Skip to main content

View Diary: "Don't Blame my Brother!" (8 comments)

Comment Preferences

  •  Gosh Jeb....why would we ever blame your brother.. (3+ / 0-)
    Recommended by:
    jamess, JeffW, Lujane

    for this

    From Vanity Fair October 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. Following a trail that leads from a safe in one of Saddam's palaces to a house near San Diego, to a P.O. box in the Bahamas, the authors discover just how little anyone cared about how the money was handled.
    snip
    Once the money arrived in Iraq it entered a free-for-all environment where virtually anyone with fingers could take some of it. Moreover, the company that was hired to keep tabs on the outflow of money existed mainly on paper. Based in a private home in San Diego, it was a shell corporation with no certified public accountants. Its address of record is a post-office box in the Bahamas, where it is legally incorporated. That post-office box has been associated with shadowy offshore activities.
    snip
    Over the next year, a compliant Congress gave $1.6 billion to (Paul) Bremer to administer the C.P.A. This was over and above the $12 billion in cash that the C.P.A. had been given to disburse from Iraqi oil revenues and unfrozen Iraqi funds.

    Few in Congress actually had any idea about the true nature of the C.P.A. as an institution. Lawmakers had never discussed the establishment of the C.P.A., much less authorized it—odd, given that the agency would be receiving taxpayer dollars. Confused members of Congress believed that the C.P.A. was a U.S. government agency, which it was not, or that at the very least it had been authorized by the United Nations, which it had not. One congressional funding measure makes reference to the C.P.A. as "an entity of the United States Government"—highly inaccurate. The same congressional measure states that the C.P.A. was "established pursuant to United Nations Security Council resolutions"—just as inaccurate. The bizarre truth, as a U.S. District Court judge would point out in an opinion, is that "no formal document … plainly establishes the C.P.A. or provides for its formation."

    I could go on, but I know this is about 5 years old and as always, you are more interested in moving forward and not pointing fingers at your pinhead brother....the decider....the lazy, uninterested blockhead of a "leader" who cut brush in Texas while the evil zealots around him laid waste to American democracy and its economy.

    Go ahead...tell me again why we should not blame him.  Maybe it is because, as a GOP apologist, asked about the massive debts left by the Bush administration and their impacts on what Obama has had to try and clean up said recently, "That was another place and time."

    So easy to dismiss......but we will NEVER forget what was done under your brother's name.

    Few of us would be surprised if that "post office box...associated with shady offshore activities" had connections to Bain and Romney.

    Free markets would be a great idea, if markets were actually free.

    by dweb8231 on Sun Aug 26, 2012 at 03:48:29 PM PDT

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site