If you didn't know...now you know!
A recent article in BBC states that $20bn of the Iraqi Funds are missing.
http://news.bbc.co.uk/2/hi/middle_east/6129612.stm "Two early contracts - to Bechtel and Halliburton - have aroused the greatest controversy because they appeared to bypass normal rules. They were awarded their first contracts in Iraq without having to bid for them.
So what have we got? Allegations of impropriety in the awarding of contracts in the US, chaos at the occupation authority that ran post-war Iraq and large sums of Iraqi oil money disappearing apparently without any record of how it was spent.
And all this on America's watch."
Here's something else everyone should know about!
The Project for the New American Century (PNAC) is an American political neo-conservative think tank, based in Washington, DC co-founded by William Kristol and Robert Kagan. The controversial group was established in early 1997 as a non-profit organization with the goal of promoting American global leadership. The chairman is William Kristol, editor of the Weekly Standard and a regular contributor to the Fox News Channel. The Executive Director and chief operating officer has been Gary J. Schmitt. The group is an initiative of the New Citizenship Project, a non-profit 501c3 organization that has been funded by the Sarah Scaife Foundation, the John M. Olin Foundation and the Bradley Foundation.[1]
Present and former members include prominent members of the Republican Party and the Bush Administration, including Richard Armitage, William J. Bennett, Jeb Bush, Ellen Bork (the wife of Robert Bork), Dick Cheney, Zalmay Khalilzad, Lewis "Scooter'" Libby (who has been indicted by a federal grand jury), Richard Perle, former U.S. Secretary of Defense Donald Rumsfeld, and Paul Wolfowitz. Many of the organization's ideas, and its members, are associated with the neoconservative movement. PNAC has seven full-time staff members, in addition to its board of directors.
Critics allege the controversial organization proposes military and economic space, cyberspace, and global domination by the United States, so as to establish - or maintain - American dominance in world affairs (Pax Americana). Some have argued the American-led invasion of Iraq in March of 2003 was the first step in furthering these plans. Others have accused PNAC of orchestrating the September 11, 2001 terror attacks in order to enable the government in progressing toward their goals.