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 Bowens 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 Iraqs population.
Iraqi Parliament Speaker Osama al-Nujaifi, the countrys 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!
loudsue
(14,087 posts)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)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)The Military Industrial Complex is killing us, literally by the way of our soldiers, and financially in our wallets.
CrispyQ
(36,478 posts)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)to the war corporations. That was the goal from day one.
lark
(23,105 posts)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)figure is awfully low, unless they meant 60 billion a year for ten years.
Kber
(5,043 posts)does not include military spending. That's a whole other black hole.
Victor_c3
(3,557 posts)The cost of the whole war in Iraq is closer to about $900 billion.
valerief
(53,235 posts)kentauros
(29,414 posts)I wonder, too, how much of those billions could be found "offshore" these days...
valerief
(53,235 posts)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.
L0oniX
(31,493 posts)Berlum
(7,044 posts)blm
(113,065 posts)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)... 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)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 Bushs 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)he's lucky that wiki piece doesn't say:
He's in prison for incompetence. End Article.
loudsue
(14,087 posts)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".
iandhr
(6,852 posts)AlbertCat
(17,505 posts)LIVES!
corkhead
(6,119 posts)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)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.
IthinkThereforeIAM
(3,076 posts)... I mentioned him up higher in this thread.
rocktivity
(44,576 posts)The "To Figure This Out, You Had To Do a Freaking STUDY?" category.
rocktivity
olddad56
(5,732 posts)Pararescue
(131 posts)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)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)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.
They_Live
(3,236 posts)this week.
again.
*sigh*
TygrBright
(20,762 posts)Carolina
(6,960 posts)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!
jsr
(7,712 posts)LOL
zbdent
(35,392 posts)it's a Dem in the office, not the guy who the "l.b.m." refused to hold responsible for anything 2001-2009 ...
olddad56
(5,732 posts)RedCloud
(9,230 posts)Botany
(70,516 posts).... 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)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)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)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" , 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)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.
Solly Mack
(90,773 posts)Left Turn Only
(74 posts)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)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/
Earth_First
(14,910 posts)benld74
(9,904 posts)progressoid
(49,991 posts)Mnpaul
(3,655 posts)Oil for Food money. Norm Coleman where is the outrage?
Dyedinthewoolliberal
(15,577 posts)people like me are saying "no shit Sherlock, we tried to fucking tell you that!"
formercia
(18,479 posts)No longer a Theory.
TeeYiYi
(8,028 posts)TYY
eringer
(460 posts)Paper is heavy!
lovuian
(19,362 posts)Congress and the President are responsible
and now the military budget needs to be cut
Fire Walk With Me
(38,893 posts)MH1
(17,600 posts)Almost like it was planned that way ...
WHEN CRABS ROAR
(3,813 posts)magellan
(13,257 posts)n/t
wordpix
(18,652 posts)and the US military where that money went. Bring the BushCo gang to the Senate to answer some q's.
KansDem
(28,498 posts)And Medicare, too!
But seriously...since WWII, what country has benefited from our meddling?
indie9197
(509 posts)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)embezzled?
pilfered?
kicked-back?
siphoned?
all of the above?
kristopher
(29,798 posts)If one bill weighs one gram and we use 2k pounds/ton.
SaveAmerica
(5,342 posts)Raise your hand if you'rea dem who became active years ago because you already knew this.
blkmusclmachine
(16,149 posts)Hell, we even "lose" millions by the pallet-full.
Mnpaul
(3,655 posts)03/27/2003, Paul Wolfowitz, Deputy Defense Secretary
"Theres 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 Were dealing with a country that can really finance its own reconstruction, and relatively soon.
Kennah
(14,276 posts)tavalon
(27,985 posts)a DUH forum be formed. Who's with me?
Heather MC
(8,084 posts)Taking all our money Faux news said so
niyad
(113,344 posts)had to spend money rebuilding it.
kiranon
(1,727 posts)bullwinkle428
(20,629 posts)90-percent
(6,829 posts)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
MillennialDem
(2,367 posts)quakerboy
(13,920 posts)How could turning the effort over to private business fail to yield the best possible results?
sakabatou
(42,157 posts)Quantess
(27,630 posts)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)Or that the Earth revolves around the sun?
primavera
(5,191 posts)That's an awful lot of blood on our hands for essentially nothing.