From the US Campaign to End the Occupation:
Another sign of changing discourse on U.S. policy toward Israel/Palestine: A commentary piece in [Bloomberg] Business Weekly [by Celestine Bohlen] calls for an end in U.S. aid to Israel:
Israel will get $2.7 billion in military aid from the U.S. this year — or 18 percent of Israel’s military budget. By 2013, that will lock into an annual level of $3.15 billion for five years. It also has almost $4 billion outstanding in available U.S. loan guarantees, left over from $9 billion extended at former Prime Minister Ariel Sharon’s request in 2003…. Back in 2007, when U.S. President George W. Bush pushed through a 10-year military aid agreement with Israel, Nicholas Burns, then undersecretary of state, said the U.S. considered the cumulative $30 billion in assistance to Israel “to be an investment in peace — in long-term peace.” Now may be a good time to check the return on that investment.
