Wednesday, February 07, 2007

Another Boondoggle in Iraq

Reuters is reporting that there is no accounting for where $8.8 million of $12 million in Iraqi money that U.S. government was overseeing has gone.

$4 million of it was sent into Iraq in plane loads of cash. We have records of how much it weighed -- 363 tons -- but we have no record of where it went.

Republicans gave an excuse heard every day in America's bankruptcy courts about much smaller sums of money. They said we are doing the best we could do under the circumstances.

4 comments:

Anonymous said...

I enjoy reading your blog.

I would ask that you recheck the 363 tons stat. Those must have been pretty heavy bills........

Bruce Gerencser

Anonymous said...

I hope you will correct this story. Please re-read the Reuters story. All I am trying to do is help you be credible.

Bruce Prescott said...

Thanks for the heads up Bruce,

I've changed the post from "Bremer" said he was doing the best he could do under the circumstances to "Republicans" said we are doing the best we could do under the circumstances.

Michael Westmoreland-White, Ph.D. said...

The hearings on these matters have just begun. Some folks have already been charged with crimes. Before this is done I expect several corporations to also be charged with war profiteering--which then allows the govt. to take your assets.

It's so nice to have oversight finally in place.