How will funding “Muslim Countries” help advance economic opportunity for Americans?
I’m failing to see how financing Muslim Countries to the tune of USD 150 MILLION to “foster and develop new computer technology” will put food in the mouths of Americans.
OPIC says “The Global Technology and Innovation Fund will “catalyze and facilitate private sector investments” throughout Asia, the Middle East and Africa.” How exactly will that shorten the unemployment lines at home?
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Filed under Other - Politics & Government by on Apr 23rd, 2010. 
Comments on How will funding “Muslim Countries” help advance economic opportunity for Americans?
Coupon Binder
Just Obama’s buddies not the rest of us
Marketing Strategies
The same way funding Israel’s tech industry does, we as Americans lose!
Marketing Strategies
Byzantium did this to for a time. Suspect we will reap the same fruit.
Business Marketing
OPIC provides funding for US COMPANIES to invest in over 150 countries throughout the world. This includes Latin America and Europe. It was established in 1971.
“OPIC assists U.S. companies by providing financing (from large structured finance to small business loans), political risk insurance, and investment funds. OPIC complements the private sector in managing risks associated with foreign direct investment and supports U.S. foreign policy.
OPIC was established as an agency of the U.S. government in 1971 and currently does business in over 150 countries.”
The list is here…not all Muslim countries
THE ONLY way to qualify initially for this funding is if the project has NO negative impact on the US Economy, cannot result in the closing of or reduction of a US workforce and cannot fall within a sector that has experienced significant job loss in the U.S. within the past decade.
This is financing for US companies to do business in these countries, so it gives jobs to US Citizens when those companies are able to do business overseas.