Post by Daniel on Aug 1, 2016 18:17:37 GMT -5
Time for Israel to Walk Away From US Aid
By Caroline Glick August 1, 2016
On Monday, acting head of the National Security Council Yaakov Nagel will sit down with his US counterpart, Susan Rice, and try to conclude negotiations about a new, multi-year defense assistance package.
We must all hope that he fails.
No clear Israeli interest will be advanced by concluding the aid deal presently on the table.
Indeed, the deal now being discussed will cause Israel massive, long-term economic and strategic damage. This is true for a number of reasons.
First, there is the issue of the deal’s impact on Israel’s military industries, which are the backbone of Israel’s strategic independence.
Under the current defense package, which is set to expire next year, a quarter of the US aid Israel receives is converted to shekels and spent domestically.
Reportedly, the deal now under negotiation will bar Israel from using any of the funds domestically.
The implications for our military industries are dire. Not only will thousands of Israelis lose their jobs. Israel’s capacity to develop its own weapons systems will be dangerously diminished.
Then there is the problem of joint projects.
continue reading
www.breakingisraelnews.com/73021/time-for-israel-to-walk-away-from-us-aid-opinion/
By Caroline Glick August 1, 2016
On Monday, acting head of the National Security Council Yaakov Nagel will sit down with his US counterpart, Susan Rice, and try to conclude negotiations about a new, multi-year defense assistance package.
We must all hope that he fails.
No clear Israeli interest will be advanced by concluding the aid deal presently on the table.
Indeed, the deal now being discussed will cause Israel massive, long-term economic and strategic damage. This is true for a number of reasons.
First, there is the issue of the deal’s impact on Israel’s military industries, which are the backbone of Israel’s strategic independence.
Under the current defense package, which is set to expire next year, a quarter of the US aid Israel receives is converted to shekels and spent domestically.
Reportedly, the deal now under negotiation will bar Israel from using any of the funds domestically.
The implications for our military industries are dire. Not only will thousands of Israelis lose their jobs. Israel’s capacity to develop its own weapons systems will be dangerously diminished.
Then there is the problem of joint projects.
continue reading
www.breakingisraelnews.com/73021/time-for-israel-to-walk-away-from-us-aid-opinion/
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