Just for the record, this is not an America bashing blog. I just like to share interesting facts that might change opinions that people have about the "world superpower".
BBC reported today that 96% of the 9 BILLION dollars that the US government awarded to the Iraqi government in reconstruction efforts is unaccounted for. A whopping $8.7 billion dollars goes missing and no one knows where?!
You would think that with all the corporate big whigs and great financial cream of the crops that exist in that side of the world, the American defense would hire a decent accountant to handle this job diligently.
Of course, all the funds were spent during the 2004-2007 time frame. Hail Republicans!! Isn't this the very party that promotes freedom of capitalism and a non regulated government? Oh why yes it is! Of course they would want deregulation in all sectors concerned with any kinds of financing. They are incapable of handling the tax payers money in a responsible manner. I am infuriated that they vote against government aided programs for the unemployed and needy of their own country when they have little value and show utter recklessness towards public funding.
Most of Obama administration critics have a problem with his policy because they believe in respecting corporate privacy and don't believe that government should be completely transparent.
Well, I think we can all see what that leads to. I paid thousands of dollars in taxes in that time period just like millions of Americans, and I deserve to know, what'd you do with my money Big Brother?!
2 comments:
Yeah, I don't understand how they did not hire an accountant out there... or they didddddd... and that accountant was more concerened with his/her bank account!!! I dont know where the ethics go for these professionals, out the window apparently.
However, I thought this $9 billion dollars was made in Iraq thought sale of Iraqi oil and frozen assets of Saddam Hussein-era? confused... explain :)
They said "much of the money" came from Iraqi oil and frozen assets. That still means most of it came from Americas taxpayers.
They come up with dozens of excuses to make the American populace feel better about their funds gone missing. Errr, ignorant people will still not understand why this war is nothing but a great way for a whole bunch of people to get wealthy at the cost of people like you and me and innocent Iraqis.
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