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Billions Over Baghdad: How Did $9B in Cash Airlifted From the Fed to Iraq Go Missing?

The_Real_ElRoi

The_Real_ElRoi

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One month after the invasion of Iraq, the United States began airlifting plane loads of cash to Baghdad. Between April 2003 and June 2004, a total of $12 billion dollars of US currency was shipped to Iraq where it was to be dispensed by the Coalition Provisional Authority for reconstruction. To date, at least $9 billion dollars cannot be accounted for. In a startling new expose in Vanity Fair, Pulitzer Prize winning investigative journalists Donald Barlett and James Steele follow the money trail from the Federal Reserve to Iraq.

http://www.democracynow.org/article.pl?sid=07/09/12/1410243
 
Re: Billions Over Baghdad: How Did $9B in Cash Airlifted From the Fed to Iraq Go Miss

The_Real_ElRoi said:
One month after the invasion of Iraq, the United States began airlifting plane loads of cash to Baghdad. Between April 2003 and June 2004, a total of $12 billion dollars of US currency was shipped to Iraq where it was to be dispensed by the Coalition Provisional Authority for reconstruction. To date, at least $9 billion dollars cannot be accounted for. In a startling new expose in Vanity Fair, Pulitzer Prize winning investigative journalists Donald Barlett and James Steele follow the money trail from the Federal Reserve to Iraq.

http://www.democracynow.org/article.pl?sid=07/09/12/1410243
Click to expand...

I would be surprised if the fraud and waste is not wide and deep. Throw tnes of billions of dollars around over there, add a bunch of corrupt Iraqis and greedy US corporations -- and its party time!

And the best part is, Bush has a charge card so we don't have to pay for it!
 
Re: Billions Over Baghdad: How Did $9B in Cash Airlifted From the Fed to Iraq Go Miss

The fraud and waste continues till today. Bush cronies have and are still lining their pockets with money borrowed from the Chinese that every American will be paying back for decades to come.
 
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