BBC uncovers lost Iraq billions

alot of people aregonna say they new it was a war for profit the entire time . fox news will join that band wagon after bush is out of office

I am not surprised

The most surprising thing about this is that none of us will be surprised to read it. That something so ethically and fiscally corrupt could have become so 'normal'.

That's quite a lot of money to accidentally 'misplace.'

The amount of profit made by the contractors in Iraq is staggering. I wonder how much better the situation in the country would be if that money would have been spent where it should have been, rather that lining the contractors and Bush administrations pockets?

On a side note, I saw the documentary last night and I think it was one one the best pieces of investigative television i've ever seen. The BBC rocks! But not as much as Current ...

Thank goodness the BBC is not fooled by Bush.

Someone is currently eating 46 billion Popsicles in the Iraqi heat.

I loved yesterday Panorama Special: Where were the missing millions.? Will it help us to prosecute those who actually benefited from making up reasons for an oil war? Hope so.

go! bbc, thank you for having balls.

The Iraq War is based over nothing but profit; that is the main reason why George Bush invaded Iraq. Oil is only the second main reason why he did what he did.

Yes, and it's YOUR money, money that should be in schools teaching your children, and in healthcare so our broke ass society could be a little better off... But alas, Blackwater, Halliburton, Unocal and Bechtel have to eat too right?
CHRIST!

It looks like backwater did make a ton a money, as I'm sure there was other "private armies" that where in iraq. I one question i have is after all this didn't people in the beginning say bush was going into Iraq for the Oil. So where is it?

A good documentary is "Shadow Company", it shows alot of the injustices in the war so far, but also the PMC point of view also.

TOO BAD THEY COULD'NT USE THE BILLIONS
LOST IN IRAQ, AND USE IT FOR BOUNTY MONEY'
ON WHO'S EVER RESPONSIBLE FOR IT.
IT VERY WELL COULD BE , OUR OWN PRESIDENT AND HIS CRONIES.

Bunnatine Greenhouse, a civil servant with 20 years of contracting experience, had complained to Army officials on numerous occasions that Halliburton had been unlawfully receiving special treatment for work in Iraq, Kuwait and the Balkans. The seriousness of her allegations prompted the U.S. Justice Department, the Federal Bureau of Investigation (FBI) and the Pentagon's inspector general to open criminal investigations that continue today.

Greenhouse stated in a congressional hearing in June, 2005."I can unequivocally state that the abuse related to contracts awarded to KBR represents the most blatant and improper contract abuse I have witnessed during the course of my professional career."

In one of the many examples of abuse, Greenhouse said that military auditors caught Halliburton overcharging the Pentagon for fuel deliveries into Iraq. She also complained that Defense Secretary Donald Rumsfeld's office took control of every aspect of Halliburton's $7 billion no-bid Iraqi oil/infrastructure contract. As a result of her whistle blowing, she was soon demoted on grounds of poor performance though USACE. [23] Greenhouse had received excellent performance ratings in the past. Greenhouse's attorney, Michael Kohn, stated in the New York Times that "She is being demoted because of her strict adherence to procurement requirements and the Army's preference to sidestep them when it suits their needs."

In November 2006, Halliburton started off-loading its stake in the KBR subsidiary. By February 2007, Halliburton had completely sold off the subsidiary. This came after it was indicted of “overcharging” by Pentagon audit reports.

In June 2007, just days after Stewart Bowen, the Special Inspector General released a new report, which explains how KBR has been gouging taxpayers from inside the Green Zone, the Army announced that KBR will divvy up another $150 billion with two other contractors, Fluor and Dyncorp, over the next ten years.

Then they moved their headquarters to Dubai where they won't be touched for any of the abuses

good god, that's almost 100,000 euros!!

of course there are lost billions!! fuck you bush!!

This is really interesting ... Wasn't it just last year that HALLIBURTON moved it's HQ to the United Arab Emirates? ... Outside of US legal and tax jurisdiction??!!! Screw the thief Cheney and his moron puppet-boy Bush! This is the worst adiminstration I have ever seen. And Screw the Dems for not having the guts to do what they were overwhelmingly elected to do in 2006! The USA is now the home of the most corrupt government on the planet. That is in terms of dollars directly to representatives to buy votes. I challenge anyone to prove me wrong. I am ashamed of my representatives.

Hidden Treasure???? This is only the beginning, there are probably still Trillions more in a Bunker somewhere?

I hope the first thing Obama does when he becomes president is hold Bush, Cheney and Rumsfeld accountable for their crimes. These three are the ringleaders for crimes of such magnitude that most Americans probably won't be able to wrap their brains around it when the full extent is revealed. That such evil could survive eight years in office is beyond me.

i posted this forever ago! (meaing yesterday, ha)
>:(
im jealous that yours got voted up!
but this a great article so good im glad that it got on front page... even if it's not mine...
hehe

Listening to this.. I'm sure they've WASTED more than 3 trillion - much more.

"...I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
And the woman was arrayed in purple and scarlet colour, and decked with gold and precious stones and pearls, having a golden cup in her hand full of abominations and filthiness of her fornication:
And upon her forehead [was] a name written, MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND ABOMINATIONS OF THE EARTH."

-The Book of Revelation, 17:3 through 17:5

http://www.blueletterbible.org/kjv/Rev/Rev017.html#top

Babylon is a city of ancient Mesopotamia, the remains of which can be found in present-day Al Hillah, Babil Province, Iraq, about 85 kilometers (55 mi) south of Baghdad.

http://en.wikipedia.org/wiki/Babylon

'Nuff said.

you know this, because of the war porfiteering that is going on--particularly Blackwater. These profiteers have beem making there money since the whoole thing began.

Unfortunately, this isn't surprising in the least. We've become so disenchanted with our administration that this is not only "acceptable" but expected.

welcome to the free market.

No Dah! I wish anyone who voted for this stupid president would give all those who didn't a rebate check. It is a blatant war to give the money to multinational companies from our tax dollars. Go read Diary of an Economic Hitman.

thats crazy but i wouldnt put it pass them

If the we were going to steal their money, we should have at least paid back China the humongous sum we owe them.

'Three Kings' is amazing. Spike Jonze - ACT MORE!

Yea Three Kings good movie Icecube!

This experience has shown us that it is completely irresponsible to leave these sort of sums of money in the hands of liars, thieves, and thugs...

When will we get our coutry back..? Because we won't be getting the money back...this whole scheme was planned way beforehand...just look at the Texas Ranger's deal W pulled off...that was his training session...but penny anti compared to this...

Real SHOCKER... NOT