Tuesday, June 13, 2006

Walking away with the Treasury

"This is a BIGGIE. Although it is well known that $9 billion in Iraq reconstruction money was never accounted for, it was thought an Inspector General named by the Congress for oversight would produce some kind of audit on the $9 billion, not to mention the $12 billion in cash
supposedly sent to Iraq straight from the Federal Reserve.
Bush, however, whipped up a 'signing statement', one of those 750 Presidential findings that
was revealed in April by the Boston Globe, which neutered the audit by declaring
anything to do with the Pentagon a classified security issue! The GOP Congress enabled Bush all the way on this outrageous signing, essentially covering up the likely theft of the urgently needed Reconstruction Fund."

I remember this story coming out in 2003 and assumed the GAO was investigating and some sort of accountability would be had. I mean, it takes the effort of a lot of crooks to "lose" $9Billion without a trace. As per usual with this administration, the story never went anywhere and there appeared to be no uproar. This has consistently been the most confusing aspect of our current times. People in other countries have toppled the governments over less material corruption. Why is our populace so apathetic?

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