Tag: Defense Department

$58 billion in cancelled DoD projects just a drop in a bucket of unknown depth

The Pentagon is not known for good bookkeeping. As some readers may recall, the Defense Department's Inspector General reported in June that the DoD cannot account for trillions in spending. So the release of a definite number last week - $58 billion - might come as a relief - except that it's not an amount … Continue reading $58 billion in cancelled DoD projects just a drop in a bucket of unknown depth

ISIS cashes in on US-sponsored chaos

A new report published this month from House Homeland Security Committee Chairman Michael McCaul (R-Texas) titled "Cash to Chaos: Dismantling ISIS’ Financial Infrastructure" explores in some detail the various funding sources behind the Islamic State extremist group operating in Iraq and Syria. "ISIS’ march across the globe is fueled not just by a hateful ideology—but … Continue reading ISIS cashes in on US-sponsored chaos