There was an alarming piece in our local rag this morning about the US cutting its funding to Israel. This due to the fact that it has WAY overstretched itself in the war on Iraq. The amount which Israel will NOT receive runs to the equivalent of some NZ$660 million. Reportedly this brought about an emergency cabinet meeting in Jerusalem. It seems the lack of this money will jeopardise the security of the country, as the defence budget will fall short.
Yes, that is a huge figure, but if I told you that reputedly our city council is in debt to the tune of a third of this amount, it kind of puts it in perspective. The defence of 7 million people, or the running of a city, which at the outside comprises around 350,000 souls. Oh, yes, and one of the biggest expenditures this year was planting native trees along the central reservation of an inner city motorway.
Go figure!
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