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Old 01-31-2005, 08:00 AM   #1
 
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Default Bet No one goes to jail for this....

http://news.yahoo.com/news?tmpl=stor...ds_1&printer=1


Audit: $9 Billion Unaccounted for in Iraq

Sun Jan 30, 4:05 PM ET

By LARRY MARGASAK, Associated Press Writer

WASHINGTON - The U.S. occupation authority in Iraq (news - web sites) was unable to keep track of nearly $9 billion it transferred to government ministries, which lacked financial controls, security, communications and adequate staff, an inspector general has found.
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Old 01-31-2005, 08:02 AM   #2
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It's hidden under all the WMD,silly.
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Old 01-31-2005, 08:28 AM   #3
 
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Default RE: Bet No one goes to jail for this....

Didn't martha stewart go to prison for LOSING 125,000 of her own money?
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Old 01-31-2005, 09:25 AM   #4
 
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Old 01-31-2005, 10:36 AM   #5
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Default RE: Bet No one goes to jail for this....

This report comes right on the heals of another request for another $80 billion. I can go along with spending the money for future benefit but dern it, they better find that money! Where you have that much money, you have corruption. I'm sure that a lot of the tsunami relief is going to corruption too. mdrbowler: not trying to get you cranked up again.

BTW, Stewart went to jail not for losing money but for lying to federal prosecutors about the stock transaction - that's a "no no." Well, for most people it is . . .
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Old 01-31-2005, 10:42 AM   #6
 
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Quote:
If $9 billion is unaccounted for, then it can never be proven we spent it at all - thus - it is deducted from the budget deficit totals,,,, Duhhh??

Hmmmm, I think I might have been sick that day in Econ 101 when they talked about that kind of book washing...
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Old 01-31-2005, 10:57 AM   #7
 
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Old 01-31-2005, 11:03 AM   #8
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Default RE: Bet No one goes to jail for this....

I guess you expect full acounting in the middle of a war and at the start of a new goverment who's workers were unpaid for months and no system to track this. That makes sense.
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Old 01-31-2005, 11:22 AM   #9
 
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Old 01-31-2005, 11:31 AM   #10
 
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Quote:
I guess you expect full acounting in the middle of a war
We're not talking about a couple of missing chow kits, we're talking about

NINE BILLION DOLLARS
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