"How the US sent $12 billion in cash to Iraq. And watched it vanish."

"How the US sent $12 billion in cash to Iraq. And watched it vanish." (Full Version)

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Vendaval -> "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/17/2007 6:30:15 PM)
"How the US sent $12bn in cash to Iraq. And watched it vanish" Special flights brought in tonnes of banknotes which disappeared into the war zone David Pallister Thursday February 8, 2007 Guardian "The US flew nearly $12bn in shrink-wrapped $100 bills into Iraq, then distributed the cash with no proper control over who was receiving it and how it was being spent. The staggering scale of the biggest transfer of cash in the history of the Federal Reserve has been graphically laid bare by a US congressional committee. In the year after the invasion of Iraq in 2003 nearly 281 million notes, weighing 363 tonnes, were sent from New York to Baghdad for disbursement to Iraqi ministries and US contractors. Using C-130 planes, the deliveries took place once or twice a month with the biggest of $2,401,600,000 on June 22 2004, six days before the handover." http://www.guardian.co.uk/print/0,,329709143-103550,00.html

MzMia -> RE: "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/17/2007 8:33:55 PM)
quote: ORIGINAL: Vendaval "How the US sent $12bn in cash to Iraq. And watched it vanish" Special flights brought in tonnes of banknotes which disappeared into the war zone David Pallister Thursday February 8, 2007 Guardian "The US flew nearly $12bn in shrink-wrapped $100 bills into Iraq, then distributed the cash with no proper control over who was receiving it and how it was being spent. The staggering scale of the biggest transfer of cash in the history of the Federal Reserve has been graphically laid bare by a US congressional committee. In the year after the invasion of Iraq in 2003 nearly 281 million notes, weighing 363 tonnes, were sent from New York to Baghdad for disbursement to Iraqi ministries and US contractors. Using C-130 planes, the deliveries took place once or twice a month with the biggest of $2,401,600,000 on June 22 2004, six days before the handover." http://www.guardian.co.uk/print/0,,329709143-103550,00.html I have said for years if you want or need money from our government, go to Iraq. That is where most of it has been going for years. Has anyone found the missing 22 billion yet?

NorthernGent -> RE: "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/17/2007 8:41:52 PM)
MzMia, you missed a key point. It ain't your money. It's Iraqi money. It is there in the link provided.

MzMia -> RE: "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/17/2007 8:44:08 PM)
Excuse me Gent, I pay federal taxes, state taxes, medicaid taxes, sales taxes, income taxes, real estate taxes and every other fucking tax there is. That is my tax money that is being sent to Iraq, so I do have some say in this. I am a U.S. citizen. Thank you

NeedToUseYou -> RE: "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/17/2007 8:50:14 PM)
quote: ORIGINAL: MzMia Excuse me Gent, I pay federal taxes, state taxes, medicaid taxes, sales taxes, income taxes, real estate taxes and every other fucking tax there is. That is my tax money that is being sent to Iraq, so I do have some say in this. I am a U.S. citizen. Thank you The article said the money came from funds gathered in the oil for food program and regular sells of oil. So, it is their money, not ours. Though, It would have been nice to keep it.

MzMia -> RE: "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/17/2007 8:54:33 PM)
quote: ORIGINAL: NeedToUseYou quote: ORIGINAL: MzMia Excuse me Gent, I pay federal taxes, state taxes, medicaid taxes, sales taxes, income taxes, real estate taxes and every other fucking tax there is. That is my tax money that is being sent to Iraq, so I do have some say in this. I am a U.S. citizen. Thank you The article said the money came from funds gathered in the oil for food program and regular sells of oil. So, it is their money, not ours. Though, It would have been nice to keep it. Personally I don't care where that little bit of money came from, how much is the US spending weekly on the war in Iraq? How much has been spent so far?

PoisonRoses -> RE: "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/18/2007 11:29:42 AM)
you are exactly right MzMia.. how many american tax dollars is this war costing the american people per minute? Not to mention lives. We were told it would be payed for by Iraqi funds. Wrong. But even if it was funds that came from the oil for food program or from having sold oil, who is responsible for it? If I were taking care of your money and 3/4th's of it vanished, who would be liable?

UtopianRanger -> RE: "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/18/2007 3:31:30 PM)
quote: ORIGINAL: MzMia quote: ORIGINAL: NeedToUseYou quote: ORIGINAL: MzMia Excuse me Gent, I pay federal taxes, state taxes, medicaid taxes, sales taxes, income taxes, real estate taxes and every other fucking tax there is. That is my tax money that is being sent to Iraq, so I do have some say in this. I am a U.S. citizen. Thank you The article said the money came from funds gathered in the oil for food program and regular sells of oil. So, it is their money, not ours. Though, It would have been nice to keep it. Personally I don't care where that little bit of money came from, how much is the US spending weekly on the war in Iraq? How much has been spent so far? I believe in the next five to seven years when this is all over, we will see books and insiders coming out of the woodwork that will tell us Iraq, Afghanistan and the ''War on Terror '' is /was the biggest mass looting of a people and it's resources in the history of the world. Ivan Bosky, Charles Keating, ABSCAM, the savings and loan bail-outs, the junk bond fiasco..... all of looting they represent COMBINED will pale in comparison to current fraudulent activity. - R

MasterKalif -> RE: "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/18/2007 3:41:02 PM)
quote: ORIGINAL: MzMia Excuse me Gent, I pay federal taxes, state taxes, medicaid taxes, sales taxes, income taxes, real estate taxes and every other fucking tax there is. That is my tax money that is being sent to Iraq, so I do have some say in this. I am a U.S. citizen. Thank you So now you are trying to convince us that a U.S. citizenship is reason enough to keep other country's money or are you suggesting the Iraqi people wanted the US to bomb them into submission and occupy them and as such should pay for such "service"? [&:]

Vendaval -> RE: "How the US sent $12 billion in cash to Iraq. And watched it vanish." (2/19/2007 1:53:49 AM)
I fear you are right, Utopian Ranger. The sheer stupidity of this kind of financial mismanagement leaves me stunned. If all that money has vanished, how will the Iraqi people re-build their economy? How can they re-build their country's infrastructure? [&:] quote: ORIGINAL: UtopianRanger I believe in the next five to seven years when this is all over, we will see books and insiders coming out of the woodwork that will tell us Iraq, Afghanistan and the ''War on Terror '' is /was the biggest mass looting of a people and it's resources in the history of the world. Ivan Bosky, Charles Keating, ABSCAM, the savings and loan bail-outs, the junk bond fiasco..... all of looting they represent COMBINED will pale in comparison to current fraudulent activity. - R

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