[GailA]

FYI

[GailA]

Is there a banker here that would know what the interest would be on this Compensation Fund? What would the interest rate on this kind of money be?

It also seems that NO body has been paid from this compensation.

[MizSterious]

Ping!

[Howlin]

See if this helps you understand anything.

I am the last person on EARTH to ask about the money. Perhaps some kind FReeper will come along and explain it to us.

http://www.freerepublic.com/focus/f-news/861683/posts

[Shermy]

Who are all those contracts with? I'd like to see a country by country breakdown.

[Boot Hill]

The UN states:   "3.4 billion barrels of Iraqi oil valued at almost $64 billion have been exported under the programme since December 1996.."

But then they admit that:   "The UN administrative and operational costs for the programme (2.2 per cent) and costs for the weapons inspection programme (0.8 per cent)."

Acting like some third world, organized crime lord running a loan sharking operation or a protection racket, the UN rakes in a vigorish (mordida) of a quarter billion dollars per year, right off the top.

The UN does not come to the table with clean hands. They have a vested interest in maintaining Saddam and the status quo. In fact, their hands are dripping with the blood of innocent Iraqi's.

--Boot Hill

[anniegetyourgun]

U.N. - weapon of mass corruption

[mewzilla]

Just for giggles, and since I hadn't seen the link elsewhere yet, here's the UN's official Oil for Food website.

[backhoe]

http://www.freerepublic.com/focus/news/898257/posts
Billions lost with loopholes in the Oil-for-Food programme
times online ^ | 4/22/03

[Smartass]

Time for U.S. to get out!!!