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Economist tallies swelling cost of Israel to US http://radioislam.org/islam/english/jewishp/cost/israel-aid.jpg                                                  By David R. Manhood enhancer free delivery Francis, manhood enhancer free delivery Staff writer of The Christian Science Monitor / December 9, manhood enhancer free delivery 2002

Since 1973, manhood enhancer free delivery Israel has cost the United States about $1.6 trillion. Manhood enhancer free delivery If divided by today's population, manhood enhancer free delivery that is more than $5, manhood enhancer free delivery700 per person.

This is an estimate by Thomas Stauffer, manhood enhancer free delivery a consulting economist in Washington. Manhood enhancer free delivery For decades, manhood enhancer free delivery his analyses of the Middle East scene have made him a frequent thorn in the side of the Israel lobby. For the first time in many years, manhood enhancer free delivery Mr. Manhood enhancer free delivery Stauffer has tallied the total cost to the US of its backing of Israel in its drawn-out, manhood enhancer free delivery violent dispute with the Palestinians. Manhood enhancer free delivery So far, manhood enhancer free delivery he figures, manhood enhancer free delivery the bill adds up to more than twice the cost of the Vietnam War. And now Israel wants more. Manhood enhancer free delivery In a meeting at the White House late last month, manhood enhancer free delivery Israeli officials made a pitch for $4 billion in additional military aid to defray the rising costs of dealing with the intifada and suicide bombings. Manhood enhancer free delivery They also asked for more than $8 billion in loan guarantees to help the country's recession-bound economy. Considering Israel's deep economic troubles, manhood enhancer free delivery Stauffer doubts the Israel bonds covered by the loan guarantees will ever be repaid. Manhood enhancer free delivery The bonds are likely to be structured so they don't pay interest until they reach maturity. Manhood enhancer free delivery If Stauffer is right, manhood enhancer free delivery the US would end up paying both principal and interest, manhood enhancer free delivery perhaps 10 years out. Israel's request could be part of a supplemental spending bill that's likely to be passed early next year, manhood enhancer free delivery perhaps wrapped in with the cost of a war with Iraq. Israel is the largest recipient of US foreign aid. Manhood enhancer free delivery It is already due to get $2.04 billion in military assistance and $720 million in economic aid in fiscal 2003. Manhood enhancer free delivery It has been getting $3 billion a year for years. Adjusting the official aid to 2001 dollars in purchasing power, manhood enhancer free delivery Israel has been given $240 billion since 1973, manhood enhancer free delivery Stauffer reckons. Manhood enhancer free delivery In addition, manhood enhancer free delivery the US has given Egypt $117 billion and Jordan $22 billion in foreign aid in return for signing peace treaties with Israel. "Consequently, manhood enhancer free delivery politically, manhood enhancer free delivery if not administratively, manhood enhancer free delivery those outlays are part of the total package of support for Israel, manhood enhancer free delivery" argues Stauffer in a lecture on the total costs of US Middle East policy, manhood enhancer free delivery commissioned by the US Army War College, manhood enhancer free delivery for a recent conference at the University of Maine. These foreign-aid costs are well known. Manhood enhancer free delivery Many Americans would probably say it is money well spent to support a beleagured democracy of some strategic interest. Manhood enhancer free delivery But Stauffer wonders if Americans are aware of the full bill for supporting Israel since some costs, manhood enhancer free delivery if not hidden, manhood enhancer free delivery are little known. One huge cost is not secret. Manhood enhancer free delivery It is the higher cost of oil and other economic damage to the US after Israel-Arab wars. In 1973, manhood enhancer free delivery for instance, manhood enhancer free delivery Arab nations attacked Israel in an attempt to win back territories Israel had conquered in the 1967 war. Manhood enhancer free delivery President Nixon resupplied Israel with US arms, manhood enhancer free delivery triggering the Arab oil embargo against the US. That shortfall in oil deliveries kicked off a deep recession. Manhood enhancer free delivery The US lost $420 billion (in 2001 dollars) of output as a result, manhood enhancer free delivery Stauffer calculates. Manhood enhancer free delivery And a boost in oil prices cost another $450 billion. Afraid that Arab nations might use their oil clout again, manhood enhancer free delivery the US set up a Strategic Petroleum Reserve. Manhood enhancer free delivery That has since cost, manhood enhancer free delivery conservatively, manhood enhancer free delivery $134 billion, manhood enhancer free delivery Stauffer reckons. Other US help includes: • US Jewish charities and organizations have remitted grants or bought Israel bonds worth $50 billion to $60 billion. Manhood enhancer free delivery Though private in origin, manhood enhancer free delivery the money is "a net drain" on the United States economy, manhood enhancer free delivery says Stauffer. • The US has already guaranteed $10 billion in commercial loans to Israel, manhood enhancer free delivery and $600 million in "housing loans." (See editor's note below.) Stauffer expects the US Treasury to cover these. • The US has given $2.5 billion to support Israel's Lavi fighter and Arrow missile projects. • Israel buys discounted, manhood enhancer free delivery serviceable "excess" US military equipment. Manhood enhancer free delivery Stauffer says these discounts amount to "several billion dollars" over recent years. • Israel uses roughly 40 percent of its $1.8 billion per year in military aid, manhood enhancer free delivery ostensibly earmarked for purchase of US weapons, manhood enhancer free delivery to buy Israeli-made hardware. Manhood enhancer free delivery It also has won the right to require the Defense Department or US defense contractors to buy Israeli-made equipment or subsystems, manhood enhancer free delivery paying 50 to 60 cents on every defense dollar the US gives to Israel. US help, manhood enhancer free delivery financial and technical, manhood enhancer free delivery has enabled Israel to become a major weapons supplier. Manhood enhancer free delivery Weapons make up almost half of Israel's manufactured exports. Manhood enhancer free delivery US defense contractors often resent the buy-Israel requirements and the extra competition subsidized by US taxpayers. • US policy and trade sanctions reduce US exports to the Middle East about $5 billion a year, manhood enhancer free delivery costing 70, manhood enhancer free delivery000 or so American jobs, manhood enhancer free delivery Stauffer estimates. Manhood enhancer free delivery Not requiring Israel to use its US aid to buy American goods, manhood enhancer free delivery as is usual in foreign aid, manhood enhancer free delivery costs another 125, manhood enhancer free delivery000 jobs. • Israel has blocked some major US arms sales, manhood enhancer free delivery such as F-15 fighter aircraft to Saudi Arabia in the mid-1980s. Manhood enhancer free delivery That cost $40 billion over 10 years, manhood enhancer free delivery says Stauffer. Stauffer's list will be controversial. Manhood enhancer free delivery He's been assisted in this research by a number of mostly retired military or diplomatic officials who do not go public for fear of being labeled anti-Semitic if they criticize America's policies toward Israel. Editor's note: A previous version of this story incorrectly reported the amount of housing loans guaranteed by the US.