Monday, August 30, 2010
This AP piece is maddening. It states, “More than $5 billion in American taxpayer funds has been wasted,” and then, “That amount is likely an underestimate.”
Likely an underestimate? HAHA.
I like Call the Politburo, We’re in Trouble :
Or what about the US Embassy in Baghdad, that 104-acre (42 hectares), almost three-quarters-of-a-billion-dollar, 21-building homage to the American-mall-as-fortified-citadel? It costs more than $1.5 billion a year to run, and bears about as much relationship to an “embassy” as McDonald’s does to a neighborhood hamburger joint. According to a recent audit, millions of dollars in “federal property” assigned to what is essentially a vast command center for the region, including 159 of the embassy’s 1,168 vehicles, are missing or unaccounted for.
(ARTICLE CONTINUES BELOW)
And, in other news:
Fitting context on this one would take me the rest of the day. Feel free to post the most ridiculous Iraq/Afghanistan contracts and boondoggles in comments.
Related: War is a Racket by Smedley D. Butler