Comments on: US cuts off $200 million in aid to Palestinians https://www.eutimes.net/2011/10/us-cuts-off-200-million-in-aid-to-palestinians/ We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Wed, 12 Oct 2011 21:05:56 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Jared https://www.eutimes.net/2011/10/us-cuts-off-200-million-in-aid-to-palestinians/comment-page-1/#comment-33682 Wed, 12 Oct 2011 21:05:56 +0000 http://www.eutimes.net/?p=17380#comment-33682 Over the last 20 years, the U.S. has been slowly phasing out economic aid to Israel and gradually replacing it with increased military aid. Beginning in 2007, the U.S. has increased military aid by $150 million each year. By FY2012, we will be sending Israel $3.09 billion a year (or an average of $8.5 million a day) and will continue to provide military aid at that level through 2018. U.S. tax dollars are subsidizing one of the most powerful foreign militaries. According to the CRS report, “[current U.S. military aid] grants to Israel represent 18.2% of the overall Israeli defense budget.”

Contrary to ordinary U.S. policy, Israel has been and continues to be allowed to use approximately 25% of this military aid to purchase equipment from Israeli manufacturers. According to CRS, “no other recipient of U.S. military assistance has been granted this benefit.” Thanks in part to this indirect U.S. subsidy, Israel’s arms industry has become one of the strongest in the world. “Between 2001 an 2008, it was the 7th largest arms supplier to the world with sales worth a total of 9.9 billion.”

In addition to military aid, the United States continues to provide Israel with additional aid and benefits. The numbers are not yet available for FY2009, but are likely to be significant.

By all accounts the United States has given more money to Israel than to any other country. The Congressional Research Service’s conservative estimate of total cumulative US aid to Israel (not adjusted for inflation) from 1949 through 2010 is $109.001 billion.

Please wait...
]]> By: Al Sheeber https://www.eutimes.net/2011/10/us-cuts-off-200-million-in-aid-to-palestinians/comment-page-1/#comment-33375 Sat, 08 Oct 2011 16:04:39 +0000 http://www.eutimes.net/?p=17380#comment-33375 The Saudis will cover up the loss, the Obama weirdos will pass through the jizya money to the Saudis in some devious way and everybody will be happy!

Please wait...
]]>