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Objectively false, you can’t dispute that.
Also, even if it was the only distortion, “funded” vs “allowed” mean completely different things, even in that specific context. I’m not being pedantic either; words mean things, especially in such a complex situation.
To be clear, I’m not fully on either side because both Hamas and Israel have done horrible things. But your “oversimplification” is really misinformation and has to be called out as such.