Monday, February 4, 2013

Movie Night at the TCPA

from Erika Alvarez

photo credit
The Israel Lobby Documentary by  Marige Meerman VPRO Blacklight 2007, gives a glimpse of the amount of information presented in the book “The Israel Lobby and US foreign policy” by John J. Mearsheimer and Stephen M. Walt.
It can be found on YouTube and Free Documentaries.org.  The book is on Amazon as is the CD version for those who don’t  like to read.
Here is an excerpt from the book:
Egypt and Jordan are number 2 and 3 of the top recipients of foreign aid and this money is a reward for good behavior, specifically, their willingness to sign peace treaties with Israel.
Number 1 is Israel, with the figure more than $4.3 billion a year (Wall St. Journal, Sept 19, 1991)
Most recipients of American foreign aid get their money in quarterly installments, but since 1982, Israel is to receive its entire annual appropriation in the first 30 days of the fiscal year.
The US government normally runs budget deficits, transferring the aid all at once. This requires it to borrow the necessary amount of money  up front and costs US taxpayers between $50 and $60 million per year. Moreover, the US government ends up paying Israel additional interest when Israel reinvests the unspent portion in US treasury bills ($660 million in extra interest as of 2004).
From your Treasurer, Erika

No comments:

Post a Comment