Barack Obama “Loses” $8.7 Billion Dollars of American Money

Chuck Reagan
• ChristWire
July 28, 2010 7:46 am11 comments

BAGHDAD – A new U.S. audit has revealed that Barack Obama cannot account for over 95 percent of $9.1 billion in money meant for reconstruction in Iraq. These new findings confirm concerns from the Iraqi government that despite alleged US funding, they have little to show for it. There is $8.7 billion missing and Obama is claiming that he does not know where the money went.

Obama is trying to make officials at the Pentagon his ‘fall-guy’. The $8.7 billion is not part of the $53 billion that the Democratic Congress has already given to Iraq for rebuilding. While American suffers, we have over $60 billion of our tax dollars put into Iraq this year, and Obama is claiming that $10 billion of it has just ‘magically’ come up missing.

“Iraq should take legal action to get back this huge amount of money,” said Sabah al-Saedi, chairman of the Parliamentary Integrity Committee. Al-Saedi went on to say that the money “should be spent for rebuilding the country and providing services for this poor nation.”

Without funding to secure basic amenities to life, water and electricity to infrastructure, the future of Iraq remains uncertain. The last elections in the nation were inconclusive. Insurgents remain resolute in their efforts to cause unrest through terror. Only last night, a female suicide bomber killed six and injured dozens more in the holy city of Karbala.

Barack Obama is already losing money in Iraq through poor oversight, and with added corruption, is causing the people of Iraq to suffer. Obama is exploiting the taxpayers of America by ‘losing’ our money and using it for his own greedy ends.

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11 Comments

  • Most of the funds were distributed during the Bush administration, but I didn’t hear you screaming then.

    Also, the President is not responsible for keeping financial records; he’s responsible for governing the nation. The organizations and entites responsible for diseminating the funds are charged with keeping the financial records and reporting back to Congress.

    Can you specify the “greedy ends” you speak of?

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  • “While American suffers, we have over $60 billion of our tax dollars put into Iraq this year, and Obama is claiming that $10 billion of it has just ‘magically’ come up missing.”

    think of it this way : ” you break it you pay for it”. america broke iraq. america pays to fix it. if you can’t deal with that maybe you should have found another playground for your little army huh?
    and as adam said. it’s not obamas personal responsibilty to keep track of this stuff.

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  • It is in Obama’s genetic nature to steal.

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    • oh you mean likem hoe it’s in your genetic nature to be a retardet hypocrit?

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    • Bigotted racist.

      Christianity is a disease that should be wiped from the Earth. It’s not natural; it’s learned.

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    • And you still claim to not be a racist, Adam?

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  • I doubt it was lost, it’s probably burning a hole in some Muslim’s pocket. And seriously, how could you possibly even lose track of that much money? If this happened to any of us in AMERICA we would lose our jobs and be sent to prison. What a fraud.

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    • Aaaarg barg fkdak Obama gak gak hmmmmmmm *moan* wooooooooogft dak.

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    • well then you tell us where the money went. no guess. give us facts. or you’ll go to prison remeber.

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  • What an idiot, the report says between the years 2003 and 2006, who was president? Moron!

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  • hmm it’s why I wonder I never heard of that in the news or any report online sinc ethe rport is 2003-2006 which is BUSH the president

    as for answering Billings well it’s can be still easy to lose millions of Money if the same person or in this case a country has that much ( well not really since they have nothing ) we saw that in a lot of Movie and the actual person only see fire

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