Loan Guarantees for Israel
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Well, it looks like George Bush can finally enter himself in that pantheon of U.S. presidents who have spread-eagled themselves for Israel (“Bush OKs Israel Loan Guarantees,” Aug. 12). At a time when U.S. residential foreclosures are at record highs and our own people are homeless in horrifying numbers, Bush is pledging $10 billion of our tax money to subsidize construction in territories that Israel has illegally occupied for 25 years (in brazen defiance of the U.N.). Presumably future taxpayer grants to Israel, which is by far the largest recipient of U.S. aid, will be used to pay off the very loans we are now co-signing.
I doubt if we would accord similar treatment to Iraq if it proposed to build settlements in Kuwait.
RANDALL SMITH
Del Mar
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