meehawl

all that is solid melts into air, all that is holy is profaned

Rush For the Exits!

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The Coalition Provisional Authority is committing billions of dollars to ill-conceived projects just before it dissolves … the U.S.-controlled Program Review Board in charge of managing Iraq’s finances recently approved the expenditure of nearly $2 billion dollars in Iraqi funds for reconstruction projects … The UN Security Council resolution passed on June 8 requires the new government to satisfy all outstanding obligations … made before June 30, leaving the new interim Iraqi government with no choice but to honor the … expenditures.

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