"Where Has All The Money Gone?" (In Iraq) ..... LINK

[Blackhatjack]

This well sourced and documented article contains just astounding factual information about the waste and loss and corruption surrounding the billions poured into Iraq. So far, none of the questions asked have been adequately answered.

Of course this is a british based investigation.

http://www.lrb.co.uk/v27/n13/harr04_.html

Where has all the money gone?
Ed Harriman follows the auditors into Iraq

"The IAMB, meanwhile, discovered that Iraqi oil exports were unmetered. Neither the Iraqi State Oil Marketing Organisation nor the American authorities could give a satisfactory explanation for this. ‘The only reason you wouldn’t monitor them is if you don’t want anyone else to know how much is going through,’ one petroleum executive told me. Officially, Iraq exported oil worth $10 billion in the first year of the American occupation. Christian Aid has estimated that oil worth up to an additional $4 billion may also have been exported and is unaccounted for. If this is correct, it would have created an off the books slush fund that both the Americans and their Iraqi allies could use with impunity to cover expenditures they would rather keep secret – among them the occupation costs, which were rising far beyond what the Bush administration could comfortably admit to Congress and the international community."

<snip>

"The ‘financial irregularities’ described in audit reports carried out by agencies of the American government and auditors working for the international community collectively give a detailed insight into the mentality of the American occupation authorities and the way they operated, handing out truckloads of dollars for which neither they nor the recipients felt any need to be accountable. The auditors have so far referred more than a hundred contracts, involving billions of dollars paid to American personnel and corporations, for investigation and possible criminal prosecution. They have also discovered that $8.8 billion that passed through the new Iraqi government ministries in Baghdad while Bremer was in charge is unaccounted for, with little prospect of finding out where it went. A further $3.4 billion earmarked by Congress for Iraqi development has since been siphoned off to finance ‘security’."

[IndyOp]

1. ‘Financial Irregularities’ = FASCIST SCUM IN ACTION (n/t)

:grr: :mad: :nuke: :puke: :grr: :mad: :nuke: :puke: :grr: :mad: :nuke: :puke:
:grr: :mad: :nuke: :puke: :grr: :mad: :nuke: :puke: :grr: :mad: :nuke: :puke:
:grr: :mad: :nuke: :puke: :grr: :mad: :nuke: :puke: :grr: :mad: :nuke: :puke:

[pooja]

2. Did you see Iraq for Sale. It was amazing..

[Blackhatjack]

3. "Unmetered Oil" may be the biggest scandal when accounting is done...n/t

[salin]

4. sung to "where have all th flowers gone"

"Where has all the money gone,
Long time passing,
Where has all the money gone,
Long time ago,
Where as all the money gone -
Gone to no-bid contacts - everyone

When will they ever learn? When will they ever learn...

Where have all the no-bid contracts gone,
Long time passing,
Where have all the no-bid contracts gone,
Long time ago,
Where have all the no-bid contracts gone -
Gone to Halliburton and cronies - everyone

When will the ever learn? When will they ever learn...

Where has all the money gone,
Long time passing,
Where has all the money gone,
Long time ago,
Where has all the money gone -
To Cheney's pockets - everyone

When will they ever learn? When will they ever learn...