Listen now (26 min) | The Pentagon lost track of equipment worth more than a billion dollars, according to a now declassified Department of Defense audit obtained by Amnesty International last month. The F-35 program has already cost $100 billion to develop, and may not even be ready for combat according to an ex-director. The Justice Department has charged at least 20 U.S. Navy flag officers in the “Fat Leonard” scandal – one of the biggest corruption scandals in American military history. What’s going on? America operates the best and most well funded fighting force on the planet. It’s also the most expensive, and that much cash can breed corruption, waste, fraud and abuse. But this is more than just a financial problem. This week on War College, former Marine Corps captain Dan Grazier walks us through how bloated budgets and blank checks hurt military readiness. By Matthew Gault Produced by Bethel Habte