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

January 31st, 2007 | by Ken Grandlund |

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.

[tag]Stuart+Bowen, Iraq+Reconstruction, Waste, Fraud, Bush[/tag]

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  1. 2 Responses to “What’s $3 Billion Between Friends? (Throwing Money Away In Iraq)”

  2. By windspike on Jan 31, 2007 | Reply

    Any time the GIs are driving around trunk loads of dollars to buy allegiances in the desert, it doesn’t bode well for effective tracking and positive expenditure of funds.

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