Surprise! Plenty of Obama money for these people

WND ^ | Dec. 8, 2013 | Steve Peacock

[Steve Peacock]

Newest plan for stabilizing economy not intended to help U.S.

The Obama administration is launching a program with the ambitious goals of sparking business investment, reducing investment risks, and creating and sustaining new jobs.

However, the beneficiaries are Middle Eastern and North African nations, not workers in the United States, WND has discovered.

The MENA Investment Initiative, or MENAII, “will provide needed support to early stage businesses in order to create and sustain jobs,” according to a Request for Information, or RFI, that WND discovered via routine database research...

The provision of matching capital to private-sector investors is one of the primary strategies [USAID] intends to leverage...

USAID also will subsidize the insurance policies of the investors, partly shifting investment risks onto U.S. taxpayers.

[BenLurkin]

It’s criminal.

[varon]

Another 3 step raid on the US treasury:

1 - Start-up capital into the awaiting pockets of the politicians
2 - Working capital into the pockets of political parties, apparatchiks and deal brokers
3 - Bailout capital to the bankers

[Scooter100]

Here are the top 25 U.S. foreign Aid recipients. Interesting that US Aid is now to either black or muslim nations. (with the exception of Israel, Philippines, Columbia and Mexico) Source: Wiki, so be careful.

$32 Billion....that's a lot of school lunches that could have been for American kids.

[Steve Peacock]

Thanks, Scooter, for sharing that chart. Just FYI, while there have been several changes in the past two fiscal years (a costly US-funded Iraqi police program was suspended, thereby dropping Iraq down a few notches, for instance), but the top recipients largely remain the same.

[Steve Peacock]

The good news about the timing of this endeavor’s discovery is this: currently USAID is only seeking information about contractors who may be able to help the agency carry out the project in the Middle East/North Africa. Perhaps with enough pressure, citizens can find a group of congressional “leaders” with the balls to take on Obama and quash this insane potential squandering of taxpayer funds before it actually takes place.