You will never live if you are looking for the meaning of life - Albert Camus
What?
A U.S. audit has found that the Pentagon cannot account for over 95 percent of $9.1 billion in Iraq reconstruction money, spotlighting Iraqi complaints that there is little to show for the massive funds pumped into their cash-strapped, war-ravaged nation.
The $8.7 billion in question was Iraqi money managed by the Pentagon, not part of the $53 billion that Congress has allocated for rebuilding. It’s cash that Iraq, which relies on volatile oil revenues to fuel its spending, can ill afford to lose.
“Iraq should take legal action to get back this huge amount of money,” said Sabah al-Saedi, chairman of the Parliamentary Integrity Committee. The money “should be spent for rebuilding the country and providing services for this poor nation.”
To quote P. J. O’Rourke, how do you “lose” $8.7 billion? Did they check under the couch cushions?
The deal here is that the US was allowed to tap money put into the Iraq Development fund, which is run by the UN. The US took about $20 billion out and this audit, which covers the $9.1 billion spent from 2004 to 2007, showed that the spending was simply not documented.
Between Iraq and Afghanistan, we have poured $100 billion into reconstruction, with little to show for it. Part of this is the basic incompetence of the last Administration’s reconstruction efforts, as documented in Rajiv Chandrasekaran’s book. And part of this is just the fundamental problem of nation building in nations that weren’t terribly built in the first place. There’s a part of me that thinks we should still keep trying to fix these countries. But there’s a growing part that thinks this would be just throwing good money after bad.
Posted by
Hal_10000 on 07/28/10 at 04:20 PM (
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You may want to stick with this part, because it will be the ultimate conclusion eventually. I’ve said it here for years. We need to get out of the nation building business. Go to war only when absolutely needed. Beat the shit out of your enemy, and leave. That’s the only way to win a war if there must be one.