If we don’t bail out the Kabul Bank – the notoriously corrupt institution run by Mahmoud Karzai, brother of the Afghan "president," which has handed out millions in "loans" to Karzai’s cronies – will the terrorists have won? Well, yes, according to Mahmoud, who demands that America "do something," i.e. hand over lots of cash.
Khalil Frozi, another Karzai crony, and one of the two largest shareholders, said a "revolution" would occur unless the US Treasury department acted to guarantee that "everyone gets their money."
Kabul Bank is threatened by a classic bank run, with throngs of depositors lining up and demanding their money. It appears that the two former bank officers and their friends – Afghan government officials, for the most part – basically looted the bank, investing in Dubai real estate which has plummeted in value.
If the US government bails out the Kabul bank, every cent of that bailout will have been stolen from US taxpayers, already on the edge financially, and sinking fast.
Should such a bailout occur, it will be the US government's ultimate moment of ****ing in the face of every single US citizen, and telling them it's raining, while US infrastructure collapses, and homeless Vets are sleeping in our streets.
One has to wonder as to just what shape collective American outrage will take, at that point. It's going to be an interesting November election season.