Monday, June 09, 2008

Who ya gonna trust?

The United States is holding hostage some $50 billion of Iraq’s money in the Federal Reserve Bank of New York. We've refused to even consider giving them their money until they agree to three conditions:
1) more than fifty permanent U.S. military bases in Iraq;
2) allow American forces to continue to carry out arrests of Iraqi citizens and conduct military campaigns without consultation with the Iraqi government; and,
3) guarantee legal immunity for American soldiers and contractors.

The Federal Reserve holds Iraq’s financial reserves as result of the international sanctions against Saddam Hussein.

What is more, U.S. negotiators are threatening to permanently remove tens of billions of dollars of Iraq’s money as settlement of outstanding court judgments dating back to the 1980s unless Iraq immediately accepts the highly controversial military deal.

U.S. holding Iraqi funds for security deal - U.P.I.

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