Back in April 2003 a small fortune was being sent to Iraq by the United States Federal Reserve. The U.S. military delivered the bank notes to the Coalition Provisional Authority. It was earmarked for Iraqi reconstruction.
There was a total of $12 billion sent over seas each month, $9 billion of it is unaccounted for. Where did the money go?
Twenty million dollars of the initial money came from Iraqi assets that had been frozen since the first George Bush invaded the area in 1990. The rest of the money came included billions in Iraqi oil revenues that had been controlled by the United Nations. The money was to be of benefit to the people of Iraq. The United States created the Development Fund for Iraq. The United Nations handed over the reins of the billions of Iraqi money.
The military handed the money over to the Coalition Provisional Authority (CPA). Now guess who created the CPA? That’s right boys and girls, the Pentagon. Congress believed that the CPA was a US government agency. Boy were they wrong. They also thought that the United Nations had authorized the group. Wrong again.
The CPA operated outside the framework of the American government. Because of that no one was responsible for that massive amount of money. It was ‘off the books.’ More than $23 billion was filtered through the CPA. One problem, no one knows where most of it went.
In May 2003 President Bush put L. Paul Bremer III as CPA administrator. He got $1.6 billion to administer the CPA by Congress.
Granted it was a short lived operation. It had a payroll of 8,206 so called guards. There were only 602 that walked on the ground though, the rest were ghost employees. Those ghosts were making a helluva lot of money in their afterlife. Guess what company those guards worked for.
Wow, you’re a smart one if you guessed Halliburton. Those good ole boys of Halliburton used some of that money to give out 42,000 meals. Now only 14,000 were given to people that walked on the soil. Ghosts seems to eat a lot.
Those contractors had to exercise. That’s why they used bricks of shrink-wrapped $100 bills worth $100,000 to play football. It was a rough game, but someone has to play it.
It helped that the CPA had Bush on their side. When those boys got into trouble because of some tattletales, aka whistle blowers, the Bush administration tried their darnedest to stop a lawsuit against Custer Battles. Custer Battles, LLC is a defense contractor headquartered in Newport, Rhode Island, with offices in McLean, Virginia founded in October 2001. It was founded by Scott Custer and Michael Battles. Those two have a few ins in the government. Custer is a former Army Ranger and defense consultant, while Battles is a former Army officer and CIA intelligence officer.
Ole Custer Battles is considered to be the worst case of fraud in US history. The Bush boys tried to say it wasn’t really fraud since the CPA wasn’t really a government agency. When that didn’t work and the lawsuit hit the courts, Custer Battles said hold your horses, they didn’t steal the money. After all the they had government approval for spending it any way they saw fit.
Now a little company was called into audit for CPA. North Star. There’s only one tiny, weeny problem here. North Star is run out of Thomas Howell’s house in La Jolla, California. Howell is not an accountant. He is a business man though with a post office box in the Bahamas. Nice little set up.
Want to guess who set the company up with CPA? That was almost to easy, of course it was the Pentagon.
Do you remember L. Paul Bremer III? That crafty man issued an order prepared by the Pentagon saying that all coalition-force members “shall be immune from any form of arrest or detention other than by persons acting on behalf of their Sending States.”
Yep, Uncle Sam was busy handing out real Monopoly game cards. Those get out of jail free cards were extended to contractors also. The wording was so crafty that it made the Iraqi people have no say over any illegal conduct Americans did. They are a clever bunch.
Project Censored.org reports:
Matt Taibbi says, “What the Bush administration has created in Iraq is a sort of paradise of perverted capitalism, where revenues are forcibly extracted from the customer by the state, and obscene profits are handed out not by the market but by an unaccountable government bureaucracy.”
He concludes, “What happened in Iraq went beyond inefficiency, beyond fraud even. This was about the business of government being corrupted by the profit motive to such an extraordinary degree that now we all have to wonder how we will ever be able to depend on the state to do its job in the future. If catastrophic failure is worth billions, where’s the incentive to deliver success?”