Pallets of US cash sent to Baghdad before handover

Reuters (excerpt) ^ | February 6, 2007 | Jeremy Pelofsky

[HAL9000]

Excerpt -

WASHINGTON, Feb 6 (Reuters) - The U.S. Federal Reserve sent record payouts of more than $4 billion in cash to Baghdad on giant pallets aboard military planes shortly before the United States gave control back to Iraqis, lawmakers said on Tuesday.

The money, which had been held by the United States, came from Iraqi oil exports, surplus dollars from the U.N.-run oil-for-food program and frozen assets belonging to the ousted Saddam Hussein regime.

Bills weighing a total of 363 tons were loaded onto military aircraft in the largest cash shipments ever made by the Federal Reserve, said Rep. Henry Waxman, chairman of the House of Representatives Committee on Oversight and Government Reform.

~ snip ~

[coconutt2000]

Should've shipped it over in Susan B. Anthony coins... Be harder for corrupt officials in Iraq to steal meaningful quantities.

[unkus]

363 tons of cash doesn't add up.

[xcamel]

I think the point was that:

"Most of it is missing now"

[IllumiNaughtyByNature]

ROFL!

[trumandogz]

Makes me want to puke.

[omega4179]

That money vanished.

[traditional1]

How many Democrats went to Baghdad on "fact-finding trips" just about the time the cash arrived?

I suspect Hildabeast must have visited then.....

[buccaneer81]

This is Reuters, folks. They love seeing us piss and moan about a possibly ficticious story.

[Anti-Bubba182]

......and we could get rid of the damn things!

[trumandogz]

Nice attempt at spin but his one would appear to be the fault of the White House, State Department, Federal Reserve and DoD.

[Dog Gone]

The money, which had been held by the United States, came from Iraqi oil exports, surplus dollars from the U.N.-run oil-for-food program and frozen assets belonging to the ousted Saddam Hussein regime.

In other words, it was money that belonged to Iraq. That shouldn't be a hard concept to grasp.

[omega4179]

doesn't mean it wasnt stolen after the fact.

[unkus]

363 tons ? How many 20's in ONE pound? 363 x 2000 lbs is a LOT of cash.

[trumandogz]

Now the the Iraqi officials have stolen money from their people just as was done by the previous regime the US Tax Payer will have to make up for what was stolen.

I hope you enjoy writing your check to the IRS this April.

[xcamel]

It was also on ABC news tonight

[Dog Gone]

It doesn't mean it was.

It's their money.

[Dog Gone]

I'm glad to see you're buying into Henry Nostrilitis's slime machine propaganda.

It kinda tells me where you're coming from.

[buccaneer81]

It was also on ABC news tonight

When it's on Fox I may give it consideration.

[trumandogz]

What do you mean it is their money?



The money belonged to the people of Iraq and not the corrupt government officials. According to you Nancy Pelosi could walk into the US Treasury and walk out with four billion dollars for her personal use and your answer would be:

"It's her money!"