Nice that they had YET ANOTHER hearing, but why aren’t heads rolling? They want to privatize the military, yet no one is accountable……this shit wouldn’t be tolerated in the real business world. I wonder how much money has been wasted on all the hearings in the past two years…..hearings to NOWHERE. No resolve…..no consequences.

The Pentagon cannot account for nearly 15 billion dollars in payments for goods and services in Iraq, according to an internal audit which members of Congress blasted Friday as a “shocking” accountability failure.

Of 8.2 billion dollars in US taxpayer-funded defense contracts reviewed by the defense department’s inspector general, the Pentagon could not properly account for more than 7.7 billion dollars.

The lack of accountability of the funds, intended for purchases of weapons, vehicles, construction equipment and security services, amounted to a 95 percent failure rate in basic accounting standards, according to the report.

More at AFP