Ponzi Schemes Worse Than Bernard Madoff's

Ponzi Schemes Worse Than Bernard Madoff's


Bernard Madoff
former SEC Chairman Harvey Pitt estimated the actual net fraud
to be between $10 and $17
billion
http://en.wikipedia.org/wiki/Bernard_Madoff
Iraqi President Jalal Talabani
Iraq “Loses” 18 BILLION Dollars in U.S.
Donations to corruption, theft, etc.
The U.S. Government aid to Iraq for Department
of Defense Security Assistance: Fiscal Year
2008: $1,283,818,508 Fiscal Year 2007:
$1,299,142,722 Fiscal Year 2006: $4,234,844,714
http://us-foreign-aid.findthebest.com/question/1032/1590/How-much-m...
to-Iraq-for-Department-of-Defense-Security-Assistance
November
19, 2008
http://alternate-power.org/iraq-loses-18-billion-dollars-in-us-dona...

theft-etc/
Hamid Karzai President of the. Islamic Republic
of Afghanistan

The U.S. Government aid to Afghanistan for
Other State Assistance: Fiscal Year 2008:
$2,028,680 Fiscal Year 2007: $2,279,328 Fiscal
Year 2006: $1,447,768
http://us-foreign-aid.findthebest.com/question/12/1590/How-much-mon...


to-Afghanistan-for-Other-State-Assistance


Mr. Asif Ali
Zardari President of the Islamic Republic of Pakistan.



Mr. Pervez
Musharraf Former President of the Islamic Republic of Pakistan.
According to the
Congressional Research Service, Pakistan has received more than 20
TEMO

United States
House of Representatives
The total number of voting representatives is fixed
by law at 435.
$16 billion that
Congress spent on earmarks in fiscal year 2010
http://abcnews.go.com/Politics/republican-ban-earmarks-good/story?i...

Programs  spending more than $1.5 billion
The Department of Defense's FY 2011
$137.5 billion procurement and $77.2 billion RDT&E budget requests included
several programs with more than $1.5 billion.

The Department of Defense's FY 2011 $137.5 billion procurement and $77.2 billion RDT&E budget requests included several programs with more than $1.5 billion


Program↓ 2011 Budget request[10]↓ Change, 2010 to 2011↓
F-35 Joint Strike Fighter $11.4 billion +2.1%
Ballistic Missile Defense (Aegis, THAAD, PAC-3) $9.9 billion +7.3%
Virginia class submarine $5.4 billion +28.0%
Brigade Combat Team Modernization $3.2 billion +21.8%
DDG 51 Aegis-class Destroyer $3.0 billion +19.6%
P–8A Poseidon $2.9 billion −1.6%
V-22 Osprey $2.8 billion −6.5%
Carrier Replacement Program $2.7 billion +95.8%
F/A-18E/F Hornet $2.0 billion +17.4%
Predator and Reaper Unmanned Aerial System $1.9 billion +57.8%
Littoral combat ship $1.8 billion +12.5%
CVN Refueling and Complex Overhaul $1.7 billion −6.0%
Chemical Demilitarization $1.6 billion −7.0%
RQ-4 Global Hawk $1.5 billion +6.7%
Space-Based Infrared System $1.5 billion +54.4%

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Comment by Scolos Narbarson on July 23, 2011 at 10:31pm

Very informative Charles Earl Harvey. Thank you for bringing this information here for Us to learn from. This has got to stop. All the waste of "money" is symbolic for the more critical waste of finite resources. This is insane.

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