15 billion unaccounted for

[evince]

http://www.washingtonpost.com/wp-dyn/content/article/2008/05/22/AR2008052203751_pf.html


Spending On Iraq Poorly Tracked
Audit Faults Accounting for $15 Billion in Work

By Dana Hedgpeth
Washington Post Staff Writer
Friday, May 23, 2008; D01



The inspector general for the Defense Department said yesterday that the Pentagon cannot account for almost $15 billion worth of goods and services ranging from trucks, bottled water and mattresses to rocket-propelled grenades and machine guns that were bought from contractors in the Iraq reconstruction effort.

The Pentagon did not have the proper documentation, including receipts, vouchers, signatures, invoices or other paperwork, for $7.8 billion that American and Iraqi contractors were paid for phones, folders, paint, blankets, Nissan trucks, laundry services and other items, according to a 69-page audit released to the House Committee on Oversight and Government Reform.

 

[Beefy]

I gotta stop paying taxes to these incompetent motherfuckers.

 

[evince]

Well if we had some oversight for the last decade or so we could stop a good bit of this fraud on the American people.

No more wars for profit.

 

[blackascoal]

Well if we had some oversight for the last decade or so we could stop a good bit of this fraud on the American people.

No more wars for profit.

How about no more fake staged "terror attacks" for profit either.

 

[uscitizen]

Hey the wright wingers don't care as long as this money did not go into domestic social programs. They would scream if it went in something that actually benefitted the USA.

 

[PorterM]

I gotta stop paying taxes to these incompetent motherfuckers.

What you need to do is to stop electing people that want to raise taxes? You can read into that whatever you wish.

 

[evince]

http://news.bbc.co.uk/2/hi/americas/7416253.stm

No Poter what we need to do is force our government to do our bidding instead of using our tax dollars to line the pockets of our corporations while our kids bleed to deatrh to make acover for them.

Why the Fuck anyone voted for Bush even once is beyond me.

 

[evince]

US spending in Iraq ignored rules

The payments were for goods such as trucks and bottled water for troops
An audit of some $8bn (£4bn) paid to US and Iraqi contractors has found that almost every payment failed to comply with US laws aimed at preventing fraud.

In one instance, $11m was paid to a US company without any record of what goods or services were provided, the US defence department audit said.

US spending of another $1.8bn in seized Iraqi assets was also poorly handled.

The findings, covering the period from 2001 to 2006, will fuel anti-war Democrats' claims of mismanagement.

They accuse the Bush administration of relying too heavily on contractors to run the Iraq war and paying too little attention to problems of corruption and fraud.

 

[uscitizen]

Rules ? Rules are only for the little people and liberals.