Tuesday, July 03, 2012

Dick Cheney Living Large Off of Iraqi Oil Money

Wait.  Whoops.  Got the story wrong.  Iraq is building out its electrical grid and feeding the Iraqi people with that oil money.
Increased oil revenues have allowed Iraq to add around $9 billion to its 2012 budget bringing the total budget for the year to above $110 billion, a government spokesman said Tuesday.
Ali Al Dabbagh said in a statement the cabinet approved a budget increase of 10.875 trillion Iraqi dinars during a meeting held Tuesday in Baghdad.
Of the newly added money, some IQD2 trillion would go to badly needed power projects, IQD1.4 trillion would be allocated for foodstuffs that come within the food ration basket distributed by the government to Iraqis, IQD1 trillion for the ministry of defense and IQD830 billion as compensation to Kuwait for the Iraq war in 1990, Mr. Dabbagh said.
My bad.  I had heard so often that Cheney was single-handed stealing Iraqi oil money that I just believed it was all stuffed into the floor boards in his cottage in Wyoming...

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