To: Peter Dierks who wrote (6166 ) 2/17/2009 2:19:18 PM From: John Koligman Read Replies (2) | Respond to of 42652 Funny how it's all Obama's fault when the guy has been in office a couple of weeks. If he screws up he will get what's coming to him. As for Shrub, he's done more financial damage to this country than any other President in my lifetime with the possible exception of Reagan <ggg>, under whom deficits really started to expand... By the way, here's the real result of 'defending freedom' in Iraq... To: Les H who wrote (184230) 2/16/2009 11:50:12 PM From: Les H 3 Recommendations Read Replies (2) of 184378 IRAQ scam makes Madoff look like small change In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior MILITARY officers in the misuse of $125 billion in a US–directed effort to reconstruct IRAQ after the fall of Saddam Hussein. The exact sum missing may never be clear, but a report by the US Special Inspector General for IRAQ Reconstruction (SIGIR) suggests it may exceed $50bn, making it an even bigger theft than Bernard Madoff’s notorious Ponzi scheme. “I believe the real looting of IRAQ after the invasion was by US officials and contractors, and not by people from the slums of Baghdad,” said one US businessman active in IRAQ since 2003. In one case, auditors working for SIGIR discovered that $57.8m was sent in “pallet upon pallet of hundred-dollar bills” to the US comptroller for south-central IRAQ, Robert J Stein Jr, who had himself photographed standing with the mound of money. He is among the few US officials who were in IRAQ to be convicted of fraud and money laundering.themalaysianinsider.com.my