PLO leader calls financial crisis "unprecedented"

Palestine Press Agency quotes Secretary of the Executive Committee of the PLO Yasser Abed Rabbo as saying that the PA's current financial crisis is "unprecedented."

He said that never before have the Arab nations been so delinquent in paying their pledges to the PA, echoing what PA prime minister Salam Fayyad said earlier this week.

Rabbo said that the financial crisis is "unprecedented and never at any time has the failure of previous Arab brothers for their obligations [been as serious] as is happening at the moment, and this is a surprise to us."

Like Fayyad, though, he said that the fact that the PA can't even stay afloat is not a reason that it shouldn't put in a bid for statehood in the US this September.

Because, we all know, the world needs another failed state.