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Iraq
Mosul Seized: Jihadis Loot $429m from City's Central Bank to Make Isis World's Richest Terror Force
2014-06-11
The Islamic State of Iraq and al-Shams (Isis) has become the richest terror group ever after looting 500 billion Iraqi dinars - the equivalent of $429m (256m) - from Mosul's central bank, according to the regional governor.

Nineveh governor Atheel al-Nujaifi confirmed Kurdish televison reports that Isis militants had stolen millions from numerous banks across Mosul. A large quantity of gold bullion is also believed to have been stolen.

Following the siege of the country's second city, the bounty collected by the group has left it richer than al-Qaeda itself and as wealthy as small nations such as Tonga, Kiribati, the Marshall Islands and the Falkland Islands.
Plus, lots of weapons, including Black Hawks. h/t Zerohedge
Posted by:KBK

#20  Vague semi-silver lining, doesn't this unhinge Syria gov a bit?
Posted by: Shipman   2014-06-11 17:07  

#19  Well, Obeama and the fuckwits that support him say terrorism is due to poverty. So I guess this ends terrorism, half a billion $ goes a long way, right? /sarcasm
Posted by: OldSpook   2014-06-11 16:48  

#18  Anyone going to bring up this rousing success of Oblamo's Mid-east policy? I've forgotten, how did Bush leave it?
Posted by: AlanC   2014-06-11 16:00  

#17  So much for 'kinder, gentler' war. Park that one next to 'nation building'.
Posted by: Procopius2k   2014-06-11 15:18  

#16  Dunno Skid. These are the guys who think AQ is a bunch of nancy boys. If they win, we might see a purge rather quickly. Wasn't it ISIS/L who stampede the women and raped the cattle in that Christian town in Syria?
Posted by: swksvolFF   2014-06-11 15:12  

#15  Just when you thought the news could not get worse
Posted by: John Frum   2014-06-11 15:02  

#14  Vietnam(/Cambodia/Laos/Thailand). So in 2 generations we should see a purge of progressives then ideologic apathy, a booming return to class structured capitalism and tolerance of religious diversity?

A costly but interesting experiment. Don't think I'll be around to quantify the results.
Posted by: Skidmark   2014-06-11 14:15  

#13  From the standpoint of U.S. lives lost in two separate Iraqi engagements, this is very, very sad.
Posted by: Besoeker   2014-06-11 14:13  

#12  Looks like all the Jihadist did was cut out the middleman...

Posted by: Black Bart Omereling9062   2014-06-11 13:19  

#11  Map of Iraq showing where AQ in active/ in control
Posted by: frozen al   2014-06-11 13:05  

#10  WaPo: Jihad leader at Mosul former US prisoner
Posted by: Anguper Hupomosing9418   2014-06-11 12:48  

#9  Was thinking the same thing Al. Removed the troops, decline air support and training, quit weapons supplies. Bad guys operating out in the open with impunity.
Posted by: swksvolFF   2014-06-11 12:46  

#8   Sunni insurgents [also] overran parts of the Iraqi city of Tikrit on Wednesday, security sources said. Tikrit is located 150 km (95 miles) north of Baghdad

more important than the helicopter (which they probably don't know how to fly), they captured thousands of vehicles, the same vehicles the Iraqi army uses.

This is looking like Vietnam 1974-75.

Al
Posted by: frozen al   2014-06-11 12:42  

#7  So, how's that Status of Forces Agreement working out? Oh, wait, never mind.
Posted by: Procopius2k   2014-06-11 12:34  

#6  But here they have it up front in hand; if key people were paid off for Mosul then they have some grease to play with. Money and material east into what looks to be a soft Iraq, or west to press Assad, maybe order some Chinese takeout and new shoes.

Capturing the opponents horses does no good if you don't know how to ride them, it does prevent the other side from having its cavalry. Parts and maintenance capability for the vehicles though I could imagine a spearhead or suicide mission using vehicles and uniforms. Anti-aircraft, anti-tank weapons captured I think would be a consideration.

What a mess.
Posted by: swksvolFF   2014-06-11 12:32  

#5  I would hope that when Hillary's name appears on the ballot, voters will remember Benghazi and her (and Champ's) wildly successful (SARC)" foreign policy disasterous policies that has have resulted in this Mideast meltdown. She never has been available for that 3:00 a.m. phone call.
Posted by: JohnQC   2014-06-11 12:03  

#4  the equivalent of $429m

Compared to what Paleos get every year, this is peanuts.
Posted by: g(r)omgoru   2014-06-11 11:43  

#3  The ZH article from yesterday on the helicopters is also worth reading.
Posted by: KBK   2014-06-11 11:42  

#2  Wasn't 'Isis' the Egyptian god of Fertility or something?
Posted by: CrazyFool   2014-06-11 11:33  

#1  s/Fo/Force/

Posted by: KBK   2014-06-11 11:22  

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