Israel again cripples its own military industry under Obama pressure, continuing Israel’s status as a banana republic.

The Jew may have left the shtetl but the shtetl mentality followed him along right to his own homeland. Israel should be putting itself in a position of independence from the US whenever possible while, of course, maintaining their status as staunch allies. It so happens the US, in many ways, needs Israel just as much, unless the  US plans to depend upon the Saudis, Turkey, Iran, Iraq, Russia as their allies in the Middle East. Are you kidding me?

Jerome S. Kaufman

U.S. and Israel Reach Agreement on 10-Year Military Aid Package 

By Carol Morello and Ruth Eglash

The U.S. and Israel signed a 10-year military aid agreement on Wednesday, expected to give Israel as much as $3.8 billion a year over 10 years, the State Department said Tuesday. Israel agreed to phase out a special arrangement in place since the 1980s that has allowed Israel to spend 26% of U.S. aid on defense research, development and procurement in Israel. The new agreement will run from 2019 through 2028 and replaces a memo of understanding that will end in 2018. (Washington Post)

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