CBS: Corrupt arms deals cost Iraq $800M

just like Brownie.

JOB # 2 on the Taxpayers

that cost us! That was US taxpayer $$. Our $$. My fucking $$!!

Wonder how much Chalabi has stashed away? He got $20mil from Jordan and there he only ran a bank - we let him be Minister of Oil.

Fraudulent No-Bid American Contractors. Try to catch a viewing of "Iraq For Sale".
http://iraqforsale.org/

pretty soon you're talking big money . . . :sarcasm:

Bush is the cause, this is the effect; Either Bush is in on the scam, or he is an idiot?

:hi:

Welcome to DU!! :toast:

I sense... something. Not sure what. Feels like there's a connection there, but I'm not quite sure.

Oh, well, I'll let is rattle around in my skull for a few days and let my subconsious nibble on it. As soon as it gets done figuring out where I've seen the woman who played Velma in the live-action Scooby-Doo movies looks familiar, this quandry is next. Promise!

:sarcasm:

since there's a warrant out for him. Cattan said, "No. Nobody arrest me. They would kill me."

Maybe she'll include it with the investigation to find the $9 billion in cash that was 'lost' by the Bush-appointed Coalition Provisional Authority.

http://www.benfrank.net/nuke/modules.php?name=News&file=article&sid=296

We have a winner. I kept screaming at the TV "$800 million? What about the 8.8 billion?"

We'll send them to some of those overseas prisons they like to use.

Cause it sure didn't come from Saddam.

You been reading about that 98000 acres of land Bu$h bought, I can tell.
:toast:

The 15-month proconsulship of the CPA disbursed nearly $20 billion, two-thirds of it in cash. Most of the money was flown into Iraq on C-130s in huge plastic shrink-wrapped pallets holding 40 “cashpaks,” each cashpak having $1.6 million in $100 bills. Twelve billion dollars moved that way between May 2003 and June 2004, drawn from accounts administered by the New York Federal Reserve Bank. The $100 bills weighed an estimated 363 tons.

Money disappeared in truckloads and by helicopter. The CPA reportedly distributed funds to contractors in bags off the back of a truck. In one notorious incident in April 2004, $1.5 billion in cash that had just been delivered by three Blackhawk helicopters was handed over to a courier in Erbil, in the Kurdish region, never to be seen again. Afterwards, no one was able to recall the courier’s name or provide a good description of him.
Paul Bremer, meanwhile, had a slush fund in cash of more than $600 million in his office for which there was no paperwork. One U.S. contractor received $2 million in a duffel bag. Three-quarters of a million dollars was stolen from an office safe, and a U.S. official was given $7 million in cash in the waning days of the CPA and told to spend it “before the Iraqis take over.”

http://www.amconmag.com/2005/2005_10_24/cover.html

Your tax dollars at work.
Health insurance for American children? We can't afford that!

The fact that this kind of cabal could seize control of the government and literally piss away $800 million dollars of public money on this kind of fraud.

$800 million dollars. Stolen. And to these big oil executive types that run the government this kind of waste doesn't trouble them in the least. Someone like George W. Bush literally has no concept of scarcity of anything. The implciations of scarcity are a burden for lower classes like you and I to bear.

Imagine what that $800 million could be spent on to help people. I'm not a Libertarian because I believe that the government should help people, but if the public till is this vulnerable to this level fraud and those kinds of programs to help people just keep getting cut and cut and cut, why the fuck should I continue to support federal taxes?

Not advocating that position, but goddamn, this sure makes a person think about it.

Aug. 20, 2004 news release....A soon-to-be-released audit will show that at least $8.8 billion in Iraqi money that was given to Iraqi ministries by the former U.S.-led authority there cannot be accounted for.

but I guess the medal presentation by Dubyha says it all........ "here's your reward for being just as incompetent as me."


:kick:

:grr:

Juan Cole:

CBS news is reporting that corrupt arms deals cost Iraq $800 million. Nearly a billion dollars worth of embezzlement is a lot of fraud. Hat tip to The Democratic Underground.

http://www.juancole.com/2006/10/guerrillas-kill-5-gis-bombings-attacks.html

that the Iraqis have learned war profiteering so well from Dick and DUHbya.

Next lesson: cashing in on your fiends in the oil industry!

Newsprism

:sarcasm:

found in one of Saddam's palaces

full accounting by checking the serial numbers; tracing its origins, etc.

OK, so this article says it was airlifted to Kuwait for 'safekeeping'. Could someone check?

http://www.voanews.com/burmese/archive/2003-04/a-2003-04-20-1-1.cfm

just footnoting the $2.3 trillion Rumsfeld reported missing
on 9/10/2001

http://www.cbsnews.com/stories/2002/01/29/eveningnews/main325985.shtml


'hoodwink' meet 'we've been'

That's where those arms were channeled, I would suggest, by insurgents within the military command structure.