This post was originally entitled "$108 Billion In Foreign Aid Not Good Enough - Israel Demands America Pay Tribute In Expensive Euros, Not 'Cheap' Dollars". It now has a different name. Text changed from the original is in green.
There is a reason for this. I was informed by someone who left a comment on this post that the Wakeupfromyourslumber post on America paying foreign aid to Israel in euros instead of dollars was satire:
At 5:15 PM , qrswave said...
Hey, the EUROS thing is satire. Take it from me - I know.
The original post has the word "satire" as a tag. But, some people overlooked it, and currently no tags are showing up at the blog because of the high volume of readers (my software has gone buggy).
Anyway, sorry about the mix up.
If it makes you feel any better, I fell for it hook, line and sinker. It's a very well done satire.
In other words, I've been had (and so were a number of bloggers). I violated one of my prime directives - never cross-post anybody else's blog content unless I have media verification - and I paid the price. Because Israel has backstabbed us a number times, to include the Lavon Affair, the attack on the USS Liberty, the Jonathan Pollard spy scandal, and their transfer of American AWACs technology to China, I though the story was plausible. Plus other bloggers had already posted on it before I did. Yeah, it obviously was good satire (g-r-r-r-r!!!)
I apologize if I misled any readers of this blog. From now on, either there must be additional verification, or I must personally see it before it goes on this blog. However, the rest of the post is unchanged, is still quite valid and important. You'll be astonished at how much foreign aid we send to Israel, a country that has a standard of living not much different than ours.
Back in August 2006, I presented dissident journalist Christopher Bollyn's essay which estimated that the United States has given $3 trillion in total aid (including indirect aid) to Israel from 1949-2003. However, I wanted to find out if there had been updated information since that time.
And I found out that the Washington Report on Middle East Affairs (WRMEA) published a report, dated July 2006, that calculates that the United States has given Israel $108 billion in total direct aid from 1949-2006. Unlike Bollyn's report, this report focused only on direct aid, which is but a fraction of all aid to Israel, but it showed some useful trends.
An examination of the WRMEA report shows that the numbers are organized into a table, which indicates an initial total amount of direct aid to Israel from 1949-2006 to be $98,719,600,000. Of that, $51,326,400,000 was paid in the form of military grants, $30,780,000 in economic grants, $1,478,200,000 for immigrant aid, $143,300,000 for ASHA, and $14,991,700 for all other.
However, there is an additional estimate of $9,241,700,000 from the following sources:
(1) Defense Department Funds: 6,794,000,000. The military aid from the DOD budget is mostly for specific projects. For previous estimates, a search going back several years was able to identify $6.054 billion in specific items from the DOD to Israel through FY ‘04. Adding $355 million from the FY ‘05 DOD appropriations and $385 from the FY ‘06 appropriations gives a total of $6.794 billion. The largest items have been the canceled Lavi attack fighter project, the ongoing Arrow anti-missile missile project, the ongoing tactical high energy laser anti-missile system, the ongoing Bradley reactive armor tiles program, and the completed Merkava tank. The FY ‘01 appropriations bill also gave Israel a grant of $700 million worth of military equipment, to be drawn down from stocks in Western Europe. In addition, since 1998 Israel has been designated a “major non-NATO ally,” enabling it to receive outdated military equipment at either reduced cost or no charge; the FY ‘05 defense appropriations bill includes a provision authorizing the DOD to transfer an unspecified amount of “surplus” military items from inventory to Israel. In addition, Israel was recently named a partner in the Joint Strike Fighter project, although it is unclear what the significance of this will be.
(2). Interest: $1,991,000,000. Congress has mandated that Israel’s economic and military aid be transferred in one lump sum within one month of the new fiscal year or passage of the appropriation act. Israel began receiving early disbursement of U.S. economic aid in 1982, and of military aid in 1991. Using one-half of the prevailing rates of interest (because it has to be assumed that the aid monies were drawn down over the course of the year), last year’s summary estimated interest on early disbursement of economic aid at $1,234 million and of military aid at $698 million through FY ‘04. The U.S. Embassy in Tel Aviv’s Web site lists interest on early disbursement of military aid at $660 million through FY ‘04—slightly less than WRMEA’s estimate—but gives no figure for interest on economic aid. This WRMEA report uses the Embassy Tel Aviv number for interest on military aid and keeps last year’s WRMEA number for interest on economic aid, for a total of $1,894 million through FY ‘04. To this is added $46.5 million ($40 million military and $6.5 million economic) for FY ‘05 and $50.5 million ($45.5 million military and $5 million economic) for FY ‘06, for a total of $1,991 million through FY ’06.
(3). Other Grants and Endowments: $456,700,000. The Embassy Tel Aviv site lists $456.7 million in other grants and endowments. The two largest items are $158 million for the BARD Foundation (Binational Agriculture and Research and Development Fund) and $140 million for the BIRD Foundation (Israel-U.S. Binational Research and Development Foundation).
This leads to a grand total of $107,961,300,000. What ever happened to "millions for defense, but not one cent for tribute"?