Clipmarks
Sign Up  Install  Learn More  Login 
The Infowarriorfollowshare
14
10-3-2009 4:18 PM
290 views
The Infowarrior says:
Want to know what's really sinking America?

These have cost the U.S. $1.5 trillion, excluding the additional costs incurred since 2001.

The cost of supporting Israel increased drastically after the 1973 Israeli-Arab war. U.S. support for Israel during that war resulted in additional costs for the American taxpayer of between $750 billion and $1 trillion. When Israel was losing the war, President Richard Nixon stepped in to supply the Jewish state with U.S. weapons. Nixon’s intervention triggered the Arab oil embargo, which cost the U.S. as much as $600 billion in lost GDP and another $450 billion in higher oil import costs.

The 1973 oil crisis cost the U.S. economy no less than $900 billion, and probably as much as $1.2 trillion. As a result of the oil embargo the U.S. government created the Strategic Petroleum Reserve (SPR) to “insulate Israel and the U.S. against the wielding of a future Arab “oil weapon.”
5 Comments   | Add a Comment
10-3-2009 4:19 PM
The Infowarrior
The billion-barrel SPR has cost taxpayers more than $134 billion so far. Making things worse, Israel gets “first call” on any oil available to the U.S. if Israel’s oil supply is stopped, according to an oil supply guarantee, which former Secretary of State Henry Kissinger provided Israel in 1975. The $3 trillion figure is actually too low, as it does not include the increased costs incurred during the year-long buildup to the ongoing wars against Iraq, Afghanistan and Pakistan, in which Israel plays a significant covert role.

The higher oil prices incurred as a result of the Anglo-American campaign against Iraq were absorbed by taxpayers. Israel also has many hidden costs to the tax...
read more»
10-4-2009 9:10 AM
tabsey
This infoclip has a few pops and the joke has mobs. Guess we know why.
10-4-2009 9:39 AM
The Infowarrior
I know its sad, people don't want to hear the truth, unfortunately burying your head in the sand doesn't make it go away, through such apathy we are marching towards a situation that will affect every man woman and child on this planet, whether they actively take part or not.

Pops are nice but I prefer to go by views, because the information being spread is what is important.
10-4-2009 9:47 AM
ratilfar
Well I popped it because it deserves it.
10-7-2009 1:52 PM
sobriquet2
I had heard this before but there is an unwillingness to recognise the truth in the US or indeed the world. If any politician so much as hinted at these figures they would be out of a job.

I often believe the middle east issues could be resolved in 48hrs if the US just stopped aiding Israel until they come to heal, especially on the illegal settlements. But then the Jewish lobby would unseat any President that even hinted at it.
Login to Comment.  Not a member yet? Sign up
Embed This Clip In Your Site...
New from the makers of Clipmarks:  Amplify.com - Don't just share the news...Amplify it!

OK