The largest bank in Afghanistan, Da Kabul Bank, is in the process of imploding due in a miasma of corruption and self dealing, as ordinary depositors rush to pull out their money from the institution following a number of stories revealing their corruption:
The Karzai government is corrupt and rotten to the core. Not a single US soldier should die to prop it up. The lie that we are fighting “al–Qaeda” in Afghanistan needs to be exposed. The US and NATO are fighting four or five groups of Pashtun insurgents, some of them until fairly recently US allies. The goal of the fighting is to keep the Karzai government from falling to the guerrillas and to train up an army and police force that could go on defending Kabul. The Afghanistan National Army from all accounts has poor morale. No wonder. What Afghan soldier or policeman would die for a ponzi scheme?
But Juan Cole’s outrage at this was premature, because it is actually worse than he first reported, because after the government seized control of the bank, as the Washington Post hed states, “Officials freeze assets of Kabul Bank shareholders, excepting Karzai’s brother.”
Why we supported his continued corruption, and his election theft, I’ll never know, but enough is enough.
Get out now, because the alternative, replacing him (see Diệm, Jean Baptiste Ngô Đình) just won’t work.