A 'fraud' bigger than Madoff

The Independent by Patrick Cockburn | Feb. 16, 2009 (News Report)
Senior US soldiers investigated over missing Iraq reconstruction billions

In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn (£88bn) in a US -directed effort to reconstruct Iraq after the fall of Saddam Hussein. The exact sum missing may never be clear, but a report by the US Special Inspector General for Iraq Reconstruction (SIGIR) suggests it may exceed $50bn, making it an even bigger theft than ... Full Story »

Posted by Dwight Rousu

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Kenneth Sibbett
4.0
 by Kenneth Sibbett - Feb. 16, 2009

An article that I've been waiting to read. The author writes what everyone has been saying for years. Bush/Cheney/Rumfeld had no idea what the game plan would be after the invasion. When the looters where overwhelming Iraq, the military did nothing because of lack of leadership. Garner was clueless. What do they do next? Start sending unqualified conservative's who could not even phantom what they were getting into. So what would a smart person do? Start sending billions of dollars with no oversight into a war zone? Theres no excuse if theres not an intense investigation into where Bush and his cronies hid tens of billions of dollars.

While Republicans are on every Sunday talk show crying about spending, Bush/Cheney crippled and bankrupted this country, and they say nothing. Shame.

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Kenneth's Rating

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