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Saturday, January 03, 2015

How long will it last?

Shavua tov, a good week to everyone.

In retaliation for the 'Palestinians' joining the International Criminal Court, Israel has suspended the transfer of $127 million in tax money to the 'Palestinian Authority.' How long will it last? I'm betting about a week.
Israel froze the transfer of about half a billion shekels (127 million USD) to the Palestinian Authority (PA), a political source told Arutz Sheva Saturday night, in retaliation for the PA's official request to join the International Criminal Court (ICC).
He said the decision was made Prime Minister Binyamin Netanyahu's orders and constitutes the Israeli response to the PA's unilateral moves. 
"The funds for the month of December were to be transferred Friday, but the government decided to freeze [the transfer] as part of the response to the Palestinian move," the official said.
That number is about a third of what the 'Palestinians' owe the Israel Electric Corporation. Of course, that debt is being subsidized by the Israeli rate payer through higher electric rates. 

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