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Pentagon reports largest theft of funds in U.S. history. Billions of dollars transported to Iraq by a squadron of C-100s are missing. JIM KOURI

Cat 2011/06/14 19:50:53





Billions of dollars transported to Iraq by a squadron of C-100s are missing.

Billions of dollars transported to Iraq by a squadron of
C-100s are missing.


Credits:


DoD File Photo



In what's being characterized as the largest theft of funds
in national history, taxpayers' money earmarked for Iraq has disappeared,
according to a Washington, D.C., public-interest group that investigates and
prosecutes government corruption and abuse.








In a mind-boggling example of government corruption, billions
of dollars flown to Iraq for post-invasion “reconstruction” have vanished and
may never be recovered, say officials from Judicial Watch.


Bundled in chunks of $100 bills, the cash was sent from the
United States to Iraq in turboprop military cargo planes known as C-130
Hercules. About $2.4 billion fit in each aircraft and 21 flights made trips,
transporting a total of $12 billion in American currency to Iraq by
2004


For years federal audits have
determined that more than half of that money could not located by auditors, but
there seemed to be some hope that some of the funds could be
retrieved.


However, this week the Special
Inspector General for Iraq Reconstruction, Stuart Bowen, essentially confirmed
that $6.6 billion in cash was likely stolen and may never be
recovered.


Bowen referred to it as "the largest
theft of funds in national history," in a Los Angeles Times newspaper report
that pointed out the missing money is enough to run a major public school
district for an entire year.


The story also claims that the mystery
is a growing embarrassment to the Pentagon, which has long asserted that it
could track the cash if given the time to do it.


This is simply the latest of many
reports documenting the pervasive fraud and waste in Iraq reconstruction
efforts, which have received more than $100 billion from U.S.
taxpayers.


In the last few years Inspector General
audits have exposed the sordid details of costly projects that never got
completed or are rife with excessive delays and shoddy work.


There are also investigations into
bribery and embezzlement cases such as the one reported yesterday by the Public
Safety Examiner in which Major Derrick L. Shoemake, 49, pleaded guilty Monday
before U.S. District Court Judge Dolly M. Gee in the Central District of
California to two counts of accepting bribes while serving overseas. According
to the court document, Major Shoemake served at Camp Arifjan in Kuwait as a
contracting officer’s representative in charge of coordinating and accepting
delivery of bottled water in support of U.S. troops in Iraq.



While serving in Kuwait, Shoemake agreed to assist a
contractor with his delivery of bottled water. In return, the contractor paid
Shoemake $215,000, most of which was delivered to Shoemake’s designee in Los
Angeles.


Major Shoemake received an additional $35,000 from a second
contractor for his perceived influence over the award of bottled water contracts
in Afghanistan. In total, Shoemake admitted receiving approximately $250,000
from these two government contractors in 2005 and 2006.







Jim Kouri, CPP, formerly Fifth Vice-President, is currently a
Board Member of the National Association of Chiefs of Police, an editor for
ConservativeBase.com, and he's a columnist for Examiner.com. In addition, he's
a blogger for the Cheyenne, Wyoming Fox News Radio affiliate KGAB (
www.kgab.com). Kouri also
serves as political advisor for Emmy and Golden Globe winning actor Michael
Moriarty.

He's former chief at a New York City housing project in
Washington Heights nicknamed "Crack City" by reporters covering the drug war in
the 1980s. In addition, he served as director of public safety at a New Jersey
university and director of security for several major organizations. He's also
served on the National Drug Task Force and trained police and security officers
throughout the country. Kouri writes for many police and security magazines
including Chief of Police, Police Times, The Narc Officer and others. He's a
news writer and columnist for AmericanDaily.Com, MensNewsDaily.Com,
MichNews.Com, and he's syndicated by AXcessNews.Com. Kouri appears regularly
as on-air commentator for over 100 TV and radio news and talk shows including
Fox News Channel, Oprah, McLaughlin Report, CNN Headline News, MTV,
etc.


To subscribe to Kouri's newsletter write
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  • THE ONE 2011/06/14 21:45:14
    THE ONE
    +12
    NOW FOR A CRIME CLOSER TO HOME: THE AMERICAN PEOPLE ARE TRYING TO FIGURE OUT WHERE THE "SHOVEL READY JOBS" AND THE $864,000,000,000.00 STIMULUS DOLLARS ARE.

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  • S. Gompers 2011/06/19 06:42:25
    S. Gompers
    That is not the first time this has happened, quick, raise my taxes, send more, and watch it happen again.

