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Article #11323Re: The Real Cost of US Support for Israel:
From: greg3347
Date: Thu, 06 Dec 2007 19:15
Date: Thu, 06 Dec 2007 19:15
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11586 bytes
On Dec 4, 5:45 pm, "Roy Roger" <rro...@yahoo.com> wrote: > The Real Cost of US Support for Israel: > $3 billion every year, total: $3 Trillion > > Support for Israel has cost America dearly - well over than $10,000 per > American. However the Israeli-Palestinian conflict has been extremely costly > for the entire world. According to Stauffer, the total bill for supporting > Israel is two to four times higher than that for the U.S. alone - costing > the global community an estimated $6 to $12 trillion. > > By Christopher Bollyn > > June 25, 2003 > > In order to keep the parasitic state of Israel financially alive, > bankrupt America is forced to invade other countries like a robber baron, > taking their riches and cashing them in for Israel. > > "Amerika put the lives of its sol-diers on the line when waging > war against Iraq. This war was to secure the future of Israel." > > Helmut Kohl, Ex-German Chancellor, Frankfurter Allgemeine Zeitung > June 14, 2003, p. 8 > > While it is commonly reported that Israel officially receives some $3 > billion every year in the form of economic aid from the U.S. government, > this figure is just the tip of the iceberg. There are many billions of > dollars more in hidden costs and economic losses lurking beneath the > surface. A recently published economic analysis has concluded that U.S. > support for the state of Israel has cost American taxpayers nearly $3 > trillion ($3 million millions) in 2002 dollars. > > "The Costs to American Taxpayers of the Israeli-Palestinian Conflict: $3 > Trillion" is a summary of economic research done by Thomas R. Stauffer. > Stauffer's summary of the research was published in the June 2003 issue of > The Washington Report on Middle East Affairs. > > Stauffer is a Washington, D.C.-based engineer and economist who writes > and teaches about the economics of energy and the Middle East. Stauffer has > taught at Harvard University and Georgetown University's School of Foreign > Service. Stauffer's findings were first presented at an October 2002 > conference sponsored by the U.S. Army College and the University of Maine. > > Stauffer's analysis is "an estimate of the total cost to the U.S. alone > of instability and conflict in the region - which emanates from the core > Israeli-Palestinian conflict." > > "Total identifiable costs come to almost $3 trillion," Stauffer says. > "About 60 percent, well over half, of those costs - about $1.7 trillion - > arose from the U.S. defense of Israel, where most of that amount has been > incurred since 1973." > > "Support for Israel comes to $1.8 trillion, including special trade > advantages, preferential contracts, or aid buried in other accounts. In > addition to the financial outlay, U.S. aid to Israel costs some 275,000 > American jobs each year." The trade-aid imbalance alone with Israel of > between $6-10 billion costs about 125,000 American! jobs every year, > Stauffer says. > > The largest single element in the costs has been the series of > oil-supply crises that have accompanied the Israeli-Arab wars and the > construction of the Strategic Petroleum Reserve. "To date these have cost > the U.S. $1.5 trillion (2002 dollars), excluding the additional costs > incurred since 2001," Stauffer wrote. > > The cost of supporting Israel increased drastically after the 1973 > Israeli-Arab war. U.S. support for Israel during that war resulted in > additional costs for the American taxpayer of between $750 billion and $1 > trillion, Stauffer says. > > When Israel was losing the war, President Richard Nixon stepped in to > supply the Jewish state with U.S. weapons. Nixon's intervention triggered > the Arab oil embargo which Stauffer estimates cost the U.S. as much as $600 > billion in lost GDP and another $450 in higher oil import costs. > > "The 1973 oil crisis, all in all, cost the U.S. economy no less than > $900 billion, and probably as much as $1,200 billion," he says. > > As a result of the oil embargo the United States created the Strategic > Petroleum Reserve (SPR) to "insulate Israel and the U.S. against the > wielding of a future Arab 'oil weapon'." The billion-barrel SPR has cost > U.S. taxpayers $134 billion to date. According to an Oil Supply Guarantee, > which former Secretary of State Henry Kissinger provided Israel in 1975, > Israel gets "first call" on any oil available to the U.S. if Israel's oil > supply is stopped. > > Stauffer's $3 trillion figure is conservative as it does not include the > increased costs incurred during the year-long buildup to the recent war > against Iraq in which Israel played a significant, albeit covert, role. The > higher oil prices that occurred as a result of the Anglo-American campaign > against Iraq were absorbed by the consumers. The increase in oil prices > provided a huge bonus for the leading oil companies such as British > Petroleum and Shell, who are major oil! producers as well as retailers. The > major international oil companies recorded record profits for the first > quarter of 2003. > > The Washington Report seeks to "provide the American public with > balanced and accurate information concerning U.S. relations with Middle > Eastern states." The monthly journal is known for keeping close tabs on the > amount of U.S. taxpayer money that goes to Israel and how much pro-Israel > money flows back to Members of Congress in the form of campaign aid. > > The journal's