Saturday, November 23, 2013

Five Pentagon Projects That Are Costing Mega-Billions

The Pentagon, headquarters of the United States Department of Defense, taken from an airplane in January 2008. Wikipedia

5 Insanely Wasteful Projects the Pentagon is Spending Your Money On -- Policymic

You'd think the U.S. military would have learned a lesson or two about wasteful spending after scandals over purported $100 hammers, $300 toilet seats, and $16 muffins. But it turns out the Pentagon is still presiding over one of the most catastrophically wasteful militaries on Earth. In a way this makes perfect sense: having an annual half-trillion dollar budget and exemption from federal audits is enough to make any branch of government careless with its finances. And some of these mistakes are almost understandable given the vast scale of the U.S. military, like last year when the Department of Defense (DoD) purchased more than $700 million in supplies and equipment that were already overstocked. But with service members facing sharp cuts to their benefits as part of the next round of sequestration, there's no positive way to frame military waste. Here's a list of the more outrageous projects the DoD deems more important than the housing and education of our nation's soldiers.

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My Comment: No argument from me on this list.

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