Billions missing: Bremer quizzed over cash for Iraq

Paul Bremer told a Congressional committee investigating allegations of waste and fraud that he had done his best to kick-start Iraq's economy. - Much of the money went missing and critics say there was no system to track how it was used.

//news.bbc.co.uk/2/hi/americas/6338341.stm



War is a racket!

$12 Billion Missing: Waste in War: Where Did All the Iraq Reconstruction Money Go?

In his opening statement, Rep. Waxman claimed $12 billion dollars were sent to Iraq between May 2003 and June 2004 and is unaccounted for by the U.S. government.

//www.abcnews.go.com/Politics/story?id=2852426



Iraq's Missing Billions

Video

Exposed: How American Contractors With The Help Of U.S. Government Raped Iraq.
//www.informationclearinghouse.info/article12499.htm


From Information Clearing House

--------

Waxman to Bremer: Show me the money

Mother Jones
by Daniel Schulman

02/06/07

Depending on who you ask, today’s hearing by Henry Waxman’s Committee on Government Reform, convened to examine the Coalition Provisional Authority’s handling of reconstruction funding in Iraq, was either a demonstration of aggressive oversight or a shameless exercise in political grandstanding. … While the impetus for the hearing was a point of contention, there was one thing everyone could agree on regardless of their political persuasion: No one — not the committee members or the distinguished panel assembled to testify — had any idea how billions of dollars in reconstruction funds were ultimately spent. Shipped to Iraq by the ton on C-130 cargo planes laden with bricks of U.S. tender, the funding in question, held in the Development Fund for Iraq and totaling some $8.8 billion, was doled out by the CPA to Iraq’s fledgling government ministries between October 2003 and June 2004. Ostensibly, the cash went to pay for such things as salaries and overhead. Where it actually wound up is another story entirely...

//tinyurl.com/2mvj8m


Informant: Thomas L. Knapp



//freepage.twoday.net/search?q=Waxman

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