From 2000-2008, the U.S. government awarded at least $6.7 million in contracts to the German firm, Gieseck & Devrient, which specializes in printing currencies. According to the news report linked below, Gieseck & Devrient have been caught printing the bank notes for Zimbabwe's dictatorial regime. The report says that the overprinting of the money has kept the regime afloat, helped it pay off supporters or suppress opposition, and has resulted in destroying the food markets, making investment impossible, and contributing to hunger and disease in the country.
Despite this evidence, the U.S. administration plans to do nothing about it.
To read the article, click here.
For more information on contracting dollars, see www.USAspending.gov or click here for a more detailed breakdown.
