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Our tax dollars subsidize Junk Food and the Investor Class

January 27, 2012 in 2012 Elections, Food

17 Billion Dollars of Our Tax Dollars!

Our “representatives” in Congress hand  out  taxpayer subsidies to profitable corporations including ADM, Cargill and Monsanto that are pocketing tens of billions in taxpayer dollars and turning subsidized crops like corn into junk food ingredients like high fructose corn syrup. It’s all the more outrageous at a time when one in three kids is overweight or obese, and obesity-related diseases like diabetes are turning into an epidemic.

THEY ALL MUST GO IN 2012!

GO HERE TO STOP THIS RIDICULOUS WASTE OF OUR TAX DOLLARS!

Proclaim the Queen!

    More about the Sherman Antitrust Act and Washington “justice” as it is dispensed today.

    May 15, 2011 in Class War

    The Sherman Act was passed in 1890 and was named after its author, Senator John Sherman, an Ohio Republican, the chairman of the Senate Finance Committee, who was also Rockefeller’s colleague.After being ratified in the Senate on April 8, 1890 by a vote of 51-1, the Sherman Act passed unanimously (242-0) in the House of Representatives on June 20, 1890, and was then signed into law by President Benjamin Harrison on July 2, 1890.

    Despite its name, the Act has fairly little to do with “trusts”. Around the world, what U.S. lawmakers and attorneys call “antitrust” is more commonly known as “competition law.” The purpose of the Act was to oppose the combination of entities that could potentially harm competition, such as monopolies or cartels. Its reference to trusts today is anachronistic. At the time of its passage, the trust was synonymous with monopolistic practice, because the trust was a popular way for monopolists to hold their businesses, and a way for cartel participants to create enforceable agreements.

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    QUEEN’S COMMENTS

    Although this law is still in effect today, our leaders in Washington, for the most part, ignore it. For example, in 1995 the Archer Daniel Midland company  pleaded guilty to price-fixing involving lysine and another substance, citric acid. It paid a $100 million fine.

    Then, in 1998 A federal jury convicted three past and present Archer Daniels Midland Co. executives conspiring with competitors to fix the price of the feed additive lysine.

    Convicted were Michael Andreas, 49, on leave as executive vice president of ADM; Terrance Wilson, 60, retired head of ADM’s corn-processing unit; and former ADM biochemist Mark Whitacre, 41. They faced a maximum three-year prison sentence and at least a $350,000 fine.

    Whitacre, who was serving prison time for embezzling $9 million from ADM, also helped FBI agents collect audio and videotapes of ADM’s dealings Asian and European competitors. After hearing more than six weeks of testimony, the U.S. District Court jury deliberated for more than four days before returning the guilty verdicts. The courtroom was silent as the decision was read.

    Andreas is the son of Dwayne Andreas, the politically connected chairman and founder of ADM, the agribusiness giant based in downstate Decatur that bills itself as “supermarket to the world.”

    Lassar contended that the three ADM executives used the same model that an ADM employee testified had been designed to fix prices for citric acid, a model he said was masterminded by Wilson.

    At the trial, Lassar produced notes and charts that he says prove that ADM agreed that it would have a 27 percent share of the world’s $600 million lysine market in 1994, a target that he says the company hit within tenths of a percentage point.

    “This was a crime of greed a crime by an extremely large corporation that wanted to make even more money at the expense of their customers,” Lassar said.

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    WELL AND GOOD.  WHAT HAPPENED THEN TO DWAYNE ANDREAS  (CEO OF ARCHER DANIEL MIDLAND) FOLLOWING THIS CONVICTION?

    In a nutshell, Archer Daniel Midland [ADM] were let off the hook by testifying against the people they were negotiating with to fix prices.

    Subsequently, Dwayne Andreas stepped down as chief exceutive. Even though these were the largest fines to ever be brought against an American corporation for antitrust violations, it was still small in contrast to the profits that ADM made from the price-fixing scheme. Many of these details were publicly suppressed by the Justice Department as the result of ADM’s cooperation, in addition to the fact that ADM was granted immunity on the charges of price fixing of the high fructose corn syrup. In 1996, a federal grand jury indicted Whitacre, Michael Andreas, Wilson, and the director of Ajinomoto on charges of conspiring to fix the global prices for lysine. Whitacre was also charged with 45 counts of wire fraud, money laundering, conspiracy, obstruction of justice, filing false income tax returns, and interstate transportation of stolen property. He tried to commit suicide as the result of his argument that the government was hurting him, when he cooperated with the FBI all along.

