Friday, August 20, 2004

Show me da money!

From Reuters via Corrente:

At least $8.8 billion in Iraqi funds that was given to Iraqi ministries by the former U.S.-led authority there cannot be accounted for, according to a draft U.S. audit set for release soon.

The audit by the Coalition Provisional Authority's own Inspector General blasts the CPA for "not providing adequate stewardship" of at least $8.8 billion from the Development Fund for Iraq that was given to Iraqi ministries.

I mean, heck folks, why should you and I be concerned?

Our government just lost $3 down the Iraq rathole for every man, woman and child in America (for a population estimate of the United States, go here) or, better yet, $6.73 for every American taxpayer (for the number of taxpayers in 2003 go here).

Isn't that pretty damned appalling? You and I don't really want to know how much money they've actually accounted for, do we?

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