Who Is Watching Your Money?

Wednesday, October 19, 2005

A recent article by Knight Ridder has exposed the lack of contract oversight in Iraq. The inspector general for the Department of Defense withdrew all auditors from Iraq in the fall of 2004, according to Lt. Col. Rose-Ann Lynch, spokeswoman for the Defense Department's inspector generals office. What does this mean for you and I? Currently there is $142 billion in taxpayer money allocated for the reconstruction of Iraq with no auditors from the Defense Department reviewing how the money is being spent. According to the article, between October of 2004 and this month only 1 of the 107 audits listed on the Defense Department IG's website involved Iraq. Lt. Col. Lynch told Knight Ridder that the Defense Department Inspector General "currently has no specific audits being conducted in Iraq."

This is our money America. It is taxpayer money that we worked hard for. Would you sit by and allow someone to rip you and your family off? Do you look at receipts to check if your being "swindled". I will end this asking just one question: If you were running a business, is this how you would handle your contracting and spending?

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