    In March 1998, Whitacre was sentenced to nine years in prison and was ordered to repay $11 million to ADM.[Lesson learned:  you can cheat the American consumer but don't mess with the wealthy investors of a Wall Street Corporation.]  In September 1998, Michael Andreas, Wilson, and Whitacre were convicted of conspiring to fix lysine prices. Although the maximum punishment for such offenses could have been three years in prison and a fine of $350,000, Andreas and Wilson were sentenced to two years in prison and fined $350,000. Whitacre was sentenced to another two and a-half years for the price- fixing.

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    HERE IS THE FINAL SLAP IN THE FACE TO THE AMERICAN TAX PAYERS and consumers :

    In spite of the fact that this company was convicted of violating the Sherman Anti-trust act and its leaders declared common criminals, millions of taxpayer dollars have continued to be handed over to  ADM in the form of agricultural subsidies.

    As a grain trader, ADM dwarfs its farmer suppliers, and is able to dictate the economic terms that suit it. However ADM is less aggressive than Cargill in pushing anti-farmer policies, and has less involvement in the developing world. In fact, it extracts its earnings less from farmers (as Cargill does) than from consumers (through collusion and price-fixing) and from taxpayers. ADM, like the other grain traders, has focused heavily on the accumulation of political power – which is has largely achieved through the personal connections of former chairman and CEO Dwayne Andreas.

    While Cargill has used its political influence to crack open foreign markets, and to push free trade agreements, ADM has lobbied for excessively favourable domestic treatment. ADM is infamous for its ability to obtain corporate welfare – in the form of government subsidies and tax breaks.

    Proclaim the Queen!

      Who are Archer Daniel Midland and what do the American Taxpayer do for them?

      August 21, 2010 in Wall Street

      The billions that we add each year to the coffers for their Wall Street investors as consumers  by purchasing their food products apparently is not enough because ordinary Americans also must make extortion payments in the form of  farm subsidies to these crooks to the tune of several million dollars every year.  Yes, ADM is part of our annual $19 billion taxpayer give-away that we call “farm subsidies” of which only $350 million actually to to small American farmers who still live on the land they farm.

      That’s right.  Archer Daniel Midland, a Wall Street agribusiness, highly profitable and listed on Wall Street has been subsidized, like Monsanto,  by the American taxpayers to the tune of several million dollars a years since it began.

      WHY?  WHY SHOULD ORDINARY AMERICANS BE FORCED TO SPEND OUR TAX MONEY FOR THESE RICH CROOKS?  ADM’S last trade was at $30.23 a share on August 20, 2010 and they need help from ordinary Americans?  Give me a flipping break!  There are a lot of Americans out there who would be grateful to have even $30.23 today.  It is absolutely disgusting to me that elected officials that we send to Congress give ADM even a penny, much less millions of dollars each year.

      AND YES ARCHER DANIEL MIDLAND (ADM) ARE CROOKS.

      ADM is a conglomerate based in Decatur Illinois.  ADM operates more than 270 plants worldwide, where cereal grains and oil seeds  are processed into products used in food, beverage, nutraceutical, industrial and animal feed  markets worldwide.

      IS ARCHER DANIEL MIDLAND A GOOD CITIZEN?  Not by my standards!

      Archer Daniels Midland has been the subject of several major federal lawsuits related to air pollution. In 2001 the company agreed to pay a $1.46 million fine for violating federal and Illinois clean-air regulations at its Decatur feed plant and to spend $1.6 million to reduce air pollution there.

      In 1993, ADM was the subject of a lysine price fixing investigation by the U.S. Justice Department.  Senior ADM executives were indicted on criminal charges for engaging in price-fixing within the international lysine  market. Three of ADM’s top officials, including vice chairman Michael Andreas were eventually sentenced to federal prison in 1999. Moreover, in 1997, the company was fined $100 million, the largest antitrust fine in U.S. history at the time.

