$1.1 Trillion Missing...Where is the Money?

Very disturbing. The financial scandals are starting to pile up and my patience is wearing thin. These incompetent, financially irressponsible, dishonest folks are doing something vile. To lose track of or refuse to reveal where so much money is going is simply disgraceful.
 
Study: Katrina Aid From Abroad Was Lost
By WILLIAM C. MANN, Associated Press Writer

Thu Apr 6, 10:12 AM ET

WASHINGTON - Federal auditors laid out a scenario of omissions, missteps and bureaucratic nightmares that caused the loss of money and other donations sent from abroad to help victims of Hurricane Katrina.

The Government Accountability Office attributed the errors, which involved as many as eight government agencies, to the United States' lack of experience as a recipient of huge amounts of aid from others.

"Given that the U.S. government had never before received such substantial amounts of international disaster assistance, ad hoc procedures were developed to manage the acceptance and distribution of the cash and in-kind assistance," the GAO said in remarks prepared for delivery to a House committee Thursday.

"It is understandable that not all procedures would be in place at the outset."

The agency said $126 million in cash came in from 36 countries after the Aug. 29 hurricane devastated New Orleans and much of the Mississippi Gulf Coast.

Without a plan for dealing with such a large-scale influx, legal restrictions kicked in that required almost half the cash to be held in accounts that paid no interest, resulting in a loss of almost $1 million and diminished buying power for eventual hurricane relief.

Because $400 million more has been pledged but not yet received, the GAO is urging that instructions be put in place quickly to handle the money.

"We want to find out if our government, in effect, looked this generous gift horse of foreign aid in the mouth," Rep. Tom Davis, R-Va., said of the hearing before his House Government Reform Committee. "It does no good to be offered money, or water, or food, or potentially lifesaving medical supplies if we don't get those donations into the hands of the people who need them."

Money was not the only shortcoming of the response to one of the nation's most expensive and deadly natural disasters, which killed almost 1,100 in Louisiana alone and hundreds more elsewhere.

Typical of the misadventures was the failure to enlist government quality-control experts from the Agriculture Department and the Food and Drug Administration.

This resulted in importation of medical items and military food packages that should not have been allowed into the country; because they were, the government had to pay for storing them. One shipment of banned military meals-ready-to-eat was delivered directly to a U.S. base, whose personnel distributed them to hurricane victims.

The report, which will be published later, is the latest of a series of papers that have documented widespread mistakes and incompetence at all levels of government after the storm broke or overran some of the levees on which New Orleans depended for its survival. Wide areas of the city remain unrepaired.

SOURCE: http://news.yahoo.com/s/ap/20060406..._wE;_ylu=X3oDMTBjMHVqMTQ4BHNlYwN5bnN1YmNhdA--

More Missing Money!!!...."Someone" is getting Damn Good at Funneling Money Right from Under the Noses of our Nation's Bureaucracy

capt.ardj10204052147.ark_storms_ardj102.jpg

Some of more than 10,000 mobile homes sit at the Hope, Ark., airport in this Feb. 24, 2006, file photo. Mobile homes parked at Hope that were originally intended for Hurricane Katrina victims might be used to help Arkansans left homeless by Sunday's tornadoes, instead, a state emergency official said Wednesday, April 5, 2006.
 
Damn look at all those \ :rolleyes: .Does not seem to be a bad thing. It just depends what do they plan to do with them. There were homeless people in America before Katrina right?
 
FEMA spent about $858 million on manufactured homes, and about $40 million on modular homes.

About 11,000 mobile homes are sitting at an airport in Hope, Ark. But they are sinking in the mud and their frames are bending, meaning they may not be able to be used at all, Skinner said. Some had flaws when they were delivered, while others are being cannibalized for parts.

"These trailers are going to take the place of those very expensive toilet seats that we remember," said Sen. Joe Lieberman, D-Conn., the committee's ranking member.

FEMA spokesman Butch Kinerney said there currently is more need for travel trailers because the mobile homes cannot be placed in floodplains. He said FEMA also is having problems finding locations that are clear of debris or have adequate infrastructure for the homes, such as gas, electricity and sewage. And he said some communities have yet to accept the homes.

He said FEMA plans to hold onto the homes until they can be used, either for next year's hurricane season or for other disasters. He added that FEMA will make needed repairs.

"I don't think they're necessarily going to go bad as quickly as people think," he said. "It's a long and slow process."

Skinner said he does not believe FEMA is prepared to deal with another disaster on the scale of Hurricane Katrina.

"I know that they are in the process of preparing themselves," Skinner said. "They recognize they made many, many mistakes after Katrina, Rita and Wilma ... but they're not where they should be."

