NY Squandered Billions in 9/11 Aid

Newsmax reports on how some 9/11 has been spent:

• Up to one-third of the $21.4 billion in 9/11 cash awarded to New York by the White House had been earmarked for major transportation projects that had no connection to the devastation caused on 9/11.

• $150,000 was awarded to a securities firm that had gone out of business before the 9/11 attacks - plus millions more from the fund was earmarked for formerly self-supporting projects.


• $10 million in 9/11 cash was embezzled by a senior member of the New York medical examiners office.

• A 9/11 "clean air program" ended up giving away 118,000 air conditioners, when its original budget covered only 5,000 units. Total cost overrun - $115 million.

• An "associate" of the Luchese crime family allegedly got a piece of the 9/11 pie, dividing up anticipated reconstruction contracts with other New York City crime families. One mobbed-up 9/11 worker was listed as a $58,000 per year employee - even though he was in jail at the time.

• A whopping $154 million in grants and tax exempt Liberty Bonds was awarded to a single business - the Bank of New York. That small piece of the 9/11 jackpot represents nearly twice the amount of cuts in New York City's federal anti-terrorism budget.

Great moments in national security.