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Dec 3, 2006

Iraq bottomless moneypit continues

This from LegitGov.org:

Five Tons of C4 Explosives Stolen in Iraq 02 Dec 2006 A mysterious theft of explosives occurred in neighboring Iraq. A pro-PKK [Kurdistan Workers Party] website on Thursday claimed that five tons of C-4 explosives were stolen from the warehouses of Iraqi Defense Ministry. It was not certain by whom or when the plastic explosives in the warehouse were stolen.

'A culture of waste, incompetence and fraud.' Corruption costs Iraq $4bn a year --

One third of rebuilding contracts under criminal investigation. 02 Dec 2006 A US government report has concluded that [Cheney Halliburton's] oil smuggling abetted by corrupt Iraqi officials is netting insurgents $100m a year, helping to make them financially self-sustaining... Iraq also represented a grey zone beyond the reach of the US civil courts. KBR was found to have overcharged the US military about $60m for fuel deliveries, but that did not stop it winning more government contracts.

Pentagon to Seek $100B+ War Chest 01 Dec 2006 The Bush administration is hammering out its largest-ever appeal for more Iraq war [Halliburton] funds - a record $100 billion, at least, and that figure reflects cuts from wish lists originally circulating around the Pentagon.#

Recalls to mind the Iraq War chart with nebulous, confused, and sometimes deceptive Pisces rising...

tags: Bush

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