Billions Lost in Secret Federal Reserve Funding of Iraq War

Tens of billions were shipped to Iraq since the 2003 invasion, most of it lost or stolen. And we're not allowed to know about it. - Since the beginning of the Iraq War in 2003, the New York Federal Reserve has been shipping tens of billions of dollars to the government and central bank of Iraq, ostensibly for reconstruction and resumption of governmental services after the fall of Saddam Hussein. Between 2003 and 2008, over $40 billion in cash was secretly shipped in trucks from the New York Federal Reserve compound in East Rutherford, New Jersey to Andrews Air Force Base outside of Washington, where they were then flown by military aircraft to Baghdad International Airport. In just the first two years, the shipments of dollar bills weighed a total of 363 tons. But much of that money was stolen, misappropriated, and simply lost.

RSN/LA Times: Missing Iraq Money May Have Been Stolen