09 February 2007

Billions and billions of dollars just disappear in Iraq


McClatchy Newspapers

Show me the money, or at least some receipts scribbled on the backs of old envelopes and grocery bags.

This week, we were treated to the spectacle of the former U.S. civilian overlord of Iraq, Ambassador L. Paul Bremer, squirming in the hot seat as he attempted with little success to explain what he did with 363 TONS of newly printed, shrink-wrapped $100 bills he had flown to Baghdad.

That's $12 billion in cold, hard American cash, and no one, especially Bremer, seems to know where it went.

It may be an urban legend, but the late Sen. Everett Dirksen, the Illinois Republican, is widely quoted as saying: "A billion here, a billion there, and pretty soon you're talking real money." If he didn't say it, he should have.

0 Comments:

Post a Comment

<< Home