Posted on 02/07/2007 10:46:00 AM PST by Ernest_at_the_Beach
Just what does this caption want to tell us!? Was Iraq before the invasion less poor and chaotic? Oh I see... it's the BBC.
If there's a bigger a**hole in DC than Waxman, I'd like to know who it is.
Obrian on CNN said this as a big story involving the Pentagon sending billions of YOUR tax money in cash to Iraq without any accounting.
Obrian, and most of the looney left, keep forgetting to read that this was the IRAQI's MONEY, oil and frozen assets under Saddam, and if they lost it I would guess that is their problem.
If you want to employ someone, you pay cash.
Is it wasteful and open to corruption? Sure.
But there was never any other way to hire anyone in Iraq.
The 'debate' (i.e., torrent of left-wing screeching) over Iraq is so far removed from the realit of Iraq that it sounds more and more like Alice in Wonderland.
Fantasy politics for adolescents who never grew up.
But Death waits patiently even for fools.
If we HADN'T tried to send money to keep the economy going, to rebuild, they'd criticize THAT too. For these jackasses, it's all politics, all the time. They don't give a rip about what happens to the Iraqi people.
On the other hand he does have a point. Just what kind of idiot DOES send 360 tons of cash to a war zone?
The Iraqis we're taking Visa, MC, AMEX, or checks...maybe we should have paid them with the little cardboard pogs that the troops get instead of coin change at the PX?
Since when did the Iraqis start taking hundred dollar bills? Wouldn't local currency have been better and we prop it up through wire transfers and the like? Long and short of it is that Bremer doesn't know where it went. Neither does anyone else. One would think that as chaotic as the situation was some safeguard might have been appropriate.
I think cash is often used in war zones, to pay people off. I think there were millions taken to Afghanistan.
I suppose Gold would be used that way as well.
My question about the story is, is the 4 billion "lost", or are we pretty sure it was used to pay salaries, but we just didn't keep records.
They didn't have their own currency until June 2004.
What did they use before the U.S. overthrew Saddam? Wampum?
Boxer or Wexler would be my choice
Are they talking about the billons in social spending here?
Those Dinars were rendered worthless when we toppled the government.
I don't think the Dinar had a favorable exchange rate against wampum.
They were rendered worthless because we said they were. What if we said they were OK because we backed the new government?
There's a bigger nostril named Waxman... oh, my mistake.
March 2003 there was no organic government in Iraq. No laws, no agencies, no nothing.
Anarchy. Seriously, anarchy. (I saw it firsthand)
No one, not the Iraqis nor their neighboring countries would work with the old Dinars.
(What if you had the option of being paid in Soviet Rubles?)
Tell me how a non-existant government can back a currency, ESPECIALLY if that currency carries the image of the deposed leader?
Old currency had Saddam all over it. New currency needed a government to back it. In the mean time the only acceptable currency was the dollar.
Considering that you really don't seem to have any info, knowledge or insight into this situation, I don't understand why you are so argumentative?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.