The Mudcat Café TM
Thread #97925 Message #1938486
Posted By: GUEST,petr
16-Jan-07 - 02:00 PM
Thread Name: BS: Bush to micromanage Iraq War???
Subject: RE: BS: Bush to micromanage Iraq War???
so Teribus answer me why would Wolfowitz say the war would pay for itself thanks to Iraqi oil revenues.
one doesnt have to look far.. in substantiating this
see the part about the CPA siphoning off Oil revenue funds and unaccounted for Billions.
How Wolfowitz can be praised for "fighting corruption" and following the rule of law is difficult to fathom, given his track record. As Deputy Secretary of Defense, Wolfowitz somehow managed to ignore the Pentagon's failure to follow competitive bidding requirements for the reconstruction of Iraq -- an omission that made Halliburton the king of American war profiteers. The Pentagon's failure to protect American taxpayers has led to an ongoing epidemic of waste and fraud, as well as huge abuses of the "Iraqi people's" oil revenues which, Wolfowitz assured the House Budget Committee before the war, would alone pay for the country's reconstruction: "If we liberate Iraq those resources will belong to the Iraqi people." Instead, billions were siphoned off by the occupational authority (CPA) to pay Halliburton and other U.S. contractors, leaving just $2.9 billion of $20.6 billion in oil-related revenues behind, . (This week Newsweek printed a photo of CPA officials ready to hand out stacks of money, with a caption that reads "Free Fraud Zone." http://www.msnbc.msn.com/id/7306162/site/newsweek/)