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To: cookcounty
Ha. that's $300 in the first year. 5 years out its a LOT more.

Hee, hee. Good point!

BTW, Israel is the only country exempt from the requirement that it must spend its money here in the US. It is allowed to spend its U.S. gift money with its own defense contractors within Israel itself.

138 posted on 12/25/2001 8:42:50 PM PST by dlt
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To: dlt
"BTW, Israel is the only country exempt from the requirement that it must spend its money here in the US. It is allowed to spend its U.S. gift money with its own defense contractors within Israel itself."

This isn't correct. For example, when it comes to civilian trucks, you won't find a US-built truck anywhere on Israeli roads, but when it comes to military trucks it's strictly US-built ONLY, because that what the agreement requires. Yes there is allowance for some Israeli-built systems (like the Arrow), but in those cases, the US gets the engineering and R&D done for free. Like I said, "MOST" of the money must be spent on US manufactured products.

144 posted on 12/25/2001 9:07:56 PM PST by cookcounty
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