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      SO YOU TELL ME, MR. VILSAK, Secretary of Agriculture,  AND MS. BLANCHE LINCOLN,  Chair of the Senate Agriculture Committee, JUST WHY IS IT NECESSARY FOR THE TAX DOLLARS OF ORDINARY AMERICANS TO BE SPENT TO SUBSIDIZE WALL STREET CROOKS LIKE ADM?

      ADM’S revenue for 2009 was in excess of $69 billion.

      WHY THE H  SHOULD ONE CENT OF THE TAX PAYERS MONEY BE SPEND ON THEM?   IT IS ABSOLUTELY NOTHING SHORT OF OBSCENE TO CONTEMPLATE!

      Proclaim the Queen!

        Meet another Wall Street government welfare, environment-destroying hog at the trough–Archer Daniel Midland

        May 27, 2010 in Class War, Wall Street

        Photobucket

        U. S. consumption of palm oil has tripled in the past five years.  Palm oil is used in an estimated 10% of common grocery goods from chips to canned vegetables to shampoo.  Palm oil is implicated in the same health problems that have driven trans fats off the market.  Vast areas of Indonesian rainforest have already been lost to palm oil and Archer Daniel Midland is largely responsible for this.  In addition, just as ADM with its heavily subsidized corn commodities, combined with Clinton’s NAFTA drove 2 million Mexican corn farmers off their land, ADM is doing the same thing in Indonesia.  Oil palm plantations have driven many small landholders from their ancestral lands.

        ARCHER DANIEL MIDLAND ARE CRIMINALS AND YOU KNOW WHAT–You are too if you own Wall Street stock in Archer Daniel Midland.  And you know what–so in Congress because they continue to allow $19 billion dollars of our tax money each year to go to crooks and rich New York “farmers” like Nelson Rockefeller in the guise of farm subsidies.  That’s right $18.5 billion of the $19 billion that annually goes  for farm subsidies goes to the rich Wall Street rats and their investors.

        GO HERE TO CORP WATCH FOR THE COMPLETE STORE ON ADM’S PALM OIL SCAM.  Also be sure to click on the great cartoon created by  Khalil Bendib.

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        Don’t you wonder how many elected officials in Congress own stock in ADM and BP?

        If not, you should.

        Proclaim the Queen!

          REAL SOLUTIONS THAT WORK! NOT MORE OF THE SAME!

          April 7, 2010 in Mexico


          Prison is Sam Johnson’s Solution for the Immigration Problem of Displaced Persons from Mexico in the USA.

          Sam Johnson supports a punitive approach to solving the problem of displaced people from Mexico in our nation. Apparently he is oblivious to the fact that 48% of the population of Texas is Hispanic and don’t like that solution. He voted for H.R. 4437 Border protection, anti-terrorism and illegal immigration control act of 2005. In other words, he supports treating the symptom (the presence of these people in our country) as opposed to the root cause (which is why they are here in the first place: NAFTA and $19 billion a year in farm subsidies for Wall Street Agribusinesses like ADM and Cargill).

          WE NEED NEW AND MORE INTELLIGENT SOLUTIONS IN CONGRESS

          An American Voice: A more intelligent approach is to treat the root causes–NAFTA and farm subsidies to large agribusinesses like ADM. Putting people in jail is a knee jerk solution to immigration problems which in the long run will only create more problems for us. First of all we don’t have enough prisons to hold 12 million human beings. Putting them in prison is not even logistically viable and it will cost taxpayers even more money. Any Hispanic or immigrant who votes for Sam Johnson is voting against their own best interests. Any middle-class voter who votes for Sam Johnson is voting against his or her best interests.

          Our annual $19 billion in taxpayer farm subsidies to large agribusinesses enabled Archer Daniel Midland and Cargill, once NAFTA removed the tariffs that protected the Mexican corn farmer, to go in with their heavily subsidized low prices for corn and put the 2 million Mexican corn farmers out of business. This, of course had a domino on other aspects of the Mexican economy. As a result we have 12 million displaced people from Mexico in our nation today. Prior to the passage of NAFTA in 1994, illegal immigration was stable and had been for years. Nations all over the world have these same problems resulting from unfair trade agreements.

