Friday, May 26, 2006
5/26/2006 12:11:00 AM | 
Posted by
JoeSettler
I previously wrote about how US non-military financial aid to Israel was to be phased out this year thanks to Bibi Netanyahu, and suddenly today I came across this initially disturbing news update which states that the United States Congress approved the transfer of USD 2.4 billion in aid money to Israel in the framework of its aid program to nations committed to democracy.
Now the YNET article doesn’t state the details (but you can expect the anti-Semites to start commenting there soon enough), but unless this falls under the scope of the existing military aid package, the only thing I see is backsliding and regression.
Luckily, I did some more research which led me here, and then to here where I learned that this bill
Now while I also don’t approve of the continued military financing to Israel due to how it restricts us, at least we didn’t regress regarding economic aid.
I did notice the $120 million for “economic assistance”, and either that is the last payment of the economic aid package, or Bush’s last gift to Sharon for the deportations.
Now the YNET article doesn’t state the details (but you can expect the anti-Semites to start commenting there soon enough), but unless this falls under the scope of the existing military aid package, the only thing I see is backsliding and regression.
Luckily, I did some more research which led me here, and then to here where I learned that this bill
“provides an $83 million increase for Foreign Military Financing for Israel to assist in their security and counter-terror efforts. Total funding is $2.3 billion, the same as the President’s request. Also fully funds the President's $120 million request for economic assistance to Israel.”
Now while I also don’t approve of the continued military financing to Israel due to how it restricts us, at least we didn’t regress regarding economic aid.
I did notice the $120 million for “economic assistance”, and either that is the last payment of the economic aid package, or Bush’s last gift to Sharon for the deportations.
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