Muslim Mortgages
Paid with More than $300 Million – Courtesy of US
Taxpayers
Posted By Suzanne Hamner on Jan 5, 2014
The last information
I had, there are 4.6 million homeless Americans and more children now than ever
are homeless and living in poverty. The government is not blind to this fact.
More than likely, they contributed to these numbers. Military retirees were told
to “embrace the suck” when
their retirement was cut in the budget deal. Nancy Pelosi claimed so many cuts
had been made that the “cupboard is bare.” This signals there is no more
frivolous money that can be cut. Well that was proven less than accurate. So,where did the more than $300 million
dollars in taxpayer money come from to send to Muslims to help pay their
mortgages?
American Overlook reports:
American Overlook reports:
According to the
Government Accountability Office, Obama’s administration will be handing over
more than $300 million tax dollars to Muslims to help pay their mortgages. $110
million of this money will be used as loans for businesses located in the West
Bank.
The name of the group in charge of this is called the Overseas Private Investment Corporation. According to their website, “”OPIC provides financial products, such as loans and guarantees; political risk insurance; and support for investment funds, all of which help American businesses expand into emerging markets.”
The OPIC is partnering with a group created by the Palestinian Authority president. The GAO notes, ” PIF [Palestinian Investment Fund] is governed by a board of directors and a general assembly appointed by the Palestinian Authority President, and manages investments throughout a number of sectors…”
They claim this will help emerging U.S business in the Middle East. Though, some argue this money will be going to terrorist linked groups and businesses.The OPIC claims all groups who will manage the money have been vetted to make sure the money isn’t going to the wrong people.
Since the House of
Representatives controls the purse, one wonders where this was allocated in the
budget. Oh, that’s right; we have not had a budget since Obama usurped the White
House (until recently with the “girlie man” budget
deal). On the GAO’s website, it is indicated that as of
April 2013, no money has been disbursed.
What is of interest is this tidbit:
What is of interest is this tidbit:
USAID officials
stated that, in 2009, USAID provided a U.S. implementing partner $2.1 million
for technical assistance and training to enhance the lending practices of
participating banks in support of the LGF [Loan Guarantee
Facility]. Finally, according to USAID, it provided about $1.3 million from
2010 to 2013 to three U.S. implementing partners to provide technical, in-kind,
and scholarship assistance to the American International School in Gaza (AISG),
which is owned by the Palestine Technology and Education Complex, a PIF-owned
entity. According to USAID, its involvement with AISG ended in June
2013.
Remember, there is
no country or sovereign nation named “Palestine.” So, who is accountable for
making sure the money is spent for the reason it was given? In the case of the
loan, who is accountable for payment?
The West Bank is divided into 3 sections with civil authority given to the Palestinian authority in 2 of them; Israel civil administrations control the other. If this money was being given to the section controlled by Israel, it would make sense the GAO would indicate specifically this is Israel. The West Bank includes East Jerusalem with a population consisting of approximately 2.1 Palestinian Arabs and half a million Jewish Israelis. Population breaks down to 75 percent being Muslim, 17 percent being Jewish and 8 percent being Christian or other. Given this administration’s lean toward supporting Islam, one can assuredly assume that the majority of this money will go to the largest percent of the population especially when the partner in distribution is called the “Palestinian Investment Fund.”
The West Bank is known for its contentious conflicts between Israel and the Palestinians in a debate over who actually controls the area. >From the looks of it, Obama is informally supporting occupation by the Palestinians. The United Nations have even given the Palestinian Authority non-member observer state status with the permission to title its representative “The Permanent Observer Mission of the State of Palestine to the United Nations.”
Connections to terrorism in the Palestinian Authority controlled areas of the West Bank have included the PLO, Hamas, Palestinian Islamic Jihad, Popular Front for the Liberation of Palestine and other groups.
With the numerous terrorist organizations operating in the West Bank, can Americans be sure that money doled out by our government to the Palestinian Authority is being kept out of terrorists hands?
An even better question to ask this administration and Congress is why this amount of money is going to a foreign authority while our military veterans’ retirement benefits are cut and 46 million Americans, including children, are homeless.
The West Bank is divided into 3 sections with civil authority given to the Palestinian authority in 2 of them; Israel civil administrations control the other. If this money was being given to the section controlled by Israel, it would make sense the GAO would indicate specifically this is Israel. The West Bank includes East Jerusalem with a population consisting of approximately 2.1 Palestinian Arabs and half a million Jewish Israelis. Population breaks down to 75 percent being Muslim, 17 percent being Jewish and 8 percent being Christian or other. Given this administration’s lean toward supporting Islam, one can assuredly assume that the majority of this money will go to the largest percent of the population especially when the partner in distribution is called the “Palestinian Investment Fund.”
The West Bank is known for its contentious conflicts between Israel and the Palestinians in a debate over who actually controls the area. >From the looks of it, Obama is informally supporting occupation by the Palestinians. The United Nations have even given the Palestinian Authority non-member observer state status with the permission to title its representative “The Permanent Observer Mission of the State of Palestine to the United Nations.”
Connections to terrorism in the Palestinian Authority controlled areas of the West Bank have included the PLO, Hamas, Palestinian Islamic Jihad, Popular Front for the Liberation of Palestine and other groups.
With the numerous terrorist organizations operating in the West Bank, can Americans be sure that money doled out by our government to the Palestinian Authority is being kept out of terrorists hands?
An even better question to ask this administration and Congress is why this amount of money is going to a foreign authority while our military veterans’ retirement benefits are cut and 46 million Americans, including children, are homeless.
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