The government is not blind to the fact that there are 46 million Americans who are unemployed, with a small percentage of those being homeless and living in poverty. Among those are roughly 1.2 million children, who attend public schools that are homeless.
More than likely, they have contributed to the increased numbers of the homeless in the United States. 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:
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.
Read more: freedomoutpost.com