HISTORY> In Dec 2009, President Obama Approved $30 Billion in Military Aid to Israel - $3 Billion per year for ten years. That was the single largest expense of the 2010 foreign aid budget, President Obama approved $2.775 billion in military aid to Israel as the first payment in a decade-long commitment that will reach at least $30 billion. It has been going on for decades - Zionists Priming the money-well in the US Congress.... AIPAC spends $Millions to lobby our legislators .. and gets $Billions in return for Israel. Over the past four years, President Obama has supported maintaining U.S. military aid to Israel with the highest single aid package to any country at the rate of $3.1 billion annually. The US originally provided both military and civilian aid, but it has since been folded entirely into massive military aid - at Israel’s request. The US requires that Israel spend 75% of the money with US military contractors, thus using the foreign aid budget to subsidize U.S. weapon-makers. In addition to military aid, the US also provides $3.148 billion in loan guarantees to Israel, part of a Treasury Department program aimed at keep Israel’s debt manageable. Ironically, America’s own debt continues to rise as the US budget spiraling out of control. Last year, Israel’s military budget at home amounted to $13.3 billion, so the US funding is a significant portion of their overall expenditure. There was no serious Congressional debate of reducing aid to Israel. news.antiwar/2009/12/18/obama-approves-30-billion-in-military-aid-to-israel-over-next-decade/
Posted on: Tue, 05 Aug 2014 20:44:14 +0000