http://politicalticker.blogs.cnn.com/2008/04/08/blitzer-iraqis-playing-us-taxpayers-for-suckers/Blitzer: Iraqis playing U.S. taxpayers for 'suckers'?
WASHINGTON (CNN) — Just before and immediately after the U.S. launched its invasion of Iraq, Bush administration officials optimistically predicted that Iraqi oil exports would soon finance the reconstruction of the country. That didn’t happen. U.S. taxpayers were stuck with the literally tens of billions of dollars in bills.
Now, five years later and with the price of oil reaching more than $100 a barrel, Iraqi oil exports are generating huge sums — $56.4 billion this year alone, according to the Government Accountability Office. Senator Carl Levin, the Chairman of the Armed Services Committee, says Iraq now has tens of billions of dollars in surplus funds in their banks and in other accounts around the world, including about $30 billion in U.S. banks right now.
What is this crap, where is Blitzer getting this from?