Friday, September 14, 2007

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.
To me, this should be the expose of the year - the article's long but worth reading word for word.  If there's any corroborating evidence for this article, the entire Thomas Howell section was jaw-dropping, as was the clarity of Bremer's guilt and numerous other high positions within the Bush Administration.  There couldn't have been a better concluding sentence to this article, and it's par for the course for the approach used all the time by the President himself (strength through secrecy). 
The whole thing makes me think about this all over again:
And yet it all continues...

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