In 2008 Congress created the bipartisan commission on wartime spending. The commission, set to expire the end of next month, was setup to function as a Truman style commission. They have finally released their report and it shows how much waste there actually has been in Iraq and Afghanistan: As much as $60 billion in […]
Finally we are starting to see some accountability from the wasted adventure called Iraq: In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn (£88bn) in a US -directed effort to reconstruct Iraq after […]
I can’t say that this comes as any shock: In the six weeks since lawmakers approved the Treasury’s massive bailout of financial firms, the government has poured money into the country’s largest banks, recruited smaller banks into the program and repeatedly widened its scope to cover yet other types of businesses, from insurers to consumer […]