Monday, November 17, 2014

THERE ARE MANY REASONS IRAQ AND AFGHANISTAN ARE HUGE FAILS

I knew that there was a lot of fraud & corruption in the US-funded operations in each country but didn't have a good idea of the amount of money wasted until I read this AP article on Yahoo News.  The article refers to a report by the Commission on Wartime Contracting in Iraq and Afghanistan.

This is from the Executive Summary:
At least $31 billion, and possibly as much as $60 billion, has been lost to contract waste and fraud in America’s contingency operations in Iraq and Afghanistan. Much more will turn into waste as attention to continuing operations wanes, as U.S. support for projects and programs in Iraq and Afghanistan declines, and as those efforts are revealed as unsustainable.

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