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America's Other Dark Legacy In Iraq

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Author 54506
Iraq-Aftermath US-steered Corruption:
the U.S.-led CPA was deeply corrupt. Much of Iraq's revenues, from oil sales or other sources, went to contracts with U.S. companies. Of contracts for more than $5 million, 74 percent went to U.S. companies, with most of the remainder going to U.S. allies. Only 2 percent went to Iraqi companies. Over the course of the occupation, huge amounts of money simply disappeared. Kellogg, Brown, and Root (KBR), a subsidiary of Halliburton, received over 60 percent of all contracts paid for with Iraqi funds, although it was repeatedly criticized by auditors for issues of honesty and competence. In the last six weeks of the occupation, the United States shipped $5 billion of Iraqi funds, in cash, into the country, to be spent before the Iraqi-led government took over.
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I was born like an extraterrestrial onto this crazy planet. First I was blind like a katholic kitten but soon began to realize what was going on in this madhouse of a planet, where half the population is at the verge of starvation, while the other (more...)
 

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