Obama offers millions in Muslim technology fund

[Hazcat]

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.

Proposals must be submitted by the end of November, and managers of funds that make a final short list will make presentations in Washington in January.

Final selections will be announced next June.

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.

http://www.breitbart.com/article.php?id=CNG.96323f483e0be9f6a793eaa215ad708a.211&show_article=1

Comments at link

[Solus]

This sickens me.  With our country gong throught the tough economic times, we don't need to be sending any aid anywhere, let alone to countries that host a portion of their population that is avowed to our destruction.

Perhaps if the money was to be spent to eradicate the the militant Muslim faction, it could be justified.

In thinking about this, I have become grateful that BHO has married Michelle.  If he had married a Chinese woman, we might be sending money to Red China too.  Of course we probably are already, I'm just not aware of the numbers.

 

[tombogan03884]

This sickens me.  With our country gong throught the tough economic times, we don't need to be sending any aid anywhere, let alone to countries that host a portion of their population that is avowed to our destruction.

Perhaps if the money was to be spent to eradicate the the militant Muslim faction, it could be justified.

In thinking about this, I have become grateful that BHO has married Michelle.  If he had married a Chinese woman, we might be sending money to Red China too.  Of course we probably are already, I'm just not aware of the numbers.

 

We ARE, that's where the "stimulus money came from, we are paying interest on it. That's also where about half our manufacturing jobs have gone.    

[Pathfinder]

This sickens me.  With our country gong throught the tough economic times, we don't need to be sending any aid anywhere, let alone to countries that host a portion of their population that is avowed to our destruction.

Perhaps if the money was to be spent to eradicate the the militant Muslim faction, it could be justified.

In thinking about this, I have become grateful that BHO has married Michelle.  If he had married a Chinese woman, we might be sending money to Red China too.  Of course we probably are already, I'm just not aware of the numbers.

 

Let alone they already hold a shitload of our cash already. Let the mooslims pay for their own damn R&D.

[twyacht]

He has pledged money to Brazil so they can pursue oil exploration, but we can't drill anywhere here, build a new refinery, nuclear plant, or even put a solar farm in the middle of the desert.

And the Saudi's are looking at options if they get too cash poor?

 

We just paid the toll for the express train to hell in a handbasket with this clown as POTUS, and the minions of BOTH parties in Congress.

Keep your stockpiles growing.

[Sponsor]