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Obama spending money ... to spend more money
WND ^ | Feb. 2, 2014 | Steve Peacock

Posted on 02/01/2014 6:05:14 PM PST by Steve Peacock

Move fuels USAID's already exponential growth in Kenya aid

Now that an $87 million African trade-promotion project is reaching the end of its five-year run, the Obama administration might spend millions more to decide whether it wisely invested U.S. taxpayer dollars in the venture.

If the Competitiveness and Trade Expansion, or COMPETE Trade Hub project, is deemed to have been effective, a follow-up program could receive more cash from the Treasury.

In this latest facet of a five-year U.S. Agency for International Development experiment in and around Kenya, the federal government will obtain contractor-conducted project evaluation services before committing additional funding.

(Excerpt) Read more at wnd.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: africa; kenya; obama; usaid

1 posted on 02/01/2014 6:05:15 PM PST by Steve Peacock
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To: Steve Peacock

..the man said he wanted to fundamentally change the US. No one asked how.....
Bin Laden said the US would go broke, Odungo is just helping.


2 posted on 02/01/2014 6:12:56 PM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Steve Peacock
U.S. Agency for International Development

US AID doesn't spend the money, they send it to contractors to spend. They also contract auditors to make sure there are receipts for everything, etc. The problem is that many of the contractors are infested with Muslims and have been long before Hussein came along. Also the auditors usually work for the same shops and are paid extra to look the other way. Incompetent auditing (with a veneer of competence) is a highly lucrative skill amongst State Dept contractors.

3 posted on 02/01/2014 6:35:01 PM PST by palmer (Obama = Carter + affirmative action)
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To: palmer

While you are partly correct about the outcome of such spending, your assertion that USAID does not spend the money is a strange claim. It’s like saying a wholesaler runs the business of a small merchant to whom it sells goods.

USAID does indeed spend the money; the contractors are the beneficiaries.


4 posted on 02/03/2014 10:36:28 AM PST by Steve Peacock
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To: Steve Peacock

Different contractors. Some contractors spend the money directly in the target countries and domestic contractors oversee those contractors. I’m talking about the domestic contractors who are “spending the money” for USAID.


5 posted on 02/03/2014 11:46:45 AM PST by palmer (don't feed the bears)
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