Claudia Rosett, 03.05.09, 12:00 AM EST
New U.S. and U.N. money for Palestine goes into a black hole.
If stuffing billions worth of aid into the Palestinian territories could end Islamist terrorism out of Gaza, it might be worth the money. That seems to be President Obama's gamble, with Secretary of State Hillary Clinton jetting to a donors' conference in Sharm el-Sheikh, Egypt, this past Monday, to chip in $900 million on behalf of U.S. tax payers. All told, more than 70 countries, cheered on by United Nations Secretary-General Ban Ki-Moon, pledged a whopping total of $4.5 billion in fresh aid to the Palestinians. (read full article)