Barry the Great pledges tens of MILLIONS of dollars for Muslim nations.
Sunday, October 25, 2009 5:26 AM
(It wouldn't be so bad if Chairman MaObama wasn't already spending BILLIONS in Iraq and Afghanistan)
The White House Friday highlighted a new multi-million-dollar technology fund for Muslim nations, following a pledge made by President Barack Obama in his landmark speech to the Islamic world.
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.
The Global Technology and Innovation Fund will "catalyze and facilitate private sector investments" the White House said in a statement.
Eligible projects would advance economic opportunity and create jobs.
(We could use a few jobs at home Barry)
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