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Palestinians Have No Confidence in the Palestinian President
(Ha'aretz) Yasmin Zaher - PA President Mahmoud Abbas recently suspended a new social security law after months of protests and strikes. One protest slogan was: "Who will secure our social security?" The Palestinian street doesn't believe that the Palestinian Authority possesses either the political legitimacy or the economic knowhow and integrity to manage a multi-billion dollar fund. The Palestinian Authority operates in a model in which structures and laws can be overridden by informal politics and networks of wasta ("who you know"). To entrust it with the people's social security fund would be, in popular opinion, a dangerous gamble. People are not willing for their savings to pay for the PA's deficits and its untransparent financial systems.