Billions Wasted in Iraq As U.S. States Cut Back Basic Services

As U.S. cities and states closing or selling off parks (here and here) or suspending basic services, another report has confirmed billions of new hospitals and facilities were built in Iraq and then left to rot.

The article below details such things as a $40 million prison, a $165 million children’s hospital and a $100 million waste water treatment system that have gone to waste in Iraq. Previously, reports found that billions have simply disappeared. “More than $5 billion in American taxpayer funds has been wasted — more than 10 percent of the some $50 billion the U.S. has spent on reconstruction in Iraq.”

This estimate is viewed as a highly conservative estimate with the actual amount of theft and waste likely to be much higher.

Source: Yahoo