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April 10, 2004Powell: U.S. won't penalize Israel for fence on loans
US won't withhold loans on account of fence The US will not withhold loan guarantees to Israel on account of the security fence, Secretary of State Colin Powell told the Senate Appropriations Committee late Thursday. Well, this should make for a happy Pessach in Israel! IIRC, this is an about-face in our policy, where previously we'd said that we would deduct from the loans because of our disapproval of the fence...and the Israelis built it anyway. Nice to see this formal acknowledgement that the fence is a good thing and that we're behind Israel's need for it. (And the sooner we officially recognize that Israel is one of our most critical allies in the WOT and that the Intifada was the first 9/11 attack that launched the Islamists war against the West in the 21st Century, the better I'll feel and the more effectively we can fight the IslamoFascists.) 
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