[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Feds: Coast Guard lieutenant compiled hit list of lawmakers

Supreme Court Delivers Unanimous Victory for Asset Forfeiture Challenge (Ruth Bader Ginsburg)

Johnny Versus The News Man

Suspect thought dog was spying for police, charges in Jefferson County animal abuse case say

This Will Make You Question Everything (Don't be manipulated)

STOP Pussyfooting Around! Just Call Socialism What it REALLY IS!!

Smollett Pleaded No Contest In 2007 To Providing False Information To Law Enforcement

"I’m Committing Professional Suicide": CBS Star Reporter Admits "Mostly Liberal" Journalists Are Now "Political Activists"

Boy called 'Little Hitler' for using hot chocolate stand to raise money for border wall, parents say

You may soon have to give your DNA to the state and pay $250 for the privilege

State House Passes Major Rights-Supporting Bill—Outlawing DUI Checkpoints

After Innocent Couple Murdered Over Cop’s Lies, Houston Police Vow No More No-Knock Raids

Trump Administration Launches Global Effort to End Criminalization of Homosexuality

NoT ... long --- To live

Vatican laicizes disgraced ex-cardinal Theodore McCarrick

Trump’s Alarming Abuse of Executive Power

How "1984" turned into an instruction manual

Rule by Fiat: National Crises, Fake Emergencies and Other Dangerous Presidential Powers

Former CIA Officer Exposes Clinton Charity Fraud As Biggest Scandal In US History

11-Year-old Boy Visited by Cops After Neighbors Reported Him For Selling Hot Chocolate ("See Something, Say Something")

Houston Narc Who Lied to Justify a Deadly Drug Raid Had Been Accused of Perjury

AMERICA’S NEWEST MUSLIM MARTYR IS A CHILD RAPIST AND KILLER

Sharpton Calls for Smollett to ‘Face Accountability to the Maximum’ if He Staged Hoax

Faggoty Looking ANTIFA Member Gets Knocked Out By Conservative In Portland

NATIONAL EMERGENCY: Trump's Executive Orders To Destroy Deep State Criminal Cabal

Eyeing 2020, Biden Criticizes Trump E , Biden Criticizes Trump in Europe: ‘This Too Shall Pass; We Will Be Back’ Europe:

Has Trump wrecked our sex life? "Post-Trump Sex Disorder" is real, says sex therapist

Hoda Muthana 'deeply regrets' joining Isis and wants to return home

The TSA's Secret Watchlist for Travelers Who Don't Kowtow

Ann Coulter Fires Back at Trump: ‘The Only National Emergency Is That Our President Is an Idiot’

The deeper reason for drug ads on television

Drug convictions overturned for 10 framed by Chicago police sergeant: 'He took everything from me'

CONFUSION: Pelosi wishes ‘Happy Thanksgiving’— on — on Valentine’s Day

5 insane provisions in the amnesty omnibus bill

Cops Admit to Lying About Raid that Left Innocent Couple Murdered

Reports Claim Jussie Smollet Allegedly Staged Hate Crime Attack; Police Say News Is 'Unconfirmed, Inaccurate’

C.I. Whose Heroin Buy Led to a Deadly Houston Drug Raid Does Not Seem to Exist

Terry Kath - The little-known rock guitarist who was 'better' than Jimi Hendrix

Nancy Pelosi Earned Fortune on IPO Stock Through ‘Illegal’ Insider Trading

George Soros says Europe faces ‘oblivion’ as pro-freedom parties set to win big in European election

US Air Freight Company that Smuggled Weapons Into Venezuela Linked to CIA "Black Site" Renditions

The Democrat-Communist Party Isn't Going To Like This

‘Shameful & disgusting!’ TSA slammed for ‘invasive groping’ of triple-amputee US veteran

Trump’s Absurd Claim that Americans Are Free from Government Coercion

It is the right and duty of all Americans to REFUSE to comply with unconstitutional gun laws

The pope and Islam’s most important imam just signed a covenant that pushes us much closer to a One World Religion

There’s Nothing Ridiculous About Trains Replacing Planes

Study Shows Concealed Carry Permit Holders Break Laws Far Less Than Cops

US Company That Smuggled Weapons Into Venezuela Linked to CIA “Black Site” Renditions

Tasered 11 Times Over Turn Signal


Status: Not Logged In; Sign In

Corrupt Government
See other Corrupt Government Articles

Title: The Pentagon Can't Account for $21 Trillion (That's Not a Typo)
Source: TruthDig
URL Source: https://www.truthdig.com/articles/t ... -cant-account-for-21-trillion/
Published: May 14, 2018
Author: Lee Camp
Post Date: 2018-05-14 16:16:16 by Deckard
Keywords: None
Views: 250
Comments: 7

Twenty-one trillion dollars.

The Pentagon’s own numbers show that it can’t account for $21 trillion. Yes, I mean trillion with a “T.” And this could change everything.

But I’ll get back to that in a moment.

