Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24
US House Prices Trend Forecast 2024 to 2026 - 11th Oct 24
US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24
Stock Market October Correction - 30th Sep 24
The Folly of Tariffs and Trade Wars - 30th Sep 24
Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24
The Everything Rally will Spark multi year Bull Market - 30th Sep 24
US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24
US Housing Market Free Equity - 23rd Sep 24
US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24
US State Demographics - 22nd Sep 24
Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24
Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24
US Population Growth Rate - 17th Sep 24
Are Stocks Overheating? - 17th Sep 24
Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24
If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

When the US Supports Israel, What Exactly is it Supporting?

Politics / US Politics Jul 26, 2014 - 08:49 PM GMT

By: Michael_S_Rozeff

Politics

According to the Congressional Budget Office, “Israel is the largest cumulative recipient of U.S. foreign assistance since World War II. To date, the United States has provided Israel $121 billion (current, or non-inflation-adjusted, dollars) in bilateral assistance. Almost all U.S. bilateral aid to Israel is in the form of military assistance, although in the past Israel also received significant economic assistance.” Other special benefits also flow to the Israeli military. Each year, the U.S. pays for about 20 percent of Israel’s overall military spending, and the total places Israel as the 16th largest military spender in the world. “In 2007, the Bush Administration and the Israeli government agreed to a 10-year, $30 billion military aid package for the period from FY2009 to FY2018.” Obama has renewed that pledge.


The U.S. routinely supports Israel’s policies and avoids condemning Israel for its rights violations against Palestinians. It may never have done so. This week, for example, the U.S. cast the sole vote against the U.N. Human Rights Council Resolution concerning the Occupied Palestinian Territory. The vote was 29-1. A link to the full text of the resolution is here. (The texts vary slightly in different reports.)

Because the U.S. government has made itself virtually one with Israel, we must ask the question: What exactly is the U.S. supporting when it supports Israel? One cannot arrive at answers to this question without examining Israel’s history. One may make a start by reading Theodor Herzl’s 1896 pamphlet “The Jewish State”, a visionary tract. This provides insight into the goals of Herzl and his assumptions behind colonizing Palestine. How the colonization actually worked out has not been as he planned. Israel continues to be a problematic state, an expansionary state, and what is worse, a dangerous nuclear power state. Wikipedia has a number of articles on the history. This one provides a start. One thing the U.S. supports when it supports Israel is what Israel is doing in Gaza at this moment.

Murray Rothbard has a highly readable and valuable account of the history up to 1967.

Although America has stood in theory as a melting pot and a country that favored the assimilation of many peoples from all over the world, and in practice was against Black Nationalism, the U.S. government has supported Jewish Nationalism in Israel. It has supported a society that could only support such a state by being exclusionary and segregated, or even ethnically cleansed. The philosophy behind that state rested on Herzl’s assumptions, which in my view were deeply flawed. He simply ignored the native population of Palestine. He simply asserted that Jews were a people one people, that assimilation was out of the question and that a Jewish State was a solution to anti-Semitism. All of these assertions are questionable. He declared that “Palestine is our ever-memorable historic home.” Can any people or ethnic group of today return to the place where their ancestors originated with the idea of displacing its current residents and making their own State? No one would approve of such an idea. Anyway, this “historic home” idea was really not true of all Jews after 1,800 years had passed and Jews had had many, many homes in many lands. It was an appeal to a subset of Jews who wanted to emigrate and maintain their culture with others of their kind. Nor could this idea justify a Jewish State governing Palestine and its then current Arab inhabitants. But in addition Herzl’s philosophy in practice assumed a much more militant and exclusionary form as new generations appeared after him. In particular, David Ben-Gurion was an exponent of power and force.

Israel is a brutal state as the latest excesses of destruction and killing of innocent Palestinians in Gaza show. That’s what the U.S. supports.

Michael S. Rozeff [send him mail] is a retired Professor of Finance living in East Amherst, New York. He is the author of the free e-book Essays on American Empire.

    http://www.lewrockwell.com

    © 2014 Copyright Michael S. Rozeff - All Rights Reserved
    Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Michael S. Rozeff Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in