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Billions of dollars short, U.S. must scale back Iraq reconstruction

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-05 07:43 PM
Original message
Billions of dollars short, U.S. must scale back Iraq reconstruction
http://www.mercurynews.com/mld/mercurynews/news/politics/12935546.htm

WASHINGTON - The Bush administration cannot fulfill all its grand promises to rebuild Iraq because soaring security costs, mismanagement and poor planning have cost billons of dollars, federal auditors said Tuesday.

Some projects - including those to provide clean water for Iraqis - have been cancelled as a result.

In one case, security costs for a U.S. Agency for International Development program on economic reform increased from $894,000 to $37 million, an auditor told Congress. And hundreds of millions of dollars is being diverted to pay for training for Iraqis and for the maintenance of new facilities - expenses overlooked in the initial U.S. planning for the reconstruction, auditors said.

Add to that the rising prices for materials, cost overruns and delays, and there's far less money to rebuild Iraq as the Bush administration envisioned, said Stuart Bowen Jr., the special inspector general for Iraq reconstruction. He called the shortfall "the reconstruction gap."


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stop the bleeding Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-05 07:45 PM
Response to Original message
1. Suprised? N/T
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-05 07:45 PM
Response to Original message
2. Scale it back to what? They haven't completed anything
and the stuff gets blown up faster than they can build it.
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ClintonTyree Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-05 07:55 PM
Response to Original message
3. This war was supposed to pay for itself!
Remember Wolfowitz assuring Americans of that "fact"? :eyes:

Now we can't afford to fix what we fucked up. Surprise, surprise. The Republicans are good at one thing and one thing only. Destruction. Building things isn't one of their strong points.
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koopie57 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-05 07:56 PM
Response to Original message
4. well I guess if I would have to pick what to scale back on
clean water pops first to mind.

uhm "sarcasm" *S*
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Nickster Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-05 08:08 PM
Response to Reply #4
6. I thought the same thing. Why is it always the stuff people need that they
go for first? That's rhetorical, of course we all know why. No profit in clean water.
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abbeyco Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-05 08:00 PM
Response to Original message
5. Poor or no financial oversite?
Guess someone should have been kept in place to keep track of all that money that was unloaded from the duffle bags.

How can our clusterfuck of a government not keep a handle on this? Besides whatever our daily cost is to run *'s war, how - how can they not have enough money for rebuilding? Overcharges and fake charges by CheneyBurton? Damned if I really know, but I've got my own damn thoughts on this - FRAUD, FRAUD, and MORE FRAUD!!!
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Gronk Groks Donating Member (582 posts) Send PM | Profile | Ignore Tue Oct-18-05 08:11 PM
Response to Original message
7. Now were do you think the money went...
...After all a 3000% increase in Chaney's Halliburton stock has to reflect some type of increased (looting) profits.

This has been the biggest theft of American Taxpayer money in the history of America. The future generations are going to back look at us in bewilderment, wondering :wtf: we were thinking...

Unless we can sue Halliburton to get the money back????
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