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$60 Billion Lost...In Fraud

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Posted

WASHINGTON -- As much as $60 billion in U.S. funds has been lost to waste and fraud in Iraq and Afghanistan over the past decade through lax oversight of contractors, poor planning and payoffs to warlords and insurgents, an independent panel investigating U.S. wartime spending estimates.

In its final report to Congress, the Commission on Wartime Contracting said the figure could grow as U.S. support for reconstruction projects and programs wanes, leaving both countries to bear the long-term costs of sustaining the schools, medical clinics, barracks, roads and power plants already built with American tax dollars.

Much of the waste and fraud could have been avoided with better planning and more aggressive oversight, the commission said. To avoid repeating the mistakes in Iraq and Afghanistan, government agencies should overhaul the way they award and manage contracts in war zones, the commission recommended.

http://www.huffingto...e_n_942723.html

Amusingly enough, $60 billion was how much the Republicans told us their war would cost all day. That's more like $800 billion - $1 trillion (although some say it will total out to $3 trillion), in case you're curious.

http://www.pbs.org/wgbh/pages/frontline/iraq-war-on-terror/the-iraq-war-how-we-spent-800-billion-and-counting/

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Posted

Of course...the diplomatic embassy came out of state dept funding...like the $250mil that Kerry doled out to Egypt a week or two ago.

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Posted

Just to clarify Delhommey, is this the same gov't that you are so happy to pay more taxes to?

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Posted

Just to clarify Delhommey, is this the same gov't that you are so happy to pay more taxes to?

No, it's the same government he's perfectly fine using YOUR taxes to fund. Anyone naive enough to believe that these levels of fraud/abuse aren't happening within our borders?

As someone said recently...only in America can a 2% cut in the GROWTH of government spending be referred to as draconian.

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Posted

Of course...the diplomatic embassy came out of state dept funding...like the $250mil that Kerry doled out to Egypt a week or two ago.

Kerry gave Egypt total of $39 billion since 1979. What an asshole that guy is.

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Posted

Like I said, we gave them close to 200x that since Carter and Reagan Israel and Egypt have been sucking us dry for decades?. What is the point? Do you have a problem with it now because it's Kerry? Where were you in the past?

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Posted

Where has anyone defended what's been given in the past to these regimes.

Strawman

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Posted

It's your MO. Quit living like you just woke up in 2009

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Posted

Put up or shut up. Otherwise stick to the current issue....which is what most are trying to do when they don't have a hardon for responding to certain posters.

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Posted

Government = Fraud

You don't get one without the other. Every program on every level is tainted with it. That is why we do not need more goverment. Program after program gives you fraud and waste.

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