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How has the US been spending other people's billions?

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-19-04 09:44 PM
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How has the US been spending other people's billions?
http://www.guardian.co.uk/usa/story/0,12271,1264765,00....

Henry Waxman is an awkward customer. For 30 years, this California congressman has probed, badgered and embarrassed US administrations of every hue.

As the senior Democrat on the House of Representatives' government reform committee, Congress's principal standing investigative panel, he is a difficult man to ignore.

Right now, Mr Waxman has a question on Iraq. In fact, he has several - and in typically robust fashion, he is demanding answers. What he wants to know is whether the Bush administration has been fiddling with Iraq's oil revenues.

He wrote to the Republican chairman of the reform committee on July 9, suggesting there was a serious case to answer. Subpoenas should be issued, he said, "to investigate potential mismanagement of the Development Fund for Iraq (DFI) by the United States".

<snip>

In particular, Mr Waxman is curious about "the administration's last-minute 'draw-down' of billions of dollars from the DFI for unspecified expenses" prior to last month's transfer of sovereignty. "For example, $1bn was withdrawn from the DFI during the last month of the CPA's existence for unspecified 'security' purposes."

...more...
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truthisfreedom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-19-04 09:53 PM
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1. Gooooooooooooo Henry!
Henry and the venerable Senator Robert Byrd are two of our greatest heroes in Congress.
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struggle4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-19-04 11:16 PM
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2. kick
:kick:
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gatlingforme Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-19-04 11:19 PM
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3. Waxman is great. I love that guy.
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