    Meanwhile the dollar is falling, falling, almost gone...
  • Al C. 2011/06/17 21:01:32
    Al C.
    Out politicians have to be the dumbest sons of bitches on the planet!!!!!!!!!!!!!!!!!!!!!!!...
  • gibyob 2011/06/17 13:03:49
    gibyob
    The same mentality that gave us the ATF's "Fast and Furious", the "Shovel Ready Campaign"nd many more... they are inept and should be tried fro treason.
  • CHUCK 2011/06/16 20:17:35
    CHUCK
    +2
    """ Bundled in chunks of $100 bills, the cash was sent from the
    United States to Iraq in turboprop military cargo planes known as C-130
    Hercules. About $2.4 billion fit in each aircraft and 21 flights made trips,
    transporting a total of $12 billion in American currency to Iraq by
    2004 """


    MY MATH SUMS UP TO 50.4 BILLION


    ( 2.4 BILLION TIMES 21 FLIGHTS ) ==50.4 BILLION..

    OBAMA S WAR WITH LIBYA COSTS SO MUCH ,EVEN RUSH LIMBAUGH IS AFRAID TO TALK ABOUT IT..
  • MG-42 CHUCK 2011/06/16 20:43:06
  • . 2011/06/16 11:08:52
  • MG-42 2011/06/15 19:27:20
    MG-42
    +1
    It's probably in Obama's grandma's house!
  • Annie~Pro American~Pro Israel 2011/06/15 18:01:36
    Annie~Pro American~Pro Israel
    +1
    This is outrageous!
  • MG-42 Annie~P... 2011/06/16 20:25:23
  • Annie~P... MG-42 2011/06/16 20:39:45
    Annie~Pro American~Pro Israel
    +1
    Perfect!!
  • MBSVirginia BN-2 2011/06/15 15:50:24
    MBSVirginia BN-2
    +3
    What cluster f***! We just get screwed at every turn while our citizens are trying to keep their heads above water. We need a new system with new players. ALL of Washington is corrupt and plays dirty political games. What a shame.
  • CHUCK MBSVirg... 2011/06/16 20:18:38
    CHUCK
    +1
    LET OUR FELLOW SODA HEADS RUN WASHINHTON..
  • MBSVirg... CHUCK 2011/06/16 20:30:24
    MBSVirginia BN-2
    Which faction would you choose? We have a lot of mainstreamers here on SH and a lot of crazy ass zealots (on both sides of the fence). Would you care for the job???
  • Matt 2011/06/15 15:32:43
    Matt
    +5
    This is the third largest theft in U.S. history ! TARP and the bailouts are #1 & #2 ! Our government is guilty of aiding and abetting all three !
  • zkittle06 2011/06/15 13:34:27
    zkittle06
    +1
    Who would have thought we would be wastefully spending our ridiculous military funding?
  • ☆The Rock☆ * AFCL* The Sheriff!!
    +5
    We got worse thieves running the Federal Reserve!!
  • XZQZQ 2011/06/15 07:25:35
    XZQZQ
    +5
    The American taxpayer has been bending over and grabbing the ankles for quite some time....
  • The Govenor 2011/06/15 05:13:04
  • miller51550 2011/06/15 04:20:27
    miller51550
    +7
    Question is?

    Why in the HELL was the money sent there in the FIRST PLACE.

    We should have taken over the oil fields first.. Used those funds to pay for our expenses to run the war, and then used the money to make the improvements in Iraq.

    Anything left over goes to the PEOPLE not the despots and crooks in power.

    Major was so dumb he got caught..

    Obama lies, commits treason, forgery and uses the Constitution for toilet paper in the White House and nothing is said or done.

    Prime example of taking gutter trash out of Chicago and promoting them to the real world.
  • Annie~P... miller5... 2011/06/15 17:49:17 (edited)
    Annie~Pro American~Pro Israel
    +1
    Exactly miller. Iraq should be paying us, why the hell are we shipping them money?
  • CHUCK Annie~P... 2011/06/16 20:19:35
    CHUCK
    +1
    BECAUSE WE OUR STUPID..
  • JanHopkins 2011/06/15 03:53:14
    JanHopkins
    +5
    Wonder what terrorist group that's funding?
  • Afriserb JanHopkins 2011/06/15 18:48:34
    Afriserb
    +1
    mmmm let's see......... Hammas/Hezbola/Mujahideen/Fat... Brotherhood/Al Qaeda/KLA/Chechnian Fundamentalists to name a few. If I did some homework I'm sure I could find a lot more though ;0)
  • kaZappoo 2011/06/15 03:46:58
    kaZappoo
    +7
    first CAT thanks for the links ,,,,

    now this is not surprising ,,, quite disgusting but not surprising ,,,,,,,,,,
    especially after people in this country are struggling to live ,, 1/3 on food stamps 1/3 unemployed & food stamps and this govt giving billions away to iraq /pak /afg ..
    and present leaders focused more on campaigning than saving the economy /creating gainfull jobs ...
    then using AF1 to campaign @ 50k an hr .......??
  • Cthulhu 2011/06/15 01:59:07 (edited)
    Cthulhu
    +8
    Quote by Donald Trump:
    "We Spend $10 Billion/month in Afghanistan [and more in Iraq & Libya] but cannot Help American Flood Victims."

