Article

2006-07-01 Israel-Palestine-Jordan

U.S. to pay $48 million to cover damages to Gaza power station???

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Posted by lotp 2006-07-01 16:10|| || Front Page|| [11132 views since 2007-05-07] Top

#1 So the $48million is the insurance deductible? I'm very confused.

Posted by trailing wife 2006-07-01 16:26|| 2006-07-01 16:26|| Front Page Top

#2 OPIC regularly insures some major projects built overseas with US aid. In this case, the $48 million would be the designated amount to be paid of the power plant was damaged due to various "political risks".

However, see the comment added above to the article, which says Haaretz is wrong and this damage won't be covered.

Posted by lotp 2006-07-01 16:27|| 2006-07-01 16:27|| Front Page Top

#3 I hope the U.S. hires my HMO to process this. They should be able to delay payment almost forever. First, they send a "Coordination of Benefits Information Request" to the Palestinians requiring response within ten days, but they don't actually mail it until day 20. Then they lose it when it is returned "late". Then, when Abbas manages to get through the phone menu maze, which is unlikely, they keep Abbas on hold for a few years. Then they tell him it's "in processing" which is better than "the check is in the mail" because that would be a lie. Then, the next time he calls, they tell him not to be so impatient -- it's still in processing. Repeat until he files an appeal. Require two months to process the appeal, then tell him he has won and the payment is -- you guessed it! -- in processing. If all else fails, send him a check that is only valid for 90 days -- and backdate it 91 days.

Posted by Darrell 2006-07-01 16:40|| 2006-07-01 16:40|| Front Page Top

#4 ;-)

Years ago I worked with a Russian emigre consultant. He had dealing with bureaucracy down to a science -- would show up for IRS audits with all his receipts in a shoebox, his English was suddenly much poorer, he would tremble and ask if he was in trouble - he was from Soviet Union, no trouble please .... quite good at it, he was.

Posted by lotp 2006-07-01 16:46|| 2006-07-01 16:46|| Front Page Top

#5 It was the stress of the situation, surely, lotp. My German deteriorated dreadfully that time the police officer didn't like how I drove through the neighborhood... (I don't understand it -- I wasn't going much above the speed limit, and I'd come to a rolling stop at the sign)

Posted by trailing wife 2006-07-01 16:58|| 2006-07-01 16:58|| Front Page Top

#6 tw, Boris' language problems were QUITE specific. ;-)

Posted by lotp 2006-07-01 17:12|| 2006-07-01 17:12|| Front Page Top

#7 I hope the U.S. hires my HMO to process this.

Now there's an RB original line.

Posted by 6 2006-07-01 19:17|| 2006-07-01 19:17|| Front Page Top

#8 The $48M is probably the replacement cost and does not include the other $102M siphoned off from the original $150M construction by various Palestinian political thieves for permits and expert consultation.

Posted by RWV 2006-07-01 20:55|| 2006-07-01 20:55|| Front Page Top

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