Thursday, February 17, 2011

U.S. sends $3 billion plus to this country???

President Obama has endorsed sending even more money to Israel in his latest budget proposal.

But here is an excerpt from a Haaretz article on the Israeli economy...

The pace of Israeli growth is the fifth highest among the 34 members of the Organization for Economic Cooperation and Development, which Israel joined last year. Israeli growth outstripped that of the United States, Britain, Japan, Germany, France and most other countries in the group, too. Economic growth by the OECD nations averaged 2.8 percent last year, while the average for continental Europe was even lower - a mere 1.7 percent.

Is Congress going to do as it has done every year for decades and keep the money pipeline flowing? Why? Lobbying power.

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