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Iraq has "$30 billion in U.S. banks right now"

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goddess40 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-09-08 09:56 AM
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Iraq has "$30 billion in U.S. banks right now"
http://politicalticker.blogs.cnn.com/2008/04/08/blitzer-iraqis-playing-us-taxpayers-for-suckers/

Blitzer: Iraqis playing U.S. taxpayers for 'suckers'?

WASHINGTON (CNN) — Just before and immediately after the U.S. launched its invasion of Iraq, Bush administration officials optimistically predicted that Iraqi oil exports would soon finance the reconstruction of the country. That didn’t happen. U.S. taxpayers were stuck with the literally tens of billions of dollars in bills.

Now, five years later and with the price of oil reaching more than $100 a barrel, Iraqi oil exports are generating huge sums — $56.4 billion this year alone, according to the Government Accountability Office. Senator Carl Levin, the Chairman of the Armed Services Committee, says Iraq now has tens of billions of dollars in surplus funds in their banks and in other accounts around the world, including about $30 billion in U.S. banks right now.

What is this crap, where is Blitzer getting this from?
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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-09-08 10:00 AM
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1. and no one in the government will touch it, until they secure future oil rights
for Exxon and their other corporate buddies.
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goddess40 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-09-08 04:39 PM
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2. Sam Seder says it's more like $100 billion
What gives?
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