While so many Americans are subsisting on food stamps, losing their homes, and accumulating credit card debt they will never be able to pay off, the US is giving Israel $3 billion in direct foreign aid every year and, according to Congressman James Traficant, another $12-17 billion in indirect aid such as valuable military equipment deemed “scrapped,” loan guarantees, and preferential contracts. Israel is an affluent country with more than 10,000 millionaires and, according to the International Monetary Fund, was one of the few economies that weathered the 2008 financial storm nearly unscathed.
By: Alcibiades Bilzerian
It’s hard to calculate the exact amount of foreign aid America gives Israel every year because the Israeli lobby in America secretly campaigns to give the tiny desert nation as much under-the-table aid as they can secure. In 1992, AIPAC President David Steiner was caught on tape bragging about his organization’s incredible power in America. Steiner first admitted to manipulating the US Secretary of State into giving Israel more foreign aid. Steiner said he, ”met with [Secretary of State] Jim Baker and I cut a deal with him. I got, besides the $3 billion, you know they’re looking for the Jewish votes, and I’ll tell him whatever he wants to hear … Besides the $10 billion in loan guarantees which was a fabulous thing, $3 billion in foreign, in military aid, and I got almost a billion dollars in other goodies that people don’t even know about.”
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