That $150M that I flagged yesterday? A drop of water in an ocean of terrorist funding:

A statement from the U.S. Consulate in Jerusalem says American aid to the Palestinians in 2008 now totals over $700 million and exceeds the amount the U.S. pledged at a donors conference in December 2007. We have already seen that 60% of the PA budget goes to Gaza, where Hamas benefits from the world's largess towards Palestinian Arabs. So this year the US has effectively given Hamas $420 million this year.

Enjoy that $420M figure while it lasts. It's also going to seem positively quaint after Hamas gets done taking over the PA via either unity government or parliamentary takeover. Abbas is already firing his security personnel - the very ones that the US is ostensibly funding - so as to placate Hamas:

Fatah officials on Wednesday criticized Palestinian Authority President Mahmoud Abbas's decision to dismiss Gen. Tawfik Tirawi, commander of the PA's General Intelligence Service, noting that the timing was particularly "problematic."... Abbas offered to appoint Tirawi as his "adviser" on security affairs and to promote him to the status of minister... Abbas's decision to fire Tirawi is believed to be linked to the PA president's desire to patch up his differences with Hamas.

Firing him actually falls short of what Hamas is demanding: they want Fatah security chiefs executed for coordinating with Israel. State Dept security assistance: Money. Well. Spent.

And of course the Palestinian molotov bender continues apace. So State is dumping millions into Fatah security forces who are supposed to be securing peace - except soon those forces are going to be Hamas forces and the Palestinians don't really seem to want peace. Almost impossible to imagine why the peace process hasn't worked out yet.

Previously and references moved behind the jump...