You'd think our first MBA president would have left the country in a little bit better order. After all don't MBA's have to know a little bit about accounting.
Looks like those WMDs weren't the only thing Bush couldn't keep track of. The recent revelation of $8.7 billion in lost Iraqi oil revenue brings to mind a few other issues the previous administration has had with bookkeeping. These funds were supposed to have paid for reconstruction.
Who'd expect them to keep track of a few billion when they shrink wrapped $12 billion into stacks of 100 dollar bills at the beginning of the Iraq invasion and just off loaded them without accounting. But that's chump change compared to fighting the two wars without raising taxes or cutting spending to pay for them.
Further reading:
http://www.newser.com/story/96537/pentagon-lost-track-of-87b-in-iraqi-oil-money.html
http://www.stripes.com/news/bush-s-plan-to-rebuild-iraq-using-oil-revenues-met-with-skepticism-1.3600
http://www.cbsnews.com/stories/2006/02/09/60minutes/main1302378.shtml
http://www.guardian.co.uk/world/2007/feb/08/usa.iraq1
http://www.politico.com/news/stories/0308/9292.html
http://www.politifact.com/truth-o-meter/statements/2010/jan/29/barack-obama/obama-inherited-deficits-bush-http://news.yahoo.com/s/ap/20100727/ap_on_re_mi_ea/ml_iraq/
http://news.yahoo.com/s/ap/20100727/ap_on_re_mi_ea/ml_iraq
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