(INVESTOR'S BUSINESS DAILY) -- The sequester has "cost jobs," says President Obama, and "gutted investments in education and science and medical research." But somehow he's earmarked $500 million for Hamas terrorists.
Circumventing Congress and with no fanfare, President Obama last week issued an executive order enabling him to send an additional $500 million directly to the Palestinian Authority in the West Bank — much of which you can bet will wind up going to the Iranian-backed Hamas terrorist organization.
According to Obama, "it is important to the national security interests of the United States to waive the provisions of" Congress' legislative restrictions "in order to provide funds . .. to the Palestinian Authority."
At the beginning of his first term, Obama promised close to $1 billion in aid to the Palestinian Authority, with then-Secretary of State Hillary Clinton pledging none of it would reach Hamas.
But the Hebrew-language newspaper Yediot Acharonot has documented that tens of millions of dollars in aid for the PA — from Israel — ended up being used by Hamas for weapons. If Israel can't guarantee its own aid is safe, how can we?
What's more, back in February, the president was warning that the "meat cleaver" of the impending budget sequester of automatic spending cuts would "jeopardize our military readiness" — the budget ax having amazingly already "forced the Navy to delay an aircraft carrier that was supposed to deploy to the Persian Gulf" even before it came into effect.
Sequester was going to force the government to "let criminals go," Obama claimed, jeopardize "air traffic controllers and airport security," cause tens of thousands of parents "to scramble to find child care," and put "hundreds of thousands of Americans" at greater risk of cancer and flu.
Well, the sequester has been supposedly devastating the functions of the federal government for nearly five months now.
And yet the president just managed to pull a half-billion dollars in taxpayer money out of the U.S. Treasury's hat to fund further an organization that will likely finance more rockets to kill Israeli citizens on their home soil. Continue reading via IBD...