US 'fails to account' for Iraq reconstruction billions, page 1
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Topic started on 27-7-2010 @ 07:04 AM by Extralien

US 'fails to account' for Iraq reconstruction billions


www.bbc.co.uk
A US federal watchdog has criticised the US military for failing to account properly for billions of dollars it received to help rebuild Iraq.

The Special Inspector General for Iraq Reconstruction says the US Department of Defence is unable to account properly for 96% of the money.

Out of just over $9bn (£5.8bn), $8.7bn is unaccounted for, the inspector says.
(visit the link for the full news article)


reply posted on 27-7-2010 @ 11:03 AM by zroth
reply to post by Extralien



I used to get shocked when I read these things but now that trillions are stolen every couple of years, a few billion seems insignificant. /sarcasm

The 104-acre US built compound, bigger than the Vatican, was accounted for I bet.


reply posted on 27-7-2010 @ 11:31 AM by Illusionsaregrander
reply to post by RizeorDie



So now Iraq is just like the US.

Its the same here with our politicians. Only they have to wait til they are out of office to become millionaires and accept their bribes.

We are deeply divided and pretty individually powerless to.

Sounds exactly like the political climate here, only there, the civilians are also being terrorized and murdered with impunity, and they havent started doing that here in the US. Yet.


reply posted on 27-7-2010 @ 11:44 AM by Keyhole
reply to post by Extralien


US 'fails to account' for Iraq reconstruction billions
The Special Inspector General for Iraq Reconstruction says the US Department of Defence is unable to account properly for 96% of the money.

So, .... What is it an account is suppose to do again?

I thought it was to "account" for where money went or is!

You WOULD think our government and the Pentagon would be using the best accountants possible to keep track of tax payer money so they could stretch it further.

The accountants, when they are hired should be told from the day they are hired that they are responsible for tracking all the money given to their department and accounting for where every dollar goes and exactly what it was spent on.

If there are discrepancies, they should be told that they would have to report the discrepancies to the U.S. Government Accountability Office as soon as the problem is found.

U.S. Government Accountability Office
The U.S. Government Accountability Office (GAO) is known as "the investigative arm of Congress" and "the congressional watchdog." GAO supports the Congress in meeting its constitutional responsibilities and helps improve the performance and accountability of the federal government for the benefit of the American people.

If they fail to do so they should be told that charges would be brought up on them immediately as being complicit or negligent in the disappearance/theft of the money.

Maybe if these accountants are held accountable for the money they are suppose to be keeping track of for the taxpayers and are threatened with prison time if they can't account for the money they are responsible for, maybe, just maybe then we will see less stories like this in the news.

[edit on 7/27/2010 by Keyhole]



reply posted on 27-7-2010 @ 01:07 PM by aspx
reply to post by RizeorDie



best explanation i heard, there is truth to it, because the British are trying to buy off the Taliban so the Americans probably want to build mini militiamen groups to create some type of stable country but it really looks messed up

and by the way how much is the government right now lost ? last time i heard it was 1 trillion dollars have been lost plus 5 billion and, the Iraqi war every year comes to about 100 billion loads of money

[edit on 27-7-2010 by aspx]


reply posted on 27-7-2010 @ 01:47 PM by Jakes51
This is absolutely appalling! Although not an isolated incident, but a problem that has reached epidemic proportions. Here is another incident that happened on the eve 9-11 and put on the back burner after that massacre. But another massacre took place at around the same time, and financial one.



Out of sight out of mind I guess? Right now Iraqi civilians are living without electricity for much of the day in sweltering heat, being given substandard health care, and made to live in squalid conditions. Then they have a security nightmare presenting itself leading up to the US withdrawal in 2011 and a bunch of inept politicians out for self-interest instead of an interest in the health and welfare of their country.

Parliamentary elections were held in March and was a great accomplishment. However, Parliament has yet to convene and formally conduct business of governance in Iraq. As a matter of fact, the heads of the two feuding sides have only met last month to personally work out differences and months after the elections. As they bicker with one another on whom assumes the position as Prime Minister, their supporters are murdering each other in the streets. Moreover, we have a military who in my humble opinion is trying to secure the country and have no leadership backing their efforts. They have been targeted by terrorist elements and the warring political factions. In that environment, any efforts made by Iraqi Police and the military is futile!

Like many other stories coming out of Iraq, this one will be put at the bottom of the stack. Moreover, the mainstream media will report on it as sparingly as possible as to not interrupt the President's exit strategy. The war will continue for Iraqis long after the final soldier has boarded the C-150 back home to the United States. As a matter of fact, the President has only personally presided over one cabinet meeting in the past year.


Iraq policy is under the domain of Vice President Joe Biden. White House officials say Biden chairs monthly meetings on Iraq in the White House situation room, and that both he and Obama receive regular reports in the president's daily brief, a secret document provided by top officials.

But Obama has not chaired a meeting on Iraq since last year, and according to one prominent Iraqi political figure, many Iraqis are worried that Biden does not have the clout to coordinate U.S. policy.

Iraq's political class complains of what it sees as often flat-footed responses and a newfound aloofness from Washington. "We don't have a feeling for Mr. Obama, honestly. We don't know him," said Mithal Alusi, a lawmaker in the outgoing parliament who has advocated close ties with the U.S.

articles.latimes.com...

It appears the President has shifted much of his attention to America's other conflict Afghanistan, and Iraq is getting a two-bit effort in terms of support. Vice President Biden is running the show now. Iraq is still unfinished as far as I am concerned. Not only were they bombed into oblivion but its seems a robbery took place by the people tasked with seeing them get back on their feet?

If this latest discovery does not receive attention by Congress, followed by in depth hearings, and an invasive audit of every government agency or private firm tasked with handling these funds and Iraq Reconstruction? Then it is just another strike against the people who are supposed deter corruption, and prosecute white collar crime were ever it presents itself. Heads ought to roll for this one!

The Iraqi people are facing a humanitarian crisis and a severe security situation when the US leaves. This is just another insult to the soldiers who fought and died over there and the American taxpayer. It seems quite predominant these days? This sounds like a heist to me and not your regular run-of-the-mill incompetence. Almost every nickle and dime seems to be unaccounted for? Very disparaging development.

[edit on 27-7-2010 by Jakes51]
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