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US holds 50bil of Iraqi money hostage to continue occupation

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Uploaded by on Jun 9, 2008

Remember the good old days, when we were talking about democracy and freedom?

US Holds $50 Billion of Iraq's Financial Reserves Hostage

The Independent of London reports the United States is holding hostage some $50 billion of Iraq's money in the Federal Reserve Bank of New York to pressure the Iraqi government into signing an agreement to prolong the US occupation indefinitely. Patrick Cockburn reports the Federal Reserve continues to hold Iraq's financial reserves as a legacy of the international sanctions against Saddam Hussein. US negotiators are threatening to remove tens of billions of dollars of Iraq's money to settle outstanding court judgments dating back to the 1980s unless Iraq accepts the highly controversial military deal. The deal would allow the US to permanently keep more than fifty military bases in Iraq. American forces would also be able to continue to carry out arrests of Iraqi citizens and conduct military campaigns without consultation with the Iraqi government. American soldiers and contractors will enjoy legal immunity.

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  • To Iraqi people: The nazi U.S trying to colonize you with its military bases so that they can CONTROL your PUPPET leader and your OIL. Use whatever method you can to prevent the nazi occupier from controling,profitting one drop of your oil.

  • grab some rope, we've got some traitorous warprofiteers to hang

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All Comments (75)

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  • Tigris , Why do we have so many of your people here and in Canada ?

    They like freedom !!!!!!!!!!!!!!!

  • NATO- NORTH ATLANTIC TERRORIST ORGANISATION .. COPY AND PASTE"

  • NATO- NORTH ATLANTIC TERRORIST ORGANISATION .. COPY AND PASTE

  • let them take our money. but we will never ever let them stay on our land to the last drop of blood

  • I hope that the people of Iraq enjoy their freedom!

  • it really bothers muslim guythat their stranglehold on women might be threatened doesn't it

  • FREESpeechTV!!!

    i used to watch it all the time.

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