No Need for Terrorist Flotillas: Obama Hands $400 Million to Gaza

How's this for fiscal austerity? We're on a path to being unsustainable ourselves, so Dear Leader decides to fork over $400 million of our money to Gaza claiming they're unsustainable.

President Obama pledged $400 million on Wednesday to help Palestinian President Mahmoud Abbas provide fresh water and shelter to people in the increasingly "unsustainable" Gaza Strip.

"It is important for us to explore new mechanisms so that we can have goods and services and economic development, and the ability of people to start their own businesses, and to grow the economy and provide opportunity within Gaza," Obama said after meeting with the Palestinian leader.

The money will be earmarked for clean drinking water, jobs, improving schools and housing, the White House said.

Oh, that's sure to work. They guy who's presided over the permanent loss of millions of American jobs will help create jobs in Gaza?

Ha ha ha ha...