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Old 09-07-2007, 02:24 PM   #1
michaelr
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Default Billions over Baghdad

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.

This is a big article, but worth your time. It is also an example of how so so many things have gone wrong with this mess.
...Article here..

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Old 09-07-2007, 03:53 PM   #2
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Default Re: Billions over Baghdad

I thought this would get some feed back.

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Old 09-07-2007, 03:55 PM   #3
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Default Re: Billions over Baghdad

Our government waste our money, but many American's are too lazy to get involved with what the government is doing so they will just keep doing what they are doing, Fleecing America.

"If you always do what You've always done, You'll always get what you always got!"

"If you ain't mad, you ain't paying attention."

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"Never argue with a Moron, they will only drag you down to thier level and then beat you with experience"

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Old 09-07-2007, 09:24 PM   #4
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Default Re: Billions over Baghdad

Quote:
Originally Posted by Ronster View Post
Our government waste our money, but many American's are too lazy to get involved with what the government is doing so they will just keep doing what they are doing, Fleecing America.
Well they had better get off their ass and do something about it. This war is costing enough without this type of in your face theft.

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Old 09-07-2007, 10:09 PM   #5
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Default Re: Billions over Baghdad

Hey Ronster what are you doing about it besides crying about illegal aliens. Still got me on ignore?
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Old 09-08-2007, 01:42 AM   #6
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Default Re: Billions over Baghdad

Credits cannot just disappear. When a country is at war, and a war that is discussed 24/7, the last thing you expect is for billions going missing. These are rumours floated for the sake of it.

What you are, you are by accident of birth; what I am, I am by myself. There are and will be a thousand princes; there is only one Beethoven. - Ludwig van Beethoven
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Old 09-08-2007, 02:46 PM   #7
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Default Re: Billions over Baghdad

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Originally Posted by Desidude666 View Post
Credits cannot just disappear. When a country is at war, and a war that is discussed 24/7, the last thing you expect is for billions going missing. These are rumours floated for the sake of it.
I don't understand why these are just rumors. There are plenty of articles about missing money. There is virtually no oversight with this war and the funds. Hell billions have been known to simply disappear.

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Old 09-08-2007, 03:03 PM   #8
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Default Re: Billions over Baghdad

Quote:
Originally Posted by michaelr View Post
Well they had better get off their ass and do something about it. This war is costing enough without this type of in your face theft.
Remember, this invasion (it's not a war) was brought to you by the same idiot that said Kerry's plan for national health care would bankrupt the country! Now, this so called great country is in more debt than when his dad left office, and we still have millions and millions of americans, adults and children, without healthcare, and a bill we may never pay off!





The Political situation in America = The light at the end of the tunnel has just gone out.
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Old 09-08-2007, 05:13 PM   #9
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Default Re: Billions over Baghdad

Quote:
Originally Posted by TurnBackTheClock View Post
Remember, this invasion (it's not a war) was brought to you by the same idiot that said Kerry's plan for national health care would bankrupt the country! Now, this so called great country is in more debt than when his dad left office, and we still have millions and millions of americans, adults and children, without healthcare, and a bill we may never pay off!
I have a new thread on the economy, I would appreciate your comments on it...It is here...

Thanks.

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Old 09-08-2007, 11:45 PM   #10
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Default Re: Billions over Baghdad

Quote:
Originally Posted by michaelr View Post
I don't understand why these are just rumors. There are plenty of articles about missing money. There is virtually no oversight with this war and the funds. Hell billions have been known to simply disappear.
Sources mate. Not credible sources mentioned. Besides, civil service is about documentation, billions cannot just go missing undocumented, they may have to write it off or something, the least.

What you are, you are by accident of birth; what I am, I am by myself. There are and will be a thousand princes; there is only one Beethoven. - Ludwig van Beethoven
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