          SOLUTION: Put the protective tariffs back in to protect the Mexican corn farmers and STOP THE WALL STREET HANDOUTS TO LARGE AGRIBUSINESSES. Take al l but $500 million for small US farmers who live on the land they farm and apply the $18.5 billion left for several years to cleaning up the mess that corporate welfare has made in ruining the lives of these people. THEN, after 5 to 10 years stop spending the $18.5 billion and return that to the American people. Remember—our nation, our Congress, created this problem of displaced persons from Mexico. The solution is NOT to put people in prison! Don’t be stupid like Sam Johnson. That will waste even more of our taxpayer money. Of course it will make billions in corporate welfare paid to privatized prison operations.

          Proclaim the Queen!

            Talk about twisted priorities!

            March 9, 2010 in Corporate Greed, Economics and Ideology

            On Tuesday, Senate Republicans — along with some Democrats — defeated a measure to provide $1.3 billion for summer jobs for young people this year and a $1.3 billion extension of enhanced subsidies for poor families with children.

            And yet these same elected officials don’t bat an eye when it comes to voting yea on Farm subsidies EVERY SINGLE YEAR, YEAR IN YEAR OUT,  $19 billion that goes to support Corporate Agribusiness crooks like Archer Daniel Midland (ADM). And yes ADM are convicted criminals.  In 1996 they were convicted of price fixing.  They got off the hook by turning stool pigeon against the people they were approaching to fix prices with.

            Only $350 million of this $19 billion that taxpayers fork over for corporate welfare goes to support small farmers who live on their farms as was the original intent of this bill.

            ONE WORD:  FORGET PARTY.  VOTE INDEPENDENT AND GET THESE CROOKS OUT OF DC.

            http://emmaberry.org

            Proclaim the Queen!

              Referring to Mexican citizens in this country as anything other than “displaced persons” prolongs the problem by not addressing the two root causes: NAFTA and taxpayer subsidies for corporate agribusinesses

              March 5, 2010 in Immigration

              from:  http://emmaberry.org

              Until the elected officials in Washington DC recognize they are, in fact, responsible for the current forced migration of Mexican people in our nation, then the problem and its obvious solution will remain buried from most of the American people.

              This is just one of the reasons why I claim no party–neither Democrat nor Republican,  because I see them both as serving the same Wall Street corporate machine instead of the people who foolishly voted them into office.

              SOLUTION
              1. Renegotiate NAFTA and put the tariffs back in to protect the Mexican Corn farmer.

              2. Stop $18.5 billion dollars every year that Americans are currently paying to convicted crooks like Archer Daniel Midland (ADM) and other large agribusinesses.  [Note:  the number of millionaires receiving farm subsidies rose by 28% when Bush took office.  Ken Lay saw his percentage of total farm subsidies rise by 400%.  --Don't you just wonder if that man ever saw a pair of overalls?]

              3. Use that money recovered from our corporate welfare to clean up the mess that it has caused

              Proclaim the Queen!

                Look at the human misery that government subsidies along with one-sided trade agreements like NAFTA for Mega Corporations like ADM create in countries like Mexico

                February 16, 2010 in Corporate Greed, Foreign Affairs, Justice, Wall Street

                If you don’t understand the relationship between USA and NAFTA,government subsidized Agribusinesses like ADM and Cargill, then watch this video. The people that some call “illegal aliens” from Mexico would better be called “displaced persons.” We all should know that the only substantial social change comes when we change ourselves. We can begin by renegotiating our trade agreements and ending our subsidies to large Wall Street corporations.

                The Archer Daniels Midland Corporation (ADM) has been the most prominent recipient of corporate welfare in recent U.S. history. ADM and its chairman Dwayne Andreas have lavishly fertilized both political parties with millions of dollars in handouts and in return have reaped billion-dollar windfalls from taxpayers and consumers. ADM has cost the American economy billions of dollars since 1980 and has indirectly cost Americans tens of billions of dollars in higher prices and higher taxes over that same period. At least 43 percent of ADM’s annual profits are from products heavily subsidized or protected by the American government. Moreover, every $1 of profits earned by ADM’s corn sweetener operation costs consumers $10, and every $1 of profits earned by its ethanol operation costs taxpayers $30.  SOURCE

                Proclaim the Queen!

