Wait.. What? Millions for "muslim technology"

[Shearwater]

What about the Arab League? What about the OPEC states? China? They are already getting enough money from the West that buys their oil.

[Platapus]

First of all, OPIC is not giving any money to any foreign country. That is not what OPIC does.

OPIC provides loans
OPIC also provides insurance for American investors to help counter any political risk in the investments
OPIC provides investment funds to Americans to invest in overseas industries (AKA outsourcing). These funds are also in the form of loans that have to be paid back.
OPIC has been operating in the majority of the countries of the world since 1971.

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.

There is no change from what Bush had for the Global Technology and Innovative Fund of the OPIC. Same amount of money, open to the same countries. The White House does this every year since 1971.


Every country/industry whether Muslim or not, has to go through the same application process as every other country/industry. No special treatment.


All spelled out on http://www.opic.gov/


Really, nothing to see here folks. Business as usual.

[Shearwater]

The 'E' In OPEC wasn't a typo; I was referring to the Organization of Petroleum Exporting Countries (Algeria, Angola, Libya, Nigeria, Iraq, Iran, Qatar, Kuwait, Saudi Arabia, UAE, Ecuador and Venezuela) So no US tax money spent here.

[Skybird]

Originally Posted by Shearwater

What about the Arab League? What about the OPEC states? China? They are already getting enough money from the West that buys their oil.

China still gets official developement aid from Germany that even is labelled that in the bilance. Meanwhile the Chinese economy in parts is already strangling us, and sets up more and mor epressure. Thanks to help from machines made in Germany.

And Israel recently demanded from Germany (oh how allergic I am to that tone and style) to be delivered two German stealth corvettes. The fascinating Israeli idea is that although it should be a regular "trade", the Germans should pay themselves for the corvettes, and Israel should pay NOTHING (in the past they payed at least some part of the costs for boats and submarines they "bought" in Germany). German federal leaders already said Germany should do that, for it helps to support German jobs in the suffering German shipyards.

It seems that logic can suffer cancer, too. If you are unemployed, get your own contractor, do your job and pay yourself. That way you are no longer unemployed and even have an income!

Ein dreifaches Hip-Hip-Hurra auf unsere die Welt rettenden GUTMENSCHEN!