ZeroHedge.com back on Jan. 12 carried a fascinating article on In-Q-Tel, an influential venture fund started in 1999 that sits on many Wall Street boards. It was instrumental in starting Google and Facebook.
It’s funded by the CIA.
Was the tax appropriation for this commercial subsidy and market involvement — wonder how MySpace and AltaVista feel — spelled out by Congress?
Doubt it. Did you know that our government has apparently spent $21 trillion off the books since 1998?
For what it’s worth, that’s about what our national debt is for which we are paying $365 billion in interest, expected to increase to $447 billion next year.
We’re just reporting this to make you feel warm and comfortable that you have a Big Brother looking out for you.
The Q in In-Q-Tel is an intentional reference to Q, the fictional inventor who supplies technology to James Bond.