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Old 06-14-2011, 01:20 AM
centsgirl centsgirl is offline
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Default $6 billion dollars missing

The Iraqi and the U.S. governments have been unable to account for more than $6 billion dollars in reconstruction aid the Bush administration literally airlifted into the country.Like America has it to lose,where did it go? Someones pocket?

If the cash proves to have been stolen, the heist could represent "the largest theft of funds in national history," according to a report in the Los Angeles Times. Now that is something for the history books, what else could of happened to it? but it be stolen.

Iraqi officials say it was the U.S. government's job to keep track of the funds, of course it is we have to give the money,and keep track of it, which were brought in as an emergency measure to keep basic infrastructure going after Saddam Hussein's ouster. House Government Reform Committee investigators found in 2005 evidence of "substantial waste, fraud and abuse in the actual spending and disbursement of the Iraqi funds."
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Old 06-14-2011, 12:48 PM
moneysense moneysense is offline
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Default Re: $6 billion dollars missing

Unbelievable. $6B missing? One has to wonder who was supposed to be keeping track of the money and where it went, who is to be held accountable for the loss?

Substantial waste, fraud is what they are saying happened to the money? This makes me wonder if we will ever actually know what happened to it and I doubt that there will ever be arrests made.

This is so disheartening because somewhere along the line, taxes will go up yet again and we the people will be ending up making up for this loss.
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