Love of the Land: US Loan Guarantees Cost US Nothing - Yet Cost Israel Her Sovereignty

US Loan Guarantees Cost US Nothing - Yet Cost Israel Her Sovereignty

Manhigut Yehudit
Press Release
10 January '10

American Envoy to the Middle East George Mitchell stated last week that if Israel doesn't advance the peace process, "[the United States] can withhold support on loan guarantees to Israel". Manhigut Yehudit applauds Israeli Finance Minister Yuval Steinitz for telling Mitchell that "We don't have to use those guarantees; we are doing very well without them" and Israeli Education Minister Gideon Sar for stating that "We will act in accordance with our own interests and not in accordance with external pressures."

Though US Senators John McCain and Joe Lieberman sought to minimize the threat, Mitchell's statement sheds light on years of attempted American blackmail by which the United States placed financial pressure on Israel to gain the Jewish state’s surrender to and continuation of the ongoing false peace process.

In conjunction with the loan guarantees are the roughly 2.7 billion dollars that Israel receives annually from the United States. Moshe Feiglin, leader of the Manhigut Yehudit (Jewish Leadership) faction of the ruling Likud party, has been clear for years regarding US aid - that all US aid to Israel should be ended. The loan guarantees and the financial aid have come at a high price to Israel. By following this fraudulent Oslo “peace” process, Israel has suffered almost 2,000 dead and over 10,000 maimed at the hands of her so-called Arab “peace partner”.

Excellent related article: The American Aid Myth (25 May '01)

Moreover, since the Oslo Accords were signed in 1993 (by which Israel willingly offered to give away the Land where 93% of the places mentioned in the Jewish Bible are located), an ever increasing portion of world opinion (including Jewish opinion) questions whether justice is on Israel's side. This "peace process" has therefore had a deleterious effect vis-à-vis anti-Semitism as well as strengthening terrorism and eroding Israel's military security.

American aid to Israel comes at a heavy price with onerous strings attached. Seventy-five percent of all monies must be spent in the US thus making it a make-work program for America’s defense industry. These conditions have cost Israel 100,000 manufacturing jobs and Israel has been prevented from using its technology for the development of its own economy. The ending of American aid would solve Israel’s unemployment crisis and free Israel to reap a tremendous profit in arms sales that would more than offset any benefits of American largesse. Currently, Israel upgrades virtually all of the military equipment that it receives from the US and yet the American companies own the technology and are the only ones able to profit. Former Israeli Minister of Economic Affairs Ron Dermer publicly confirmed these assertions at the 2006 AIPAC Conference in response to a question from Manhigut Yehudit’s US Director, Rob Muchnick.

Israeli leaders typically state that they must continue the Oslo Process or else the financial spigot from the US will be shut, even though they know that the premise is false. As a case in point, former Prime Minister Ariel Sharon stated in 2005 that if Israel did not implement the “Disengagement from Gaza”, the United States would make Israel “do something worse”. Israeli Prime Minister Benjamin Netanyahu has continued this trend by freezing Jewish construction in all parts of the Land of Israel liberated from the Arabs in 1967. When asked at the aforementioned AIPAC conference for his opinion as to why Israel continues to take American aid, Dermer - now a senior advisor to Netanyahu - responded that this "was a political decision made by each Prime Minister".

Manhigut Yehudit does not blame America for attempting to co-opt Israel. The Jewish state must stand on its own feet and be led only by its devotion to its heritage, its Land, and its Creator.

This duplicity on the part of Israel’s leaders has caused her to give up her sovereignty to such an extent that many people now simply think of her as nothing more than an extraneous 51st state of America.

Love of the Land: US Loan Guarantees Cost US Nothing - Yet Cost Israel Her Sovereignty