Author: cndaily

Tax money available to build a wall around i$rael, but not around new orleans [Copy link] 中文

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Post time 2005-9-7 17:32:12 |Display all floors

Israel cost the USA $3,000,000,000,000 just to around 2002.

The Real Cost Of US Support
For Israel - $3 Trillion
By Christopher Bollyn 2004




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.

http://www.rense.com/general41/trill.htm

Christopher Bollyn , nice first name same as mine

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Post time 2005-9-11 00:59:17 |Display all floors

Vacation on Lake Katrina....

hmmm...
2005091100594831.gif

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Post time 2005-9-15 04:13:39 |Display all floors

Good thread this , people died in New Orleans because Israel has the USA tax dol

The USA  Jewish lobby conned the USA into an illegal attack on Iraq, this cost what?$200 billion?

Israel also conned the USA taxpayer out of  several trillion $ (references available) to pay for Israel ,estimated $500,000 for EACH Israeli just to 2003.

I was amazed when I found the USA taxpayer paid for the apartide Israeli land theft wall.

Because of the above and other costs of Israel New Orleans was starved of funds for levies and flood protection.Idiots with no experience were appointed to jobs in New Orleans because they were cronies of G W Bushism.
  

Fact: ( For those who can face facts):


Real Americans died in New Orleans because protection funds went too Israel

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~



To put a wall around New Orleans would be 50 miles, The Israeli landtheft wall is 455 miles.See the Israeli wall in the picture, many tanks USA taxpayer.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
GLOBAL DISGRACE NUMBER ONE, THE GREAT LANDTHEFT WALL OF ISRAEL
2005091504130382.jpg

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Post time 2005-9-16 21:00:14 |Display all floors

Lets keep fingers crossed!

Change is underway.

Disasters have their own purposes, or else the programme of creation is totally meaningless.

Actually, I am also worrying about some disaster-prone areas such as England.

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Post time 2005-9-19 04:50:27 |Display all floors

cndaily,disaster could happen anywhere,

Global warming could make the Middle East very hot, perhaps too hot.

But there is a difference between a disaster in the UK and the one in New Orleans. We in the UK have properly prepared emergency plans and our officials are experts unlike the Bush appointed cronies in New Orleans. We spend money on disaster preparation and until Blair the conman arrived we did not spend a dime on protecting Israel.

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Post time 2005-9-20 02:47:41 |Display all floors

Disasters....

Can you remember the flood in Yorkshire last year?  

I don't believe in the current version of the global warming theories. Whether global warming is there or not, disasters will happen.

If my understanding is correct, the global warming (cooling) is due to the heightened solar activities. Check out the graph in the right hand corner of this URL:

http://solar-center.stanford.edu/sun-on-earth/varsun.html

The role of carbon dioxide in global warming is like a blanket. It prolongs the warming, but it does not necessarily warm up the earth.

There are other solar planets that have not been discovered. The radiations from these solar planets  also play a role in engineering the nature (perhaps, including nature disasters).

Some of the disasters can also be man-made. Earthquake is one of those.

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Post time 2005-9-22 15:11:25 |Display all floors

USA taxpayer !here comes another multi billion $ bill from Israel

If Israel needs billions to be spent on air conditioners they can rest assured the USA will pay for them

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