US Aid to Israel
Original post made by Jag Singh, Duveneck/St. Francis, on Apr 17, 2007
According to Thomas Stauffer (see full report by staff writer David Francis of the Christian Science Monitor), a consulting economist in Washington, Israel has drained a staggering $1.6 trillion from the US Treasury since 1973. This nets out to be $5,700 per person based on the current U.S. population (or more than twice the cost of the Vietnam War). Israeli officials are now asking for more money. At a White House meeting last month, $4 billion in additional military aid and $8 billion in loan guarantees is being demanded to prop up the recession-bound economy. Based on the history of past loan guarantees, there is little likely hood, that Israel will ever pay back the loan, saddling US taxpayers with both principal and interest payments. U.S. aid money has always been paid to Israel without pre-conditions. Thus, it is very likely that this aid money and loan will be used to dispossess the Palestinians of more of their land to build ‘for Jews’ only illegal settlements. This comes at a time when more than 82% of the Palestinians are suffering from acute malnutrition resulting from the crippling economic sanctions and theft of Palestinian revenue by Israel. I urge readers to pierce the blanket of silence and demand an immediate halt to unconditional economic and military aid to Israel.