Word: loaned
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Dates: during 1990-1999
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...atmosphere in a congressional hearing room doesn't get much testier than this. Secretary of State James Baker III appeared on Capitol Hill last week to announce the Administration's terms for the $10 billion in loan guarantees that Israel is seeking to help resettle Jewish immigrants from the former Soviet Union. Taking a gamble no previous Administration has been willing to contemplate seriously, Baker laid out a blunt policy line to the House Appropriations Subcommittee on Foreign Operations. Israel has two choices, he said. The U.S. would back the loans for five years with no strings attached -- but only...
TAKE, FOR INSTANCE, the current problem of the loan guarantees. As matters stand now, someone who denounces the link between loans and settlements and who thinks Bush should not meddle in the Israeli election process by humiliating the incumbent will probably be accused of trying to take ethics out of politics. Before we give a cent to Israel, we have to be assured of its moral probity and commitment to human rights...
...Hussein not become a threat to our own economic aims, we would never have heard of his brutality, and the U.S. government would have gone on giving him money. Yet as soon as Israel wants a loan to shelter refugees that no other country will take in, the president begins his moral posturing and the rest of America follows suit...
Every other group is encouraged to celebrate its ethnicity, almost to the point that insisting on a common American culture is considered racist. But in September, Bush appealed to "the American people" to stand by him against the Jewish lobbyists for loan guarantees, whom he portrayed as a hostile foreign power hemming...
...Israel halts settlements due to U.S. pressure, its government will lose face for having bowed to coercion. Yet if Bush decides to loan Israel money with no strings attached, he will do it in a way that makes him look like a martyr to Jewish lobbyists. We can hardly expect the Arab nations to respect Israel's right to exist when we implicitly refuse to recognize it ourselves...