Friday, July 18, 2008

Making a Killing in the Green Zone at Expense of U.S.

Making a Killing in the Green Zone at Expense of U.S.

American war makers don't call it the "Green" Zone for nothing .

By Pat Shannan

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When Bush took over in 2000, the national debt was $5,674 billion. However, since Sept. 29, 2006, the debt has increased by $1.6 billion per day. Making matters worse, the cost of the Iraq war is bleeding America to death. Bush finances it with high-interest “payday” loans, selling Treasury bills to China—which now holds $4 trillion in IOUs. Your personal debt load is $31,100.53. You indirectly pay for the neo-con war every time you pay for gas, electricity, food and every other commodity that has increased in price. By the time Bush leaves office the national debt will be a staggering $10 trillion

American Free Press warned America what would happen—even before Operation Iraq Liberation (OIL). Two years ago, AFP first reported on plans for the Green Zone, the “ Emerald City” of the New World Order’s Mideast empire. Now it appears these greedy madmen named their project “green” as a sick “inside joke”: they planned to line their pockets with endless payoffs of greenish Federal Reserve notes.

In 2003, after “Mission Accomplished,” the Federal Reserve sent over $4 billion in cash to Iraq. It loaded tons of U.S. dollars onto palettes and flew them on military aircraft to the Green Zone—where it promptly disappeared down a black hole and into unknown pockets.

The first estimate to reconstruct Iraq’s infrastructure—after “we” destroyed it—was $2.4 billion. Actual costs quickly jumped to $30 billion and have been rising ever since. After several years, less than 10 percent of the needed work was done. No-bid “sweetheart” contracts. “Cost plus,” with no incentive to save; U.S. companies charged millions for what Iraqi companies would do for thousands; U.S. contract workers paid $60,000 and far more. Money unaccounted for: $18 billion.

According to investigative journalist and author T. Christian Miller, in his book, Blood Money: Wasted Billions, Lost Lives, and Corporate Greed in Iraq, contractors boasted they could steal the taxpayers blind; it was “open season” on your money.

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