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IDemo

(16,926 posts)
Mon Jan 11, 2016, 06:04 PM Jan 2016

U.S. bombs 'millions' in ISIS currency holdings

Source: CNN

Washington (CNN)In an extremely unusual airstrike, the U.S. dropped bombs Sunday in central Mosul, Iraq, destroying a building containing huge amounts of cash ISIS was using to pay its troops and for ongoing operations, two U.S. defense officials told CNN.

The officials could not say exactly how much money was there or in what currency, but one described it as "millions."

Two 2,000-pound bombs destroyed the site quickly. But the longstanding impact may be even more significant. The officials said the U.S. plans to strike more financial targets like this one to take away ISIS's ability to function as a state-like entity.

This is a similar expansion to the target list as happened several weeks ago, when U.S. warplanes began hitting ISIS oil trucks.



Read more: http://edition.cnn.com/2016/01/11/politics/us-bombs-millions-isis-currency-supply/index.html



In recent weeks, the U.S. has said it will assess all targets on a case-by-case basis and may be more willing to tolerate civilians casualties for more significant targets. -- On what planet has the US military ever found civilian casualties intolerable?
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U.S. bombs 'millions' in ISIS currency holdings (Original Post) IDemo Jan 2016 OP
I wonder how much of that was flown over Cassiopeia Jan 2016 #1
where are those pictures of the pallets of usa cash Bush jr. sent over? For Todays Bushlovers. Sunlei Jan 2016 #6
My first thought n/t hibbing Jan 2016 #8
You are not alone in thinking this. dixiegrrrrl Jan 2016 #16
Probably none. That was over a decade ago and it's long spent anigbrowl Jan 2016 #20
Good! Qutzupalotl Jan 2016 #2
Naw, we dont' want to attack saudi arabia. Lets embargo them for funding ISIS though. trillion Jan 2016 #22
Leave it to the Pentagon to figure out a way CanonRay Jan 2016 #3
DUZY! redwitch Jan 2016 #4
Someone told me US dollars are the currency used to meet pay and for local purchases.Is that true? Sunlei Jan 2016 #5
So we're bombing our own currency? Nt abelenkpe Jan 2016 #7
could be the currency Assad pays IS when they deliver the oil to his export seaports. The port pu Sunlei Jan 2016 #9
The stolen oil is going to Turkey. CJCRANE Jan 2016 #11
No, I believe Assad Gov. buys oil from the IS. state and they pay in cash. Sunlei Jan 2016 #13
Interesting - if we destroy millions of US dollars that the terrorists have is that equivalent to karynnj Jan 2016 #18
I read a while ago that ISIS is printing its own money... DetlefK Jan 2016 #10
They tried MosheFeingold Jan 2016 #12
Yup. christx30 Jan 2016 #14
Remember this? SansACause Jan 2016 #15
How else are ya gonna launder the CIA drug money??? n/t dixiegrrrrl Jan 2016 #17
Remember when moneybomb was a phrase to describe quick, intense fundraising? FrodosPet Jan 2016 #19
Mosul is still under ISIS control? PersonNumber503602 Jan 2016 #21
they just retool Ramadi and are saying Mosul next target karynnj Jan 2016 #23
 

anigbrowl

(13,889 posts)
20. Probably none. That was over a decade ago and it's long spent
Mon Jan 11, 2016, 10:19 PM
Jan 2016

Iraq's GDP is over $200 billion a year, it's not like there is a shortage of cash in the region for them to plunder. The $10 billion or so that we flew over there back in 2004 is a small amount in the overall scheme of things - I'd imagine most of that financed the Iraqi civil war back in the mid-2000s.

Sunlei

(22,651 posts)
5. Someone told me US dollars are the currency used to meet pay and for local purchases.Is that true?
Mon Jan 11, 2016, 06:20 PM
Jan 2016

Sunlei

(22,651 posts)
9. could be the currency Assad pays IS when they deliver the oil to his export seaports. The port pu
Mon Jan 11, 2016, 06:33 PM
Jan 2016

The seaport Putin now occupies

Maybe it's Russian currency?

karynnj

(59,504 posts)
18. Interesting - if we destroy millions of US dollars that the terrorists have is that equivalent to
Mon Jan 11, 2016, 09:00 PM
Jan 2016

getting it back? After all, the paper money could essentially be reprinted - resulting in exactly the same amount of money as before the hit -- assuming we knew the exact amount.

DetlefK

(16,423 posts)
10. I read a while ago that ISIS is printing its own money...
Mon Jan 11, 2016, 06:39 PM
Jan 2016

They use foreign currency for buying stuff like weapons and they issue their own (worthless) currency to their own fighters.

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