Thursday, February 15, 2007
Whoa! Who let this dog out before Friday?
In a shocking report by the three top auditors for Congress, Defense and the effort in Iraq, we get a good look at just how much money was pissed away in Our Dear Embattled Leader's Favorite Shithole.
The U.S. government has squandered as much as $10 billion in public money on Iraq reconstruction aid because of overcharges and unsubstantiated expenses. More is yet to come, federal investigators said Thursday.And just in case you were surprised by the findings, consider this:
The three top auditors overseeing work in Iraq told a House committee their review of $57 billion in Iraq contracts found that Defense and State department officials condoned or allowed repeated work delays, bloated expenses and payments for shoddy work or work never done.
More than one in six dollars charged by U.S. contractors were questionable or unsupported, nearly triple the amount of waste the Government Accountability Office estimated last fall.
Of the $10 billion in overpriced contracts or undocumented costs, more than $2.7 billion were charged by Halliburton Co., the oil-field services company once headed by Vice President Dick Cheney.No wonder they want to prolong the war, it is just too profitable to end now.
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