Great diary over at the House of Orange which goes to explaining why BushGonzoCo was so anxious to sack US Attorney Lam before she got close to investigating US Rep. Jerry Lewis. Yes, military contractors, looting, war profiteering, hedge funds and the trend to shifting ownership of these companies overseas out of US regulatory/investigative range is involved, but I guarantee this is the most coherent story involving those terms you are likely to read today. Read more…

AP:

About $10 billion has been squandered [so far] by the U.S. government on Iraq reconstruction aid because of contractor overcharges and unsupported expenses, and federal investigators warned Thursday that significantly more taxpayer money is at risk.

I don't get it. The government's Republican, the contractors are Republican, so what's the point? Read more…