TODAY’S QUIZ….Last year Congress allocated $18.4 billion for Iraqi reconstruction projects. According to a new report from the Center for Strategic and International Studies, how much of this money has actually reached Iraqi hands?
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23%
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14%
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6.4%
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2.7%
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1.5%
You guessed it: the answer is E, or $270 million. The rest of the money has either been left unspent or has been hoovered away by security, corruption, CPA overhead, and foreign salaries. What’s left amounts to about $1 per month per Iraqi. Sweet!
Needless to say, this gross mismanagement is courtesy of George Bush, your CEO president. Maybe it’s time for the board of directors to take another look at his contract?
