Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

meegbear

(25,438 posts)
Wed Mar 6, 2013, 12:05 PM Mar 2013

Govt Report: We Wasted a Ton of Money in Iraq

Source: AP / TalkingPointsMemo.com

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.

Iraqi Parliament Speaker Osama al-Nujaifi, the country’s top Sunni Muslim official, told auditors that the rebuilding efforts “had unfavorable outcomes in general.” “You think if you throw money at a problem, you can fix it,” Kurdish government official Qubad Talabani, son of Iraqi president Jalal Talabani, told auditors. “It was just not strategic thinking.”

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.

<snip>

Read more: http://talkingpointsmemo.com/news/report-too-much-money-spent-in-iraq-for-too-few-results.php?ref=fpa



I'm SHOCKED! SHOCKED I tells'yah!
79 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Govt Report: We Wasted a Ton of Money in Iraq (Original Post) meegbear Mar 2013 OP
DUers have known that ever since Blackwater got the contract, along with KBR and Halliburton loudsue Mar 2013 #1
Yep. It was a big 'ole siphon from the US Treasury to the 1%. CrispyQ Mar 2013 #4
Great video, sad, but great ybbor Mar 2013 #30
It's killing our spirit too. CrispyQ Mar 2013 #32
I think the Bush administration accomplished it's mission. the relocated the treasury from the govt. olddad56 Mar 2013 #27
Cheney's net income going to 400% while VP pretty much tells this story. lark Mar 2013 #34
since we were spending about 2 billion a WEEK between afghanistan and iraq, that 60 billion niyad Mar 2013 #2
I think that it's just for reconstruction efforts Kber Mar 2013 #12
The post above mine is absolutely right Victor_c3 Mar 2013 #66
Waste. Steal. Funny how fluid word meanings can be. nt valerief Mar 2013 #3
I'd say the word most of the culprits likely use is "invest". kentauros Mar 2013 #7
Yep, they all ransack the Treasury and put the dough in their vests. valerief Mar 2013 #14
Well that's AP for ya. n/t L0oniX Mar 2013 #20
"America's 'waste' is our MegaBucks. Smirk. Sneer." - WarProfiteers, Inc. (R) Berlum Mar 2013 #5
That's just in reconstruction grants. Add $2trillion in war costs and $12 billion that went MISSING blm Mar 2013 #6
No mention of L. Paul Bremer... IthinkThereforeIAM Mar 2013 #35
Life after public service OmahaBlueDog Mar 2013 #49
Three colleigate-level Iraqis and a trained monkey could have run that occupation better than Bremer Volaris Mar 2013 #73
That is a question that needs to be answered. I've seen on DU where loudsue Mar 2013 #50
No **** iandhr Mar 2013 #8
And more than a ton of.... AlbertCat Mar 2013 #9
Way more than a ton... corkhead Mar 2013 #10
Baghdad may have been the intended destination, but there is no doubt LuckyLib Mar 2013 #19
Don't forget L. Paul Bremer... IthinkThereforeIAM Mar 2013 #36
Candidate for this year's "You Call This NEWS?" Award rocktivity Mar 2013 #11
good one, anyone who even begins to take this story serious is in danger of becoming a republican. olddad56 Mar 2013 #60
They're just now figuring that out? Pararescue Mar 2013 #13
We needed a study to show this? AllyCat Mar 2013 #15
A few questions. R. Daneel Olivaw Mar 2013 #16
My "I told you so" file is over stuffed They_Live Mar 2013 #17
WOW!!! Really?!? Who knew? Oh, wait... n/t TygrBright Mar 2013 #18
No shit! Carolina Mar 2013 #21
What an amazing revelation jsr Mar 2013 #22
It's only trendy with the "liberally-biased media" NOW because zbdent Mar 2013 #23
$60 billion. That is horseshit. The cost is over a trillion. olddad56 Mar 2013 #24
exactly and the Blackwater filthy costs too, RedCloud Mar 2013 #28
More like three trillion* ..... Botany Mar 2013 #29
60 billion is likely only reconstruction funds. Running an army is far higher. Selatius Mar 2013 #57
Or more. How much of the two trillion Rummy "lost" (as he told us 9/10/01) valerief Mar 2013 #59
+1 Blue_Tires Mar 2013 #68
The title is an understatement by a factor of 661. Towlie Mar 2013 #25
I think it's the "schools and hospitals" budget, not the "killing people" budget Kolesar Mar 2013 #54
The mind wobbles. Solly Mack Mar 2013 #26
How About American Aide? Left Turn Only Mar 2013 #31
Does that include the missing $20 billion in cash? aint_no_life_nowhere Mar 2013 #33
$60 billion... Oh now that's cute... n/t Earth_First Mar 2013 #37
Does this include the $900 M Embassy? benld74 Mar 2013 #38
Or the 6.6 Billion in pallets of $100 dollar bills flown to Iraq that was "lost" progressoid Mar 2013 #42
That was Iraqi money Mnpaul Mar 2013 #62
All over the world Dyedinthewoolliberal Mar 2013 #39
but...but..those were Conspiracy Theories formercia Mar 2013 #40
...and killed alot of innocent people. ..nt TeeYiYi Mar 2013 #41
More like 80 tons eringer Mar 2013 #43
These wars impoverished America and their future lovuian Mar 2013 #44
But you can't force "austerity" without using up all the money and owing serious debt. n/t Fire Walk With Me Mar 2013 #45
Yeah but the M.I.C. made out like bandits. MH1 Mar 2013 #46
That money wasn't wasted, it was looted and stolen from taxpayers. WHEN CRABS ROAR Mar 2013 #47
^ THIS ^ magellan Mar 2013 #48
+1 - "Lost" in the "fog of war"= major theft, money laundering - ask KBR, Halliburton, Blackwater wordpix Mar 2013 #58
That's okay! We can use our Social Security to make up for it! KansDem Mar 2013 #51
More than just a ton! indie9197 Mar 2013 #52
"wasted" is not exactly the right word. unblock Mar 2013 #53
$500 Billion (in twenties) = 27,500 tons kristopher Mar 2013 #55
What happened? I passed out in a faint from this shocking news 6 hours ago SaveAmerica Mar 2013 #56
No sh!t, Sherlock. blkmusclmachine Mar 2013 #61
One from the archives Mnpaul Mar 2013 #63
In other news, cats are aloof Kennah Mar 2013 #64
I'm telling you, if we get many more of these stories, I'm going to demand tavalon Mar 2013 #65
NO NO NO, it's the welfare mamas and immigrants Heather MC Mar 2013 #67
on the other hand, if we had not blown up the country in the first place, we wouldn't have niyad Mar 2013 #69
But then, "shock and awe" wouldn't have worked as well as it did. [Sarcasm] kiranon Mar 2013 #76
And because of this, TIME TO EAT YOUR PEAS, GRANDMA & GRANDPA!! bullwinkle428 Mar 2013 #70
Rummy on 9-11 90-percent Mar 2013 #71
In another similar study - conclusion reached was "water is wet" MillennialDem Mar 2013 #72
But private contractors saves us money, I tells ya quakerboy Mar 2013 #74
We've been wasting it since we went in there! sakabatou Mar 2013 #75
OMG Really? No way! Quantess Mar 2013 #77
Will there be a government report tommorow about how the sky is blue? ButterflyBlood Mar 2013 #78
To say nothing of 100,000+ innocent Iraqi dead primavera Mar 2013 #79

