Wednesday, June 11, 2008

23 Billion Dollars LOST in Iraq: BBC Uncovers it, US Gags It

Click the link above for must-read news. The disasters keep on coming: when it rains, it pours.
This war, the Bush-Cheney War, is turning out to be the absolute worst debacle in every respect ever perpetrated by anyone on the US - they beat out al-Qaeda by a long shot.
While Presdient George W Bush remains in the White House, it is unlikely
the gagging orders will be lifted.
To date, no major US contractor faces
trial for fraud or mismanagement in Iraq.
The president's Democratic
opponents are keeping up the pressure over war profiteering in Iraq.
Henry Waxman, who chairs the House committee on oversight and government reform, said:
"The money that's gone into waste, fraud and abuse under these contracts is just
so outrageous, it's egregious.
"It may well turn out to be the largest war profiteering in history."
In the run-up to the invasion, one of the most senior officials in charge of procurement in the Pentagon objected to a contract potentially worth $7bn that was given to Halliburton, a Texan company which used to be run by Dick Cheney before he became vice-president.
Read it and weep...

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