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Wednesday, March 24, 2010

Ralph Nader on Israel and Aid http://www.politicaltheatrics.net/2010/03/ralph-nader-on-israel-and-aid/

On July 10, 1996, at a Joint Session of the United States Congress, Israeli Prime Minister Benjamin Netanyahu received a standing ovation for these words: “With America’s help, Israel has grown to be a powerful, modern state. …But I believe there can be no greater tribute to America’s long-standing economic aid to Israel than for us to be able to say: we are going to achieve economic independence. We are going to do it. In the next four years, we will begin the long-term process of gradually reducing the level of your generous economic assistance to Israel.”

Since 1996, the American taxpayers are still sending Israel $3 billion a year and providing assorted loan guarantees, waivers, rich technology transfers and other indirect assistance. Before George W. Bush left office a memorandum of understanding between the U.S. and Israel stipulated an assistance package of $30 billion over the next ten years to be transferred in a lump sum at the beginning of every fiscal year. Israel’s wars and colonies still receive U.S. taxpayer monies.

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