    And what about the Pentagon's missing $2.3 trillion dollars reported right before their accounting office blew up on 9/11.

    That amount of money would fill almost all of our budget gaps but you hear nothing about it.

    Corruption is right up in our faces. We should work to end these wars.
  • Max 2011/06/15 00:04:00
    Max
    +4
    It's no wonder the money printing presses are working overtime. But these billions pale in comparison to the trillions released by the present and former administrations.
  • jesse 2011/06/15 00:02:56
    jesse
    +6
    just more devaluation!
  • maggied45 2011/06/15 00:01:34
    maggied45
    +6
    Well, the biggest theft in American history was the bailout - but this is outrageous.
  • RogerCoppock 2011/06/14 23:36:10
    RogerCoppock
    +8
    "However, this week the Special Inspector General for Iraq Reconstruction, Stuart Bowen, essentially confirmed that $6.6 billion in cash was likely stolen and may never be
    recovered."

    Two questions:

    1) Why are we making international transfers in $100 bills? The banking system usually transfers funds without shipping currency.

    2) Do we know the series of serial numbers on these $100 bills?
  • Ramon 2011/06/14 23:36:01
    Ramon
    +7
    That is really B.S. I read about this the other day. Out of 12 Billion dollars we shipped over there, more than 1/2 of that cannot be accounted for. 6 Billion dollars of our money that just "vanished." I'm sure Al Quaeda has a bunch of it. This shows again how moronic the US government is when it comes to taking care and accounting for our money. And we want to put them in charge of our healthcare? They are the most wasteful people I've ever seen. Of course they don't care because it's not their money, they haven't worked to earn it. They just take it from us.
  • Afriserb 2011/06/14 23:35:59
    Afriserb
    +6
    Any American Service personel or contractors for that matter! companies like Haliburton & Blackwater spring to mind, found guilty of this crap. Need to be put up against a wall & shot as traitors! They need to have a serious look at the likes of Dick Cheney, just a hunch, but he's had a lot of dealings with these contractors.
  • Ramon Afriserb 2011/06/14 23:38:05
    Ramon
    +7
    The bottom line is that the government needs to take better care of their money. Contractors couldn't steal it if the government was paying more attention to how they handled their(our) money.
  • Afriserb Ramon 2011/06/15 00:00:21
    Afriserb
    +5
    your not wrong, but to pull this off , only the top bod;s, Goverment,Military & Contractor could have pulled this "Oceans's 13" stylie scam off.
  • Ramon Afriserb 2011/06/15 06:49:58
    Ramon
    +1
    Probably right.
  • sbtbill Ramon 2011/06/15 00:00:24
    sbtbill
    +2
    When you get a bunch of people who think government is incompetent and private contractors can do better this is what you get.
  • Ramon sbtbill 2011/06/15 06:55:43
    Ramon
    +2
    Well, this shows just how incompetent the government is. It proves the point. They can't even get money from point A to point B without losing half of it.

    incompetent government proves money losing government throwing money away
  • sbtbill 2011/06/14 23:28:14
    sbtbill
    +2
    This if old news. Tom Hartman has been talking about it for years. Probably no one knows where it is except Donald Rumsfield and maybe Patraius and the other Generals.
  • Bulldog 2011/06/14 23:26:42
    Bulldog
    +9
    Talk about wasteful Government spending!

    Besides, even if we could account for that money, it was going to rebuild an Islamic people in the land of Iraq.

    Regardless of the nobel intent, there is no such thing as an Islamic democracy lasting longer than the first election granting the religious leaders power.

    Wasting soldier's lives, money, and time trying to rebuild our enemies after we crush them is, has been, and will be the death of this nation!

    This story is case and point proof of that last statement! We lost almost as much on this as we did the bailouts and economic stimulus packages!
  • Annie~P... Bulldog 2011/06/15 17:55:27
    Annie~Pro American~Pro Israel
    +1
    Bingo Bulldog!
  • ed 2011/06/14 23:21:38
    ed
    +8
    we as AMERICANS need to raise as much hell as we can on this issue.

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