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Since 1996, the American taxpayers are still sending Israel $3
billion a year and providing assorted loan guarantees, waivers, rich
technology transfers and other indirect assistance. Israel’s wars and
colonies still receive US taxpayer monies. Keep in mind, the US economy
is mired in a recession, with large rates of growing poverty,
unemployment, consumer debt and state and federal deficits, notes Ralph
Nader.

On July 10, 1996, at a Joint Session of the United States Congress,
Israeli Prime Minister Benjamin Netanyahu received a standing ovation
for these words: “With America’s help, Israel has grown to be a
powerful, modern state. …But I believe there can be no greater tribute
to America’s long-standing economic aid to Israel than for us to be able
to say: we are going to achieve economic independence. We are going to
do it. In the next four years, we will begin the long-term process of
gradually reducing the level of your generous economic assistance to
Israel.”

Since 1996, the American taxpayers are still sending Israel $3
billion a year and providing assorted loan guarantees, waivers, rich
technology transfers and other indirect assistance. Before George W.
Bush left office a memorandum of understanding between the US and Israel
stipulated an assistance package of $30 billion over the next ten years
to be transferred in a lump ... >>>