May 26, 2005
The Middle Eastern Tsunami, or, Buying new Caterpillar bulldozers to repair the damage done by your older Caterpillar bulldozers
From the Associated Press: White House Hopes to Boost Palestinian With Visit and Aid, May 26, 2005: Bush also announced that United States will direct $50 million for housing and other construction aid to the Palestinian Authority to help Palestinians in Gaza once Israelis leave this August. RELATED: US Senate approves 2005 Israel aid package - Israel will receive $2.2 billion in military aid and $480 million in civilian aid: "Each year, Israel receives the largest share of US foreign aid, which totals $17 billion in the current fiscal year. Egypt is the second largest recipient of aid, with $1.9 billion. Jordan receives $464 million, after the 0.59% deduction. In addition to the annual aid, the US has provided Israel with $9 billion in loan guarantees over three years, or $3 billion a year." U.S. Financial Aid To Israel: Figures, Facts, and Impact: "Total U.S. aid to Israel is approximately one-third of the American foreign-aid budget, even though Israel comprises just .001 percent of the world's population and already has one of the world's higher per capita incomes."
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