Squanderage

WASHINGTON - The U.S. occupation authority in Iraq was unable to keep track of nearly $9 billion it transferred to government ministries, which lacked financial controls, security, communications and adequate staff, an inspector general has found.

[. . .]

AP

9 Bil would do a lot for the healthcare system here, maybe get ALL of our kids insured at the least. Instead it finds its way into the pockets of everybody on the Iraq Gravy Train.

Note: Remember, Bremer got the Medal of Freedom for this.

"And did we tell you the name of the game, boy?
We call it riding the gravy train." - Pink Floyd, Have a Cigar

Update: 15:05

Sister's got some good thoughts on this too.