loudsue

(14,087 posts)
1. DUers have known that ever since Blackwater got the contract, along with KBR and Halliburton
Wed Mar 6, 2013, 12:08 PM
Mar 2013

It was always...ALWAYS...a war to enrich the war machine and the PNAC crowd. Never had shit to do with national security.

CrispyQ

(36,478 posts)
4. Yep. It was a big 'ole siphon from the US Treasury to the 1%.
Wed Mar 6, 2013, 12:13 PM
Mar 2013




on edit: It's less than 4 minutes long & one of the best vids I've seen. Make it go viral.

What eats up 53¢ of every tax dollar?



ybbor

(1,554 posts)
30. Great video, sad, but great
Wed Mar 6, 2013, 02:16 PM
Mar 2013

The Military Industrial Complex is killing us, literally by the way of our soldiers, and financially in our wallets.

CrispyQ

(36,478 posts)
32. It's killing our spirit too.
Wed Mar 6, 2013, 02:31 PM
Mar 2013

The constant war, destruction & aggression as a country. You can see it in the way our culture has devolved, so much violence, bullying & admiration for bad behavior.

Thanks for watching & welcome to DU!

olddad56

(5,732 posts)
27. I think the Bush administration accomplished it's mission. the relocated the treasury from the govt.
Wed Mar 6, 2013, 01:51 PM
Mar 2013

to the war corporations. That was the goal from day one.

lark

(23,105 posts)
34. Cheney's net income going to 400% while VP pretty much tells this story.
Wed Mar 6, 2013, 02:44 PM
Mar 2013

All the connected companies go "no-bid" contracts that people in the administration could profit from, and profit they did. Some, like Cheney and Shrub himself profited personally and directly (KBR, Carlyle Group), while others helped them profit with "campaign contributions". Either way, dirty business was done and the government turned a blind eye because they approved of the theft of US $$.

niyad

(113,344 posts)
2. since we were spending about 2 billion a WEEK between afghanistan and iraq, that 60 billion
Wed Mar 6, 2013, 12:12 PM
Mar 2013

figure is awfully low, unless they meant 60 billion a year for ten years.

