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Wednesday, June 22, 2011

Flagrant War Profiteering

This story is offensive. After invading Iraq, the US government shipped planefuls of cash to Iraq. Over $6 billion "disappeared".

This isn't an accident. It's a feature. What do you expect to happen when you ship planes full of cash?

If they desired true accountability, they could have used checking accounts and debit cards. They intentionally shipped cash, so they could steal as much as they could without a trace.

This also illustrates the "benefit" of paper money instead of gold. Could you imagine shipping planes full of gold to Iraq and losing it? That would be obviously wasteful. By printing paper money and then losing it, there's no cost to State thugs.

Also, that money belonged to Iraq. It was oil profits that were frozen, when Saddam Hussein's foreign bank accounts were frozen. That money was stolen from the Iraqi people.

The US government shipped planes full of cash to Iraq. Then, they act shocked that it disappeared. They did it on purpose. This is a flagrant example of war profiteering.

1 comment:

Anonymous said...

Quote from the film Casablanca

Rick: How can you close me up? On what grounds?

Captain Renault: I'm shocked, shocked to find that gambling is going on in here!

[a croupier hands Renault a pile of money]

Croupier: Your winnings, sir.

Captain Renault: [sotto voce] Oh, thank you very much.

Captain Renault: Everybody out at once!

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