The claim for sending hundreds of millions of dollars into a region riddled with terrorists is that it’s a good way for U.S. businesses and investors to get a sold foothold in the emerging Middle Eastern economies.
According to the GAO, Obama’s administration will be handing over more than $300 million tax dollars to Muslims to help pay their mortgages. $110 million of this money will be used as loans for businesses located in the West Bank.
The name of the group in charge of this is called the Overseas Private Investment Corporation. According to their website, ““OPIC provides financial products, such as loans and guaranties; political risk insurance; and support for investment funds, all of which help American businesses expand into emerging markets.”
The OPIC is partnering with a group created by the Palestinian Authority president. The GAO notes , ” PIF is governed by a board of directors and a general assembly appointed by the Palestinian Authority President, and manages investments throughout a number of sectors…”
They claim this will help emerging U.S business in the middle east. Though, some argue this money will be going to terrorist linked groups and businesses.
The OPIC claims all groups who will manage the money have been vetted to make sure the money isn’t going to the wrong people.
This has to stop. I’m am keeping a list if all money Obama is spending on Muslims I’m not through my list is growing. When I get it together I’m sending it to everyone in a political position I can to try and see why they can’t put a stop to it
Not any more
Lining their pockets as usual, get it through your head, politicians looks out for politicians whether they democrats or republicans
Our government bails out all the banks the Obama’s spend millions on vacations and we get the bills and more laws to restrict our rights, no I don’t know why people are disenfranchised?
Hopefully our NEW President will put a stop to all this c**p and make the mooslimes pay all the money back–and LEAVE America–go back to their sand piles ! ! !