I am not denying Israel’s economic and technological achievements, I just wish they were accomplished without massive US foreign aid coming from extorting US taxpayers.
US Congressional Report on Us foreign aid to Israel 2010
http://www.fas.org/sgp/crs/mideast/RL33222.pdf
Excerpts
Israel is the largest cumulative recipient of U.S. foreign assistance since World War II.
Since 1985, the United States has provided nearly $3 billion in grants
annually to Israel.
Almost all U.S. bilateral aid to Israel is in the form of military assistance. In the past, Israel also
had received significant economic assistance. Strong congressional support for Israel has resulted
in Israel’s receiving benefits not available to other countries.
Israel can use some U.S. military assistance both for research and development in the United States and for military
purchases from Israeli manufacturers. In addition, all U.S. foreign assistance earmarked for Israel
is delivered in the first 30 days of the fiscal year. Most other recipients normally receive aid in
installments. Congress also appropriates funds for joint U.S.-Israeli missile defense programs.
In August 2007, the Bush Administration announced that it would increase U.S. military
assistance to Israel by $6 billion over the next decade.
For FY2011, the Obama Administration requested $3 billion in FMF to Israel. According to the
State Department’s FY2011 budget justification for Foreign Operations, “U.S. assistance will help
ensure that Israel maintains its qualitative military edge over potential threats, and prevent a shift
in the security balance of the region. U.S. assistance is also aimed at ensuring for Israel the
security it requires to make concessions necessary for comprehensive regional peace.”
After years of negotiation, the United States and Israel announced in August 2010 that Israel will
purchase 20 F-35s at a cost of $2.75 billion, which will be paid for entirely with FMF grants.
U.S. military aid has helped transform Israel’s armed forces into one of the most technologically
**sophisticated militaries in the world.**U.S. military aid for Israel has been designed to maintain
Israel’s “qualitative military edge” (QME) over neighboring militaries, since Israel must rely on
better equipment and training to compensate for a manpower deficit in any potential regional
conflict. U.S. military aid, a portion of which may be spent on procurement from Israeli defense
companies, also has helped Israel build a domestic defense industry, which ranks as one of the top
10 suppliers of arms worldwide.
For many years, U.S. economic aid helped subsidize a lackluster Israeli economy, though since
the rapid expansion of Israel’s hi-tech sector in the 1990s (sparked partially by U.S.-Israeli
scientific cooperation), Israel is now considered a fully industrialized nation with an economy on
par with some Western European countries.
Beginning in 1973, Israel has received grants from the State Department’s Migration and Refugee
Assistance fund (MRA)52 to assist in the resettlement of migrants to Israel.
Since 1972, the United States has extended loan guarantees to Israel to assist with housing
shortages, Israel’s absorption of new immigrants from the former Soviet Union and Ethiopia, and
its economic recovery following the 2000-2003 recessionsparked by renewed Palestinian
uprising. Loan guarantees are a form of indirect U.S. assistance to Israel, since they enable Israel
to borrow from commercial sources at lower rates and not from the United States government.
Congress directs that subsidies be set aside in a U.S. Treasury account for possible default.
In 2003, then Prime Minister Ariel Sharon requested an additional $8 billion in loan guarantees to
help Israel’s failing economy. The loan guarantee request accompanied a request for an additional
$4 billion in military grants to help Israel prepare for possible attacks during an anticipated U.S.
war with Iraq and Israeli efforts to end the Palestinian uprising. P.L. 108-11, the FY2003
Emergency Wartime Supplemental Appropriations Act, authorized $9 billion in loan guarantees
over three years for Israel’s economic recovery and $1 billion in military grants.
In the early 1970s, Israeli academics and businessmen began looking for ways to expand
investment in Israel’s high technology sector. At the time, Israel’s nascent technology sector,
which would later become the driving force in Israel’s economy, was in need of private capital for
research and development. The United States and Israel launched several programs to stimulate
Israeli industrial and scientific research, and Congress has on several occasions authorized and
appropriated funds for the following organizations:
The BIRD Foundation (Israel-U.S. Binational Research & Development
Foundation).57 BIRD, which was established in 1977, provides matchmaking
services between Israeli and American companies in research and development
with the goal of expanding cooperation between U.S. and Israeli private high tech
industries.
The BSF Foundation (U.S.-Israel Binational Science Foundation).58 BSF, which
was started in 1972, promotes cooperation in scientific and technological
research.
The BARD Foundation (Binational Agriculture and Research and Development
Fund). BARD was created in 1978 and supports U.S.-Israeli cooperation in
agricultural research.