Another Bank Bailout...for Afghan President Hamid Karzai's Cronies

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Kabul Bank--under the stewardship of the brothers of the president and vice president of Afghanistan--was a piggy bank for Karzai cronies. The bank made loans to buy resort homes in Dubai to be used by family and connections for Afghanistan's most corrupt politicians. Dubai's housing crash cost the bank hundreds of millions of dollars and exposed their fraud.

As the bank that handles the salaries for the Afghan government and security forces, Afghanistan can't afford to let it fail, but neither can they afford to bail it out. That means, according to white collar crime expert Bill Black, that the U.S. government will likely try to bail it out in secret by funnelling money through the Kabul government.

The corruption of Hamid Karzai and our other "partners" in the Kabul government isn't worth one more taxpayer dollar or the life of another U.S. troop. It's time to change course and end this war.

If you're fed up with this brutal, costly war that's not making us safer, join us at http://facebook.com/RethinkAfghanistan.

Category:

News & Politics

Tags:

• Afghanistan
• Rethink Afghanistan
• Brave New Foundation
• Robert Greenwald
• Bill Black
• William Black
• Capitalism: A Love Story
• Hamid Karzai
• Mahmoud Karzai
• Mohammed Qasim Fahim
• Kabul Bank
• Kabulbank
• bailout
• fraud
• housing bubble
• Dubai
• Palm Jumierah
• corruption
• war in Afghanistan
• Afghanistan war
• counterinsurgency
• Afghan National Army

[PASHTONYAR]

Thankyou rethink Afghanistan, I hope Karzai and his crew had a penny worth of dignity, they have sold the dignity of Afghanistan orphans, widows and martyrs.

[rethinkafghanistan]

@PASHTONYAR Thanks for watching, Pashtonyar. We are working hard to get this message out. Please share it with your friends.

[trickmisterthird3]

Don't particularly care about the paper, what about all those men getting killed over there, that is the real tax to the American U.S. taxpayer.

[zidanefk]

fuck off u man

[Karzaitalebzai]

احمد ولی کرزی د ناراض وروڼو په لاس مړ شو . دکرزی ورور په داسی حال مړشو چه په ملیونونو ډالر له کابل بانک نه ایستلی او دوبی ته هستولی دې. او حامد کرزی د خلکو پیسی اود بانک پور د مالیی وزارت د پیسی نه چه د خلکو شتمنی او د بی وزلو پیسی وې ورکړې دی .

خدای دې دا د فساد او د تریاک سوداګر کورنی برباد او نابوده کی . دا کورنی پرته له تریاک قاچاق او د دولت د پیسی غلا په لس ګونو نور جنایی اعمال لاس پوری کوی. د افغانستان د خلکوپه سرنوشت معاملی د پاکستانیانو او ایرانی ملا یانو سره مټ نمونه د خروار دی.

[Arvprince]

Yeah you are truely right I agree with you Karzai is the biggest drug traffic in Afghanistan and there's no doubt that he has his part in the accident of Kabul bank with Pashtoons the fathers of Taliban we will never have a peaceful Afghanistan this is the fact and logic ..

[karzaikharzai1]

د حامد کرزی مخ بیا تورشو د کابل بانک رییس ویلی دی چی کرزی پی انتخاباتو کی ملیونونو ډالر رشوت ورکړی او ۷۰ نوی موټر د کمپاین ټیم لپاری اخستی دی. او کرزی او د ده ورور په ملیونونو ډالر له کابل بانک نی ایستلی دوبی ته هستولی دې . کرزی پخپل ځان باندی باور نه شی کولای او ځان د تښتی لپاری اماده کوی. کرزی خپل د غلی پیسی له افغانستان نه باسی ویل کیږی چی خپل کشر ورور هم دوبی ته هسولی دی.

[nowthatsinteresting1]

Corruption isn't just something that happens in the third world. The corruption happens because of the corrupting influence of western governments/corporations. Sorry, but its OUR FAULT... Look at Africa, the middle east, south america - look at the arms trade anywhere in the world - look at anywhere we in the west have business interests.

[17xrz2ns]

ya this s right that polititions in afghanistan r takin money of afghan s people,,needy people money bt its nt just karzai there r alot of other dogs sittin on those posts which they dnt deserve so think far,,,n that american guy,,,when america gave those money to afghanistan half of the money disapear b4 it reaches afghanistan so he shouldnt say anythin,,,i m not supportin karzai either bt 1 FACT is that he s PASHTUN n that y most of people dnt like him,,think about this n tell me,,