NewsBling - Your Iraq News Source

Old Man from Scene 24 asked:


I often hear economists saying some financial trend or another is being caused by the housing crunch or a hurricane or China building for the Olympics. But the massive amounts of money being directed to Iraq must be coming from somewhere and taking money from something else. Wouldn’t that much money leaving the US be a bigger hit on the economy than a storm in Texas?
What is being affected economically by the Iraq war?

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porscha j asked:


Im doing a compare contrast paper about the current events in Iraq. How it started, what led to this war, what are the different views obama and bush have on the whole war. Im stumped can anybody help me?

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Reba K asked:


The US flew nearly $12bn in shrink-wrapped $100 bills into Iraq, then distributed the cash with no proper control over who was receiving it and how it was being spent.

The staggering scale of the biggest transfer of cash in the history of the Federal Reserve has been graphically laid bare by a US congressional committee.

In the year after the invasion of Iraq in 2003 nearly 281 million notes, weighing 363 tonnes, were sent from New York to Baghdad for disbursement to Iraqi ministries and US contractors.

Who deserves prosecution over this loss of US funds?

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