burning_money.jpg

MotherJones.com

Want to see a signature worth $320 million? Click here. It belongs to Jack Gardner, an official with the now-defunct Coalition Provisional Authority, who in July 2003 authorized that amount to be transferred to the Iraqi Ministry of Finance for the payment of Iraqi salaries. There are no other records of the transfer, just Mr. Gardner’s John Hancock. Now that’s power.

The payment is but one example of the process by which U.S. dollars have disappeared without a trace into the confusion (and, yes, corruption) of Iraq reconstruction, confounding Pentagon auditors who are now trying to find out where all that money went… and what exactly, if anything, the U.S. got in return.

Our government is an expert at losing/wasting money.

Found by ECA.




  1. Mister Mustard says:

    MISSION ACCOMPLISHED!!

    Way to go, Dumbya.

  2. bobbo says:

    There is a paper trail. Congress should provide the oversight here as in every other area they have failed.

    My question is, how much of that money made its way back to USA officials? Thats the ticket.

  3. comhcinc says:

    everyone knows motherjones is a bunch of commies. i bet they made it all up. anyway off the the mailbox to pick up my copy of motherjones

  4. jlm says:

    as sickening as the last 8 years have been I’m tired of hearing about it simply because NOTHING will be done about it. ever.

  5. Jägermeister says:

    I’m sure those millions could have been used elsewhere.

  6. Dugger says:

    15 Billion.

    Imagine if we invested that into our space program instead.

    Even that $320,000,000 voucher would pay for 2 interplanetary probe missions like the Mars polar lander.

  7. bobbo says:

    #5–Jag===WHO ARE YOU??

    Great websites/info, one after another. Very dramatic chart there. Thanks.

    Keep the good stuff coming.

    [Jägermeister is a guy who knows where everything on the net is located. – ed.]

  8. Jägermeister says:

    #5 – bobbo

    Thanks bobbo. 🙂 It’s a pretty telling chart of two nations who got their priorities wrong.

  9. Improbus says:

    Did anyone check Cheney’s pockets?

  10. Jägermeister says:

    #7 – ed – Jägermeister is a guy who knows where everything on the net is located.

    I wish! 😀

  11. fulanoche says:

    Another reason I will not return to live in USA, I’d prefer to waste my money my way.

  12. Peter iNova says:

    Hey, c’mon, cut these guys some slacks. Tips aren’t tracked accurately.

  13. gregallen says:

    Remember when the Republicans were holding hearings and DEMANDING the resignation and prosecution of Kofi Annan for loss of less money in the Oil for Food scandal? Heck, the wanted the whole UN abolished because of such mismanagement and corrupteion.

    They dropped that outrage and don’t even talk about it anymore.

    Anyone want to guess why?

  14. gregallen says:

    Remember 1992 when the House of Representatives had a “banking scandal” because of some overdrawn checks? http://tinyurl.com/5jvrsm

    Newt Gingrich led the Republicans who were MORALLY OUTRAGED and demanded mass resignations of Democrats, even though, technically, no money was stolen at all. About fifteen democrats lost their seats because of it.

    But FIFTEEN FRIGGIN’ BILLION dollars stolen or “lost” in Iraq?

    Not a peep.

    What a steaming pile of hypocrites these Republicans turned out to be.

  15. Raster says:

    I don’t believe that number for a second – it seems way too small.

    http://zfacts.com/p/447.html

  16. dexton7 says:

    You know.. the way that the US has been hemorrhaging money lately – it’s almost seems like we as a country have committed financial Seppuku. I have read about the huge national debt, the 2.1 trillion missing from the Pentagon, and this of course. Of course times are so weird that in Nov 2008, it wouldn’t surprise me if Bush and Cheney moved out of the country. (Bush to Paraguay and Cheney to Saudi). Crime in government is nearing the saturation point I think.

  17. BigCarbonFoot says:

    “Our government is an expert at losing/wasting money.” – Exactly.

    And, this is the same government that liberals want to run healthcare….

  18. BigCarbonFoot says:

    #5 – That’s a good stat. By that measure, if I had two houses and a Hummer to drive between them, but most everyone else had 3-4 houses and a yacht, I’d be living in poverty.

  19. Mr. Gawd Almighty says:

    #17, iHotAir

    “Our government is an expert at losing/wasting money.” – Exactly.

    And, this is the same government that liberals want to run healthcare….

    No. We want the Democrats to run universal healthcare.

    #18,

    Geeze you’re an idiot. MEDIAN INCOME !!!

  20. Jägermeister says:

    #18 – BigCarbonFoot

    Here’s some more info for you.

    #19 – Mr. Gawd Almighty

    Don’t expect him to understand it. 😉

  21. Mister Mustard says:

    >>And, this is the same government that
    >>liberals want to run healthcare….

    Somehow, “liberals” always seem to get things right (like universal healthcare), while fucktards like Dumbya and his two presidents (Cheney/ Rove) end up with a booming Denial of Health Care industry (with $140,000,000.00/yr CEOs), while people are dropping like flies because they can’t go to the doctor (being forced to opt for the Bush Health Care Plan of waiting until you’re 1/2 dead and going to the ER).

  22. grog says:

    and yet republicans argue that spending money on a new g.i. bill for the men and women who have been getting shot at and bombed on a daily basis to protect our freedom is simply too expensive

    face it, republicans suck.

  23. JimD says:

    Repukes and NEO-CONS STEALING IN ALL DIRECTIONS !!! IT’S WHAT THEY DO !!!


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