The CIA is in the business of funding a Hedge Fund as is depicted in the following article. But did you know they are investing your tax dollars overseas now? That bodes well for the American employment base... Help grow overseas companies so that their economy can add jobs and profit off the American taxpayer!
*With the CIA being an ultra-secret orginization, do you really believe this is the first overseas investment they are making, or is this just the first one they are telling us about?
*Where in the constitution does it allow the government spy agency to take the tax dollars paid by the citizens of the USA and gamble it in investments...overseas investments to boot?
*Who audits the investment fund that the CIA is running?
*Who makes the decesion on where the American taxpayers money is invested?
*Have they made or lost money on their investments?
*Are there outside investors in the fund? If so, who are they? Can anyone invest in this fund, or do you have to be connected to those in power to share in the profits?
*Is there political connections or favors being done in return for the CIA investments in these companies?
*Would the money be better invested in American companies to allow them to grow and add more jobs for Americans since it is the American publics money to begin with?
*Does the CIA spy on competetors of the businesses it invests in to insure positive returns on it's investments?
CIA squirrels cash into British radio software
Matthew Goodman
AN investment fund launched by the CIA, the US intelligence service, has made its first investment outside North America, with a stake in a British software firm.
In-Q-Tel, a fund which specialises in investing in technologies that can be adopted by the security and intelligence communities, has taken part in a £2.25m fundraising by Etherstack, a developer of software used in two-way radios employed by the military and the police.
The deal values the business at £20m.
Founded five years ago by David Deacon, an Australian, Etherstack is expected to generate sales this year of between $6m (£2.9m) and $7m.
Although it is based in London, the company is doing an increasing amount of business in the US, and the fresh funding is designed to help boost its presence on the other side of the Atlantic. Existing clients include Lockheed Martin, Ray-theon and Cisco.
Etherstack plans to list on AIM within two years, and is likely to appoint advisers to work on a float in 2008.
In-Q-Tel was set up in 1999 at the behest of the CIA. Although it is not owned by the agency and is independently run, the fund invests in technologies exclusively for the CIA and the American intelligence community. The aim is for it to buy into businesses that can assist the agency in its work.
So far, In-Q-Tel has invested in more than 100 different companies. It is a not-for-profit organisation and says its success is gauged by how well its investments are adopted by the intelligence services.
Other companies in which In-Q-Tel has bought stakes include Keyhole, which creates 3-D mapping software. That business was subsequently acquired by Google, the search-engine giant.
http://business.timesonline.co.uk/tol/busine| Member Comments | Total Comments: 4 |
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Hawkeye
Sep 30, 2007 | 7:10 AM |
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Hawkeye
Sep 30, 2007 | 7:11 AM |
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Laid_Back_Farmer
Sep 30, 2007 | 8:27 AM |
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Hawkeye
Sep 30, 2007 | 8:37 AM |
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Ex-Tampa resident that decided to escape to the Laid Back Farm in an Amish Paradise, off the beaten path and away from the tourist in North Western, Pennsylvania.
Member Since: 6/26/2007
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