There are certain things the human mind is not meant to do. Our complex brains cannot view the world in infrared, cannot spell words backward during orgasm and cannot really grasp numbers over a few thousand. A few thousand, we can feel and conceptualize. We’ve all been in stadiums with several thousand people. We have an idea of what that looks like (and how sticky the floor gets).

But when we get into the millions, we lose it. It becomes a fog of nonsense. Visualizing it feels like trying to hug a memory. We may know what $1 million can buy (and we may want that thing), but you probably don’t know how tall a stack of a million $1 bills is. You probably don’t know how long it takes a minimum-wage employee to make $1 million.

That’s why trying to understand—truly understand—that the Pentagon spent 21 trillion unaccounted-for dollars between 1998 and 2015 washes over us like your mother telling you that your third cousin you met twice is getting divorced. It seems upsetting, but you forget about it 15 seconds later because … what else is there to do?

Twenty-one trillion.

But let’s get back to the beginning. A couple of years ago, Mark Skidmore, an economics professor, heard Catherine Austin Fitts, former assistant secretary in the Department of Housing and Urban Development, say that the Department of Defense Office of Inspector General had found $6.5 trillion worth of unaccounted-for spending in 2015. Skidmore, being an economics professor, thought something like, “She means $6.5 billion. Not trillion. Because trillion would mean the Pentagon couldn’t account for more money than the gross domestic product of the whole United Kingdom. But still, $6.5 billion of unaccounted-for money is a crazy amount.”

So he went and looked at the inspector general’s report, and he found something interesting: It was trillion! It was fucking $6.5 trillion in 2015 of unaccounted-for spending! And I’m sorry for the cursing, but the word “trillion” is legally obligated to be prefaced with “fucking.” It is indeed way more than the U.K.’s GDP.

Skidmore did a little more digging. As Forbes reported in December 2017, ” [He] and Catherine Austin Fitts … conducted a search of government websites and found similar reports dating back to 1998. While the documents are incomplete, original government sources indicate $21 trillion in unsupported adjustments have been reported for the Department of Defense and the Department of Housing and Urban Development for the years 1998-2015.”

Let’s stop and take a second to conceive how much $21 trillion is (which you can’t because our brains short-circuit, but we’ll try anyway).

    The amount of money supposedly in the stock market is $30 trillion.
    The GDP of the United States is $18.6 trillion.
    Picture a stack of money. Now imagine that that stack of dollars is all $1,000 bills. Each bill says “$1,000” on it. How high do you imagine that stack of dollars would be if it were $1 trillion? It would be 63 miles high.
    Imagine you make $40,000 a year. How long would it take you to make $1 trillion? Well, don’t sign up for this task, because it would take you 25 million years (which sounds like a long time, but I hear that the last 10 million really fly by because you already know your way around the office, where the coffee machine is, etc.).

The human brain is not meant to think about a trillion dollars.

And it’s definitely not meant to think about the $21 trillion our Department of Defense can’t account for. These numbers sound bananas. They sound like something Alex Jones found tattooed on his backside by extraterrestrials.

But the 21 trillion number comes from the Department of Defense Office of Inspector General—the OIG. Although, as Forbes pointed out, “after Mark Skidmore began inquiring about OIG-reported unsubstantiated adjustments, the OIG’s webpage, which documented, albeit in a highly incomplete manner, these unsupported “accounting adjustments,” was mysteriously taken down.”

Luckily, people had already grabbed copies of the report, which—for now—you can view here.

Here’s something else important from that Forbes article—which is one of the only mainstream media articles you can find on the largest theft in American history:

Given that the entire Army budget in fiscal year 2015 was $120 billion, unsupported adjustments were 54 times the level of spending authorized by Congress.

That’s right. The expenses with no explanation were 54 times the actual budget allotted by Congress. Well, it’s good to see Congress is doing 1/54th of its job of overseeing military spending (that’s actually more than I thought Congress was doing). This would seem to mean that 98 percent of every dollar spent by the Army in 2015 was unconstitutional.

So, pray tell, what did the OIG say caused all this unaccounted-for spending that makes Jeff Bezos’ net worth look like that of a guy jingling a tin can on the street corner?

“[The July 2016 inspector general] report indicates that unsupported adjustments are the result of the Defense Department’s ‘failure to correct system deficiencies.'”

They blame trillions of dollars of mysterious spending on a “failure to correct system deficiencies”? That’s like me saying I had sex with 100,000 wild hairless aardvarks because I wasn’t looking where I was walking.

Twenty-one trillion.

Say it slowly to yourself.

At the end of the day, there are no justifiable explanations for this amount of unaccounted-for, unconstitutional spending. Right now, the Pentagon is being audited for the first time ever, and it’s taking 2,400 auditors to do it. I’m not holding my breath that they’ll actually be allowed to get to the bottom of this.

But if the American people truly understood this number, it would change both the country and the world. It means that the dollar is sprinting down a path toward worthless. If the Pentagon is hiding spending that dwarfs the amount of tax dollars coming in to the federal government, then it’s clear the government is printing however much they want and thinking there are no consequences. Once these trillions are considered, our fiat currency has even less meaning than it already does, and it’s only a matter of time before inflation runs wild.

