CodeBlack wrote: Pisses off the Muslims.
The truth is, the US does not benefit that much but Israel is a democracy in the middle east, plus we can land there in emergencies, use MIL bases, plus if the Muslims are always pissed at Israel then that gets them off our back. And, we can indirectly threaten the middle east by supplying weapons to Israel. And finally, it is the holy land after all and many Judeo/Christians want the West to maintain control of it. Even the Catholic church is in favor of that, for the last 1,000+ years.
I don't think it has anything to do with gold. Israel is not a rich nation; the US gives billions to Israel every year. Israel does develop some high tech products though.
Our founding fathers didn't want to "piss off Muslims". Our founding fathers were Capitalists who wanted to trade with them. That is documented in the Treaty of Tripoli where it was stated that the US is NOT based on Christianity. Thomas Jefferson had a copy of the Koran, to learn from it and he didn't believe in modern day christianity.
The truth is, Isreal isn't a true democracy. No matter how the people of the nation vote, it still has to be approved by a Rabbi. It's kinda like how the Brits have to be approved by Queenie. The Rabbi, and their council hold the ultimate veto power. I'll try and find some of my old links to show you how f'd up their government is, as time permits.
Aquatank is right on about the Only benefit that the US gets from Israel, resources.
Israel has only murdered Americans, look up the USS Liberty. They've stolen top secrets, spied on us, etc. Other than that little strip of water and an airbase or two, Israel is useless. The problem with Israel is that they're very expensive to American tax payers and to human lives. Personally, that little strip of water and a couple of bases aren't worth all the atrocities that Israel commits. Let Iran blow them away for all I care. Unfortunately, there are good humans who are Israelis too. It is just their government that sucks. I hate to see good humans and animals get murdered.

That whole "holy land" myth...the early zionists knew that the Palestinians were actually the real Hebrews, not the Ashkenazis who rule Israel today. Besides, if people actually read and believed those books they'd know that the "promised land" isn't man made, like Israel was. It is supposed to be made by their god, which hasn't happened yet (nor will it). Until their god creates that land and leads them to it, nothing else counts, including the nation currently called Israel.
I hate the Israel government, but I hate terrorists, thieves and liars. So, since the government of Israel is all three, it would be obvious why I'd hate them.