Follow the Money — If You Can …

Remember that $9 billion that somehow got “lost” in Iraq? Boxes of cash were shipped from the Federal Reserve to Iraq, where a former Coalition Provisional  Authority official testified that our guys were playing football with blocks of $100 bills and an investigator described the atmosphere as “a free-fraud zone.” The U.S. government was supposed to follow up on that somewhat dismaying discovery with an audit — but that has now been nixed by President George W. Bush, who recently issued a presidential “finding” that heads off an investigation at the pass:

Title III of the Act creates an Inspector General (IG) of the CPA. Title III shall be construed in a manner consistent with the President’s constitutional authorities to conduct the Nation’s foreign affairs, to supervise the unitary executive branch, and as Commander in Chief of the Armed Forces. The CPA IG shall refrain from initiating, carrying out, or completing an audit or investigation, or from issuing a subpoena, which requires access to sensitive operation plans, intelligence matters, counterintelligence matters, ongoing criminal investiga-tions by other administrative units of the Department of Defense related to national security, or other matters the disclosure of which would constitute a serious threat to national security.”

All power to the “unitary executive” — and let the good times roll!