US Vaporizes "Millions" In Cash, Kills 7 Civilians In "Unusual" Strike On ISIS "Bank"

Tyler Durden's picture




 

Back in June of 2014, ISIS - which at the time hadn’t yet rampaged its way into the world’s collective consciousness - took over Mosul, Iraq’s second largest city and home to more than 2 million people.

When the city fell, it became immediately apparent that the group was quite serious about its stated goal of creating a medieval caliphate and bringing Sharia Law to the entire region.

The victory wasn’t purely symbolic. ISIS fighters captured 2,300 Humvees parked in the city and looted more than $400 million from Mosul’s central bank.

Just like that, the brainchild of Abu-Mus'ab al-Zarqawi that grew in post-invasion Iraq and garnered support from regional Sunni benefactors once it began to operate in Syria, was the richest, most well-armed terror group on the planet.

So in the short space of a decade, the US managed to take a largely stable (if autocratic) state and turn it into a smoldering wasteland partially occupied by a brazen group of terrorist desert bandits who Washington and its regional allies were simultaneously using to destabilize neighboring Syria.

Now, two years since the fall of Mosul and five years since the start of Syria’s bloody conflict, the US has come full circle. Washington allowed an al-Qaeda offshoot to grow and prosper in hopes of destabilizing the government in Damascus only to end up fighting the very same group years later in the most hilariously absurd example of blowback the world has ever witnessed.

In the latest boondoggle being pitched by the media as a “win” in the fight against ISIS, a US airstrike destroyed an Islamic State "money center" in Mosul this week.

“We hit a cash storage facility. We have hit one or two previously,” an unnamed official told Newsweek. “Not sure how much dollars but estimate in the millions,” he added.

“The bulk cash distribution site was used by [ISIS] to distribute money to fund terrorist activities,” Lieutenant Commander Ben Tisdale, said in a statement.

We estimate in the millions of dollars ... from all their illicit stuff: oil, looting, extortion,” Tisdale said.

CNN called the strike “extremely unusual” for the apparent blatant disregard shown for civilians. Two 2,000-pound bombs were dropped on the building in central Mosul. “US commanders had been willing to consider up to 50 civilian casualties from the airstrike due to the importance of the target,” CNN said. “But the initial post-attack assessment indicated that perhaps five to seven people were killed.”

"Only" five to seven innocent Iraqis killed. No big deal apparently. It could have been 50.

Here’s a video of the aftermath:

So let’s just recount the ridiculous chain of events that led directly to this strike and countless others.

During the Soviet-Afghan war, the US armed and funded the fighters who would eventually grow into al-Qaeda. Years later, al-Qaeda attacked the US and so the US went to the same country where Washington used to support the fighters to kill them. The US then invaded Iraq, creating the conditions for al-Qaeda to thrive there. Al-Qaeda in Iraq became ISIS and thanks to the fact that the US decimated the Iraqi military, the group was able to take Mosul and steal $400 million. Two years later, the US bombs Mosul and destroys the money.

There you have it America: your taxpayer dollars hard at work in a never-ending cycle of foreign policy blunders.

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Wed, 01/13/2016 - 16:35 | 7042378 Wulfkind
Wulfkind's picture

That's ok ISIS. Mr Yellen will print some more.

Wed, 01/13/2016 - 16:37 | 7042396 BullyBearish
BullyBearish's picture

Banker's confetti filled the air...

Wed, 01/13/2016 - 16:38 | 7042409 Cognitive Dissonance
Cognitive Dissonance's picture

We killed some loot....and some civilians. But it's OK because it's US(A), the closed thing to GOD man ever created.

Wed, 01/13/2016 - 16:45 | 7042451 American Psycho
American Psycho's picture

Since Yellen will not retire some outstanding cash, we sent some bombs to do it for her.  Expect a surge in the USD tomorrow  you know, supply and demand. 

Wed, 01/13/2016 - 17:17 | 7042628 Herd Redirectio...
Herd Redirection Committee's picture

"We SAID BUY US TREASURIES... But no...."

Wed, 01/13/2016 - 17:38 | 7042721 A Nanny Moose
A Nanny Moose's picture

Deflation!!!

 

 

....Bytchez!!!

Wed, 01/13/2016 - 18:12 | 7042870 847328_3527
847328_3527's picture

Poor aiming. They actually meant to hit the Chinese Embassy....again.

 

Nato bombed Chinese deliberately

 

http://www.theguardian.com/world/1999/oct/17/balkans

Wed, 01/13/2016 - 18:14 | 7042878 Tarshatha
Tarshatha's picture

more like distroying evidence.

Wed, 01/13/2016 - 18:32 | 7042940 Mr. Universe
Mr. Universe's picture

Crazy... I mean like, so many positive waves... maybe we can't lose, you're on!

