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"How the US sent $12 billion in cash to Iraq. And... - 2/17/2007 6:30:15 PM   
Vendaval


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"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


_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
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RE: "How the US sent $12 billion in cash to Iraq. ... - 2/17/2007 8:33:55 PM   
MzMia


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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?


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(in reply to Vendaval)
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RE: "How the US sent $12 billion in cash to Iraq. ... - 2/17/2007 8:41:52 PM   
NorthernGent


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MzMia, you missed a key point. It ain't your money. It's Iraqi money. It is there in the link provided.

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RE: "How the US sent $12 billion in cash to Iraq. ... - 2/17/2007 8:44:08 PM   
MzMia


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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

_____________________________

Namaste'
To Each His/Her Own
"DENIAL ain't just a river in Egypt." Mark Twain


What's your favorite fetish?
"My partner's whisper"--bloomswell

(in reply to NorthernGent)
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RE: "How the US sent $12 billion in cash to Iraq. ... - 2/17/2007 8:50:14 PM   
NeedToUseYou


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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.

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RE: "How the US sent $12 billion in cash to Iraq. ... - 2/17/2007 8:54:33 PM   
MzMia


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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?

_____________________________

Namaste'
To Each His/Her Own
"DENIAL ain't just a river in Egypt." Mark Twain


What's your favorite fetish?
"My partner's whisper"--bloomswell

(in reply to NeedToUseYou)
Profile   Post #: 6
RE: "How the US sent $12 billion in cash to Iraq. ... - 2/18/2007 11:29:42 AM   
PoisonRoses


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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?

< Message edited by PoisonRoses -- 2/18/2007 11:32:06 AM >

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RE: "How the US sent $12 billion in cash to Iraq. ... - 2/18/2007 3:31:30 PM   
UtopianRanger


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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


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(in reply to MzMia)
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RE: "How the US sent $12 billion in cash to Iraq. ... - 2/18/2007 3:41:02 PM   
MasterKalif


Posts: 648
Joined: 5/24/2004
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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"?

(in reply to MzMia)
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RE: "How the US sent $12 billion in cash to Iraq. ... - 2/19/2007 1:53:49 AM   
Vendaval


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Joined: 1/15/2005
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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



_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE


http://KinkMeet.co.uk

(in reply to UtopianRanger)
Profile   Post #: 10
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