Thread: The New Bailout
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Old 02-23-2009, 04:43 PM   #117
Redux
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There has been corruption up and down the chain of command in the Iraq reconstruction program funded with US $$$. (Remember how the Iraqis would pay for their own reconstruction with oil revenue?)

The latest report from the Special Inspector General for Iraq Reconstruction (SGIR) has a list of 20 arrests, 19 indictments, 14 convictions, and more than $17 million in fines, forfeitures, recoveries, and restitutions to date.

Convictions (pdf)

Jan 09 Full Report

Just the tip of the iceberg...with more than $50 billion of US taxpayer dollars unaccounted for.

Fortunately, the Democrats were able to keep the SIGIR in place when they took control of Congress in '07.

The Republicans had voted to shut it down.
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