Wed, 01/13/2016 - 19:24 | 7043272 Manthong
Manthong's picture

I’ve got new coordinates for the next strike:

38 deg 55 min 35.10 sec N, 77 deg 02 min 44.74 sec W

They won’t vaporize much cash, but if they time it right, they can splash a bunch of financial terrorists.

Wed, 01/13/2016 - 18:30 | 7042932 Global Douche
Global Douche's picture

I remember that! Wasn't that on Clinton's watch? It made a big splash on the news, then suddenly hushed. Since that time, I've wondered if that's why China was actually GIVEN much really sensitive shit. They with the Russians and Indians now have most of the gold. When America is drained dry, watch the price go really ape! 

Wed, 01/13/2016 - 16:45 | 7042455 RAT005
RAT005's picture

That trick wouldn't have worked in a cashless society. Feds, careful what you wish for ;-)

Wed, 01/13/2016 - 16:48 | 7042474 Wulfkind
Wulfkind's picture

Who would have thought that the first shot of the War On Cash would be fired in Mosul ??

Wed, 01/13/2016 - 17:04 | 7042555 ShorTed
ShorTed's picture

Comment removed

Wed, 01/13/2016 - 17:22 | 7042635 Hooter Shaker
Hooter Shaker's picture

Preview of the great unwind....Create an environment where there are a lot of terrorists and when they get their hands on USD, vaporize it!  Poof!  They're going to need a lot more rich terrorists to make this work.....Oh wait....redefine terrorist as anyone with more cash "than they need".  Easy Peasy...

Wed, 01/13/2016 - 16:50 | 7042483 goldsaver
goldsaver's picture

That's what they get for not joining the Federal Reserve System....

Wed, 01/13/2016 - 17:58 | 7042805 Antifaschistische
Antifaschistische's picture

"city and looted more than $400 million"

you know...if we weren't using FIAT this wouldn't even be physically possible.  

you know....if we weren't using FIAT, the entire world drug trade would also grind to a screeching halt.  

you know, if we weren't using credit invented debt/fiat...the entire US debt would never have passed $1 Trillion, Greece, and Venezuela, and Brazil, and Turkey, and Cypress, and Indonesia, and England, etc...would hever have had currency crisis, and we wouldn't have financial bubbles of any kind.  (the tulip mania...perhaps that was unavoidable.)

Wed, 01/13/2016 - 16:39 | 7042411 Uchtdorf
Uchtdorf's picture

I'm surprised at how little damage two 2-thousand pound bombs actually did. Another lie-filled story?

Wed, 01/13/2016 - 18:12 | 7042869 Dimwit
Dimwit's picture

I think they are reffering to the cost in pounds sterling.

Wed, 01/13/2016 - 18:18 | 7042898 PT
PT's picture

Re “We hit a cash storage facility...", “The bulk cash distribution site was used by [ISIS] to distribute money ...”:

Lemme try two guesses:

1.  They blew up an ATM.

2.  They blew something up.  Surely there was an ATM in there somewhere...

Thu, 01/14/2016 - 04:57 | 7044877 researchfix
researchfix's picture

And two hours before a leaflet: "Go to the bank and bring your money out of harm´s way."

Wed, 01/13/2016 - 16:44 | 7042447 viahj
viahj's picture

"The Deflation, The Deflation"

Wed, 01/13/2016 - 16:49 | 7042476 Charles Wilson
Charles Wilson's picture

"Get the margarine".

 

Wed, 01/13/2016 - 17:08 | 7042588 Quasi
Quasi's picture

Don't worry. FDIC should have this covered.

Wed, 01/13/2016 - 19:28 | 7043291 The Saint
The Saint's picture

It's a dirty job but somebody's got to do it.

Wed, 01/13/2016 - 16:37 | 7042400 Soul Glow
Soul Glow's picture

Bullish for money velocity.

Wed, 01/13/2016 - 16:40 | 7042417 MrNosey
MrNosey's picture
US Vaporizes "Millions" In Cash, Kills 7 Civilians In "Unusual" Strike On ISIS "Bank"

 

 

But they cannot vaporize ISIS?


If you are not a 'DHIMMI' you may be interested in this ......

http://beforeitsnews.com/global-unrest/2016/01/the-lion-is-it-time-to-fi...


 

 

Wed, 01/13/2016 - 16:59 | 7042533 nevertheless
nevertheless's picture

STFU, its not Muslims who are bombing America, it is we who are bombing them. 

 

What illness makes people divorce themselves form reality? 

 

Seriously, have you not heard of Iraq, Syria, Iran, Libya, Egypt, and on and on. How many states have Muslims taken out, hmmm, maybe start with the idiots in texas. 