                  Our Representatives in Washington could take two steps to address the problem of illegal immigration

                  February 8, 2010 in Class War, Congressional Antics, Mexico, Poverty, The Rich

                  Instead of looking busy.  Instead of pretending to address the problem of illegal immigration with their phony solutions such as border fences which are in fact nothing but more government welfare handouts to large rich corporations who are already draining our nation dry, our elected officials could actually start addressing a few of the root causes of the problem of illegal immigration.  But of course, many of them are on the government dole themselves as professional politicians who have held their offices for 20 or 30 years.  There is often little daylight between them and the corporate government welfare recipients who have been sucking hard on the government teat for 40 years or more.

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                  FIRST STEP:  Eliminate Farm subsidies to the rich and to Corporate Agribusinesses. Limit farm subsidies to the less than 2% of Americans who still live on their land and try to scratch out a living by farming.

                  These  farm  subsidies, government welfare to the rich, distort the market prices.  The billions that we give in farm subsidies to corporate agribusinesses like ADM and Cargill enable them to overproduce a commodity like corn, for example.  Then we taxpayers say–Oh aren’t we lucky! The price for corn is so low. But what happens is that this government welfare for the rich enables the big boys to drive the smaller farmers out of business and this  has happened all across American for the past 30 years.

                  What most of us taxpayers forget that this is OUR MONEY, OUR TAX DOLLARS, that is funding these Wall Street predators and their investors. AND THEY TREAT US LIKE WE ARE THE BEGGARS?  It is the money of ordinary tax-paying Americans like you and I that has enabled the rich to run the small farmers off their land.  It’s not that these corporate agribusinesses have so much “business savvy”, it’s because they have our hard-earned tax dollars that have been handed over to them by our elected officials in DC who are supposed to represent us.

                  Between 1996 and 2002, an average of $16 billion/year was paid by programs authorized by various U.S. farm bills dating back to the Agricultural Adjustment Act of 1933, the Agricultural Act of 1949, and the Commodity Credit Corporation (created in 1933). Source: WIKI

                  Of the close to $1.4 Billion in subsidy payments to farms in Texas, roughly only 18% of the farms receive a portion of the payments. SOURCE

                  The Archer Daniels Midland Corporation (ADM) has been the most prominent recipient of corporate welfare in recent U.S. history. ADM and its chairman Dwayne Andreas have lavishly fertilized both political parties with millions of dollars in handouts and in return have reaped billion-dollar windfalls from taxpayers and consumers. ADM has cost the American economy billions of dollars since 1980 and has indirectly cost Americans tens of billions of dollars in higher prices and higher taxes over that same period. At least 43 percent of ADM’s annual profits are from products heavily subsidized or protected by the American government. Moreover, every $1 of profits earned by ADM’s corn sweetener operation costs consumers $10, and every $1 of profits earned by its ethanol operation costs taxpayers $30.  SOURCE

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                  SECOND STEP:  Renegotiate the NORTH AMERICAN “FREE” TRADE AGREEMENT (NAFTA)

                  NAFTA paved the way to the ruination of the Mexican corn farmers and some would say the ruination of the economies of all of North America.  Prior to the passage of NAFTA illegal immigration from Mexico was not a serious issue.  We had fewer than 2 million illegal immigrants in our country and that number had been stable for years.

                  It was only a year or two after NAFTA came into force on January 1, 1994 that there was a surge in illegal immigration from Mexico to the USA.   NAFTA benefited the large agribusinesses of the US and a few billionaires in Mexico and Canada.  It helped to demolish the economies of both the USA and Mexico for the poor and working classes of both nations.  Today, 16 years later it has even eroded the middle class in our nation.

                  Thus far the ordinary Mexican citizens  have borne the brunt of NAFTA, but we ordinary citizens in the USA are fast catching up.

                  What happened in Mexico was that the market for corn (a staple) was flooded with cheap, government subsidized US corn. Because of NAFTA, the US corporate agribusinesses did not have to pay the tariffs and other import duties that they would have normally been subject to.  It was a big free for all and those of you who owned stock in these big Wall Street Welfare recipients  such as ADM were rewarded with larger dividend payments.  What happened to the small Mexican farmers?  They could not sell their corn because they could not compete with the prices of the U.S. corporate government welfare recipients.  They were eventually forced off their land (over 1.3 million of them).  Many took a hike across the border.

