According to an audit
released today by the DoD's IG, there has been virtually no oversight
of over $8 billion paid by the Defense Department to contractors in Iraq. The report confirms a similar finding back in 2005 that over $9 billion
in Iraq war funds were unaccounted for. As a factual and non-polemical matter, this spectacular waste
of taxpayer money has undoubtedly lined the pockets
of more than a few war profiteers
. To say the Iraq war has been plagued with rampant corruption
, fraud and fiscal mismanagement is not an editorial position or overstatement: even lawmakers have begun to acknowledge this
posted by ornate insect
on May 23, 2008 -
"On May 10th, 2007, this video was banned in Congress" - Filmmaker, Robert Greenwald, wanted to show a four minute clip of his film when testifying to Congress, but Republicans disallowed it. This is the clip
from his excellent movie now available on Google Video, Iraq for Sale
posted by nickyskye
on May 13, 2007 -
You Too Can Profit From The War on Terra
"You’d think with both the Iraq and Afghanistan wars well under way and with the war on terrorism being more than two years old that the share price of any bullet proof vest manufacturer would be fully valued. Not so!
The company that manufactures the amazing life saving bullet proof vests that Sgt. Travis L. McKinney wrote to from the Iraq front line is not only undervalued but is a screaming takeover candidate that is poised to enjoy an up to 450% increase in its stock price." Operators are standing by...
posted by owillis
on Jun 16, 2004 -
Spoils of War
This op-ed piece in The New York Times (free reg req'd) follows the path of money into who is getting what now that the reconstruction phase is about to begin. Might have called this piece: More than Oil.
posted by Postroad
on Apr 10, 2003 -
"'War is a racket. It always has been....A racket is best described as something that is not what it seems to the majority of people. Only a small 'inside' group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many.' Words of a radical peacenik? Only if a Marine Corps Major General qualifies as such." Of course, this particular Major General was talking about the oooold days
when corporations had the political pillow-patter down
, and our elected officials were the best money could buy. Not like the way things are today.
And who was this crackpot Ike
posted by fold_and_mutilate
on Jul 17, 2002 -