The idea that the rest of the world was somehow being held hostage by the Arab-Israeli conflict once had a minimal basis in reality. In the first 20 years of Israels existence, every Arab country was in an active state of war with the Jewish state. – John Podhoretz
The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesnt sound kosher. Because it isnt. – John Podhoretz