Thursday, June 23, 2005

US Misuses Iraqi Billlions

The Bush Administration has been rather generous with US 20 billion dollars, doling them out in a rather cavalier manner without proper control. Even now, auditors cannot account for a humongous 8.8 billion!

But hey, despite all these, there’s only one very small problem. Luckily for the USA, all the money doesn’t belong to her. It's just Iraqi funds.

Seems the Bush Administration started spending it all one year before the planned handover to the Iraqi, and in a manner that's rife with fraud and nonsense. Well, that's governance for you, USA-style! The UN should start an investigation into the US irresponsibility.

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