Kber

(5,043 posts)
12. I think that it's just for reconstruction efforts
Wed Mar 6, 2013, 12:40 PM
Mar 2013

does not include military spending. That's a whole other black hole.

Victor_c3

(3,557 posts)
66. The post above mine is absolutely right
Thu Mar 7, 2013, 05:55 AM
Mar 2013

The cost of the whole war in Iraq is closer to about $900 billion.

kentauros

(29,414 posts)
7. I'd say the word most of the culprits likely use is "invest".
Wed Mar 6, 2013, 12:17 PM
Mar 2013

I wonder, too, how much of those billions could be found "offshore" these days...

valerief

(53,235 posts)
14. Yep, they all ransack the Treasury and put the dough in their vests.
Wed Mar 6, 2013, 12:53 PM
Mar 2013

Probably all is offshore in private accounts. Need that for their individual fiefdoms.

Do you know why the rich don't care about air travel safety? Because they all have private planes aka corporate jets. Back in the Eisenhower days, they weren't rich enough for that.

blm

(113,065 posts)
6. That's just in reconstruction grants. Add $2trillion in war costs and $12 billion that went MISSING
Wed Mar 6, 2013, 12:17 PM
Mar 2013

Last edited Wed Mar 6, 2013, 12:53 PM - Edit history (1)

thanks to young GOP activists tapped by the Heritage Foundation and sent to Iraq to oversee that 12 billion dollars in CASH.

IthinkThereforeIAM

(3,076 posts)
35. No mention of L. Paul Bremer...
Wed Mar 6, 2013, 03:40 PM
Mar 2013

... so far, he seemed to disappear as soon as the pallets of cash disappeared. Whatever happened to him? Did he buy an island somewhere?

OmahaBlueDog

(10,000 posts)
49. Life after public service
Wed Mar 6, 2013, 09:02 PM
Mar 2013
After his departure from the US government, Bremer, moved to Chester, Vermont and became an artist, crafting oil paintings of New England country landscapes. He also as of 2009 reportedly did consulting work and served on a number of boards in the Washington area.He remained a media presence with interviews and the release of his memoirs, and criticized the Obama administration for not devoting more effort to promoting democracy overseas. He is also a consistent advocate for a continued US presence in Iraq.

While many other conservatives began advocating for a withdrawal from Afghanistan, Bremer endorsed the Obama administration's new strategy in 2010, describing it as "reasonable" and stating: "The President deserves credit for deciding to replicate President Bush’s Iraq strategy by sending more troops to the fight in Afghanistan." Following his return to private life, he also endorsed Samuel Huntington's "clash of civilizations" thesis. He stated: "It is a fact of history that Europe is based on Judeo-Christian values. But Europe seems unwilling, or perhaps afraid, to acknowledge this reality."


http://en.wikipedia.org/wiki/Paul_Bremer

Volaris

(10,272 posts)
73. Three colleigate-level Iraqis and a trained monkey could have run that occupation better than Bremer
Thu Mar 7, 2013, 11:09 AM
Mar 2013

he's lucky that wiki piece doesn't say:
He's in prison for incompetence. End Article.

loudsue

(14,087 posts)
50. That is a question that needs to be answered. I've seen on DU where
Wed Mar 6, 2013, 09:08 PM
Mar 2013

there is evidence that the highest officers in the U.S. military live like kings.

THAT is where the fucking republicans can cut some "entitlements".

corkhead

(6,119 posts)
10. Way more than a ton...
Wed Mar 6, 2013, 12:32 PM
Mar 2013
On Tuesday, June 22, 2004, the duo reported, unmanned vehicles loaded a tractor-trailer truck with pallets of $100 bills — weighing 30 tons and worth $2.4 billion — and that truck headed out onto New Jersey Route 17 bound for Andrews Air Force Base outside of Washington, DC.

