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Monday, July 28, 2008

you know what i say

what's $142,000,000 anyway? our lives are falling apart. we can't afford groceries and oil and gas and insurance (health) and on and on. yet YOUR government just keeps pissing ALL of our money away.


U.S. Says Contractor Made Little Progress on Iraq Projects


Washington Post Staff Writers

The U.S. government paid a California contractor $142 million to build prisons, fire stations and police facilities in Iraq that it never built or finished, according to audits by a watchdog office.

The Special Inspector General for Iraq Reconstruction (SIGIR) said Parsons of Pasadena, Calif., received the money, part of a total of $333 million but only completed about one-third of the projects, which also included courthouses and border control stations. The inspector general's office is expected to release two detailed audits today, evaluating Parsons's work on the contract, which is worth up to $900 million.

"Far less was accomplished under this contract than originally planned," the inspector general wrote. "Millions of dollars in waste are likely associated with incomplete, terminated and abandoned projects under this contract." Auditors did not give a dollar figure of how much had potentially been wasted, but they said Parsons got about 10 percent -- or $11.3 million -- of the $108 million of award fees it could have received..............

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