George Mitchell has warned Israel that Washington can withhold "loan guarantees".Photo AFP
U.S. Suggestion Of Sanctions Causes Stir In Israel -- Reuters
JERUSALEM (Reuters) - A U.S. peace envoy's suggestion that Washington could penalize Israel financially to force it into making concessions to the Palestinians drew Israeli ire on Sunday.
"Under American law, the United States can withhold support on loan guarantees to Israel," George Mitchell said on U.S. television on Wednesday after being asked about the kind of pressure that could be brought to bear on Israel.
Over the past two decades, Israel has received U.S. guarantees covering billions of dollars in loans, underwriting that has been instrumental in raising money overseas more cheaply.
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Update: Israel ignores US pressure over peace talks -- AFP
My Comment: I am not surprise to see Israel respond quickly .... and with derision on any threat. They know that Congress will never approve, and the Israeli Government is confident that the U.S. media and the majority of Americans will not approve of such a measure.
As to what is my opinion .... the White House must now respond to this one finger gesture from the Israeli Government. But they will not .... their behavior is now becoming predictable not only against Israel, but with other nations. Make a threat .... but do not follow it through.