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2.05.2007

What's $3 Billion Between Friends? (Throwing Money Away In Iraq)

As President Bush prepares to ask Congress to throw another $1.2 billion dollars into the gaping maw that is the Iraq Reconstruction Fund, a recent report from the independent Special Inspector General for Iraq Reconstruction shows that at least $3 Billion has been wasted in such efforts since US demolition reconstruction efforts began in 2003.

Highlighted in the report are the following:

There's the $43.8 million spent on a temporary police training camp that has never even been used.

There's the $36.4 million for armored vehicles, body armor, and weapons that no one seems able to account for.

There's the $73 million facility built to train Iraqi security forces that has massive expansion cracks in the walls and trickling sewage from ceilings.

This does not even include all the billions stolen by shady civilian contractors who have been hired to perform certain services for the troops- there's plenty of billions down the drain there too.

But of course, in the mind of the President, where all is well in Iraq (or at least was until around November 2006) and getting better by the day, what's a few more billion unaccounted dollars between friends. After all, this Iraq war was all about generating massive corporate profits for the Military Industrial Complex and their derivatives, not about anything so noble as spreading democracy or making the world a safer place.

posted by Ken Grandlund @ 7:48 AM  

If you enjoy reading articles on Common Sense, you may want to visit Bring It On! where Ken Grandlund is a contributing author several days a week.

3 Comments:

At 5:20 PM, Blogger George said...

It is pretty sad that Bush thinks he has a blank check when it comes to Iraq, but what is even worse is that the Congress has given him every reason to think that. Hopefully the new Democrat led Congress will finally shut off the money spigot and tell Bush that he isn't the ruler of the United States and checks and balances really means something.

 
At 12:04 PM, Anonymous the daily phosdex said...

Same old flawed logic of low tax rates=Prosperity for All that conservatives can't seem to acknowledge as failure.

And Another Thing:

How sure are they when they think that, by keeping tax rates hilariously low, employers will be pressured "out of the goodness of their hearts" to create jobs for such who, it turns out, lack credible or realistic job skills in the first place?

 
At 4:11 AM, Anonymous Jon said...

Daily,

It is you that is hilarious, taxes are supposed to be low, we fought a war over too high taxes or have you forgotten what the Revolutionary War was about. The government should only collect the amount of taxes needed and it shouldn't unfairly burdon one segment of the population over another just to satisfy its politcal ideology (Democrats should follow this a lot more carefully).

 

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