                  There were and are many other impacts that NAFTA had an continues to have on the Mexican economy than to ravage its corn markets.

                  As for us in the USA? Most estimates that I find put the total job loss in the USA that can be attributed to NAFTA at 2 million job.  I personally would put that figure much higher because most of these sources only measure the direct loss such as a factory being dismantled and shipped overseas whereas there were many other losses of jobs and businesses that were in the community where the manufacturing plant was located–grocery stores and other retail stores in the area that went out of business because their customers moved away and those who remained did not have much money.

                  It is clear that the costs to workers outweighed the benefits in all three nations. The process differed from country to country, and given the greater size and wealth of the United States, the impact there has not been as great as it was in Mexico and Canada. But the overall pattern was similar. In each nation, workers’ share of the gains from rising productivity fell and the proportion of income and wealth going to those at the very top of the economic pyramid grew.

                  Americans were promised that NAFTA would generate large numbers of net new good jobs. Instead, over a million jobs that would otherwise have been created were lost, and wages were pressured downward for a large number of workers with less than a college education.

                  Mexican employment did increase, but much of it in low-wage “maquiladora” industries, which the promoters of NAFTA promised would disappear. The agricultural sector was devastated and the share of jobs with no security, no benefits, and no future expanded. The continued willingness every year of hundreds of thousands of Mexican citizens to risk their lives crossing the border to the United States because they cannot make a living at home is in itself testimony to the failure of NAFTA to deliver on the promises of its promoters.”

                  SOURCE

                  Proclaim the Queen!

                    We have two excellent sources for money without raising taxes–sources that could raise trillions of dollars

                    February 6, 2010 in 2011 Blue Dog Pasture, 2011 Republican Pasture, Class War

                    WE DO NOT NEED TO RAISE TAXES ON ANYONE.

                    We can start collecting from the rich deadbeats and closing their loopholes that our elected officials created for them.

                    We need to create laws that stop private equity companies from purchasing companies, running them into the ground with debt, selling them off, firing people and destroying entire neighborhoods.  Most private equity investors should be in jail for what they have done to the American people and continue to do.  And where is our Congress in all this?  They are right beside these crooks, making money with them as they destroy our nation.

                    ACCORDING TO CONGRESSIONAL REPORTS, EVERY YEAR IN THE USA WE HAVE OVER $300 BILLION IN TAXES THAT ARE OWED, BUT NEVER COLLECTED.  WHY? I read that Max Baucus said in 2008 that he was going to do “something” to see that this tax gap is closed.  Well, Mr. Baucus, what exactly have you done in the past year to achieve this goal?

                    Instead of participating in the Democrat and Republican’s dog and pony show where they argue over increasing or reducing taxes, we should DEMAND that they forget their side show and start collecting what is owed now!

                    That’s right folks.  We don’t need to raise anyone’s taxes.  We need to force our elected officials to see that taxes owed are collected from people like Lloyd Blankfein of Goldman Sachs.  ANYONE WHO THINKS THAT IS IS RIGHT FOR GOLDMAN SACHS TO PAY 1% ON THEIR INCOME FOR 2008 IS EITHER A FOOL OR A CRIMINAL.

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                    WE CAN FIND THE MONEY THAT OUR ELECTED OFFICIALS HAVE “LOST” AND DEMAND THAT THE GREEDY WHO LAST HAD IT IN THEIR HANDS RETURN IT. We do know who last had this money and they should be held accountable.

                    In addition to collecting billions in taxes from rich deadbeats, we can also DEMAND that our elected officials find the money that they have “lost”.   YES LOST–or at least that they “claim” is lost.

                    In a previous post I posted a video that featured Donald Rumsfeld, the day before 9/11 talking about how he was going after the Pentagon Bureaucracy.

                    At that time they could not account for $2.3 trillion dollars!    $2.3 trillion dollars!

                    How $2.3 trillion dollars can get “lost” and never be found?  Someone and likely several people know exactly where that money is and I’ll guarantee that at least 2 members from both houses of Congress know who these people are.

