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Accounting
by leon on November 2, 2006

Rocket-propelled grenade launchers, semi-automatic pistols and Heavy Machine Guns are missing. The military even failed to register serial numbers. One can only imagine where some of these weapons have gone to. And the money just keeps pouring in!
For more details, check the Special Inspector General for Iraq Reconstruction homepage. Yes, the reports try to put a positive spin on it but it's not hard to get an idea of how bad things really are.
Indeed, the entire Iraq reconstruction program is bogged down in corruption and wasted billions, according to books and reports.
Part of the problem is that the Pentagon has shown itself to be absolutely useless when it comes to tracking its numbers and keeping a lid on its costs, something I have explored in this blog entry. Not much accountability there.
And the question is whether accountability will reshape American politics next week.
Permalink: Arms and accounting
Tags:
Iraq
reconstruction
arms
accounting
arms
corporate
business
arms+accounting
hedge+funds
kinkaa+corpo
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/41276
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With the cost of the war in Iraq now at $2 trillion, and climbing, a US Government has found that the military has no system of accounting for hundreds of thousands of arms bought for Iraq security forces. Semi-automatic pistols, heavy machine guns and...
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