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Array
(
[sid] => 83465
[catid] => 1
[aid] => mick
[title] => BREMER LOST AMERICA BILLIONS IN IRAQ
[time] => 2005-02-08 05:13:54
[hometext] => Almost 9 billion dollars has 'gone missing' in Iraq...
[bodytext] => Iraq’s ‘Missing Billions’ An official US audit has unearthed evidence of widespread corruption in postwar Iraq, finding that the occupying authorities failed to keep track of nearly $9 billion (£4.8billion) of Iraq’s oil and other revenues. In October 2003, a Christian Aid report, Iraq: the missing billions, warned that at least $4 billion of Iraqi money earmarked for reconstruction had gone missing. At the time, this accusation was vigorously denied by the Coalition Provisional Authority (CPA), the US-controlled body that ruled Iraq following the fall of Saddam Hussein’s regime. But in June 2004, as the CPA was being wound up, another Christian Aid report revealed that as much as $13 billion was unaccounted for. In a scathing new report to Congress, Gen Stuart Bowen, the special inspector general for Iraqi reconstruction, said that while the Coalition Provisional Authority (CPA) was careful to monitor the spending of US taxpayers' money in Iraq, it failed to provide proper oversight of projects paid for with Iraq's own funds. Christian Aid’s research exposed how this financial black hole was in flagrant breach of the United Nations' resolution that established the CPA. Resolution 1483 stipulated that all Iraqi oil and other seized funds must be used to meet the humanitarian needs of the Iraqi people and to finance the rebuilding of Iraq’s shattered infrastructure. In its two reports, Christian Aid also argued that the situation was fuelling suspicions that oil money was being creamed off for the benefit of US companies. In turn this was adding to frustration and resentment among some Iraqis, said the reports, potentially fuelling violence. --O//-- What’s a few billion among friends? I’m sure Bremer will make amends Perhaps by the sale of a book Called ‘Iraq’s a mess. Please don’t look!’ Is there an end to their incompetence? Something to be said in their defence? Not much it seems to me They slaughtered Iraqis to make them “free”? Now as corruption takes a hold Where are those cakewalk neocons so bold? All pointing the other way it seems Their nightmares create new ugly schemes Subvert Iran and have streets of blood Their tactics now as clean as mud Where else can we bring slaughter today? Come on bring your bombs and start to pray! I’m sure you have a few more billion to spare To sponsor terror everywhere Get the cash direct to the criminals in Iran Those flames of hell we’re gonna fan Oh sure, you’ve got the spare dough Take from the poor making the usual show Fine words and bull from the podium high While in foreign lands civilians will die Bush and his billions, little Bremer too Pigs and ****, they stick like glue But with billions gone, so broken-hearted These fools and their money were soon parted --O//-- [comments] => 0 [counter] => 152 [topic] => 57 [informant] => steeleyes [notes] => Edited due to the use of a banned word. Please do not try to fool the word filters. - Moderator_16 [ihome] => 0 [alanguage] => english [acomm] => 0 [haspoll] => 0 [pollID] => 0 [score] => 0 [ratings] => 0 [editpoem] => 1 [associated] => [topicname] => war )
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