View Full Version : Explain this.

07-30-2010, 04:09 AM
link (http://colgene.joeuser.com/article/131895/8_Billion_Dollars_MISSING_from_Iraq_Reconstruction _Money)

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style='font-size: 20pt'> Published on September 29, 2006</span> By COL Gene

The Chief auditor for the Iraq Reconstruction revealed this week that $ 8 of the $21 Billion that Congress appropriated to help rebuild the infrastructure in Iraq can not be located or accounted for by the Bush Administration. At the same time a police academy that was built in Baghdad for $78 Million is so defective much of the building can not be used and must be torn down. Halliburton was awarded NO BID contracts at a time when they were being investigated for gross overcharging the government for earlier contracts. Contracts for the most part were only awarded to owners that were Republican.

The number and size of the fraud and unaccounted for dollars under the Bush administration in Iraq is beyond belief. Despite the release of this information by the chief auditor, we see NO MOVE by Congress to look into these contracts. In one of my other Blogs one of the Bush zombies said that nothing Bush has done harmed the blogger. My answer was he was too stupid to realize just how Bush has harmed him and most other Americans. Here is a specific example</div></div>

Guess what.
not again? (http://www.politicsdaily.com/2010/07/27/pentagon-cant-account-for-8-billion-in-iraq-audit-finds/print/)
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">
Pentagon Can't Account for $8 Billion In Iraq, Audit Finds
Christopher Weber
<span style='font-size: 20pt'>07/27/10</span>
Defense Department record keeping is so shoddy that $8.7 billion out of $9.1 billion in Iraqi oil revenue entrusted to the Pentagon for reconstruction and other spending is unaccounted for, according to an audit obtained by The Los Angeles Times.

Of the lost $8.7 billion, there are no records whatsoever for $2.6 billion in construction expenditure. The rest of the money is difficult to trace because it wasn't deposited in special accounts as required under Treasury Department rules, the Times reported.

The audit was performed by the Special Inspector General for Iraq Reconstruction, which is responsible for monitoring U.S. spending in Iraq since 2004. </div></div>

....and this.........2.3 TRILLION DOLLARS!!!!

a matter of life and death (http://www.youtube.com/watch?v=3kpWqdPMjmo&feature=related)

<span style='font-size: 20pt'>2.3 TRILLION DOLLARS!!!! </span>

Its comical to watch the fiscal responsible dance of the GOP these days. The hypocrisy is astounding.


07-30-2010, 05:24 AM
That's an easy one ... we trust the state with too much money and as a people give them too little oversight.


07-30-2010, 07:15 AM
Why are you blaming the GOP for the loss in 2010?


07-31-2010, 01:57 AM
How long does it take to do an audit? 5 minutes.........dimwit.


07-31-2010, 05:15 AM
A prime example why the federal government should not be trusted to anything right.

Cant wait to see what happens when that Healthcare Law and Finance reform Law fully kick in.

Talk about money that is going to go missing.

07-31-2010, 05:55 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body">How long does it take to do an audit? 5 minutes.........dimwit.

Q </div></div>

Tell the truth ... you obviously don't even know what an audit is.