17 July 2004

Looting Iraq

From Lambert at Corrente:

Republican looting: Don't follow leaders—watch the parking meters

Or, in this case, oil meters.This is one of those WaPo stories that starts out "He said, She said" but has the killer detail in the very last graf. Wait for it:

The Bush administration is withholding information from U.N.-sanctioned auditors examining more than $1 billion in contracts awarded to Halliburton Co. and other companies in Iraq without competitive bidding, the head of the international auditing board said Thursday.  The dispute comes as the board released an initial audit by the accounting firm KPMG on Thursday that sharply criticized the U.S.-led coalition's management of billions of dollars in Iraqi oil revenue.  KPMG outlined a series of other shortcomings, including the coalition's failure to install meters on Iraq's Persian Gulf export loading platforms, making it impossible to determine how much oil Iraq was exporting.
(via WaPo)

Wow! Free oil! I wonder where it all went? Hey, freedom's untidy!Look out, Kid—it's something you did...

Iraq is a corporate raid, pure and simple.

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