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"A US audit has found that the Pentagon cannot account for over 95 percent of $9.1 billion in Iraq reconstruction money, spotlighting Iraqi complaints that there is little to show for the massive funds pumped into their cash-strapped, war-ravaged nation."

US private security contractors in Iraq, 06/15/09. (photo: Unspecified)
US private security contractors in Iraq, 06/15/09. (photo: Unspecified)

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+6 # Guest 2010-07-28 06:47
Sadly, this is not new news. In 2004, Reuters reported that $8.8 billion in Iraq rebuilding funds had gone missing. The truth is that the perfumed princes who run that five-sided black hole on the Potomac have been wasting and losing track of taxpayers' money for decades. In 2002, Don Rumsfeld admitted that the Pentagon couldn't account for $2.3 TRILLION. That's $8,000 for each and every one of us.

The military has been irresponsible with our money for decades. The Pentagon annually fails its financial audit and its lackeys in Congress just blow it off, letting them get away with it year after year.

It's time we started questioning the patriotism of brass hats who have grown arrogant from War Department budgets so bloated with unneeded dollars that they can't even be bothered to keep track of them.
 
 
+3 # Guest 2010-07-28 10:16
Actually, Rummy made that announcement on 9/10/01. yup, the day before "9/11"
 
 
+4 # Guest 2010-07-28 07:47
I'll bet that if I were managing your money and somehow lost track of 95% of it, you'd be calling it fraud. So why isn't this called fraud? Could it be that there is something peculiar about the people involved? Our government's people! By the way, there was another $9 Billion mislaid somehow earlier in the game.
 

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