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We Have met the Enemy and He is Us July 29, 2007

Posted by psmc in America, Bush, Coast to Coast AM, economics, Freedom, money, Politics, Society, Uncategorized, war.
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pogo-enemy.jpg

To fund a new Iraqi economy and government after the March 2003 invasion, the U.S. Federal Reserve shipped 484 pallets of shrink-wrapped U.S. currency, weighing 363 tons, totaling more than $4 billion, and, according to a House of Representatives committee staff report in February, most of the cash was either haphazardly disbursed or distributed to proper channels but with little follow-up tracking. By March 2007, The Times of London found bank records revealing, for instance, that two unremarkable Baghdad small-business men (appointed to the defense ministry) eventually deposited over $1 billion in private accounts in Jordan, and that U.S. efforts to buy state-of-the-art equipment for the Iraqi army were seriously undermined because middlemen purchased only cheap, obsolete Polish munitions and pocketed the savings. [ABC News-Reuters, 2-6-07; The Times (London), 3-11-07]

I always loved Pogo. Well I guess we shouldn’t complain. It is only $4Billion. It’s not like it’s some major amount of money.

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Comments»

1. nettlegurl - August 3, 2007

im neither shocked , nor surprised.

2. Ed Darrell - August 14, 2007

There’s a “fiction” book out on this stuff, Hocus POTUS. It’s rather new.

Technical question: Where’d you find the Pogo image? was the whole comic strip there, and are rights to copy available?


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