First were the reports that stimulus money was being reported on the recovery.gov website as creating or "saving" jobs in Congressional districts that didn't exist. The feds cleaned up that mess by lumping all those funds into an "unassigned" category. Problem solved!
Now it looks like there's another little snafu with tracking this money. An investigation in New Mexico has turned up $28 million dollars worth of funds allocated to zip codes that don't exist.
If it isn't clear to you that the purpose of the stimulus was to get money into the hands of friends of the administration, it should be. Being a number off -- say, 59013 for Fargo instead of 58103 -- is possible, even likely in a tracking effort this large. But numerous examples of nonexistent zip codes in one state? It doesn't add up, unless that money went to something far outside the scope of the stimulus. And now that money is just gone, as there's no way to track it. Which is exactly how it was supposed to happen.
Assume $28 million is the midrange for this. Multiplied across 50 states and you are looking at over a billion dollars of money that's just... gone.