
Originally Posted by
Franco
Our Forign Aid is causing a dangerous Arms Race.
This story was posted on Rand's Facebook page...
Earlier this month, I flew to Israel to join Senator Rand Paul on a fact-finding tour. It’s his first visit to Israel, my third. Senator Paul is a new member of the powerful Foreign Relations Committee, so he got first class treatment, meeting privately with Prime Minister Netanyahu, the mayor of Jerusalem, and the King of Jordan, as well as military and business leaders.
Our tour group visited at all the major tourist spots, including the Sea of Galilee, the Jordan River, the Dead Sea, Masada, Bethlehem, and Jerusalem. We stayed at a hotel right on the Sea of Galilee run by a kibbutz. In the hotel room, the management announced that the hotel used to be a traditional kibbutz, where everyone was paid the same salary and had everything in common, but now had switched to a “private” market to provide incentives and keep the younger generation from leaving.
I witnessed first hand how Israel has made significant progress economically over the past 30 years, largely by gradually abandoning socialism and adopting market-friendly reforms. Meanwhile, other Middle Eastern countries like Egypt show no improvement at all.
One of the major issues on the trip was foreign aid to Israel. Senator Paul told me that he has two major objections to foreign aid. First, we can’t afford it, given our huge and growing national debt.
Second, more importantly, foreign aid in the Middle East is leading to an arms race. “If the US gives 20 F-16 fighter planes to Egypt, Israel then feels it needs to buy 25,” he said.
In fact, according to the senator, the U.S. gives more aid to Israel’s neighbors than to Israel. “We taxpayers are subsidizing the hate-filled propaganda put out by the radical Palestinians about America,” he said.
Senator Paul wants to gradually reduce and eventually eliminate foreign aid to Israel and the Palestinians. In his talk to us on the tour, he cited a speech given by Prime Minister Netanyahu several years ago arguing for the end of aid from the United States.
Unfortunately, Senator Paul’s end-foreign-aid bill has no chance of passage due to the argument that giving money to both sides creates a “balance of power.” It’s madness.