
04-24-2008, 08:50 PM
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Quote:
Originally Posted by banyon Yeah, they're throwing in a pittance:
___________ http://www.nytimes.com/2008/03/09/wo...st/09iraq.html
Despite the dire need for better health care, more electricity and clean water, a functioning sewage system and other services, the accountability office has previously estimated that Iraq spent only 22 percent of the oil money set aside for reconstruction in 2006. And in January, the office, which is charged with overseeing the Iraqi government’s finances, reported that Iraq had spent a meager 4.4 percent of its 2007 reconstruction budget by August of that year, the most recent figures available at the time.
As a result, the letter from the Armed Services Committee says, “we believe that it has been overwhelmingly U.S. taxpayer money that has funded Iraq reconstruction over the last five years, despite Iraq earning billions of dollars in oil revenue over that time period that have ended up in non-Iraqi banks.”
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They also still can't tell us where $9 billion went missing of taxpayer dollars. That's billion with a "b". |
Now you wouldn't think somebody may be siphoning a little money off the top would you? Nah. Surely not. Probably just "investing" it so they'll have it when they need it in the future. You know, when the oil runs out.
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