"During the past six weeks U.S. combat jets have bombed and eliminated 41 Humvees originally given to the Iraqi military, but afterwards captured by ISIS forces. CNNMoney cited a statement from Todd Harrison, a senior fellow at the Center for Strategic and Budgetary Assessments, that the bombs that U.S. jets are dropping on the Humvees cost $30,000 each, while the armored vehicles themselves originally cost about $250,000 each, depending how each was equipped." (New American via CNN)
If you Google that story, you'll find other news items and opinion pieces about ISIS capturing U.S. equipment as early as June. So why does Obama claim he didn't know they were a problem, or is this when he called them the JV team?
Some of the left over equipment has been given to cities and colleges so they can repress riots and unruly Tea Party members.