Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
Buying a Custom Built Gaming PC From Overclockers.co.uk - 1. Delivery and Unboxing - 17th Feb 20
BAIDU (BIDU) Illustrates Why You Should NOT Invest in Chinese Stocks - 17th Feb 20
Financial Markets News Report: February 17, 2020 - February 21, 2020 - 17th Feb 20
NVIDIA (NVDA) GPU King For AI Mega-trend Tech Stocks Investing 2020 - 17th Feb 20
Stock Market Bubble - No One Gets Out Of Here Alive! - 17th Feb 20
British Pound GBP Trend Forecast 2020 - 16th Feb 20
SAMSUNG AI Mega-trend Tech Stocks Investing 2020 - 16th Feb 20
Ignore the Polls, the Markets Have Already Told You Who Wins in 2020 - 16th Feb 20
UK Coronavirus COVID-19 Pandemic WARNING! Sheffield, Manchester, Birmingham Outbreaks Probable - 16th Feb 20
iShares Nasdaq Biotechnology ETF IBB AI Mega-trend Tech Stocks Investing 2020 - 15th Feb 20
Gold Stocks Still Stalled - 15th Feb 20
Is The Technology Stocks Sector Setting Up For A Crash? - 15th Feb 20
UK Calm Before Corona Virus Storm - Infections Forecast into End March 2020 - 15th Feb 20
The Growing Weaponization of Space - 14th Feb 20
Will the 2020s Be Good or Bad for the Gold Market? - 14th Feb 20
Predictive Modeling Suggests Gold Price Will Break Above $1650 Within 15~30 Days - 14th Feb 20
UK Coronavirus COVID-19 Infections and Deaths Trend Forecast 2020 - 14th Feb 20
Coronavirus, Powell and Gold - 14th Feb 20
How the Corona Virus is Affecting Global Stock Markets - 14th Feb 20
British Pound GBP Trend and Elliott Wave Analysis - 13th Feb 20
Owning and Driving a Land Rover Discovery Sport in 2020 - 2 YEAR Review - 13th Feb 20
Shipping Rates Plunge, Commodities and Stocks May Follow - 13th Feb 20
Powell says Fed will aggressively use QE to fight next recession - 13th Feb 20
PALLADIUM - THIS Is What a Run on the Bank for Precious Metals Looks Like… - 13th Feb 20
Bitcoin: "Is it too late to get in?" Get Answers Now - 13th Feb 20
China Coronavirus Infections Soar by 1/3rd to 60,000, Deaths Jump to 1,367 - 13th Feb 20
Crude Oil Price Action – Like a Coiled Spring Already? - 13th Feb 20
China Under Reporting Coronavirus COVID-19 Infections, Africa and South America Hidden Outbreaks - 12th Feb 20
Will USD X Decline About to Trigger Precious Metals Rally - 12th Feb 20
Copper Market is a Coiled Spring - 12th Feb 20
Dow Theory Stock Market Warning from the Utilities Index - 12th Feb 20
How to Get Virgin Media Engineers to FIX Hub 3.0 Problems and NOT BS Customers - 12th Feb 20
China Under Reporting Coronavirus COVID-19 Infections by 66% Due to Capacity Constraints - 12th Feb 20
Is Coronavirus the Black Swan That Takes Gold To-Da-Moon? - 12th Feb 20
Stock Market 2020 – A Close Look At What To Expect - 12th Feb 20
IBM AI Mega-trend Tech Stocks Investing 2020 - 11th Feb 20
The US Dollar’s Subtle Message for Gold - 11th Feb 20
What All To Do Before Opening A Bank Account For Your Business - 11th Feb 20
How and When to Enter Day Trades & Swing Trade For Maximum Gains - 11th Feb 20
The Great Stock Market Dichotomy - 11th Feb 20
Stock Market Sector Rotation Should Peak Within 60+ Days – Part II - 11th Feb 20
CoronaVirus Pandemic Stocks Bear Market Risk 2020? - Video - 11th Feb 20

Market Oracle FREE Newsletter

Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

When the US Supports Israel, What Exactly is it Supporting?

Politics / US Politics Jul 26, 2014 - 08:49 PM GMT

By: Michael_S_Rozeff

Politics

According to the Congressional Budget Office, “Israel is the largest cumulative recipient of U.S. foreign assistance since World War II. To date, the United States has provided Israel $121 billion (current, or non-inflation-adjusted, dollars) in bilateral assistance. Almost all U.S. bilateral aid to Israel is in the form of military assistance, although in the past Israel also received significant economic assistance.” Other special benefits also flow to the Israeli military. Each year, the U.S. pays for about 20 percent of Israel’s overall military spending, and the total places Israel as the 16th largest military spender in the world. “In 2007, the Bush Administration and the Israeli government agreed to a 10-year, $30 billion military aid package for the period from FY2009 to FY2018.” Obama has renewed that pledge.


The U.S. routinely supports Israel’s policies and avoids condemning Israel for its rights violations against Palestinians. It may never have done so. This week, for example, the U.S. cast the sole vote against the U.N. Human Rights Council Resolution concerning the Occupied Palestinian Territory. The vote was 29-1. A link to the full text of the resolution is here. (The texts vary slightly in different reports.)

Because the U.S. government has made itself virtually one with Israel, we must ask the question: What exactly is the U.S. supporting when it supports Israel? One cannot arrive at answers to this question without examining Israel’s history. One may make a start by reading Theodor Herzl’s 1896 pamphlet “The Jewish State”, a visionary tract. This provides insight into the goals of Herzl and his assumptions behind colonizing Palestine. How the colonization actually worked out has not been as he planned. Israel continues to be a problematic state, an expansionary state, and what is worse, a dangerous nuclear power state. Wikipedia has a number of articles on the history. This one provides a start. One thing the U.S. supports when it supports Israel is what Israel is doing in Gaza at this moment.

Murray Rothbard has a highly readable and valuable account of the history up to 1967.

Although America has stood in theory as a melting pot and a country that favored the assimilation of many peoples from all over the world, and in practice was against Black Nationalism, the U.S. government has supported Jewish Nationalism in Israel. It has supported a society that could only support such a state by being exclusionary and segregated, or even ethnically cleansed. The philosophy behind that state rested on Herzl’s assumptions, which in my view were deeply flawed. He simply ignored the native population of Palestine. He simply asserted that Jews were a people one people, that assimilation was out of the question and that a Jewish State was a solution to anti-Semitism. All of these assertions are questionable. He declared that “Palestine is our ever-memorable historic home.” Can any people or ethnic group of today return to the place where their ancestors originated with the idea of displacing its current residents and making their own State? No one would approve of such an idea. Anyway, this “historic home” idea was really not true of all Jews after 1,800 years had passed and Jews had had many, many homes in many lands. It was an appeal to a subset of Jews who wanted to emigrate and maintain their culture with others of their kind. Nor could this idea justify a Jewish State governing Palestine and its then current Arab inhabitants. But in addition Herzl’s philosophy in practice assumed a much more militant and exclusionary form as new generations appeared after him. In particular, David Ben-Gurion was an exponent of power and force.

Israel is a brutal state as the latest excesses of destruction and killing of innocent Palestinians in Gaza show. That’s what the U.S. supports.

Michael S. Rozeff [send him mail] is a retired Professor of Finance living in East Amherst, New York. He is the author of the free e-book Essays on American Empire.

    http://www.lewrockwell.com

    © 2014 Copyright Michael S. Rozeff - All Rights Reserved
    Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Michael S. Rozeff Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules