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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAs Sequester Pinches Pennies, Iraq Reconstruction Audit Reveals $60 BILLION In ‘Botched’ Efforts
Thats right, $60 billion on buildings that never got built, crony contracts that lined pockets without anything getting done; bribes, kickbacks, luxury items, aborted projects and just general mismanagement, fraud and an obscene waste of U.S. taxpayer dollars. This at a time when some Americans arent getting their paychecks, services are being cut, and workers are losing precious hours, amongst many other belt-tightening measures currently being implemented.
$60 billion.
Stuart Bowen is the Special Inspector General for Iraq Reconstruction (SIGIR) and his audit came out this week, just as were nearing the 10th anniversary of the Iraq invasion. And what he found was disturbing at the very least. From Danger Room|Wired:
$8 billion of that money wasted outright. And thats a conservative estimate, Bowen tells Danger Room.
We couldnt look at every project thats impossible but our audits show a lack of accountability, Bowen says. We are not well structured to carry out stability and reconstruction operations.
That isnt nearly the whole story of the Iraq Wars expense. Bowen is only looking at reconstruction money, not the cost of military operations in Iraq, which totaled over $800 billion. But on Wednesday, Bowens office released a mammoth, final report into the botched reconstruction, which cost the U.S. taxpayers, on average, $15 million every day from 2003 to 2012 all for dubious gain.
It turns out there wasnt just one way to waste all that money. Some projects got started and never finished, like a prison in Diyala province, shown above, that languishes unbuilt nearly nine years after the government spent $40 million to build it. Other contracts went to cronies: the top contracting officer in Hilla awarded $8.6 million to a contractor, Philip Bloom, in exchange for bribes and kickbacks, expensive vehicles, business-class airline tickets, computers, jewelry, and other items. Still others got needless cash infusions: one unspecified school requested $10,000 for refurbishments and got $70,000. Government contracting databases didnt even have an information management system that keeps track of everything built, Bowen recounts.
$60 billion.
Stuart Bowen is the Special Inspector General for Iraq Reconstruction (SIGIR) and his audit came out this week, just as were nearing the 10th anniversary of the Iraq invasion. And what he found was disturbing at the very least. From Danger Room|Wired:
$8 billion of that money wasted outright. And thats a conservative estimate, Bowen tells Danger Room.
We couldnt look at every project thats impossible but our audits show a lack of accountability, Bowen says. We are not well structured to carry out stability and reconstruction operations.
That isnt nearly the whole story of the Iraq Wars expense. Bowen is only looking at reconstruction money, not the cost of military operations in Iraq, which totaled over $800 billion. But on Wednesday, Bowens office released a mammoth, final report into the botched reconstruction, which cost the U.S. taxpayers, on average, $15 million every day from 2003 to 2012 all for dubious gain.
It turns out there wasnt just one way to waste all that money. Some projects got started and never finished, like a prison in Diyala province, shown above, that languishes unbuilt nearly nine years after the government spent $40 million to build it. Other contracts went to cronies: the top contracting officer in Hilla awarded $8.6 million to a contractor, Philip Bloom, in exchange for bribes and kickbacks, expensive vehicles, business-class airline tickets, computers, jewelry, and other items. Still others got needless cash infusions: one unspecified school requested $10,000 for refurbishments and got $70,000. Government contracting databases didnt even have an information management system that keeps track of everything built, Bowen recounts.
http://www.addictinginfo.org/2013/03/07/as-sequester-pinches-pennies-iraq-reconstruction-audit-reveals-60-billion-in-botched-efforts/
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As Sequester Pinches Pennies, Iraq Reconstruction Audit Reveals $60 BILLION In ‘Botched’ Efforts (Original Post)
octoberlib
Mar 2013
OP
aquart
(69,014 posts)1. Let me guess: Halliburton?
octoberlib
(14,971 posts)2. That would be my guess too. nt
pansypoo53219
(20,978 posts)3. georgee + cheeney can each pay the govt 30 bill to cover THAT bill.
HiPointDem
(20,729 posts)4. kr
mazzarro
(3,450 posts)5. In the overall scheme, this is crumbs - IMO
I will guesstimate that the total waste - military, reconstruction and etc - for the Shrub's fake Iraq war to be around $250 billion that was pilfered off into the pockets of the people that led the clamor for the war. It was and continue to be a shame that no effort was and will be made to hold anyone accountable somehow! The absence of accountability is the driving force, IMO, that permits the continued advocation for another war - this time with Iran - which I vehemently oppose.