First off, can anyone corroborate this?
Second of all, if this is true, and assuming "overseas aid" normally means aid to extremely impoverished countries, then WTF?
It's probably true that the US gives a lot of money to Israel, but I'm not why they'd give money to Egypt.
It's just that two-thirds seems like an awfully big portion...
Aid budget is for paying money to those in need. Israel very much needs US' financial aid. Without US financing, Israel cant exist. And without Israel, US influence in the oil-rich Arab countries will vanish.
For Egypt, its economy shattered due to the Arab-Israeli conflicts in 1967 abd 1973. With limited resources, Egypt needs financial aid to stay on line with other Arab countries. And more than anything else, Egypt is the first Arab country to recognise Israel's existence as a sovereign country.
American aid can go to any country until the receiving country is not engaged in terrorist activities (like Pakistan and Afganistan).
From what I have read, our US foreign aid has been doubled this year to $50 billion and Israel is getting $2.77 billion of that. A far cry from 2/3's. Also, 75% of Israel's aid is in the form of Dollars that is to be used to produce military devices here in the US, consequently creating jobs for US citizens.
If you are right, then yes, 2.77 billion is much less than two-thirds of 50 billion... On another note, however, does this not suggest that "military aid" is being included in the expression "overseas aid" -- worth knowing if it is true, because I suspect a lot of people read the word "aid" to mean "humanitarian aid"
The reality is that when the US determines it's foreign aid budget it also includes military aid.
Like I stated 3/4ths of all that aid to Israel is spent here in the US creating jobs and also supporting our economy.
Supporting our economy? Doing what? The money is spent on the IDF and whatever else helps Israel, which is relatively obvious considering that we are giving money to them.
Even if they do produce military devices in the US, it doesn't account for 75% of the money (and if it does, god help us that Israel is spending 75% of 3 billion dollars a year only on producing weapons, without even mentioning anything about Palestinian civilian death counts), and it is certainly not helping the US any more than if we didn't give it to them in the first place.
Don't be fooled by the Palestinian numbers, they are like Obama's job numbers. Palestinians fire many rockets into Israel daily; aren't they allowed to protect themselves.?
Palestinian's fire from school's, Mosques and behind women and children. Who is causing this problem?
The US gives $3 billion dollars in aid every year to Israel, the highest of any country in the world. That is $500 PER CITIZEN. Strange, considering Israel is a developed, wealthy nation, that they get more aid than poor nations who actually need it.
Apparently tax-payers don't seem to mind shelling out cash so that Israel can buy more bombs though because I get attacked every time I post something claiming how ridiculous it is (and how, in reality, it is hurting US long-term interests).
An argument could be made that it is patronizing to Israelis who are clearly an innovative and technologically, scientifically, and commercially brilliant group of people (I realize they are a diverse nation, I just mean that they clearly *contain* lots of people like this, according to the stats, at any rate). I mean, thy have an extremely strong military, (including nuclear capability)... America should stand behind them if the American people wish for this -- but it seems like a lot cash to be doling out "in these times"...
What country votes with the U.S. in the UN more than Israel? None! Israel is the only Democracy in the middle-east. They are the only country in the region we can trust. If we need military help; who do you think would be the first to help. England would vie for that honor.
Israel has created many things that you use yourself. Check aol messaging, cell phones and many more. Their medical bio-tech is producing more than anyone (I believe).
The Muslim's would do more bombing here if they didn't concentrate on Israel.
All foreign aid spending put together is less than one percent of the U.S. budget:
Here's how we compare to other countries:
U.S. Official Development Assistance Compared with that of Other Countries
1998-1999 United States
Typical Donor Country*
us: ODA as a share of the economy 0.10%
other countries: 0.30%
us: ODA per person in the donor country $33
other countries: $69
* Typical Donor Country figures represent the median levels of the 21 countries other than the United States examined by the OECD
Source: Development Co-Operation, 2000 Report, OECD, 2001
We give pretty close amounts of money to both Israel and Egypt who are the top donees, so to speak. All countries and amounts are listed here:
http://www.vaughns-1-pagers.com/politic … gn-aid.htm
Up to 90% of all money entitled 'foreign aid' makes it's way into the pockets of American businessmen anyway:
http://www.africanloft.com/us-foreign-a … companies/
"More dissenting voices about recent vist of U.S president to Africa. RINF, a UK-based, self-described “independent source for under reported news from around the world” states “90% of [US] ‘aid’ ends up in the pockets of US companies”, excerpt:
"The tour came with the announcement of millions of dollars of economic assistance from the Overseas Private Investment Corporation (OPIC) and the Millennium Challenge Corporation (MCC). But the reality is that the economic aid is flowing in the direction of a small number of US companies rather than the countries on Bush’s glossy itinerary.
Almost 90% of all OPIC aid goes to ten US-based recipient firms including Caterpillar, Citibank and the Bechtel Corporation. Before the lid was blown on corruption at the firm, Enron was one of the biggest recipients of this corporate welfare handout."
http://www.globalissues.org/article/35/ … assistance
I think Israel has been well explained here. As for Egypt, most of Egypt is a third world country with extreme poverty. Its not just pyramids. A major portion of Egypt's economy (I heard 70 percent from a friend who was just there but don't know if this is an accurate number) is in tourism, which has been down drastically in recent years. Except for the portions near the Nile, most of Egypt is desert. They need the aid and if America can help it should.
Since the foreign aid we are discussing is less than 1% of the federal budget and since that amount is also the same as both the Food Stamp and the TANF program (1% of the federal budget each),
"The two largest welfare programs for the poor, AFDC and food stamps, each take up only 1 percent of the combined government budgets."
does anyone want to talk about why we give the same amount of money divided up among all poor Americans nationwide for cash aid and food that we give to 10 profitable corporations (to redistribute to their respective billionaire CEOs) annually?
by CMHypno 6 years ago
Austerity, people committing suicide, 25% unemployment in some parts of the Eurozone, yet these vast sums can always be found to bail out banks? If this kind of money is available, why not inject it directly into local areas to create jobs and stimulate...
by Rhonda D Johnson 2 months ago
What did the US use for collateral when we borrowed money from other countries?We know that the US government has borrowed billions of dollars from China, Japan and other countries. But what did we use for collateral? I've been told that the United States is actually a...
by Kathryn L Hill 4 years ago
6/12/14: "Rampaging Islamic jihadists surged within 60 miles of Baghdad as the U.S. scrambled ... to airlift hundreds of Americans to safety." "...the Al Qaeda-inspired forces seized control of several cities — and warned the capital was next."6/13/14:The U.S. ordered an...
by AnnCee 7 years ago
They attack their own women in Tahrir Square and attack Christians in their churches. What kind of government can we expect from people like this. I think they NEED a boot on their necks, they can't behave themselves on their own. People get the leaders they...
by American View 5 years ago
Nancy Pelosi was on Fax News last Sunday continuing to claim their is no spending problem. She also claims that sequestration was wrong. First, if it was so wrong as she admittedly claimed, why did she so vocally support it in the first place?Second, she blames the Republicans cuts would...
by Mathi P 7 years ago
ha ha LOL - are u know ?
|HubPages Device ID|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Google Analytics|
|HubPages Traffic Pixel|
|Google Hosted Libraries|
|Google AdSense Host API|
|Conversion Tracking Pixels|
|Author Google Analytics|
|Amazon Tracking Pixel|