant to head off the run on the bank by its customers, who have withdrawn more than $200 million in the past few days amid fears of a wider economic collapse.
Officials said the Afghan government had not decided whether it needed to bail out the bank. But the Afghan Central Bank has pulled in funds from abroad, including $300 million that had been held in the United States Federal Reserve Bank, to have money on hand to guarantee the bank’s liquidity, American officials said.
A small team of advisers from the United States Treasury Department was in Kabul providing technical assistance, but American officials said no United States funds would be involved in the effort to rescue the bank.(Adam b. Ellick)
Yes I would say that no United States funds should be used to help bail out the Taliban, because let's face it, it is THEY who are really running things over there thanks to Karzai, or don't you agree?
