A Facetious Question

Remember when all that money was found in Iraq about a year ago?  650 million dollars worth of money, in crisp, neatly packaged bundles?  Well, the Senate, of course, held hearings on just this issue, lots of U.S. money in Iraq, and here’s the question one Thomas C. Baxter uttered, in Senate testimony.

""How could that happen?” Mr. Baxter thought to himself, as he recalled later in Senate testimony. “Not only with U.S. sanctions, but with U.N. sanctions. How could that happen?"

No definitive answers are available, for some reason, but the article is an interesting read anyway.

“Lockboxes, Iraqi Loot and a Trail to the Fed."

Via Mises Economics Blog.

Posted by on 06/07 at 02:23 AM

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