Enron-Style Bush League Accounting of Iraq Funds

Well, our CEO President has taken another page from "Kenny-boy" Lay's Enron accounting playbook:  cooking the books:

Audit Finds U.S. Hid Actual Cost of Iraq Projects
By JAMES GLANZ
New York Times
Published: July 30, 2006
BAGHDAD, Iraq, July 29 -- The State Department agency in charge of $1.4 billion in reconstruction money in Iraq used an accounting shell game to hide ballooning cost overruns on its projects in Iraq and knowingly withheld information on schedule delays from Congress, a federal audit released late Friday has found

Ken Lay was prosecuted and convicted for his role in using "off-the-books" schemes to hide losses from investors.  Too bad the US Government isn't subject to the same rules...

This isn't even a first offense for W and his Bush League minions, either.  Remember how they hid the true cost of the Medicare Bill's prescription benefit?  

I say turn that W upside down, add a peach and sprig of mint : M+peach+mint