Thursday, July 7, 2011

The “War On Terror” Is A $6 Trillion Racket, Exceeding The Total Cost Of World War II

When you breakdown the spending on the War on Terror, you see hundreds of billions of dollars in shocking fraud and waste across the board. When it comes to fraud, a Defense Department report revealed:

“The military paid a total of $285 billion to more than 100 contractors between 2007 and ’09, even though those same companies were defrauding taxpayers in the same period… What’s perhaps most shocking is that billions of dollars went to contractors who had been either suspended or debarred for misusing taxpayer funds. The Pentagon also spent $270 billion on 91 contractors involved in civil fraud cases… Another $682 million went to 30 contractors convicted of criminal fraud.”

There have also been several cases where billions of dollars have gone missing. To name one recent revelation, the Federal Reserve shipped between $6.6 billion to $18.7 billion to Iraq for reconstruction that was stolen. The reason there is such discrepancy in the amount stolen in this case is due to the fact that the New York Federal Reserve is refusing to disclose the total amount. This is just one of several cases where billions of dollars in aide to Iraq and Afghanistan have gone missing. Not to mention the obscene and exorbitant fees charged by many private military companies. Earlier this year, the Congressional Commission on Wartime Contracting revealed that “tens of billions of dollars” have been wasted on private military contractors in Iraq and Afghanistan – and the amount spent on private contracting has dramatically increased during the Obama Administration.

When it comes to shocking examples of waste, it costs the military in Afghanistan $400 for a gallon gas, and the Marines alone use 800,000 gallons a day. Another report reveals that the military spends $20.2 billion a year on air conditioning. That’s $20.2 billion a year on AC. There are more absurdities in military spending than you can imagine. The list goes on and on.