Do not bite the hand that feeds you - Comment - Israel News | Haaretz Daily Newspaper
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    • Beauchard
    • 08.09.11 | 12:37 (IDT)

    For the looney left money grows on trees. However, there is an important financial element in the Palestinian attempt to become a UN member in September 2011. According to the Palestinians themselves, they need an extra $5 billion for statehood. Who do they expect to provide this money? The US and the EU. The Arab upheavals have led to the implosion of the economies of Tunisia, Egypt and Lybia. If Assad falls, you can add Syria to that list. All these countries will need a short-term financial injection of tens of billion of dollars. Who do they expect to provide this money? The US and the EU. However the US has a lot of financial problems and the Eurozone is on the brink of bankruptcy. The US and the net payers to the EU(Germany, Netherlands and Italy) will vote against Palestinian membership of the UN. Ros-Lehtinen is making sure that the US has some financial benefit from the vote. It is never advisable to bite the hand that feeds you.

    from the article: U.S. Republicans urge Obama to veto Palestinian statehood bid at UN
    First published 09:50 08.09.11 | Last updated 09:50 08.09.11
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