Wednesday, March 6, 2013

Govt Report: We Wasted a Ton of Money in Iraq


http://talkingpointsmemo.com/news/report-too-much-money-spent-in-iraq-for-too-few-results.php?ref=fpa
Article PhotoWASHINGTON (AP) — Ten years and $60 billion in American taxpayer funds later, Iraq is still so unstable and broken that even its leaders question whether U.S. efforts to rebuild the war-torn nation were worth the cost.
In his final report to Congress, Special Inspector General for Iraq Reconstruction Stuart Bowen’s conclusion was all too clear: Since the invasion a decade ago this month, the U.S. has spent too much money in Iraq for too few results.
The reconstruction effort “grew to a size much larger than was ever anticipated,” Bowen told The Associated Press in a preview of his last audit of U.S. funds spent in Iraq, to be released Wednesday. “Not enough was accomplished for the size of the funds expended.”
In interviews with Bowen, Prime Minister Nouri al-Maliki said the U.S. funding “could have brought great change in Iraq” but fell short too often. “There was misspending of money,” said al-Maliki, a Shiite Muslim whose sect makes up about 60 percent of Iraq’s population.
we know who got rich in Iraq, Cheney/ Bush and  those  who prop up the MIC.  they have been blaming debt on Pres. while convieniently leaving out how much their indiscretions impacted that budget and what had to be spent to sustain to completion.
The abysmal Iraq results forecast what could happen in Afghanistan, where U.S. taxpayers have so far spent $90 billion in reconstruction projects during a 12-year military campaign that, for the most part, ends in 2014.
Shortly after the March 2003 invasion, Congress set up a $2.4 billion fund to help ease the sting of war for Iraqis. It aimed to rebuild Iraq’s water and electricity systems; provide food, health care and governance for its people; and take care of those who were forced from their homes in the fighting. Fewer than six months later, President George W. Bush asked for $20 billion more to further stabilize Iraq and help turn it into an ally that could gain economic independence and reap global investments.
while children here starve mom's dad's lose their homes and jobs but the republicans want to cut their unemployment cause by being jobless caused by the right wing congress denying Pres.'s jobs act, while pushing to spend money on keystone but won't fix that crunbling bridge in Beohners state. and they have no intention of correcting any of the above 2014??