Saturday, June 11, 2011

Hamas grows financial power: from $40 millions budget, to $500 in 5 years

Thanks to Flotilla activists and anti-Semitic loony Turkish ruling party.

Peres Center: Israel failed to curb Hamas' financial power
Senior economist says Hamas budget increased from $40 million in 2006 to
$500 million in 2010

A new position paper by the Peres Center for Peace released Thursday, stated that Israel's policies vis-à-vis Hamas have failed to damage Gaza-rulers' financial base.

The study suggests that Gaza's business sector now has a new élite, whose members are highly connected within the regime, and whose power-base relies on the booming "tunnels economy."

The Peres Center concludes that if Israel wants to undermine Hamas' financial base, it should allow more free trade via the Gaza crossing, allow Gazan businessmen entry to Israel and subject any trade limitations to "pure security considerations."

How will free trade with a terror entity help to fight its terrorists leaders?! Peres center for peace - making today's fantasy tomorrow's policy catastrophe.

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