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Iraq 10 years after
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<blockquote data-quote="The Other Side" data-source="post: 1431843" data-attributes="member: 17969"><p>Another example of REAGANS fine handling of US taxpayer dollars..</p><p></p><p>"By the end of 1983, US$402 million in agriculture department loan guarantees for Iraq were approved. In 1984, this increased to $503 million and reached $1.1 billion in 1988. Between 1983 and 1990, CCC loan guarantees freed up more than $5 billion. Some $2 billion in bad loans, plus interest, ended up having to be covered by US taxpayers."</p><p></p><p>TOS.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 1431843, member: 17969"] Another example of REAGANS fine handling of US taxpayer dollars.. "By the end of 1983, US$402 million in agriculture department loan guarantees for Iraq were approved. In 1984, this increased to $503 million and reached $1.1 billion in 1988. Between 1983 and 1990, CCC loan guarantees freed up more than $5 billion. Some $2 billion in bad loans, plus interest, ended up having to be covered by US taxpayers." TOS. [/QUOTE]
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