The Buck Stops Where?
by Arianna Huffington
Salon
http://www.salon.com/opinion/huffington/2005/02/10/truman/ The buck stops where?
Only 27 cents of every dollar spent on rebuilding Iraq actually reaches Iraqis. It's time for Congress to investigate the corruption that's pouring billions of dollars of U.S. taxpayers' money down the drain -- or into Halliburton's pockets. >snip
In 1941, as the United States was on the verge of entering World War II, Sen. Harry S. Truman launched an investigation into reports of widespread waste, corruption and mismanagement in the nascent war effort. Over the next three years, the Truman Committee held hundreds of public hearings, visited military bases across the country and ended up saving taxpayers $15 billion. His efforts also saved countless lives by rooting out contractors using inferior materials and producing shoddy equipment. >snip
By even the most charitable standard, the effort to rebuild Iraq has been an unmitigated disaster. A cornucopia of waste, fraud, ineptitude, cronyism, secret no-bid contracts and profiteering cloaked in patriotism. There is the $9 billion the U.S.-led occupation government can't account for; the over 70 investigations into potential criminal cases involving U.S.-funded projects; the ongoing billing disputes with Halliburton, which despite having repeatedly ripped off taxpayers continues to receive billion-dollar contracts; the $20 billion in Iraqi oil money kept track of by a single accountant; the study showing that up to 30 percent of reconstruction funds are being lost to fraud and corporate malfeasance. Whether you are passionately in favor of the war or passionately against it, don't you want to know exactly where our money is going and how we can stop the corruption? >snip
Now Leach, together with Rep. John Tierney, D-Mass., is considering the best way to revive the Truman Committee bill and bring it to the floor, where it will be very hard to vote against it. "We're going to put out a 'Dear Colleague' letter this week," Leach told me, "to see how many cosponsors we can get for the legislation. This is more urgent now than it was when I first introduced the bill. We have to give the public confidence that their money is being used wisely. Accountability is difficult at home and much more difficult abroad, so oversight is even more critical.">more