"three kings" were underachievers
Feb. 8th, 2007 02:51 amReuters reported this (via TPM)
Three hundred and sixty three tons. Of cash. Taking the numbers from here, and making some rough assumptions (say 1/3 of the weight was security seals, wrapping, and the like) you end up with around 200 million notes. Or we could assume that it was all in $100 notes (which wouldn't make a huge amount of sense, since the idea was to get the money into circulation, but nonetheless) which means 40 million notes. According to the site I just linked, that would be a stack of money between 4km and 20km high - if it was packed incredibly tightly, with no room for any wrapping at all. If piled into 1m high piles, it would fill somewhere between a 6m x 6m and a 14m x 14m space. Again, this is making utterly unrealistic assumptions that it could be packed completely tightly and with zero space between the notes. Realistically, it would probably be at least twice that size because of the tiny space between the notes, packing material and the like. Try and visualise that amount. It's just nuts.
So aside from the sheer "holy christ!" of this, there's another issue. One that highlights the advantages of having Democrats in charge of Congress, rather than Republicans. They are actually asking questions. Questions like this one:
"Who in their right mind" is really very parlimentary speak for "what motherfucking evil bad crack were you tools smoking??"
But hey, the Iraqis needed the money to keep their government running. It's not like they were just pissing the money up against a wall, was it?
Oh. Never mind. Points to whoever it was that managed to make off with 2/3rds of the 363 tons of cash without the geniuses of the CPA noticing. That's a serious bit of theft.
Oh - I'm sorry? One of the Republicans on the committee has a point to make?
... shameless. I'd almost say unbelievably shameless, except I can believe it. By the way, Burton, you forgot to mention 9/11. Or demonstrate how it was Bill Clinton's fault - perhaps you can demonstrate it by shooting another watermelon. (No - really. He did this. And has since been re-elected multiple times. Cry for democracy.)
Purely for background - the aforementioned Stuart Bowen was a longtime crony of Bush's, appointed (so they thought) to help cover stuff up. Unexpectedly for them, he turned out to be extremely diligent and effective. So late last year the Republicans tried to fix this by killing off his position in the dead of night. After this was discovered, even the shameless scumbags in the Republican party agreed to pass an additional piece of legislation reinstating him.
The Federal Reserve sent record payouts of more than $4 billion in cash to Baghdad on giant pallets aboard military planes shortly before the United States gave control back to Iraqis, lawmakers said Tuesday.
The money, which had been held by the United States, came from Iraqi oil exports, surplus dollars from the U.N.-run oil-for-food program and frozen assets belonging to the ousted Saddam Hussein regime.
Bills weighing a total of 363 tons were loaded onto military aircraft in the largest cash shipments ever made by the Federal Reserve, said Rep. Henry Waxman, chairman of the House Committee on Oversight and Government Reform.
Three hundred and sixty three tons. Of cash. Taking the numbers from here, and making some rough assumptions (say 1/3 of the weight was security seals, wrapping, and the like) you end up with around 200 million notes. Or we could assume that it was all in $100 notes (which wouldn't make a huge amount of sense, since the idea was to get the money into circulation, but nonetheless) which means 40 million notes. According to the site I just linked, that would be a stack of money between 4km and 20km high - if it was packed incredibly tightly, with no room for any wrapping at all. If piled into 1m high piles, it would fill somewhere between a 6m x 6m and a 14m x 14m space. Again, this is making utterly unrealistic assumptions that it could be packed completely tightly and with zero space between the notes. Realistically, it would probably be at least twice that size because of the tiny space between the notes, packing material and the like. Try and visualise that amount. It's just nuts.
So aside from the sheer "holy christ!" of this, there's another issue. One that highlights the advantages of having Democrats in charge of Congress, rather than Republicans. They are actually asking questions. Questions like this one:
"Who in their right mind would send 363 tons of cash into a war zone? But that's exactly what our government did," the California Democrat said during a hearing reviewing possible waste, fraud and abuse of funds in Iraq.
"Who in their right mind" is really very parlimentary speak for "what motherfucking evil bad crack were you tools smoking??"
But hey, the Iraqis needed the money to keep their government running. It's not like they were just pissing the money up against a wall, was it?
Democrats led by Waxman also questioned whether the lack of oversight of $12 billion in Iraqi money that was disbursed by Bremer and the CPA somehow enabled insurgents to get their hands on the funds, possibly through falsifying names on the government payroll.
...
The special inspector general for Iraqi reconstruction, Stuart Bowen, said in a January 2005 report that $8.8 billion was unaccounted for after being given to the Iraqi ministries.
Oh. Never mind. Points to whoever it was that managed to make off with 2/3rds of the 363 tons of cash without the geniuses of the CPA noticing. That's a serious bit of theft.
Oh - I'm sorry? One of the Republicans on the committee has a point to make?
"We are in a war against terrorists, to have a blame meeting isn't, in my opinion, constructive," said Rep. Dan Burton, an Indiana Republican.
... shameless. I'd almost say unbelievably shameless, except I can believe it. By the way, Burton, you forgot to mention 9/11. Or demonstrate how it was Bill Clinton's fault - perhaps you can demonstrate it by shooting another watermelon. (No - really. He did this. And has since been re-elected multiple times. Cry for democracy.)
Purely for background - the aforementioned Stuart Bowen was a longtime crony of Bush's, appointed (so they thought) to help cover stuff up. Unexpectedly for them, he turned out to be extremely diligent and effective. So late last year the Republicans tried to fix this by killing off his position in the dead of night. After this was discovered, even the shameless scumbags in the Republican party agreed to pass an additional piece of legislation reinstating him.