Thursday, May 19, 2005

The 5-Sided Blackhole

Now HERE is an article that gets it 100% right...

WHAT HAPPENED TO $1 TRILLION?

Though Defense has long been notorious for waste, recent government reports suggest the Pentagon's money management woes have reached astronomical proportions. A study by the Defense Department's inspector general found that the Pentagon couldn't properly account for more than a trillion dollars in monies spent. A GAO report found Defense inventory systems so lax that the U.S.

Army lost track of 56 airplanes, 32 tanks, and 36 Javelin missile command launch-units.

And before the Iraq war, when military leaders were scrambling to find enough chemical and biological warfare suits to protect U.S. troops, the department was caught selling these suits as surplus on the Internet "for pennies on the dollar," a GAO official said.


And why is this constant waste perpetuated?

Danielle Brian, director of the Project on Governmental Oversight, a nonprofit group in Washington, D.C., said waste has become ingrained in the Defense budget because opposition to defense spending is portrayed as unpatriotic, and legislators are often more concerned about winning Pentagon pork than controlling defense waste.


Throw in needless, $200 Billion and counting wars and you've pretty much summed it up.

Patriotism the last refuge of scoundrels and profiteers.

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