It also means that any time our government says it “doesn’t have money” for a project, it’s laughable. It can clearly “create” as much as it wants for bombing and death. This would explain how Donald Trump’s military can drop well over 100 bombs a day that cost well north of $1 million each.

So why can’t our government also “create” endless money for health care, education, the homeless, veterans benefits and the elderly, to make all parking free and to pay the Rolling Stones to play stoop-front shows in my neighborhood? (I’m sure the Rolling Stones are expensive, but surely a trillion dollars could cover a couple of songs.)

Obviously, our government could do those things, but it chooses not to. Earlier this month, Louisiana sent eviction notices to 30,000 elderly people on Medicaid to kick them out of their nursing homes. Yes, a country that can vomit trillions of dollars down a black hole marked “Military” can’t find the money to take care of our poor elderly. It’s a repulsive joke.

Twenty-one trillion.

Former Secretary of Defense Robert Gates spoke about how no one knows where the money is flying in the Pentagon. In a barely reported speech in 2011, he said, “My staff and I learned that it was nearly impossible to get accurate information and answers to questions such as, ‘How much money did you spend?’ and ‘How many people do you have?’ “

They can’t even find out how many people work for a specific department?

Note for anyone looking for a job: Just show up at the Pentagon and tell them you work there. It doesn’t seem like they’d have much luck proving you don’t.

For more on this story, check out David DeGraw’s excellent reporting at ChangeMaker.media, because the mainstream corporate media are mouthpieces for the weapons industry. They are friends with benefits of the military-industrial complex. I have seen basically nothing from the mainstream corporate media concerning this mysterious $21 trillion. I missed the time when CNN’s Wolf Blitzer said that the money we dump into war and death—either the accounted-for money or the secretive trillions—could end world hunger and poverty many times over. There’s no reason anybody needs to be starving or hungry or unsheltered on this planet, but our government seems hellbent on proving that it stands for nothing but profiting off death and misery. And our media desperately want to show they stand for nothing but propping up our morally bankrupt empire.

When the media aren’t actively promoting war, they’re filling the airwaves with shit, so the entire country can’t even hear itself think. Our whole mindscape is filled to the brim with nonsense and vacant celebrity idiocy. Then, while no one is looking, the largest theft humankind has ever seen is going on behind our backs—covered up under the guise of “national security.”

Twenty-one trillion.

Don’t forget.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Deckard (#0)

Because of incompatibilities between the various computer systems used between 1998 and 2015, the transactions were simply not recorded with the correct level of accounting regulation compliance.

They did not lose the money. They spent the money. They even accounted for the money. They simply did not account for every single transaction in enough detail to satisfy the requirements for a full audit.

misterwhite  posted on  2018-05-14   16:39:06 ET  Reply   Trace   Private Reply  


#2. To: Deckard (#0)

I missed the time when CNN’s Wolf Blitzer said that the money we dump into war and death—either the accounted-for money or the secretive trillions—could end world hunger and poverty many times over.

I don't miss that time. If various countries are backward and starving because of their own stupidity and ignorance, they can go to hell. It is not up to us to bail them out.

rlk  posted on  2018-05-14   18:25:20 ET  Reply   Trace   Private Reply  


#3. To: Deckard (#0)

A Trillion here,a Trillion there,and pretty soon you are talking about REAL money!

In the entire history of the world,the only nations that had to build walls to keep their own citizens from leaving were those with leftist governments.

sneakypete  posted on  2018-05-14   18:44:47 ET  Reply   Trace   Private Reply  


#4. To: Deckard (#0)

Twenty-one trillion.

so this corrolates with the national debt and their entire budget over that time. What you are saying is you got absolutely nothing for your money

paraclete  posted on  2018-05-15   9:11:31 ET  Reply   Trace   Private Reply  


#5. To: Deckard (#0)

The Pentagon Can't Account for $21 Trillion

I have a friend who is an accountant at DFAS in Columbus...

Their ROUNDING tolerance is $1 million.....

Jameson  posted on  2018-05-15   9:30:08 ET  Reply   Trace   Private Reply  


#6. To: Deckard (#0)

Mystery solved. The Clinton Crime Family stole it.

Hank Rearden  posted on  2018-05-15   19:57:06 ET  Reply   Trace   Private Reply  


#7. To: Deckard (#0)

Former Secretary of Defense Robert Gates spoke about how no one knows where the money is flying in the Pentagon. In a barely reported speech in 2011, he said, “My staff and I learned that it was nearly impossible to get accurate information and answers to questions such as, ‘How much money did you spend?’ and ‘How many people do you have?’ “

They can’t even find out how many people work for a specific department?

Either Robert Gates has access to certain departments or he has no special clearance to access information from those particular departments. Much of the missing 21 trillion has gone into black projects.

goldilucky  posted on  2018-05-16   0:13:24 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com