There, the money was transferred to a C-130 transport plane and flown to Baghdad.

http://www.cnbc.com/id/43487056

LuckyLib

(6,819 posts)
19. Baghdad may have been the intended destination, but there is no doubt
Wed Mar 6, 2013, 01:25 PM
Mar 2013

that millions ended up in Swiss bank accounts of both wealthy politicos in Iraq as well as the US corporate vultures who were there to "distribute" it to their own underlings. Criminals one and all.

rocktivity

(44,576 posts)
11. Candidate for this year's "You Call This NEWS?" Award
Wed Mar 6, 2013, 12:34 PM
Mar 2013

The "To Figure This Out, You Had To Do a Freaking STUDY?" category.


rocktivity

 

Pararescue

(131 posts)
13. They're just now figuring that out?
Wed Mar 6, 2013, 12:40 PM
Mar 2013

We've known that for a long time.
Just imagine what good all that money could have done right here in the U.S., things like,

Education=Jobs.

Health Care=Jobs.

Infrastructure Rebuild=Jobs.

Environment=Jobs.

Oh, and did I say Jobs?

AllyCat

(16,189 posts)
15. We needed a study to show this?
Wed Mar 6, 2013, 12:54 PM
Mar 2013

What a travesty this whole thing has been. Maybe we'll learn something from this so we can improve on our performance the next time we spread democracy somewhere.

 

R. Daneel Olivaw

(12,606 posts)
16. A few questions.
Wed Mar 6, 2013, 01:08 PM
Mar 2013

1) How much of the money went to private contractors: Haliburton, Blackwater?

2) How much of the 60 billion is unaccounted for?

3) What is more important: How do you measure the human coast of ALL killed, maimed and wounded?


4) And lastly, couldn't we have just bribed somebody 1 billion to either kill Saddam or just bribed him and his family to live out their lives in exile?

The USA has wasted a lot of money, resources and destroyed lives.

And it only took the better part of a decade to get Osama.

Carolina

(6,960 posts)
21. No shit!
Wed Mar 6, 2013, 01:33 PM
Mar 2013

That comment is directed at the article, not you, meegbear

Here at DU, we knew a concocted war of choice against Iraq would enrich the few, impoverish the many and devastate an innocent nation that had absolutely nothing to do with 9/11 and that the bully US had already picked on in 1991!

If only an equally dreadful karma could be wreaked on those who perpetrated this travesty!

zbdent

(35,392 posts)
23. It's only trendy with the "liberally-biased media" NOW because
Wed Mar 6, 2013, 01:45 PM
Mar 2013

it's a Dem in the office, not the guy who the "l.b.m." refused to hold responsible for anything 2001-2009 ...

Botany

(70,516 posts)
29. More like three trillion* .....
Wed Mar 6, 2013, 01:58 PM
Mar 2013

.... not counting the lifetime costs we will now have for traumatic brain injuries, PTSD,
and other medical problems.

BTW how much did Liz Cheney get paid to oversee the rebuilding of Iraq's infrastructure?


* http://www.riversideinfo.org/forum/topic/true-cost-of-the-war
Steglitz nobel prize winner in economics

Selatius

(20,441 posts)
57. 60 billion is likely only reconstruction funds. Running an army is far higher.
Wed Mar 6, 2013, 11:47 PM
Mar 2013

Likely, when you add in spending by the military on waging war in Iraq along with the reconstruction funds, the number is likely over a trillion.

valerief

(53,235 posts)
59. Or more. How much of the two trillion Rummy "lost" (as he told us 9/10/01)
Thu Mar 7, 2013, 12:48 AM
Mar 2013

was war prep money? Because they told us in PNAC they were going to war with Iraq come hell or high water (in so many words).

Towlie

(5,324 posts)
25. The title is an understatement by a factor of 661.
Wed Mar 6, 2013, 01:50 PM
Mar 2013
http://talkingpointsmemo.com/news/report-too-much-money-spent-in-iraq-for-too-few-results.php?ref=fpa

WASHINGTON (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.


A $100 bill weighs about one gram. $60 billion in $100 bills would be 600,000,000 bills, which would weigh 600,000,000 grams, or 600 tonnes ("metric tons&quot , which equals about 661 tons of the 2,000 pound variety. The thread title, which is also the title of the referenced article, is therefore an understatement by a factor of 661. We didn't waste a ton of money, we wasted 661 tons of money.

Incidentally, at 0.0043 inches of thickness per bill, this amounts to a stack of $100 bills over 40 miles high.

Kolesar

(31,182 posts)
54. I think it's the "schools and hospitals" budget, not the "killing people" budget
Wed Mar 6, 2013, 09:27 PM
Mar 2013

The reconstruction attempt ended a few years into Bush's fiasco. After that, it was just aimless fighting.

I think Botany's citation of three trillion dollars is the best account I have read.

