The GAO Report on Iraq spending
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02-15-2007, 05:22 PM
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The GAO Report on Iraq spending
It just puts on paper what we already knew. This is how tax-payers dollars are being used...for the increased profits of a few. I’m sure the reports lists the usual suspects like:
Blackwater (Damn Mercenaries!) – whose owner has ties to the conservative right. Halliburton/KBR – Cheney Caci etc, etc… Excerpts: The U.S. government is at risk of squandering significantly more money in an Iraq war and reconstruction effort that has already wasted, overcharged or poorly tracked $10 billion in taxpayer money, federal investigators said Thursday. …Found overpricing and waste in Iraq contracts amounting to $4.9 billion since the Defense Contract Audit Agency began its work in 2003, although some of that money has since been recovered. Another $5.1 billion in expenses were charged without proper documentation. http://news.yahoo.com/s/ap/20070215/...86fjJUGCF2wPIE |
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02-15-2007, 08:13 PM
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Remember the words of MAJOR GENERAL SMEDLEY BUTLER
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