website,www.wrmea.com, has an up-to-date counter at the > top that indicates how much official aid flows to Israel. While the counter > currently stands at $88.2 billion, it only reflects the minimum, as it does > not include the many hidden costs. > > "The distinction is important, because the indirect or consequential > losses suffered by the U.S. as a result of its blind support for Israel > exceed by many times the substantial amount of direct aid to Israel," Shirl > McArthur wrote in the May 2003 issue of Washington Report. > > McArthur's article, "A Conservative Tally of Total Direct U.S. Aid to > Israel: $97.5 Billion - and Counting" tallies the hidden costs, such as > interest lost due to the early disbursement of aid to Israel and funds > hidden in other accounts. For example, Israel received $5.45 billion in > Defense Department funding of Israeli weapons projects through 2002, > McArthur says. > > Loans made to Israel by the U.S. government, like the recently awarded > $9 billion, invariably wind up being paid by the American taxpayer. A recent > Congressional Research Service report indicates that Israel has received $42 > billion in waived loans. "Therefore, it is reasonable to consider all > government loans to Israel the same as grants," McArthur says. > > Support for Israel has cost America dearly - well over than $10,000 per > American. However the Israeli-Palestinian conflict has been extremely costly > for the entire world. According to Stauffer, the total bill for supporting > Israel is two to four times higher than that for the U.S. alone - costing > the global community an estimated $6 to $12 trillion. > > "The war was all about oil, for the US and Israel" > By pumping Iraq's oil to Israel the Jewish state might become an > oil-exporting country > > Plans to build a pipeline to siphon oil from newly conquered Iraq to > Israel are being discussed between Washington, Tel Aviv and potential future > government figures in Baghdad. ... Cutting out Syria and solving Israel's > energy crisis at a stroke. ... > US intelligence sources confirmed to The Observer that the project has > been discussed. One former senior CIA official said: 'It has long been a > dream of a powerful section of the people now driving this administration > [of President George W. Bush] and the war in Iraq to safeguard Israel's > energy supply as well as that of the United States. 'The Haifa pipeline was > something that existed, was resurrected as a dream and is now a viable > project - albeit with a lot of building to do.' ... > > James Akins, a former US ambassador to the region and one of America's > leading Arabists, said:'After all, this is a new world order now. This is > what things look like particularly if we wipe out Syria. It just goes to > show that it is all about oil, for the United States and its ally [Israel].' > ... > > Akins was ambassador to Saudi Arabia before he was fired after a > series of conflicts with then Secretary of State Henry Kissinger, father of > the vision to pipe oil west from Iraq. In 1975, Kissinger signed what forms > the basis for the Haifa project: a Memorandum of Understanding whereby the > US would guarantee Israel's oil reserves and energy supply in times of > crisis. > > Kissinger was also master of the American plan in the mid-Eighties - > when Saddam Hussein was a key US ally - to run an oil pipeline from Iraq to > Aqaba in Jordan, opposite the Israeli port of Eilat. > > The plan was promoted by the now Defence Secretary Donald Rumsfeld, > and the pipeline was to be built by the Bechtel company, which the Bush > administration last week awarded a multi-billion dollar contract for the > reconstruction of Iraq. The memorandum has been quietly renewed every five > years, with special legislation attached whereby the US stocks a strategic > oil reserve for Israel even if it entailed domestic shortages - at a cost of > $3 billion (£1.9bn) in 2002 to US taxpayers. > > The Observer, London, Sunday April 20, 2003 > > --------------------------------------------------------------------------------- And the chumps keep paying! greg http://www.halturnershow.com/ Hal Turner Show
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X-Google-Thread: 107518,b0f88242bd23fb42,start X-Google-Thread: f6c48,b0f88242bd23fb42,start X-Google-Thread: 110f21,b0f88242bd23fb42,start X-Google-Thread: 115597,b0f88242bd23fb42,start X-Google-Thread: 10a942,b0f88242bd23fb42,start X-Google-Attributes: gid107518,gidf6c48,gid110f21,gid115597,gid10a942,public,usenet X-Google-Language: ENGLISH,ASCII Path: arc1-ca.pugleaf.net!g2news1.google.com!postnews.google.com!d4g2000prg.googlegroups.com!not-for-mail From: greg3347 <theodoric3@lycos.com> Newsgroups: misc.consumers, misc.consumers.frugal-living, alt.politics.economics, fl.politics, alt.california Subject: Re: The Real Cost of US Support for Israel: Date: Thu, 6 Dec 2007 11:15:22 -0800 (PST) Organization: http://groups.google.com Lines: 226 Message-ID: <9af7d3bf-1597-464e-ac0a-57d7784051c1@d4g2000prg.googlegroups.com> References: <Nwm5j.3219$gi7.2882@trnddc04> NNTP-Posting-Host: 24.121.84.151 Mime-Version: 1.0 Content-Type: text/plain; charset=ISO-8859-1 Content-Transfer-Encoding: quoted-printable X-Trace: posting.google.com 1196968523 27546 127.0.0.1 (6 Dec 2007 19:15:23 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: Thu, 6 Dec 2007 19:15:23 +0000 (UTC) Complaints-To: groups-abuse@google.com Injection-Info: d4g2000prg.googlegroups.com; posting-host=24.121.84.151; posting-account=FZFVuwkAAABVGDQglGhz4_vaxql3kLEb User-Agent: G2/1.0 X-HTTP-UserAgent: Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; SV1),gzip(gfe),gzip(gfe)