Friday, August 20, 2004

Professor Hubbard's mileage WILL vary--though one cannot be certain why.

Audit shows $8.8 billion in Iraq funds missing

Quick comparison

Most extreme allegation of the "oil-for-food scandal": $11B over 10 years--and that's assuming any of those still-to-be-documented, my-dog-ate-my-homework allegations turns out to be accurate.

U.S. "cleaner government" effort: $8.8B in one year

From the CPA Accomplishments(p. 3):

• CPA helped the Iraqi government to build market-based economy by...
o developing transparent budgeting and accounting arrangements, and a framework for sound public sector finances and resource allocation

Yep. Got that right.

via Atrios


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