View single post by Joe Kelley
 Posted: Sat Feb 17th, 2007 09:51 am
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
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http://www.lewrockwell.com/margolis/margolis68.html

Chaos in US-occupied Iraq, and the collapse of its banking system and Ba’ath Party-run social programs, forced Washington to rush 363 tons of US $100 dollar bills to Baghdad. This money, which belonged to Iraq, came from the UN-run “Oil for Food” program. Bremer’s people dished out $12 billion by the truckloads and bagfuls. Another $800 million was stolen by US-appointed officials of Iraq’s Defense Ministry.

But Bremer’s missing $12.8 billion was just the tip of the corruption iceberg. US corporations in bed with the Republican Party’s rightwing, like Halliburton, and mercenary-supplier, Blackwater, made billions out of Iraq. Halliburton, whose former CEO was VP Cheney, was awarded $16 billion in questionable Iraq contracts.

Last week, House Democrats opened hearings that finally began to expose the tsunami of corruption that accompanied the occupation and plundering of Iraq. Billions more of fraud and thievery concealed by the Administration will likely be uncovered.

The whole sordid story of the 100,000 “private contractors” employed by the US in Iraq has only begun to emerge. According to the US Government Accountability Office, at least 48,000 of these – let’s use the correct term, mercenaries – are private gunmen working for hundreds of shadowy US military corporations like Blackwater and Vinnell. These heavily-armed desperados are a law unto themselves and under no supervision.

Some of these mercenaries make US $1,000 daily in Iraq and Afghanistan. While the US locks up Muslims it brands “illegal combatants” in Guantanamo, it has deployed an army of armed thugs in Iraq and Afghanistan. Even interrogation and torture of Iraqis and Afghans has been farmed out to US private enterprise.

 

The 2nd Most Expensive War in American History


by Eric Margolis