Fighting earmarks at home, ignoring lost billions in Iraq
$1.2 billion gone ...our government is allowing, or doesn't know how to stop, rampant war profiteering and outright theft of billions of taxpayer dollars by private contractors.
"Report: Most of $1.2 billion to train Iraqi police unaccounted for....
(CNN) -- The U.S. State Department is unable to account for most of $1.2 billion in funding that it gave to DynCorp International to train Iraqi police, a government report said Tuesday.
(CNN) -- The U.S. State Department is unable to account for most of $1.2 billion in funding that it gave to DynCorp International to train Iraqi police, a government report said Tuesday.
"The bottom line is that State can't account for where it went," said Glenn D. Furbish, who was involved in putting together the 20-page report for the special inspector general for Iraq reconstruction (SIGIR).[..]"
Let's see now, about 4 years ago the Bush Administration lost, then wrote off, $9 Billion of the $12 Billion in American "Cash" that it shipped to Iraq. Read about it here:
"Between April 2003 and June 2004, $12 billion in U.S. currency...was shipped from the Federal Reserve to Baghdad, where it was dispensed by the Coalition Provisional Authority. Some of the cash went to pay for projects and keep ministries afloat, but, incredibly, at least $9 billion has gone missing, unaccounted for, in a frenzy of mismanagement and greed.[..]"
Well ...at least in this new revelation the Bush Administration can account for some of that $1.5 Billion and they know who (DynaCorp) was in receipt of it.
BTW-- if you’re in business with someone and you KNOW that they are cooking the books, you don’t just let them keep on running the operation for you while they find new and more efficient ways to screw you over -- you dump them like a hot potato, you bring charges, you prosecute, you try to recoup some of your losses. You put a stop to it.
As for the other lost and long forgotten $9 Billion in US "Cash" -- none of it has ever been located, nor was any of it ever returned. We don't even know whether this money was ever really delivered to Iraq!
I don't know of any investigations that were ever launched by the White House or the US Congress to track down whatever happened to that mountain of money ...nor have they ever tried to recover it.
Interestingly, or strangely, I haven't heard one peep from any of the 2008 presidential candidates about any of this lost or mismanaged billions of taxpayer dollars ...but they sure do talk a good game of suddenly being so fiscally concerned about the US economy.
So...the State Department is unable to account for most of $1.2 Billion that it gave to DynCorp to train Iraqi soldiers and police ...and the Republicans are Bitching about the Democrats wanting to spend money to help millions of American children.
20 percent of the SCHIP tab just went POOF into thin air, and Bush won't say a word about it.
You know what, bring on the "healthcare for $80,000 incomes" talking points. Bring it on...where would you rather spend your money?
The majority of Americans, 80 percent, would much rather see our tax dollars going to benefit American children, than lining the pockets of some greedy CEO who's going to spend it in Dubai.
I saw on TV that San Diego doesn't have enough cash to fight fires ...a fire chief lashed out, saying if they'd had enough air support in the very beginning, such as tankers, it would have helped control the fires before they burned homes.
Where would you rather spend your money, to help our own people or line the pockets of some greedy DynCorp CEO?
And after losing $9 Billion and another $1.2 Billion, and after vetoing $5 Billion for sick American children, Bush is asking for another $50 Billion for the war.
And Congress will probably give it to him.
And Congress will probably give it to him.
Everyone should read this:
Where's the money? Under the corporate mattress?
In Bahamian real estate?
No wonder KBR (Kellogg Brown & Root) is moving offshore.
