Daily Outrage: Most of $9.1 billion in oil money for rebuilding Iraq goes missing 

WHAT: The U.S. special investigator for Iraq reconstruction reported that the Defense Department doesn’t know what became of 95 percent of $9.1 billion in Iraqi oil money intended for rebuilding the war-ravaged nation.

WHY IT’S OUTRAGEOUS: Seven years after the U.S.-led invasion toppled Saddam Hussein’s dictatorship, Iraqis still suffer shortages of basic services such as electricity, clean water and even gasoline. This doesn’t exactly win the populace’s hearts and minds.

WHAT’S NEXT: There’s little to show for the massive funds pumped into the cash-strapped nation by American taxpayers and Iraq’s own oil revenue. The same problems are already surfacing in Afghanistan.

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Rich Bunnell

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