Tuesday, April 16, 2013

Shekel Strength: Israel Is Rich, So Why Do We Give Them $8 Million A Day? | Common Dreams

Shekel Strength: Israel Is Rich, So Why Do We Give Them $8 Million A Day? | Common Dreams

by Abby Zimet
Israel's economy is booming as never before, with newly discovered natural gas riches, almost full water independence, and a new Bloomberg study showing the shekel with the strongest rating of 31 major currencies tracked over the last six months. Given all this, severalcampaigns are asking a vital question more loudly than ever before: Why is a debt-ridden, sequester-suffering, grossly inequitable U.S., bolstered by an ever-greedy defense industry, giving $3 billion a year to a country smaller than West Virginia?

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