The Special Inspector General fror Iraq Reconstruction’s (SIGIR) efforts to figure out what happened to billions of dollars in missing cash shipped to Iraq are struggling mightily, officials say, because the New York Federal Reserve is refusing to disclose how much cash was even shipped in the first place.
In the wake of the 2003 US invasion of Iraq, the government began shipping money to Iraq en masse from the UN Oil for Food account. This amounted to loading cargo planes with as many $100 bills as they could carry and simply dropping them off with no paperwork about where much of the money went after it landed.
The Federal Reserve claims that since the account was from the Oil for Food account the SIGIR is not entitled to know anything about the account. Fed officials said they would continue to cooperate in the investigation, without disclosing what appears to be the only useful information they might have.
A recent SIGIR audit suggested as much as $6.6 billion of the money may have been stolen, while Iraq’s parliament speaker put the figure as high as $18 billion. Some have argued that the US government, since it handled the money so carelessly, might be responsible for replacing what was stolen with taxpayer dollars. Others claims the UN Security Council gave the US immunity from such lawsuits and was free to lose the money with impunity.
There ya go. There's all that transparency we were promised. More hope and change we can believe in.
Pssss…, check with Israeli banks and those new banks popping up in US.., I mean the new banks.., some of them have connection to Bank de Paris or Paris BA.., you never know what to find there or where they got the money to start these new banks and for that reason to restart the US economy….?
This is a disgrace. How is it a matter of fiscal responsibility to conceal the money sent to Iraq? I will tell you that it because someone stole it and it probably was a relative of a fed member. The Federal reserve is owned by the banks and the only hope for the United states is to get rid of the federal reserve. jackson was correct and lets hope we can dump this useless money scam aka federal reserve bank. An organization which is not federal, not a bank and not a reserve. It is an organization designed by bankers for the benefit of bankers.
This in part must be why I'm seeing all those European ultra luxury cars on American roads- in spite of the miserable economic situation of average Americans. A handful of crooks foreign and domestic are making a killing stealing billions. And this is why neocon thiefs and liberal bastards are begging for us to keep and increase wars everywhere.
Mr. RickR30. In 1998, or close to there, a massive group of multimillion dollar homes went in on the dryside of the big Island of Hawai'i. Then as fast as they started being built, construction stopped about 2 ears ago. this group was in line for Bush's deregulation. Through the Republican Party, investments and timely bailouts (In ENRON , for example. This is NOT conjecture) were arranged and successfully carried out. BlackStone investments, who prchased the WTC I and II purchased the entire Waikoloa resort complex close by, all in the shadow of the radiation being carried by the ambiant wind from the West coast of the U.S. to be cleaned by the windward side rains. The Radioactivity in dairy cattle is reportedly high, but the rich Whitey over here is 95% contemptable by all. so …They have no soul and the locals will probably not tolerate being exploited after recently losing their homes to the banks.
Tell the S.O.B. in charge of the cops to arrest George W. Bush and sit on him until he comes clean as to where the money went. One word of crap out of him and bitch slap him to the floor. Any questions?
Then you indict him for genocide, and 3000+ counts of first-degree murder for 9-11, impound his wealth and set his bail at 14 trillion dollars and give him a public defender out of America's appreciation and generosity. As soon as his brothers show up, arrest them for conspiracy. As soon as his father shows up, arrest him for 3500 counts of murder in the first degree for Panama and El Salvador. Then arrest him after he comes up with 5 million in bail for HUD fraud, and arrest him again for the murder of John F. Kennedy and set bail at 20 trillion dollars. Hold the Bush brothers for questioning. If you need help, call me.
Do a search then read on 'Dimona dozen v. Fukushima 50', then see 'dutchsinse.com' on the chemtrail>HAARP circles > radical weather event like clockwork in 24 to 48 hours. Review back to March up to the end of May. then see Chris Bollyn's material and Jeff Prager's. Then see the U.S.Senate's committee on the DH well in the GOM and the finding of "intentional" for the blow out. Then start legally shaking up some people, the bigger, the better. Fill them in.