Patters

Wonder if this is the result of no bid contracts? When it comes to social welfare projects, you can't trust Republicans. They don't believe in that kind of work, have little experience in doing it, and too many of them are only interested in lining their own pockets.

http://www.cbsnews.com/stories/2007/...n2739158.shtml

A severe lack of maintenance appears to be threatening the future usefulness of some of the facilities renovated during the effort to rebuild Iraq, says a new report from the U.S. inspector general monitoring reconstruction.

Inspectors from the Office of the Special Inspector General for Iraq Reconstruction, which is charged with reviewing Iraqi reconstruction projects that are financed by the U.S., visited eight facilities throughout the country, to determine whether the buildings were operating at full capacity.

What the inspectors discovered is that, even though those facilities had been completed and declared to be successes, and subsequently met the stated "objectives" of reconstruction, they were not functioning properly.

Sites suffered from deterioration, poor or no maintenance, or were not even being used by the people for whom they were built, at a cost to U.S. taxpayers of approximately $150 million.

mr3putt

Not to worry Patters

Their is a very easy hedge bet here...buy Halliburton stock

DarrylS

Maybe this is how they should fund the continuing conflict in Iraq, that expartiot company, Haliburton, could reimburse the US for fraud and overages... might keep us there for another year or two.

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"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.

Real World

This is the result of the environment. By environment I mean government run anything, a war zone, and foreign contractors. Don't think that Iraqi work is going to be anything remotely close to what you'd see here at home. Plus, when the government runs anything, a 40% return should be considered a miracle. Take any welfare program we've got, be it reconstruction in Iraq or New Orleans, or your run of the mill welfare here at home, and 40% would be lucky. The sad part about you is that you think it's only a republican thing, and that the Dems would never, or could never, do anything wrong. The bottom line is money is best kept in the hands of people who know how to use it best, and that's the hands of the people who earned it.

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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
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