Barack “Kingfish” Obama, following his “pledge” made back in June during his “landmark speech” to the Muslim world, is now calling for a “multi-million dollar technology fund for Muslim nations”. (“Obama offers millions in Muslim technology fund” Breitbart)
What isn’t clear due to the lack of details given (imagine my surprise, a lack of detail from Obama..) is whether Obama’s “Global Technology and Innovation Fund” needs to be taken from the government’s (the taxpayers) already overextended coffers or whether the OPIC (Overseas Private Investment Corporation) will be both financing and overseeing the project. I am guessing that Obama’s GTIF is merely glomming onto OPIC’s success.
OPIC has been around since 1971 and in that time, they have managed to make investments that have the organization’s net worth at well over four billion dollars. OPIC should be wary of the Obama “golden touch”.. After all, look at what he has managed to do in less than ten months to the largest and most powerful country and economy in the world.. OPIC hasn’t cost the taxpayer a single penny as their work is based upon “market-based fees”, in other words, they make a profit.. Capitalism.. See how this capitalism concept works, Obama?
This is the follow up to Obama’s “landmark speech” on June 4th where he called for a “new beginning” in Muslim relations. This “new beginning” has to come with a bribe of American infidel dollars attached but I was hoping that a “new beginning” might mean that the Muslim “nations” might begin to do something about the terrorists that are operating freely and openly within their “countries”.. Silly me..
The goal is to “advance economic opportunity and create jobs” in the Middle East. Based upon OPIC’s record, I would say that they will accomplish this goal and they will again make a profit as well. My question is, why couldn’t Obama find people like this when he was assembling his cabinet instead of the incompetent beginners and bunglers that he eventually decided upon? Why didn’t Obama consider this novel approach of creating jobs and advancing economic opportunity DOMESTICALLY as opposed to everywhere else in the world?
On June 4th, “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..” Great work, Obama, “mistrust” is alive and well, there is no “state” (other than ‘confusion’) relative to Palestine and Iran is toiling away at their “peaceful” nuclear facilities whist giggling in your face.. Looks like an Obama promise to the Middle East is as effective as the ones he has made to the American public..
Maybe if Obama would get off of the backs of the DPIC’s (DOMESTIC Private Investment Corporations) as opposed to involuntarily taking them over and running them into the ground, domestic investment might have as rosy a future as the investments he wants to make in the Middle East.. During these trying times of the Obama Depression, advancing opportunity elsewhere isn’t anywhere near as important as advancing opportunity at home..
10 responses so far ↓
Margaret in CT // October 24, 2009 at 2:26 pm
My cynical belief is that any technology, whether sold or given to Middle East countries, will make its way into the hands of our enemies, some of whom do not belong to a terrorist group. Hating the U.S. while bilking the U.S. is the favorite pasttime of many powerful Muslim rulers and “businessmen.” They used to think that they were smarter than we. Now, they KNOW they are!
Why on earth would Obama care whether the technology of Muslim countries is up to modern standards? Didn’t we try to destroy terrorist networks that allowed Bin Ladin & Co. to plan our doom by email? Does Obama think it will keep them from wanting to cut his throat?
Dave, Anaheim, CA // October 24, 2009 at 5:23 pm
You just need to remember that Obama is
50% White (which he totally denies)
44% Terrorist (Muslim)
6% Black and
0% American.
Richard // October 24, 2009 at 7:26 pm
Dave, I couldn’t have said it better other than to put a negative per cent of American as he is so hellbent on destroying this country. Negative 10 on American and 40 on white?
Rick // October 25, 2009 at 11:59 am
How about obama spending 20 million tax payers dollars to relocate
Palestinians from Gaza
[home of Hamas]
to the U.S.A.
Tell that to an out of work American.
Eileen // October 25, 2009 at 10:01 pm
Dave,
I would have used the percentage as:
50% African-American
44% Arab/Muslim
6% White
0% American
Just my opinion. The press seem to focus on his “blackness” to encourage other blacks that they to, with initiative, can rape and pillage white Americans, who work and seem to support more blacks through our tax dollars then those living in a “black” society.
Once again just my opinion.
Joe // October 25, 2009 at 11:17 pm
Obama has moved his “promises” of handing out goodies up to the international level. Should this be called “redistribution of worthless wealth?”
Obama doesn’t really see himself as the President of our United States, but more the ruler over the world. He sees himself above it all trying to coordinate and orchestrate various countries and their agendas. His apology in Germany and England was a prime example of how he sees America, as an imperialistic nation that has been arrogant, rather than a great noble nation that has at times made a few errors. This is the first President that has chastized our allies and appeasingly kowtowed to our enemies!
Dave, Richard,
Obama is 50% white, which he rejects.
The rest of him is mostly Arab, which he hides but is disclosed by his non-African Arabic sur-name and his Arabic first and middle names as a way to triply proclaim his parentage to people in Kenya. Only a small part of him is African Black from his Luo grandmother, which he pretends he is exclusive.
What he isn’t, not a genetic drop of, is “African American,” the decendents of enslaved Africans brought to America chained in slave ships. He hasn’t a single ancestor who was a slave. Instead, his Arab ancestors were slave owners! Slave trading was the main Arab business for centuries until the British ended it.
Oh, if those deer-in-the-headlight, stardust-filled eyed voters could have seen beyond the toothy smile and skin color. But then they still would have needed a brain.
Monica // October 26, 2009 at 2:11 am
The way I see Obama and his 70’s crony, hippie, drugged out mind numbed Chicago mob friends and advisers are latent frat boys. They probably sit around a dart board to decide who to give the “rich” taxpayer dollars to this week. Let’s have another beer and ciggie boys. This is so much fun! Screw them while we have the chance and let’s get more great ideas from Saul Alinsky’s “Rules for Radicals”.
And, when he’s not at the “gray” house he is out on the campaign trail flying around in Air Forced “TOO”.
Joe // October 27, 2009 at 2:03 pm
“The budget should be balanced, the Treasury should be re-filled, public debt should be reduced, the arrogance of offiacialdom should be tempered and controlled and people must learn again to work, instead of living on public assistance. The assistance to foreign lands should be curtailed lest Rome fall into bankruptcy. ~~ Cicero ~~ 55 B.C.
So what have we learned in the last 2,064 years? Obviously nothing! And that was one little piece of wise history King Obama entirely missed.
JJ // October 27, 2009 at 2:29 pm
Joe,
King Obama obviously has not learned much history, and probably doesn’t want to . After all, he is the chosen one, and therefore can do whatever he chooses, especially when he becomes”king of the world” ( move over Leonardo ) !!
LadyWolf // October 29, 2009 at 1:36 am
I suspect that the technology is already in place and that the taxpayers will actually be paying multi-millions of dollars to fund further terrorist attacks on the US.