Israel’s dependence on foreign aid

Arab Chriatian Professor Edward Said (1935-2003) was honored by Islamophobe David Horowitz (FrontPage magazine, November 11, 2001) as “terrorist” along with the Crypto-Zionist Jewish professor Noam Chomsky, wrote once that if Washington stop providing financial aid to the Zionist entity for a few years – Israel would stop to exist.

The Jewish Lobby called Edward Said a ‘conspiracy theorist’ for making that statement. However, David Horowitz‘s reaction to Rep. Ron Paul’s call for halting billions of dollars aid to Israel – proved how right Edward Said was. David Horowitz called Ron Paul a “vicious anti-Semite“.

According to US economist, Thomas R. Stauffer, the Zionist entity has cost US taxpayers more than $3 trillion a decade ago. The Zionist-controlled western mainstream media conceals the horrible disparity in Israel’s economic culture behind Israel’s great achievements in science, technology and wealth. However, in reality, Israel is one of the most socially polarised societies in the developed world. According to the Adva Institute, an Israeli equality and social justice NGO, top managers earn $523,000 a month, nearly 500 times the average monthly salary of $1,440. This is fives time the differential in the US.

Between 2005 and 2007, Israel produced more millionaires per capita than any other country. At the same time, 1.5 million Israelis, or more than 20 percent of the population, live in poverty – defined as living on 50 percent or less than the median income. Fully 34 percent of Israeli children live in poverty. Among the advanced countries, only the US has higher poverty levels.

Danny Richardson posted an interesting article, entitled Israel and foreign aid at World Socialist Web Site (WSWS) on February 11, 2012 – in which he wrote:

Israel is a small country without natural resources and at war with its neighbours. From its creation under the aegis of the major Western powers, it was dependent upon external aid from these same powers – without which it was no more viable than such states as Jordan and Lebanon.

By far the most important source was the United States. After 1967, US aid rose from $50 million a year to $3 billion a year by 1986 ($1.2 billion economic aid and $1.8 billion military), making Israel the highest per capita recipient of US aid in the world. Whereas most US foreign aid is tied to specific projects and the purchase of US goods and services, and overseen by the government agency USAID, US aid to Israel goes straight into the country’s exchequer as a cash transfer.

Most of the military loans were converted into grants and the remaining loans were “forgiven” by Congress. But even these annual $3.5 billion in aid and grants were to become insufficient. In 1992-96, the US stepped in to provide $10 billion in loan guarantees and a similar amount in 2003. Without such guarantees, Israel would have been bankrupt…..

Interestingly, while many top US lawmakers are demanding that Ben-Obama cut $1.3 billion annual military aid (largest after Israel) to Egypt- Dr. Anthony H. Cordesman, whom his fellow Jewish academic, Dr. Norman Finkelstein, called a War Whore, believes that such move will be harmful to Israel – even an Egypt under a Muslim Brotherhood regime. Cordesman is a member of American Jewish Committee (AJC) funded think tank, the Center for Strategic and International Studies (CSIS).

3 Responses to Israel’s dependence on foreign aid

  1. Ron Paul wants to stop ALL foreign aid, not just to Israel. “WE’RE BROKE! WE NEED TO STOP SPENDING ALL OUR MONEY OVERSEAS!” He says that all the time but you race-bating idiots always make everything an attack on your race. But you need to grow up and realize that Jew isn’t even a race but a religion. At one time it might have been a race, but being scattered to the 4 winds by the Romans, I don’t buy the claim that it persists as a race. There are Jews of every race but there is no race of Jews. You can call that antisemitic is you like but its simply the facts. And WE’RE BROKE. So, if you want money, ask Yahweh for some. He’s supposed to be Israel’s sugardaddy, not the United States. If your tribal god can’t keep the promises he made to you in Isaiah, what, I have to make up the difference out of my pocket? Palease!

  2. There are no Palestinians. Again, they were scattered to the 4 winds by the Romans. Those who call themselves Palestinians are just Arab mongrels crawling up from the crap pits of mecca looking for a handout because they are too retarded to be self-sufficient and have to be given a handout by non-Moozlims since all Moozlims are retarded and live in their own dung.

    • The Palestinians existed for over 3000 years and were scatered during last seven decades by Europe’s unwanted Jews – who, according to Jewish historian dr. Shlomo Sand were INVENTED only a century ago.

      Shalom = “What’s good for Jews,” Gilad atzmon, Israeli-born Jewish Jazz player, author and blogger.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s