Report: 9 Billion Unaccounted for in Iraq

According to a report released today by the Special Inspector General for the Reconstruction of Iraq - the Coaliton Provisional Authority (AKA, the US) - cannot account for 9 billion dollars that it dispensed to Iraqi government agencies between October 2003 and June 2004. The report concludes that the C.P.A.,

did not establish or implement sufficient managerial, financial and contractural controls.

The Pentagon's response is what is becoming a classic Bushism:

"We simply disagree with the audit's conclusion that the CPA provided less than adequate controls," Pentagon spokesman Bryan Whitman said.

Please remember this is OUR money. The same money that should be used for fixing Social Security, stabilizing Medicare, and paying down the deficit. And Bush has recently requested 80 billion more!?!

Amazing. Utterly amazing.