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Putting all those billions of dollars into context

Condi Rice is working her way through and around the Middle East in what is almost certain to be yet another failed attempt to bring some sort of stability and peace to the region. In the process of her travels Rice has announced a military aid package which the US will provide to many of the Middle Eastern countries, notably Israel [the most money] Egypt and Saudi Arabia.

The fact that billions of dollars are to be "given" to the Saudis has rightly, prompted this response and analysis in The Independent:

"Here's something they sneaked out this week with hardly anyone noticing - the Americans have announced a "military aid package" of sixty billion dollars for their allies in the Middle East. Or, to be grammatically correct, sixty billion, that's sixty thousand million bastard dollars!!!

How can they spend that? Have Prada moved into tanks? Maybe they now buy these things at fashion shows, where a commentator gasps: "Ooh, my, my!" as down the catwalk comes this exhilarating design for the very latest satellite-guided armour-penetrating missile modelled here by Kate Moss, designed, of course, by Stella McCartney, and "sure to be this summer's big bold hit when it comes to melting the Hizbollah".

This is $250 for every living American, $10 for everyone on the planet. Are they taking each weapon out individually for a meal at the Ivy? And $13bn of this is for Saudi Arabia. Because if there's one family on this earth in need of financial aid, it's the Saudi royal family. Who's getting the rest - the Bee Gees? Anyway, why do the Saudis need military aid at all? Their favourite weapon seems to be the stone. I suppose now if a woman commits adultery or speaks out of turn she'll be battered to death with a bloody great ruby instead.

To get all this in perspective, after the G8 summit two years ago in Scotland, after the Make Poverty History march and concerts, a beaming Tony Blair announced a record-breaking global amount of aid of fifty billion dollars. This time they seem to be a bit more modest. No one came galloping out of the White House joyfully to explain that, after a whole week of negotiating, they've come up with more laser-guided firebombs than ever.

But they shouldn't be so modest. Because a sign of how hard it is to come up with such sums can be seen from this year's G8 summit, when they admitted that instead of the $50bn they promised in Scotland, it was back to $25bn after all. So all those balloons, celebrations, smiley press conferences and declarations of a new start for Africa, were about the entire western world donating to an entire impoverished continent less than half of what one country has quietly coughed up in weapons for the Saudis, Egypt and Israel."

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