Billions Over Baghdad - $9 Billion Unaccounted For


	Billions Over Baghdad - $9 Billion Unaccounted For

BartendingBear

9-14-2007 12:10 PM

449 views

tags:

iraq war, funding

BartendingBear says:

IMPEACH!!!

1 Comment |

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9-14-2007 12:18 PM

BobbyRutan

The worst enemy of the Bush Administration and the Pentagon?

The accountants at the Government Accountability Office

(which actually does care about accounting but can only issue reports).

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/1a68e415-37ef-40db-909c-129f48cf8df9/9B81CBAD-49DD-4A3D-8B4A-A7FF226798E2/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.vanityfair.com//politics/features/2007/10/iraq_billions200710?printable=true&currentPage=all" href="http://www.vanityfair.com//politics/features/2007/10/iraq_billions200710?printable=true&currentPage=all" style="font-size: 11px;">www.vanityfair.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vanityfair.com//politics/features/2007/10/iraq_billions200710?printable=true&currentPage=all"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.vanityfair.com/img/6E0AECDB-16E5-42E6-A382-397D527466E7" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vanityfair.com//politics/features/2007/10/iraq_billions200710?printable=true&currentPage=all"><H2 id="articleintro">Between April 2003 and June 2004, $12 billion in U.S. currency—much of it belonging to the Iraqi people—was shipped from the Federal Reserve to Baghdad, where it was dispensed by the Coalition Provisional Authority. Some of the cash went to pay for projects and keep ministries afloat, but, incredibly, at least $9 billion has gone missing, unaccounted for, in a frenzy of mismanagement and greed. Following a trail that leads from a safe in one of Saddam's palaces to a house near San Diego, to a P.O. box in the Bahamas, the authors discover just how little anyone cared about how the money was handled.
</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vanityfair.com//politics/features/2007/10/iraq_billions200710?printable=true&currentPage=all"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.vanityfair.com/img/84F98BBF-3CAB-4F66-9B4A-650A061269C5" alt="Illustration by John Blackford. By Peter van Agtmael/Polaris (desert), Konstantin Inozemtsev/Alamy (money)." /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vanityfair.com//politics/features/2007/10/iraq_billions200710?printable=true&currentPage=all">"In our fifth year in the war in Iraq," according to Alan Grayson, the attorney for whistle-blowers, "the Bush administration has not litigated a single case against any war profiteer under the False Claims Act."</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vanityfair.com//politics/features/2007/10/iraq_billions200710?printable=true&currentPage=all">The U.S. government never did care about accounting for those Iraqi billions and it doesn't care now. It cares only about ensuring that an accounting does not occur.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9B81CBAD-49DD-4A3D-8B4A-A7FF226798E2/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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