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Blood money: Wasted billions, lost lives, and corporate greed in Iraq
An explosive indictment of how the Bush Administration wasted billions in Iraq--through sweetheart deals to G.O.P. supporters, outrageous contracts to corrupt companies, and absurdly naïve assumptions. It was supposed to be quick and easy. The Bush Administration even promised that it wouldn't cost American taxpayers a thing Iraqi oil revenues would pay for it all. But billions and billions of dollars and thousands of lives later, the Iraqi reconstruction is an undeniable failure. Iraq pumps out less oil now than it did under Saddam. At best, Iraqis average all of 12 hours a day of electricity. American soldiers lack body armor and adequate protection for their motor vehicles. Increasingly worse off, Iraqis turn against us. Increasingly worse off, our troops are killed by a strengthening insurgency.
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