U.S has done it again. And this time, Israel is also involved.
Right now, America finds itself in a dire economic situation. Even so, Israel is expected to receive large sums of money from the U.S. And all this because they offered the U.S the largest pledge of military assistance.
After moths of debates, a conclusion was reached.
According to administrative sources, during the next 10 years, Israel expects to receive up to $38 billion.
Being the second time for America to offer financial aid, the first attempt was of $30 billion during the last decade.
Both sides reached a final decision. Scheduled by the end of this week, both president Obama and Netanyahu have agreed on signing the Memorandum of Understanding.
Analyzing The Funds
At a closer look, both decades, taken together gathered around 68 billion USD. Starting with Bush and continuing with Obama, America does not fail to disappoint Israel. The large sum obtained by conversions offers us clear evidence of this.And so, a total of about 22732200000.0000 Israeli currency worth of money is taken into consideration.
For fear of the Republican Party winning the elections, Israel’s president Benjamin Netanyahu urged for the signing of the papers.Director of the Project on the Middle East Peace Process in Washington, David Makovsky had this to say:
“By ensuring that a liberal Democrat has signed this deal, it’s a way of locking in bipartisan support,”
The Palestinian economy is having a very tough time recently, with a 44% unemployment rate. Also, the many years of war with Israel made lots of damage, and plenty of reconstruction is needed. It appears that the financial support comes at a time of need.
More than that, Assad’s regime seems to represent a problem. The regime has been reported to be firing missiles at Israeli airplanes this month. Is the Syrian war getting closer to Israel?
Especially relevant to finding answers are Netanyahu actions. Although in the past he used to ask Congress for further deals right on the spot, now, he did not. Also, important to note is, the fact that, Netanyahu initially asked for $45 billion instead of $38.
In spite of it being bad news for the Hamas and Palestinians, a quarter of the money will be spent on weapons and national defense.
What about the Israel Fundings?
In addition to this spending, they add, a large part of this money could benefit to something else. Known for being the most efficient throughout the world, the missile defense program in Israel will also be improved.
On the other hand, unlike Makovsky’s positive view of the U.S, director of the Institute for Research Grant F. Smith disagrees. According to him, it is against the law to offer support to a “nuclear” nation.
The truth is Israel never did sign the Nuclear Non-proliferation Treaty. Maybe Grant F. Smith outlines a clear point of view.
Enraged by the actions of the U.S government, as RT reported, Smith filled in a complaint saying:
“This lawsuit is not about foreign policy. It is about the rule of law, presidential power, the structural limits of the US Constitution, and the right of the public to understand the functions of government and informed petition of the government for redress.”
Brought together, the amount of these huge funding’s force us to ask questions.
Why bother to do all these in the first place? Especially, what is Israel trying to accomplish? And why force the hand of the U.S. government in the first place?
There are some bits of information that we’re missing out on. The question now is, what? For the moment, we can just wait and see.