Saturday, July 29, 2006

Audit Finds U.S. Hid Actual Cost of Iraq Projects - New York Times

you know, when we had bush come in as president with the whole "CEO" style, IIRC, it was a good thing. clear up some bureaucracy, make stuff happen. and his biggest single contributor, again IIRC, was Kenneth "Kenny Boy" Lay. Further, the company that supplied the plane that Bush used when he was flying to and fro Florida to steal the election: Enron. Who, and i'm pretty sure IRC here, took california and treated her the way Jack the Ripper liked to treat a whore.

And here we are, a few years and a few hundred thousand people killed later, and what do we get?

The State Department agency in charge of $1.4 billion in reconstruction money in Iraq used an accounting shell game to hide ballooning cost overruns on its projects there and knowingly withheld information on schedule delays from Congress, a federal audit released late Friday has found.

The agency hid construction overruns by listing them as overhead or administrative costs, according to the audit, written by the Special Inspector General for Iraq Reconstruction, an independent office that reports to Congress, the Pentagon and the State Department.

Called the United States Agency for International Development, or A.I.D., the agency administers foreign aid projects around the world. It has been working in Iraq on reconstruction since shortly after the 2003 invasion.

The report by the inspector general’s office does not give a full accounting of all projects financed by the agency’s $1.4 billion budget, but cites several examples.

The findings appeared in an audit of a children’s hospital in Basra, but they referred to the wider reconstruction activities of the development agency in Iraq. American and Iraqi officials reported this week that the State Department planned to drop Bechtel, its contractor on that project, as signs of budget and scheduling problems began to surface.

The United States Embassy in Baghdad referred questions to the State Department in Washington, which declined to comment immediately.

it sounds so very "Chewbacca" or "Star Wars" or whatever the hell andy fastow was calling his latest scam.

kee-rist, they literally turned the damn country into enron. on every possible level.

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