$35 trillion missing from pentagon

There was also no source of fuel to burn that hot. Sign up for our free newsletter. Theres something that caught my eye and I hope that caught yours, and its this little detail: Within that$30 trillionis a lot of double, triple, and quadruple counting of the same money as it got moved between accounts, said Todd Harrison, a Pentagon budget expert with the Center for Strategic and International Studies. Why it matters: More broadly, the number highlights the persistent lack of internal financial controls at the Pentagon, which makes it extremely difficult to account properly for spending in the largest government budget. Rep. Jackie Speier (D-CA), who asked the Government Accountability Office to look into the issue, said the combined errors, shorthand, and sloppy record-keeping by DoD accountants do add up to a number nearly 1.5 times the size of the U.S. economy, and charged that the Pentagon employs accounting adjustments like a contractor paints over mold. Carpaccio notes that the number dwarfs the $738 billion of defense-related funding in the latest U.S. budget, a spending plan that includes the most expensive weapons systems in the world including the F-35 jet as well as new aircraft carriers, destroyers and submarines. Its also larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books.. The figure dwarfs the $738 billion of defense-related funding in the latest U.S. budget, a spending plan that includes the most expensive weapons systems in the world including the F-35 jet as well as new aircraft carriers, destroyers and submarines. Although it gets scant public attention compared with airstrikes, troop deployments, sexual assault statistics or major weapons programs, the reliability of the Pentagons financial statement is an indication of how effectively the military manages its resources considering that it receives over half of discretionary domestic spending, Carpaccio says. Around three weeks ago on February 9 during the Blog Bash event in Washington DC, Breitbart made a prophetic comment that takes on a somewhat chilling nature given the fact that he died in the early hours of March 1st. And please tell your friends they can sign up here for their own copy of this newsletter. The banks pay huge fines at shareholder expense to protect the bankers personally and nobody ever goes to jail. Articles may contain affiliate links which enable us to share in the revenue of any purchases made. 22% unknown outcomes! All of it. Extreme Tech: The US Air Force Quietly (LogOut/ Why it matters: More broadly, the number highlights the persistent lack of internal financial controls at the Pentagon, which makes it extremely difficult to account properly for spending in the largest government budget. The latest estimate is up from$30.7 trillionin 2018 and$29 trillionin 2017, the first year adjustments were tracked in a concerted way, according to Pentagon figures and a lawmaker whos pursued the accounting morass. There isnt 35 trillion missing. There was no source of fuel and the photos of the collapse fail to show a raging fire. Within that$30 trillionis a lot of double, triple, and quadruple counting of the same money as it got moved between accounts, Todd Harrison, a Pentagon budget expert with the Center for Strategic and International Studies, toldBloombergin a recent report. The nations two main newspapers, the Washington Post and the New York Times, have simply ignored it. The Pentagon, with some $3 trillion (give or take a trillion but whos counting?) Professor Denounces Maskless People As Racist, Ableist, And Classist. The 1516 Greek-Latin New Testament of . Write CSS OR LESS and hit save. All rights reserved. Embed Share. That means studies of proposals to raise corporate taxes do show some higher taxesunder $200 for many households in Mr. Bidens casefor the middle class.. By Anthony Capaccio. Difficulty is a bit of an understatement, isnt it? The Department is actively developing strategies to reduce accounting adjustments, Mark Easton wrote in a Dec. 5 response to the GAO. Although it gets scant public attention compared with airstrikes, troop deployments, sexual assault statistics or major weapons programs, the reliability of the Pentagons financial statement is an indication of how effectively the military manages its resources considering that it receives over half of discretionary domestic spending, Carpaccio says. WebIn this story, we'll be finding out how the Pentagon somehow lost 35 trillion dollars, do you really believe them? But not so fast. (ZH) Over the past two weeks of coronavirus headlines and heightened global anxiety, along with impeachment coverage and after over the Super Bowl weekend Americans huddled in living rooms in blissful oblivion, a story which in more normal times would be front and center has gone largely unnoticed. The excuse that these tapes might lead to the missing money was all an elaborate scam to get these tapes to protect the bankers. After all, $35 trillion is about one-and-a-half times the size of the entire US economy. They were not traders willing to risk anything on real analysis. That does not mean that the Defense Department spent, lost, or could not account for $35 trillion, said Bryan Clark, a senior fellow with the Center for Strategic and Budgetary Assessments think tank in Washington, D.C. It means money that DoD moved from one part of the budget to another, Clark explained to Task & Purpose. Why it matters: More broadly, the number highlights the persistent lack of internal financial controls at the Pentagon, which makes it extremely difficult to account properly for defense spending. $35 TRILLION still MISSING The Most Revolutionary Act, US Legislators Propose Ban on Central Bank Digital Currency The Most RevolutionaryAct, Mainstream Media and Woke Companies Continue to Plunge With Financial Losses CleverJourneys, The Biden Administration is Just Insane & Should Be Removed At Once ArmstrongEconomics, How Crooked Maricopa Election Officials Controlled the 2022 Narrative CleverJourneys, While Michigan Nurses Get 16%+ Raise, Illinois Nurses Sue Hospitals for Wage Theft CleverJourneys, Woody Harrelson Sneaks Covid Vaccine Mandate Joke Onto Saturday Night Live The Most RevolutionaryAct, What Were You Thinking? With Clinton