19 November 2008, 5:44 pm
Bush Pledges $1 Billion to Georgia By AP/JENNIFER LOVEN Thursday, Sep. 04, 2008Print Email Share Digg Facebook Yahoo! Buzz Mixx Permalink Reprints Related (WASHINGTON) — Pushing back against an increasingly aggressive Moscow, President Bush said Wednesday the U.S. will send an extra $1 billion to Georgia to help the pro-Western former Soviet republic in the wake of Russia's invasion. More Related Cheney’s Real Mission in Georgia Bush Raises the Heat in Georgia Crisis NATO: Still a Sore Point With Putin "Georgia has a strong economic foundation and leaders with an impressive record of reform," Bush said in a statement. "Our additional economic assistance will help the people of Georgia recover from the assault on their country, and continue to build a prosperous and competitive economy." Vice President Dick Cheney, due in Georgia on Thursday, planned to make the massive aid package a major highlight of his discussions with Georgian President Mikhail Saakashvili. Cheney is on a tour of three former Soviet republics that are wary of Russia's intentions in what Moscow likes to call its "near abroad" sphere of influence and what Cheney termed while in Azerbaijan on Wednesday "the shadow of the Russian invasion of Georgia." "The free world cannot allow the destiny of a small independent country to be determined by the aggression of a larger neighbor," Secretary of State Condoleezza Rice told reporters at the State Department in a simultaneous announcement with Bush. She mocked Russia for its recognition of the two separatist regions in Georgia that are at the heart of the conflict that broke out last month, and for its failure to garner international backing. "Almost no one followed suit, I might note. It isn't really an impressive list to have Abkhazia and South Ossetia recognize each other," she said. Also in tandem with Bush, the International Monetary Fund announced it has agreed to lend Georgia $750 million for economic recovery. The administration is delaying an announcement on some sort of punishment of Russia for its actions against Georgia and its refusal thus far to comply with a French-brokered cease-fire. However, the decision to shower tiny Georgia with such substantial aid and have Cheney talk about it in Moscow's backyard will likely be seen by the Kremlin as highly provocative, if not a punitive measure in and of itself. Bush said the money will meet humanitarian needs, such as helping to resettle families that were displaced. The U.S. already has provided $30 million in humanitarian relief since the conflict began. Can he spare another $60 million fo the USA? Why do we give ga-zillions to everyone for-ever but never have enough to keep everyone in the US employed. Uncle Sam, Can you spare a job at least????... Read More »
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