In War Profiteers We Trust
May 23, 2008 9:09 AM Subscribe
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.
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