Several weeks ago, I did a blog entry highlighting how Iraq was an accounting black hole that's vulnerable to fraud and corruption.

Now we have revelations from CBS that $1 billion of military equipment has gone missing in Iraq and disclosures that United States commanders used sloppy accounting and could not always show that equipment, services and construction were delivered properly.

It coincides with a Government Accountability Office report which says that pentagon's use of the terms "independent" and "fully independent" to describe Iraq Security Force units creates at best an intolerable level of ambiguity and impedes Congress in its oversight role.

The Huffington Post's Dina Rasor says enough is enough and it's time to act.

"To stop what is currently going on, the media and the Congress have to be relentless in exposing the fraud, no matter where the path leads and the public has to be fed up enough to start demanding reforms," Rasor writes."That is what happened in the 1980s with the spare parts scandals (remember the $7600 coffee brewer and the $436 hammer?) which lead to reforms (now defunct) and an actual freeze on the DOD budget in the middle of the Reagan military buildup. Things won't change unless the outrage becomes high enough that the editors are willing to run story after story, the Congress is willing to have hearing after hearing (covered by the media) and the public is willing to buttonhole every politician in Congress and complain or write a letter. Who will go first? Whoever is willing can become a hero for the country."