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





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Uploaded on Sep 22, 2010

Fed up with this war that's not making us safer and not worth the cost? Join us at http://facebook.com/RethinkAfghanistan.

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.


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