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Author: EricTaller Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 176917  
Subject: Re: A Post for Liberals Only Date: 1/4/2005 1:08 PM
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From the article:

American Congressional investigators reported in November that Mr. Hussein had made more than $21.3 billion in illegal revenue - more than $13 billion from smuggling and about $7 billion by subverting the oil-for-food program.

Mr. Volcker said there were, without question, problems "in the oil-for-food area."

"But when you look at those $10 billion figures, or $20 billion figures," he said, "most of those numbers are so-called smuggling, much of which was known and taken note of by the Security Council, but not stopped."

Sorry to break up this liberal pity party. But what the article says is that the Oil For Food is only a percentage of the $20B. Which was actually what the Congressional investigators said. It is what I understood.

People on this thread are saying that $1B is not that much for Saddam to steal. People on this thread are wrong about that.
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