On 27/10/2011 11:12 AM, jps wrote:

Yeah, I've been searching for my glasses all day and it turns out I
had them on...


A sum of $6.6 billion allegedly stolen in Iraq has been found, the
Special Inspector General for Iraq Reconstruction (SIGIR) said
Wednesday.

While it was thought to have gone missing, an earlier SIGIR report
said the funds were not accounted for due to the “weaknesses” of the
Pentagon’s management and control mechanisms for their oversight.

Turns out, SIGIR now says the funds were actually being held by the
Central Bank of Iraq, where they belonged.

“Sufficient evidence exists showing that almost all of the remaining
$6.6 billion remaining was transferred to actual and legal CBI
(Central Bank of Iraq) control,” the report says.

The cash was part of a series of shipments totaling more than $12
billion, taken largely from the U.N. “oil-for-food” program and the
sales of Iraqi oil.

***Officials in the Bush administration had hoped the massive pallets
of cash would help calm Iraq’s civilian population following the
chaotic and violent invasion and toppling of Saddam.***

***Investigators said in 2005 that Bush officials apparently neglected
to put procedures in place to track the money or hold recipients
accountable for its proper applications.***



What a surprise! You mean we should keep track of this stuff?

I bet $6.6 billion in cash delivered on pallets could be used to calm
the OWS protesters. Maybe we should repatriate some of that cash and
use if for our own people instead of Iraqis?

****in' unbelievable.

So is 0bama going to ship more?
--
The reason government can't fix the economic problems is government is
the problem.