USAID Funds Ended up at BLM (and You Might Not Believe Where Else)

<![CDATA[One rule of money is that money is fungible. Another rule of money — and this one is Washington's favorite — is that fungibility is the opposite of transparency. If you have $100 and I give you $20 and you spend $20 on candy, did I give you $20 for candy? Well, no. Not directly. But you started with $100, you still have $100, and you have $20 worth of candy.]]>