                    FURTHERMORE, NOT ONE DAMN DIME SHOULD GO TO PAY ANY PERSON IN THE PENTAGON ABOVE THE LEVEL OF A CLERK WHO WAS EMPLOYED AT THE PENTAGON PRIOR TO AND UP THROUGH 2001 UNTIL THIS MONEY IS “FOUND”. If we start holding people accountable, we might get some answers.  If we make things as financially painful for them as they have for us, perhaps we might get some answers and some real justice for the American taxpayers instead of more of the Democrat/Republican dog and pony show.

                    Nearly $9 billion of money spent on Iraqi reconstruction is unaccounted for because of inefficiencies and bad management, according to a watchdog report published Sunday January 30, 2005

                    An inspector general’s report said the U.S.-led administration that ran Iraq until June 2004 is unable to account for the funds.

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                    THIS FROM THE AMERICAN CONSERVATIVE OCTOBER 24, 2005:  Money for Nothing.  Billions of dollars have disappeared, gone to bribe Iraqis and line contractor’s pockets

                    The American-dominated Coalition Provisional Authority (CPA) could well prove to be the most corrupt administration in history, almost certainly surpassing the widespread fraud of the much-maligned UN Oil for Food Program. At least $20 billion that belonged to the Iraqi people has been wasted, together with hundreds of millions of U.S. taxpayer dollars. Exactly how many billions of additional dollars were squandered, stolen, given away, or simply lost will never be known because the deliberate decision by the CPA not to meter oil exports means that no one will ever know how much revenue was generated during 2003 and 2004.

                    Some of the corruption grew out of the misguided neoconservative agenda for Iraq, which meant that a serious reconstruction effort came second to doling out the spoils to the war’s most fervent supporters. The CPA brought in scores of bright, young true believers who were nearly universally unqualified. Many were recruited through the Heritage Foundation website, where they had posted their résumés. They were paid six-figure salaries out of Iraqi funds, and most served in 90-day rotations before returning home with their war stories. One such volunteer was Simone Ledeen, daughter of leading neoconservative Michael Ledeen. Unable to communicate in Arabic and with no relevant experience or appropriate educational training, she nevertheless became a senior advisor for northern Iraq at the Ministry of Finance in Baghdad. Another was former White House Press Secretary Ari Fleischer’s older brother Michael who, though utterly unqualified, was named director of private-sector development for all of Iraq.

                    Once in Iraq, there was virtually no accountability over how the money was spent. There was also considerable money “off the books,” including as much as $4 billion from illegal oil exports. The CPA and the Iraqi State Oil Marketing Board, which it controlled, made a deliberate decision not to record or “meter” oil exports, an invitation to wholesale fraud and black marketeering.

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                    Ordinary Americans should be mad as hell–but not about the stupid stuff that neo-cons like David Koch with his “Americans for Prosperity” and Tea Bag parties brainwash Americans to focus on such as Obama’s birth certificate or nonsensical accusations as name-calling, accusing Obama of being a socialist.  If they only knew how utterly ignorant and stupid that  they look.

                    If they only knew how completely they are being duped by the very crooks who are robbing them blind–people exactly like David Koch.

                    THE RICH ARE THE GOVERNMENT WELFARE RECIPIENTS WHO ARE RAPING OUR ENVIRONMENT AND ROBBING THE REST OF US BLIND.  It is people like Lloyd Blankfein of  Goldman Sachs and the ultra rich elite who run Monsanto, Cargill, ADM and other multibillion dollar Wall Street Corporations who get the billion dollar taxpayer handouts–not the poor, not the migrants, not even the middle class or working poor.

                    BUT WHAT THESE EVIL VILE PEOPLE AND MANY OF THEM INCUMBENTS IN CONGRESS TODAY DO IS TO PIT US AGAINST ONE ANOTHER SO WE DON’T RISE UP AS THE MAJORITY AND FOCUS ON THEM.

                    WE THE PEOPLE DON’T NEED HANDOUTS.  WE NEED FOR THE RICH TO STOP TAKING THEM AND TO START PAYING THEIR WAY.   THEN OUR DEMOCRACY MIGHT WORK.

                    Proclaim the Queen!