Israeli Blockade = Hamas Cash
Israel’s blockade of Gaza is making archenemy Hamas rich. According to The Christian Science Monitor, Gaza businessmen (who are going bankrupt thanks to the blockade) say Hamas and friends “have been using their control of smuggling tunnels, money changing, and tax revenue to buy prime tracts of land and buildings. …”
Wait, before you go…
Christian Science Monitor:
The two-year-old blockade has strangled Gaza’s economy and put the majority of Gazans out of business. Israel’s logic has been that a collapsing economy will convince Gaza’s people to push Hamas from power. But instead, Hamas – which rose to prominence as a “clean” alternative to the famously corrupt Fatah – has benefited handsomely. Now, the movement and its friends appear to be supplanting Gaza’s traditional business leaders, which could entrench its political position as well.
They’re doing so, veteran Gaza businessmen say, thanks to the fact that Hamas can generate capital while all its potential competitors are running dry. They charge that Hamas and its associates have been using their control of smuggling tunnels, money changing, and tax revenue to buy prime tracts of land and buildings across Gaza, particularly along the enclave’s main boulevards.
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.Support Truthdig