Prof. Paul Eidelberg,
President, Israel-America Renaissance Institute
Since the anti-Israel and pro-Muslim Obama Administration may not veto UN Security Council sanctions against Israel, it is of crucial importance to inform American Congressmen and opinion makers of Israel’s contribution to American security and economic well-being, which has been deliberately ignored by Mr. Obama and his advisers.
Although some of the data in this paper should be updated, n the whole it is current enough to be taken seriously by American officials and the media.
Dr. Joseph Sisco, a former Assistant Secretary of State for Near Eastern and South Asian affairs, once told erstwhile adviser PM Menachem Begin: “I want to assure you, Mr. Katz, that if we were not getting full value for our money, you would not get a cent from us.” American congressmen and industrialists are pragmatists, not moralists. Let’s compare in simply terms what America gives Israel and what Israel gives America.
● In November 2014, Israel Aerospace Industry (IAI) inaugurated a production line to provide wings for Lockheed Martin-produced F-35 joint strike fighters. Under a $2.5 billion industrial cooperation deal, the new facility at IAI will produce up to 811 wing sets through 2030 at a rate of four per month. But let’s get a historical overview.
● For FY2006, U.S. military grants to Israel was $2.28 billion (2.8 B). For FY2014 it’s about $3B. U.S. economic aid was $240 million. Today it’s zero.
● For FY2006, U.S. military grants to Israel was $2.28 billion (= $2.28B). U.S. economic aid was $240 million. (Note: economic aid does not go into building up Israel’s economy; most of it is used to repay pre-1974 loans for military hardware, loans that were given to Israel at a high rate of interest.)