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Libya, Inc.: Coming Waste, Fraud and Other Forms of Plunder on a Grand Scale

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Libya, Inc.: Coming Waste, Fraud and Other Forms of Plunder on a Grand Scale - by Stephen Lendman

Like in Iraq, Afghanistan and elsewhere, wherever America and its Western allies show up, pillaging is sure to follow. 

Libya is no exception, earmarked as another profit center to be exploited. A previous article discussed it, accessed through the following link:

click here

It explained the process now begun to carve up the Libyan corpse for profit at the expense of millions of people who deserve better. 

However, they're entirely left out of America's imperial agenda going forward with rich spoils at stake, including the usual waste, fraud and other pickings on an enormous scale.

A new congressional "Commission on Wartime Contracting in Iraq and Afghanistan" investigation highlighted what Libya can expect. Titled, "Transforming Wartime Contracting: Controlling costs, reducing risks," it documented plunder on a grand scale.

Access the full report through the following link:

click here

It begins, saying:

"At least $31 billion, and possibly as much as $60 billion, has been lost to contract waste and fraud in America's contingency operations in Iraq and Afghanistan."

Calling its estimates conservative, it suggested the true amount is far greater than congressional investigators admit.

A previous article covered a decade of US war costs, accessed through the following link:

click here

It discussed a June Brown University Watson Institute for International Studies (WIIS) "Cost of War" report, estimating (post-9/11) around $5,444 trillion spent and projected with all related expenses and obligations included. 

In fact, including all related categories, America now spends around $1.5 trillion annually, suggesting a conservative post-9/11 total double or more Watson's figure.

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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cuz I can see the bodies piling up as this hideous... by Virginia Simson on Sunday, Sep 4, 2011 at 3:54:27 AM