Be

$12 Billion Dollars Missing in Iraq

OH!! What a surprise.


$12 Billion Dollars Missing in Iraq
February 7th, 2007

Forget the bogus contracts for war toys and crap. Just print the money and deliver it to the thieves in shrink wrapped bundles.

It sounds like a scene out of Miami Vice! But no, this was official U.S. policy. Of course, Bremmer says that the funds were used in the, “best interests of the Iraqi people.”

We can’t even catch our breath from one absurdity to the next.

The war is being used as an ongoing cover for what will eventually become known as the greatest heist in the history of the world.

Via: Bloomberg:

Representative Henry Waxman, kicking off hearings on government contracting, questioned former Ambassador L. Paul Bremer today on what happened to as much as $12 billion in unaccounted-for cash spent when he was in charge of rebuilding Iraq.

A report from Waxman’s House Oversight and Government Reform Committee said the money represented more than half of Bremer’s budget from May 2003 to June 2004. The report described contractors being told to bring big bags to collect shrink- wrapped bundles of money and one episode where a Bremer staff member was allegedly told to spend $6.75 million in a week.

“We have no way of knowing if the cash that was shipped into the green zone ended up in enemy hands,” Waxman, a California Democrat, said at today’s hearing. “We owe it to the American people to do everything we can to find out where the $12 billion went.”

Labels: $ 12 Billion dollars missing in Iraq

posted by ... @ 4:27 PM