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U.S. Taxpayer Billions Spent by Military Contractors Fun & Profits?
04-25-2016, 04:45 PM (This post was last modified: 04-25-2016 04:47 PM by Thinker.)
Post: #1
U.S. Taxpayer Billions Spent by Military Contractors Fun & Profits?
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How the US Blew Millions of Dollars Airlifting Cashmere Goats to Afghanistan

Alternative way of moving money?

The Pentagon airlifted Italian goats to Afghanistan as part of a failed $6 million project aimed at boosting the country's cashmere industry.

That's one of the latest findings from John Sopko, the special inspector general for Afghanistan reconstruction, who testified at a Senate hearing yesterday on the Defense Department's efforts to boost the Afghan economy at a cost of more than $600 million.

SIGAR, Sopko said, "has not been able to find credible evidence showing that TFBSO's [Task Force for Business and Stability Operations] activities in Afghanistan produced the intended economic growth or stabilization outcomes that justified its creation."

The Pentagon's cashmere project entailed importing nine rare blond male goats from Italy, building a farm, and setting up a laboratory to certify the their wool. It's possible the program created as many as 350 jobs. But according to Sopko, the Pentagon failed to track its spending, and the project's status is unknown.

It remains unclear whether or not the goats were eaten.

Sopko has detailed other examples of waste and unchecked spending in Afghanistan, including $150 million for private security and rented villas for the Pentagon's business task force, a $47 million "Silicon Valley-type start-up incubator" that "did nothing," according to the contractor implementing the project, and a $7.5 million project to increase the sales of hand-knotted Afghan carpets.

The Pentagon's business task force "claims to have created nearly 10,000 carpet weaving jobs through this program," Sopko's prepared testimony notes, "however our initial analysis has left us questioning the veracity of this figure."
http://www.motherjones.com/politics/2016...wool-waste

Wasteful spending hasn't stopped and a clear indicator that the system of money management and leadership is broken - Who's stealing American dollars from the people?

Follow the money and you'll find the corruption!

2011 - Pentagon's wasteful spending

2013 - McCaskill Quizzes Hagel on Wasteful Spending at Pentagon During Nomination Hearing

2016 - Ayotte Discusses Hearing to Investigate $800 Million Dollars Wasteful Pentagon Spending in Afghanistan

Thinker, proud member of Realist News since Nov 2013.
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04-25-2016, 04:50 PM (This post was last modified: 04-25-2016 04:51 PM by Thinker.)
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$534 billion - Nobel Peace Prize winner Obama requests record-high Pentagon budget
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Americans getting robbed by the endless cash flow being poured into the Pentagon war machine, that no one is accounting for. Americans taking the hit for fraud and corruption in spending.

President Barack Obama’s administration has submitted a record shattering budget request to Congress, asking legislators to approve $534 billion in Pentagon spending for 2016.

Although defense spending perennially increases, this year’s amount is the largest ever, and does not even include the billions needed to fund the ongoing wars in Afghanistan, Iraq and Syria.

Stephen Miles, advocacy director of Win Without War, breaks down why the Nobel laureate is taking such an unprecedented step.

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