Iraq’s Missing Billions

[kerrygoddess]

Iraq’s Missing Billions
September 20th, 2005

What has happened to Iraq’s missing $1billion? Could this be one of the problems Senator Kerry has pointed out when it comes to corruption and incompetence concerning the Bush Administration and the war in Iraq?

What has happened to Iraq’s missing $1bn?
By Patrick Cockburn in Baghdad - Published: 19 September 2005

One billion dollars has been plundered from Iraq’s defence ministry in one of the largest thefts in history, The Independent can reveal, leaving the country’s army to fight a savage insurgency with museum-piece weapons.

The money, intended to train and equip an Iraqi army capable of bringing security to a country shattered by the US-led invasion and prolonged rebellion, was instead siphoned abroad in cash and has disappeared.

MORE & LINKS - http://blog.thedemocraticdaily.com/?p=613

[Deep13]

1. Try looking under Cheney's matress.

[jeff30997]

3. Hehehe.

I'm sure the bastard have a huge mattress.

[Nothing Without Hope]

4. Nah, Cheney doesn't sleep, he just sort of oozes under a rock at night

Recommended.

[jeff30997]

7. In fact he sleeps in a coffin and is scared of garlic.

[Deep13]

9. He sleeps in the rejeuvenation chamber on the Death Star.

[zann725]

10. Or his or Junior's Swiss bank accounts...

(Do they still use BCCI for their banking needs?)

[shraby]

2. It probably joined the other 9 billion that's missing.

[indepat]

5. Just the tip of a vast iceberg: if an accounting is ever made, $100+B

will have been siphoned off in some manner IMHO.

[Nothing Without Hope]

6. They're preparing to loot the Katrina funds too - READ & MEDIA BLAST THIS:

http://www.pogo.org/p/contracts/ca-050903-katrinacontracts.html
Discussed in this DU thread:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=104x4822971
thread title: Bush Corruption-The Orwellian Katrina "Disaster Profiteering Act" H.R.3766

[Dark]

8. Uh, Isn't it 9 billion we're missing in Iraq? Or did Bush lose another

billion?

[Nothing Without Hope]

11. kick n/t