By William Rivers Pitt
t r u t h o u t | Columnist
Five years in Iraq.
That’s 1,825 days since “Shock and Awe” lit up the skies above Baghdad, all of which was captured live and in living color by unblinking CNN cameras with unobstructed views of the carnage.
3,991 United States soldiers have died in Iraq since then. That’s a little more than two United States soldiers killed per day. Every day. For five years.
More than 40,000 United States soldiers have been wounded in Iraq since then. That’s more than twenty-one United States soldiers wounded per day. Every day. For five years.
The last Congressional Budget Office report on the monetary cost for Iraq dates back to October of last year, and tabulates that cost at $421 billion. The CBO cannot be censured should that number prove lower than what has actually been spent, as it is understood that all the other millions pilfered by profiteers and passed on in bribes were not duly recorded in the books, and thus cannot be accounted for.
The CBO’s number must be considered inaccurately low on spec, thanks in part to a nifty little cash-and-carry hootenanny from three years ago in July of 2005. A report from the UK Guardian tells the tale: “The auditors have so far referred more than a hundred contracts, involving billions of dollars paid to American personnel and corporations, for investigation and possible criminal prosecution. They have also discovered that $8.8 billion that passed through the new Iraqi government ministries in Baghdad while Bremer was in charge is unaccounted for, with little prospect of finding out where it has gone. A further $3.4 billion appropriated by Congress for Iraqi development has since been siphoned off to finance ‘security’.”
But wait, there’s more: “Pilfering was rife,” continues the Guardian report. “Millions of dollars in cash went missing from the Iraqi Central Bank. Between $11 million and $26 million worth of Iraqi property sequestered by the Coalition Provisional Authority was unaccounted for. The payroll was padded with hundreds of ghost employees. Millions of dollars were paid to contractors for phantom work. Some $3,379,505 was billed, for example, for ‘personnel not in the field performing work’ and ‘other improper charges’ on just one oil pipeline repair contract.”
This one example, just one among the multitudes, makes the existence of significant gaps in the accuracy of the information supporting the CBO’s conclusions a safe assumption. As for the money not present on the official balance sheets, well … to paraphrase John Kenneth Galbraith, that cash went to the same place your lap goes when you stand up. Even the guys who stole it probably don’t know what happened to it all, not completely, not for certain. If the Federal Reserve had stuffed those bills into the belly of a ballistic missile and launched the thing into deep space, they’d know exactly as much about where it is as they now know about what happened to the cash literally dumped into Iraq. It’s somewhere, and nowhere, and all the way gone.
$421 billion spent over 1,825 days in Iraq comes to $230,684,931 plus change per day. Every day. For five years.
And that number is low.

