The Great Iraq Swindle

Rolling Stone features an excellent expose on the incredible money pit that Iraq has become. Thanks to toothless congressional oversight and contractors with friends in high places, the reconstruction effort in Iraq has become a perverse combination of capitalism and socialism. Taxpayer dollars are funnelled from the federal treasury into the pockets of contracting companies with very little to show for it. When I read David McCullogh's excellent biography of Harry Truman, I was impressed at the work Truman did on the Truman commission eliminating war profiteering during the Second World War. What a shame we do not have a congress willing to do the work that Truman did in the 1940's.

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