He added: "If a disaster occurred today, I think that we would be no better prepared than we were after Katrina."

http://www.govexec.com/dailyfed/0206/021306c1.htm

______________________________________________________________

:rolleyes: http://speakers.biorelationships.com/layout4.php?event=2434&topic=

Bush is Sending Katrina Mobile Homes to Iraq

WASHINGTON, DC — President Bush lashed out at critics who wondered why FEMA spent more than $878 million on 25,000 manufactured homes that have been put in storage around the country because its own rules prevent them from being set up in flood areas such as New Orleans.

Using the kind of creative flexibility that has highlighted his Presidency, Mr. Bush has decided to preemptively strike Iraq with a shipment of these very same mobile homes unsuited for placement in New Orleans.

Bongo News has obtained exclusive transcript of President Bush describing his rationale for “gittin' those mobile homes air lifted to my own personal Crusade Land in the Desert.”

"Them I-Rackee folk need these here homes so that when they git attacked, they got some kind of roof over their towel heads.

"I'm not going to sit idly by while good I-Rackee citizens have to sustain home invasions in mud huts. If someone's gotta buy the farm execution style, at least give that there someone a half decent RV where you can serve up some Jim Beams in a white trash wet bar, the kind Laura, the twins and I use in Crawford.

"If some insurgent Al Kiter is breakin' into my home for a beheadin', Christ almighty, have some kind of vinyl couch a yungin' can pick up cheap at Costco, for the darn head to land on. Last thing the brave I-Rackee people need is to have family skulls rollin' around in dirt near Grandpa lyin' there in a vegetative state from chronic hasheesh intoxication.

"Now as far as the Katrina victims, they're headin' for Iraq too. No hurry canes there, so what do they need trailers for? They can keep stayin' at those welfare hotels in Baghdad. I can just hear them colored now: 'Hey, Abdul, the cable's not workin' in my room, sucker! Where's my continental breakfast, Mohamar? You're here to kill all us dark infidels? Get the hell out of this suite or I'm gonna slam dunk you into Donovan McNab's vegetable soup. Either that, or have his Momma take you into the baffroom and jiggle your ass into her toilet.'

"Gittin' back to the I-Rackees, we're goin' to git Red State and Christian by addin' some 'ol fashioned American pool tables into all those pre-fab homes we're shippin' over there. One I-Rackee will be the rackee for the balls, the other I-Rackee will break the rack and hope the cue ball doesn't go into the sidepocket.”

Van Gross, MD
 
Twenty years ago I used to work with this guy who told me that while he was in the military they would often do inventory on all kinds of equipment, (spare parts, weapons, etc.) and find more than there was supposed to be. These items would then be loaded onto trucks and buried in the desert. The funny thing he said was that each year they would go out to the exact same area and bury more stuff. He thought back then there was some sort of scam going on to sell the buried equipment on the Black Market but never found out anything more about it.
 
Somewhere in America, there were some fat cats sitting around on the Anniversary of Katrina, grinning & watching replays of Kanye say..."Bush doesn't care about Black people..."
 
neo_cacos said:
Waiit....
Lemme Check My Bank Account...

:lol: :lol: :lol:

Bruh... Don't even bother.

1.1 TRILLION???

With that type of money, even Bill Gates would be left shaking his head and standing in the corner like a poor man.

Nobody has that type of money in their bank account. How in the hell do you loose that kind of money????
 
The Dark Mind said:
:lol: :lol: :lol:

Bruh... Don't even bother.

1.1 TRILLION???

With that type of money, even Bill Gates would be left shaking his head and standing in the corner like a poor man.

Nobody has that type of money in their bank account. How in the hell do you loose that kind of money????
Nobody loses 1.1 Trillion dollars...they think were all stupid. I didn't vote for these buffoons thats for sure. Remember the crackerz love to steal! This is just another thing they've stolen and will make a come up on. They stole us, they stole this country...they stole the elections...with an "s" as in more than once. I'm not suprised that they nor anyone else cares, people are way too fat and stupid these days happy with the crumbs they allow us to thrive on. I say we start burning shit again, just this time we burn THEIR shit, not our own.
I hope they all get penis cancer in the meantime.
 
Many profited from fraud funded by Katrina Victims suffrage, from volunteer Red Cross to the higher ups of Fema, greedy people were cutting their own checks.

Most of the ones that were prosecuted were the Red Cross workers, the left a paper trail of false names, minors names', doubled payments, false claims of residence and used of deceased persons' information. The ones who benefitted substancially, cover each other and get the big money.
 
GET YOU HOT said:
Many profited from fraud funded by Katrina Victims suffrage, from volunteer Red Cross to the higher ups of Fema, greedy people were cutting their own checks.

Most of the ones that were prosecuted were the Red Cross workers, the left a paper trail of false names, minors names', doubled payments, false claims of residence and used of deceased persons' information. The ones who benefitted substancially, cover each other and get the big money.
don't be shy, name em
 
Names are insignificant at this point, unless you are planning on prosecuting, I sure you can find one whole article to post... :hmm:
 
Back
Top