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How much corruption is too little?

Bts does some math on corruption in Iraq:

Let’s call it a hundred million wasted, for a wastage of one part per three thousand, one thirtieth of a percent. I would love to see a reliable way to run major development projects in the third world with a waste and corruption rate of 0.03%. I’ve been awfully skeptical of the no-bid contracts handed out to Halliburton and friends, but this makes me reconsider. This is unbelievable performance.

I agree. Heck, I'd like to see Congress run something with less waste than 0.03%.

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hy,

You wrote an interesting article... I also found a website which talks about corruption : www.rsfblog.org

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