Re: The Real Cost of US Support for Israel:

[greg3347]

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

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