 

You idiots are absolutely insane, you are devoid of any concept of cause and effect. 

Wed, 01/13/2016 - 17:01 | 7042550 besnook
besnook's picture

they suffer from zionazi disease.

Wed, 01/13/2016 - 17:13 | 7042607 backwaterdogs
backwaterdogs's picture

you have zero sense of history...though will agree, u.s. is entirely to blame for that 20 years of instability.

before that you need to pull your head out of ass....as if...as if those barbarians are any better than the neocons.  they'd gladly nuke texas, the entire west and especially (and gratefully)...YOUR dumb ass.

Wed, 01/13/2016 - 17:19 | 7042640 Totentänzerlied
Totentänzerlied's picture

"zero sense of history"

 "20 years"

Oh the irony.

 

Wed, 01/13/2016 - 17:42 | 7042742 HughBriss
HughBriss's picture

We can't be wrong because 'MURICA!!!  FUCK YEAH!!!

Wed, 01/13/2016 - 17:02 | 7042552 you know they a...
you know they are lying because they are talking's picture

I am really curious how much that "other web site" pays you to advertise for them several times in every article here at Zero Hedge? Really, please tell us how much you make doing that.

Wed, 01/13/2016 - 17:26 | 7042670 NihilistZero
NihilistZero's picture

So ISIS finally commited the cardinal sin.  Keeping money outside the banking system is deeply frowned upon...

I wonder if they'll eventually bust up ISIS for tax evasion.  That's how they got Capone you know...

Wed, 01/13/2016 - 20:59 | 7043741 Ness.
Ness.'s picture

That's how they (I) got Capone you know...

You're Welcome.

 

Ness.

Wed, 01/13/2016 - 17:10 | 7042598 junction
junction's picture

The money and gold were stolen before the bank was bombed.  Rummy at work.

Wed, 01/13/2016 - 17:45 | 7042757 Canadian Dirtlump
Canadian Dirtlump's picture

Here we have the us federal reserve taking "unorthodox monetary policy" to a new level in order to reduce m2.

Wed, 01/13/2016 - 19:50 | 7043423 Perimetr
Perimetr's picture

How does the Pentagon expect ISIS to pay it back if it goes and blows up all the money Washington gave them?

Wed, 01/13/2016 - 16:35 | 7042386 doctor10
doctor10's picture

Hmmm...traceble back to Hillary and the white house was ot?

Wed, 01/13/2016 - 16:36 | 7042389 Fuku Ben
Fuku Ben's picture

The next phase of the war on cash. Bomb banks.

Weddings
Funerals
Hospitals
Banks...

Is there anything left to bomb?

http://www.zerohedge.com/news/2015-11-08/war-cash-advancing-all-fronts-f...

Wed, 01/13/2016 - 16:36 | 7042391 H. Perowne
H. Perowne's picture

Jon Corzine snorts. "Amateurs"

Wed, 01/13/2016 - 16:45 | 7042452 Termin8or
Termin8or's picture

H. Perowne,  you might be on to something.   Let's send Corzine over to help them with thier investments......

Wed, 01/13/2016 - 16:38 | 7042407 Shirley Swanepoel
Shirley Swanepoel's picture

The CIA vaporized it after they looted the gold.

Wed, 01/13/2016 - 21:03 | 7043755 Ness.
Ness.'s picture

Leave the fiat.  Take the Gold.

~ NYFED Chairman Clemenza.

Wed, 01/13/2016 - 16:41 | 7042408 MrNosey
MrNosey's picture

Deleted duplicate post

Wed, 01/13/2016 - 17:27 | 7042678 Baby Bladeface
Baby Bladeface's picture

Delete original post. Then delete account.

Then delete self jumping from bridge span over water cold and icy, swift current, at night...

Wed, 01/13/2016 - 16:40 | 7042419 Collectivism Killz
Collectivism Killz's picture

Lol shit just stays interesting. Gun makers and ISIS are evidently recession proof.

Wed, 01/13/2016 - 16:40 | 7042424 White Mountains
White Mountains's picture

Excellent, you've just caused dozens more youth to swear eternal revenge against the west after you killed their innocent parents, grandparents, friends, wives, brothers, and sisters.

Of course, this is exactly what the powers that be want.  There is alot of money to be made in endless wars killing civilians.

Wed, 01/13/2016 - 16:41 | 7042428 shovelhead
shovelhead's picture

"Where's my 'open new account' free toaster?"

"It's on it's way."

Wed, 01/13/2016 - 17:30 | 7042694 Baby Bladeface
Baby Bladeface's picture

Sorry, free toaster is not. Perhaps interest you in al Qaiderman beach towel?

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