Waste Fraud And Abuse in Iraq
This week Bill Moyers’ takes a look at the waste and contractor fraud going on in Iraq. Last week the House Armed Services Committee said that $6 billion worth of military contracts are under criminal review, and another $88 billion (think the folks in New Orleans could use some of this money?) in contracts are currently being audited for suspicion of fraud. When the Associated Press (AP) recently took a look at the auditing process required by law, it found the DoD had not "met even basic accounting requirements, leaving them vulnerable to waste, fraud and abuse."
BILL MOYERS: As Inspector General of the State Department, Howard Krongard—known as "Cookie"—was supposed to be the watchdog guarding against corruption there. But he’s a political appointee with strong partisan loyalties, and now seven people on his staff have accused him not only of failing to do his job but of actively blocking their efforts to do theirs. The reason? Quote: "To protect the State Department and the White House from political embarrassment."
You know, I am thinking the folks in New Orleans could use a couple of these billions. And by the way, I will admit the state and local governments in Louisiana doesn’t have a greatest track record in how they spend money, but it ain’t like the Bush White House does either at this point.
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