Thursday, August 16, 2007

Peace Through Streanght: US to Supply $30 Billion to Israel Defence Forces

With growing tension in the region, Undersecretary of State Nicholas Burns and Bank of Israel Governor Stanley Fischer concluded negotiations over a $30 Billion dollar US defense package for Israel. This opens the way for a $20 billion dollars sale of military equipment to Saudi Arabia and other US allies in the Gulf Region, without protest from Israel. The US continues to guarantee Israel's technological "qualitative edge" in the region. This is all bad news for Iran but good news for US interests in the region. It is also good news for US defense contractors who are frequently demonized by ignorant hoards, but serve a critical roll in our national defense and economy.

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