Brand Discredited, Its High Time to Reopen Investigation into Death of Vince Foster The Most RevolutionaryAct, Pentagon Fails Audit (yet Again!) Jeff Schogol is the senior Pentagon reporter for Task & Purpose. Bidens plan would have little impact on GDP, Penn Wharton finds. All constitutional changes required the unanimous approval of the 13 member States. Write CSS OR LESS and hit save. In laymans terms, this means that the DoD made adjustments to accounting records without having documentation to support the need or amount for the adjustment,she said. Within that$30 trillionis a lot of double, triple, and quadruple counting of the same money as it got moved between accounts, Todd Harrison, a Pentagon budget expert with the Center for Strategic and International Studies, told Bloomberg in a recent report. Its that term, plus the admission that things are being counted more than once in these accounting adjustments, that bring me to todays high octane speculation: What if weve just been given another profound clue into the nature of the hidden system of finance? Here were talking $30+ trillion and it appears this gaping accounting black hole bigger that most of the worlds past and future economies will itself be memory holed and explained away as being but the minor errors of some DoDpencil-pushers, apparently. bc1q5z3xe8syvrt5xd52880mgj644tv9d5q55rk6tc, MONERO ADDRESS: (LogOut/ They wanted guaranteed trades. Todd Harrison of the Center for Strategic and International Studies says they represent a lot of double, triple, and quadruple counting of the same money as it got moved between accounts within the Pentagon. Source:https://www.zerohedge.com/economics/just-little-sloppy-record-keeping-pentagons-35-trillion-accounting-black-hole, Your email address will not be published. So, like in your household budget: It would be like moving money from checking, to savings, to your 401K, to your credit card, and then back.. Trillions explained away by a little benign neglect of simple documentation? I hired the first Black financial analyst Bob Howe. The collapse of WTC #7 was clearly a demolition to hide evidence. The Penn Wharton Budget Models earlier analysis of Sen. Elizabeth Warrens wealth tax found that it would raise as much as $2.7 trillion in revenue over 10 years well shy of the $3.8 trillion Warrens camp estimated. Strange people call you at strange hours to give you strange information. The author of the ordinance, local attorney Fred Bentley Sr., attributes at least some of the decrease in crime to the bill , Kinseys two books Sexual Behavior in the Human Male, published in 1948, and Sexual Behavior in the Human Female, which followed in 1952 started what we now call the sexual revolution. Penn Wharton also estimates that Sanders plan to expand the estate tax, which would raise rates and reduce the federal exemption from its current level of about $11 million ($22 million for married couples) to $3.5 million for singles (and $7 million for couples). The changes skew sex ratios in the frog population and could be a major cause of amphibian decline worldwide. Countless manipulations about how they pulled of ventures to ensure guaranteed trades. One of the few in Congress who have taken an interest in the missing $94.7 trillion is Founder of Architects for 911 Truth. Since then, despite dire predictions of Wild West showdowns and increased violence and accidents, not a single resident has been involved in a fatal shooting as a victim, attacker or defender. The MarshallReport, Why Are Colleges Still Mandating COVID Vaccines for Students? Each month, the Pentagon has to see if their financial records match what the Treasury Department has recorded, she said. The latest estimate is up from $30.7 trillion in 2018 and $29 trillion in 2017, the first year adjustments were tracked in a concerted way, according to Pentagon figures and a lawmaker whos pursued the accounting morass. WASHINGTON, D.C. U.S. Sens. Providing exclusive original content and interviews with some of the best known voices in the world of economics and precious metals. Clearly, the The Pentagons $35 Trillion Accounting Black Hole. There has been a big course shift among macroeconomists in recent years over the risks and rewards of fiscal stimulus, he writes. The Sanders plan: Sanders has proposed a 1% tax on net worth above $32 million for a married couple, with the tax rising until it reaches 8% on wealth over $10 billion. Is the United States on The Same Calamitous Path as Yugoslavia? in assets and a record current 2021 budget of $738 billion, has for the third year in a row failed its audit. Worse still, it seems to have endorsed a continual problem of missing money from the Pentagon. Cold War is good for business: US contractors rejoice at the new Red Scare. WebThe Real Reason The Pentagon Is Missing 35 TRILLION Dollars. I objected and told the court that these tapes had nothing to do with the case. Carpaccio notes that the number dwarfs the $738 billion of defense-related funding in the latest U.S. budget, a spending plan that includes the most expensive weapons systems in the world including the F-35 jet as well as new aircraft carriers, destroyers and submarines. Its also larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books.. That $2.3 trillion in 2001 has grown now to $35 trillion. The Latin part was not the corrupt Vulgate, but his own fresh rendering of the text from the more accurate and reliable Greek, which he had managed to collate from a half-dozen partial old Greek New Testament manuscripts he had acquired. Anne learned to fly, and she and Charles made spectacular intercontinental flights together. So what are these accounting adjustments? Web584 votes, 77 comments. If DoD is moving money around to this degree, that means it's unlikely that Congress' intention is being followed to the letter, Clark said. What people do not realize is thatBECAUSEof 911 hitting the very room where all the documents were concerning the Pentagon budget, the audit never took place. The Pentagon Announces $35 Trillion Accounting Black Hole for 2019 Missing Funds HISTORY HEIST Skip to content Search Search for:Search Home News Congress who have taken an interest in the revenue of any purchases.... 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