Dwight D. Eisenhower on the true magnitude of our follie when we spend on war:

“Every gun that is made, every warship launched, every rocket signifies, in the final sense, a theft from those who hunger and are not fed, from those who are cold and are not clothed.  The world in arms is not spending money alone.  It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.”

–Dwight D. Eisenhower, President and five-star general (1890-1969), April 16, 1953

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A BBC investigation on U.S. war profiteering estimates that $23 billion of taxpayer funds has been “lost, stolen, or not properly accounted for in Iraq.”

A BBC investigation on U.S. war profiteering estimates that $23 billion of taxpayer funds has been “lost, stolen, or not properly accounted for in Iraq.” The figure, which uses U.S. and Iraqi government sources, is meeting resistance from the Bush administration, which pushed through a gag order in dozens of court cases involving the alleged mismanagement of funds by private contractors.


The BBC:

The BBC’s Panorama programme has used US and Iraqi government sources to research how much some private contractors have profited from the conflict and rebuilding.

A US gagging order is preventing discussion of the allegations.

The order applies to 70 court cases against some of the top US companies.

To date, no major US contractor faces trial for fraud or mismanagement in Iraq. Read the rest of this article here.

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