Loan Guarantees for Israel
Here we go again! The orchestration of $10-billion (not million) aid by the innocent American taxpayer to Israel is in full swing. The front page article on July 19 said Secretary Baker was in Israel and promised to consider favorably the $10-billion loan guarantee to Israel. And, in the same edition on the commentary page, Column Right, an article by William J. Bennett (President Bush’s ex-drug czar) and Vin Weber (a Republican congressman for Minnesota) is taking it for granted that we owe it to Israel to give them the $10-billion loan guarantee because “we would be writing the final sentence to one of the proudest chapters in the history of the U.S. foreign policy.”
The audacity of these people!! If we have $10 billion to put at risk, why don’t we subsidize loans to American corporations to compete effectively in the international market to bring more manufacturing jobs to our country?
RENO S. ZACK, San Dimas
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