There has been numerous mention of the Bush administration losing several billions of dollars in Iraq but to date nothing has come of it. Now I realize that everybody misplaces stuff on occasion and as we grow older this gets to be a bigger problem. But we’re not talking about some ocotgens or something here. We’re talking about the U.S. military flying several aiplanes full of $100 bills all packaged up nice and tidy into Iraq and then flat losing them. How do you do that? A whole fucking plane load of money? Just fucking disappeared?
I think that’s worth a look and maybe some followup. If I lost $6 billion I’d probabaly be looking for it. LINK
Pentagon officials determined that one giant C-130 Hercules cargo plane could carry $2.4 billion in shrink-wrapped bricks of $100 bills. They sent an initial full planeload of cash, followed by 20 other flights to Iraq by May 2004 in a $12-billion haul that U.S. officials believe to be the biggest international cash airlift of all time.
Iraqi officials say it was the U.S. government’s job to keep track of the funds, which were brought in as an emergency measure to keep basic infrastructure going after Saddam Hussein’s ouster. House Government Reform Committee investigators found in 2005 evidence of “substantial waste, fraud and abuse in the actual spending and disbursement of the Iraqi funds.”
Witnesses testified that millions of dollars were shoved into “gunnysacks” and disbursed to Iraqi contractors on pick-up trucks, with what seemed to be little financial controls or accounting on the part of the U.S. government.
Think it was an accident? That all this plunder took place because of a lack of “oversight?”