Left Turn Only

(74 posts)
31. How About American Aide?
Wed Mar 6, 2013, 02:20 PM
Mar 2013

It never ceases to amaze me how spending on defense related items is always good with Washington. Here we are looking for ways of cutting the budget, and the first thing that comes into politicians' minds is cutting back on the already meager social safety net. I like helping people, but if we are that far in debt, then foreign aide of most any kind is spending money we don't have on another country's problems -- money from our paychecks and not our stock dividends.

aint_no_life_nowhere

(21,925 posts)
33. Does that include the missing $20 billion in cash?
Wed Mar 6, 2013, 02:39 PM
Mar 2013

The money that came into the country on wooden pallets and that L. Paul Bremer couldn't account for after the contractors and local war lords got a whiff of it?

http://topdocumentaryfilms.com/dispatches-iraqs-missing-billions/

lovuian

(19,362 posts)
44. These wars impoverished America and their future
Wed Mar 6, 2013, 06:35 PM
Mar 2013

Congress and the President are responsible

and now the military budget needs to be cut

wordpix

(18,652 posts)
58. +1 - "Lost" in the "fog of war"= major theft, money laundering - ask KBR, Halliburton, Blackwater
Thu Mar 7, 2013, 12:17 AM
Mar 2013

and the US military where that money went. Bring the BushCo gang to the Senate to answer some q's.

KansDem

(28,498 posts)
51. That's okay! We can use our Social Security to make up for it!
Wed Mar 6, 2013, 09:14 PM
Mar 2013

And Medicare, too!



But seriously...since WWII, what country has benefited from our meddling?

indie9197

(509 posts)
52. More than just a ton!
Wed Mar 6, 2013, 09:19 PM
Mar 2013

This was an amazing article how the biggest shipment of physical paper money was shipped to Iraq... and was then pretty much unaccounted for. What a sickening waste.

http://m.vanityfair.com/politics/features/2007/10/iraq_billions200710

unblock

(52,253 posts)
53. "wasted" is not exactly the right word.
Wed Mar 6, 2013, 09:21 PM
Mar 2013

embezzled?
pilfered?
kicked-back?
siphoned?

all of the above?

SaveAmerica

(5,342 posts)
56. What happened? I passed out in a faint from this shocking news 6 hours ago
Wed Mar 6, 2013, 11:41 PM
Mar 2013

Raise your hand if you'rea dem who became active years ago because you already knew this.

Mnpaul

(3,655 posts)
63. One from the archives
Thu Mar 7, 2013, 02:40 AM
Mar 2013
Iraqi oil will pay for this

03/27/2003, Paul Wolfowitz, Deputy Defense Secretary
"There’s a lot of money to pay for this ... the oil revenues of that country could bring between $50 and $100 billion over the course of the next two or three years…We’re dealing with a country that can really finance its own reconstruction, and relatively soon.”

tavalon

(27,985 posts)
65. I'm telling you, if we get many more of these stories, I'm going to demand
Thu Mar 7, 2013, 04:48 AM
Mar 2013

a DUH forum be formed. Who's with me?

niyad

(113,344 posts)
69. on the other hand, if we had not blown up the country in the first place, we wouldn't have
Thu Mar 7, 2013, 10:09 AM
Mar 2013

had to spend money rebuilding it.

90-percent

(6,829 posts)
71. Rummy on 9-11
Thu Mar 7, 2013, 10:31 AM
Mar 2013

Donnie was to announce that the Pentagon couldn't account for about ONE TRILLION of taxpayer provided funding of the Pentagon. Either the day before or a day or two after, he was scheduled to make a press conference about that little oppsie. Yet another Iraq War crimes factoid down the memory hole.

Isn't it true that our current defense budget is a greater percentage of GNP than it was in WORLD WAR TWO?

-90% Jimmy

quakerboy

(13,920 posts)
74. But private contractors saves us money, I tells ya
Thu Mar 7, 2013, 04:03 PM
Mar 2013

How could turning the effort over to private business fail to yield the best possible results?

Quantess

(27,630 posts)
77. OMG Really? No way!
Fri Mar 8, 2013, 01:03 AM
Mar 2013

Oh well, it's good to keep talking about it out in the open. A few people are still in denial.

ButterflyBlood

(12,644 posts)
78. Will there be a government report tommorow about how the sky is blue?
Fri Mar 8, 2013, 02:15 AM
Mar 2013

Or that the Earth revolves around the sun?

primavera

(5,191 posts)
79. To say nothing of 100,000+ innocent Iraqi dead
Fri Mar 8, 2013, 09:46 AM
Mar 2013

That's an awful lot of blood on our hands for essentially nothing.

Latest Discussions»Latest Breaking News»Govt Report: We Wasted a ...