Israelis have recently criticized Obama for asking Israel to do what the US and the rest of the world has been asking them to do for 40 years. This criticism has been harsh and heard from the PM's office. The US Treasury Department recently issued a review of Israeli loan guantees. showing that "[a]s of Dec. 15, Israel has $3.148 billion available in U.S. loan guarantees, subject to statutory deductions." Reuters, 2/15/2009. http://www.reuters.com/article/idUSNYS00762020091215. If Israel defaults, this could increase our out-of-control, unmanagable national debt 2.5%. US debt already totals $12,280,604,597,845.51, http://www.treasurydirect.gov/NP/BPDLogin?application=np. Isn't that enough? Critical issues such as health care & the insolvency of medicare, not to mention massive bailouts to avoid collapse of our economy are limited by concern over debt. Why are underwriting these peope who resent us?
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from the article: State Dept.: U.S. not planning to withhold Israel loan guarantees