Thursday, February 02, 2006

Its not withholding foreign aid

I am tired of reading about Palestinians whining that Western governments are withholding foreign aid. They claim that they are being punished for exercising their democratic right to vote. They complain that the US is interfering in their lives.

But their argument is so flawed it doesn’t deserve the coverage major media outlets provide it.

Think of foreign aid as an investment in a company. There are companies that you choose to invest in, and you put your money into those companies where you can expect a decent rate of return. If the company goes bad, you try to pull out your investment, and salvage whatever you can.

The Palestinians, both a country, and as individual people, are a bad investment. Through their vote, they demonstrated that they have no concern for Israeli life. They demonstrated that they do not want to be part of an international community. And it’s not like it was a close election, they shouted loud and clear that they stand behind terrorists and terrorism as a government policy.

The US is doing what any prudent investor would do, cut their losses. There is no need here to keep throwing good money after bad money, despite the $1.5 B our government has thrown away since the early 90s.

What the Palestinian people have to understand is they made a choice. It was their choice to make, and well over three quarters of them were involved in making the choice.

There is no reason why the United States should pay for that bad choice.


Blogger Olah Chadasha said...

These are governments, which automatically translates in them being run like Enron on crack. If the government were a business... well, they wouldn't last a week with the horrific way in they run and handle their financial situation. Precisely because they are not a government means that they handle business poorly and spend money extremely recklessly with no concerns for long term losses and gains.

This has nothing to do with investments and everything to do with making a point and enforcing the law. Hamas is a terrorist group, as stipulated by Congress. It is illegal for a citizen to give money or raise funds for a listed terrorist organization. Kal V'Chomer, it is that much more illegal for the government to supply said terrorist organization with funds. That is why the denial of funds is only stupiulated for as long as Congress classifies them as a terrorist group. So, as soon as Congress and/or the President believes that Hamas has changed their evil ways by recognizing Israel or dancing naked around a bon-fire, Congress will take them off the list, or split the group in two; a terrorist wing and political wing (alla Hezbollah) and give them money again.

Will they be a better investment then? Has the government suddenly decide to short on their stocks? No. As soon as they think or make up some reason that Hamas has changed, things will go back to normal, and the money will restart to flow. Because the investment isnt in a group. It's in an idea. Peace in the Middle-East. No matter how much the stock tanks, they're going to keep reinvesting in the hopes that the stock will go back up [if only they put more money into it]. It'd be like putting millions of dollars into AOL, hoping against hope that every other internet server will suddenly crash, and everyone will have no choice but to switch back to paying $30 a month for their crappy service. That does not spell good business to me, nor does it spell some righteous wake-up call.

February 02, 2006 1:24 PM  
Blogger Ger Tzadik said...

Fine, governments may be Enron on crack...but Enron was only concerned about money, so doesn't that apply doubly to the government? At least this one?

Bush sticks a lot of rhetoric behind Law and Order...but at the end of the day, the laws he cares about are the ones that will let the US economy grow. The rest are optional at best. An unstable Palestine doesn't let that happen. If he REALLY cared about Law and Order, he wouldn't have leaned on Israel so much to make this happen.

February 02, 2006 2:01 PM  
Blogger Olah Chadasha said...

ger, this is all about the U.S.'s interests, and there's nothing wrong with that. And, that's exactly my point. When the US feels it's in its best interest to do something, it'll find a way to do it, just like any other country. It's just a lot smarter about it than most other countries.

February 03, 2006 8:26 AM  
Anonymous Anonymous said...

if oc knew some palestinians, she would see that they are really great guys. they get a bum rap in the jewish press.

and if you want peace in the middle east, then you should be all for getting the jews the hell out of there. it is they who are the root cause of so much me violence. without them, the world wouldnt care about the me.
the world only cares because it is an outside force which is persecuting a native population.
once the jews leave the world wont even be concerned about the me.

February 05, 2006 2:05 AM  
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