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October 24, 2009
Obama Gives MILLIONS in Muslim Technology Fund
Obama offers millions in Muslim technology fund
The White House Friday highlighted a new multi-million-dollar technology fund for Muslim nations, following a pledge made by President Barack Obama in his landmark speech to the Islamic world.
The White House Friday highlighted a new multi-million-dollar technology fund for Muslim nations, following a pledge made by President Barack Obama in his landmark speech to the Islamic world.
The White House said the US Overseas Private Investment Corporation (OPIC) had issued a call for proposals for the fund, which will provide financing of between 25 and 150 million dollars for selected projects and funds.
The Global Technology and Innovation Fund will "catalyze and facilitate private sector investments" throughout Asia, the Middle East and Africa, the White House said in a statement.
Eligible projects would advance economic opportunity and create jobs in areas like technology, education, telecoms, media, business services and clean technology, the White House said.
OPIC said sample projects could help foster the development of new computer technology or telecommunications businesses, or widen access to broadband Internet services.
In his speech to the Muslim world in Cairo last June, Obama argued that "education and innovation will be the currency of the 21st century" and that under-investment was rife in many Muslim nations.
As well as the fund, Obama also said he will host a summit on entrepreneurship this year to deepen ties between business leaders in the United States and Muslim communities around the world.
In his speech on June 4, Obama vowed to forge a "new beginning" for Islam and America, promising to purge years of "suspicion and discord."
In what may be one of the defining moments of his presidency, Obama laid out a new blueprint for US Middle East policy, pledged to end mistrust, forge a state for Palestinians and defuse a nuclear showdown with Iran.
Wild Thing's comment......
Obama helping the Muslims make better bombs. And here I was soooooo worried that the Muslims would not have the technology to, you know, form networks and cells.
This is our money and I don’t want to offer millions ... just where does he get off doing this! Obama just keeps piling on with his TREASON. He cuts back on our military and their equipment and I sure hope the Army brass is taking notes. They take orders from a man who has no respect for them or their country. Obama is going to shovel American tax dollars to the third world Muslim countries as fast as he can. He plans to break this country financially and militarily.
Obama’s 2009 Supplemental Appropriations for Iraq, Afghanistan, Pakistan, and Pandemic Flu was revised and “passed by the full committee.” Not sure what the next step is, but based on the summary, it gives billions of U.S. taxpayer dollars to countries and entities that support Sharia law and/or harbor, hide and support those who want to destroy the U.S. and our allies.
Read the summary from David Obey’s office that was quietly released last week with nary a word from any media.
• $3.6 billion, matching the request, to expand and improve capabilities of the Afghan security forces
• $400 million, as requested, to build the counterinsurgency capabilities of the Pakistani security forces
• Afghanistan: $1.52 billion, $86 million above the request
• West Bank and Gaza: $665 million in bilateral economic, humanitarian, and security assistance for the West Bank and Gaza
• Jordan: $250 million, $250 million above the request, including $100 million for economic and $150 million for security assistance
• Egypt: $360 million, $310 million above the request, including $50 million for economic assistance, $50 million for border security, and $260 million for security assistance
• Pakistan: $1.9 billion, $591 million above the request
• Iraq: $968 million, $336 million above the request
• Oversight: $20 million, $13 million above the request, to expand oversight capacity of the State Department, USAID, and the Special Inspector General for Afghanistan to review programs in Afghanistan, Pakistan and Iraq
• Lebanon: $74 million
• International Food Assistance: $500 million, $200 million above the request, for PL 480 international food assistance to alleviate suffering during the global economic crisis
• Refugee Assistance: $343 million, $50 million above the request, …including humanitarian assistance for Gaza. Funding for the UN Relief and Works Agency programs in the West Bank and Gaza is limited to $119 million (Note: Gaza = Hamas)
• Disaster Assistance: $200 million to avert famines and provide life-saving assistance during natural disasters and for internally displaced people around the world, including Somalia, Zimbabwe, Ethiopia, the Middle East and South Asia
• Peacekeeping: $837 million for United Nations peacekeeping operations, including an expanded mission in the Democratic Republic of the Congo and a new mission in Chad and the Central African Republic
• Department of Justice: $17 million, matching the request, for counter-terrorism activities and to provide training and assistance for the Iraqi criminal justice system
73 million to Zimbabwe
Posted by Wild Thing at October 24, 2009 03:30 PM
Comments
Aaargh!!!!
Posted by: Jack at October 24, 2009 04:41 PM
Jack, ditto that. He cares only about
his Muslims people. He could care
less about the American business owners
and employees or anything American.
Dang heis so horrible.
Posted by: Wild Thing at October 24, 2009 07:03 PM
I wonder if the average American Joe is really aware just how much of THEIR money Obama is actually giving away......and for what?? Prestige? Bribery? Inflating their ego's on the world stage? Paying off the Barbarian hordes?? It is friggin unbelievable, considering how much ordinary people are suffering in the USA. You have serious problems with homelessness and poverty, people desperate for basic health insurance and education. Where is the outrage people????? Where are the protests?? Since when did ordinary Americans start rolling over like dead porcipines and taking what 'the government' dishes out to people? It's YOUR friggin money!! NOT theirs!! They are there to serve the people, NOT screw the people!! Wake up America....wake up!!
Posted by: Lyn in Australia at October 25, 2009 06:50 AM
