$35 trillion missing from pentagon

All rights reserved. Founder of Architects for 911 Truth. Follow FREEDOM MINDS FOR THE AMERICAN REPUBLICS on WordPress.com. So when they move money from one program to another in order to pay for an unexpected expense it sets off a domino effect of budget corrections. 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. 1 Length: 23MIN ($35 Trillion! There were 546,433 adjustments in fiscal 2017 and 562,568 in 2018, according to figures provided by Representative Jackie Speier, who asked the Government Accountability Office to investigate. The Pentagon fail to provide physical evidence of alleged large computer system orders and other use of funds like. The Pentagon alone gets half the pie, a record $858 billion. PO Box 1052 That's creating a lot of volume of accounting adjustments., It would be like if you thought you had $500 but you got your bank statement and it said you had $400, you'd go with the $400 without investigating it, she continued. But are we really to believe that mere combined errors, shorthand, and sloppy record-keeping by DoD accountantsas another analyst was quoted as sayingcan explain a$35 Trillion accounting black hole? I know what I had which was lost in that collapse which would have taken down all 5 of the leading investment banks in a real justice system. 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, Get the latest in military news, entertainment and gear in your inbox daily. Clearly, the The Pentagon Announces $35 Trillion Accounting Black Hole for 2019 Missing Funds. Bidens plan would have little impact on GDP, Penn Wharton finds. Change), You are commenting using your Twitter account. (LogOut/ That is where they took our computer system and when I asked for my legal discovery, the SEC responded that everything was destroyed in 911. And for further perspective on the DoDs defense ofthe beggars belief figure: It means money that DoD moved from one part of the budget to another, Clark explained to Task & Purpose. 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.. I also hired Barclay Lieb who did his due diligence on me before joining my firm. (LogOut/ Deadly Viruses Aren't Pharma's Top Priority. 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Why Not? The Pentagon's accounting systems are so old and out of date that defense officials don't even put up a fight when the Treasury Department says they've made errors, explained Kristen Kociolek, who led the GAO's review of the issue. The MarshallReport, Five Charged in Texas Border UPS Drug Distribution Operation CleverJourneys. In , A court hearing on whether to unseal sensitive documents involving the alleged sex trafficking of underage girls by Palm Beach multimillionaire Jeffrey Epstein and the possible involvement of his influential friends will play out in a New York City courtroom next week. WebThe Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. I have stated that the coincidence withWTC7 collapsewas a wipeout of evidence as was the Pentagon which conveniently hit the room with all the evidence about the missing $2.3 trillion from the defense budget. Their priority is making the situation look manageable, not solving the underlying problem.. After all, $35 trillion is about one-and-a-half times the size of the entire US economy. While auditors found no evidence of fraud in the review of finances that Congress required, they flagged a laundry list of problems, including accounting adjustments. According to the DoD, theresnothing to see here. Page 9. And for further perspective on the DoDs defense of the beggars belief figure: It means money that DoD moved from one part of the budget to another, Clark explained to Task & Purpose. The republic was constitutionally governed under Articles of Confederation with state quorums on important matters requiring nine members with a two delegate minimum present in Congress per State. 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). Their priority is making the situation look manageable, not solving the underlying problem.. While auditors found no evidence of fraud in the review of finances that Congress required, they flagged a laundry list of problems, including accounting adjustments. If you vote or know anyone that does remind them please . And yup, the 9/11 false flag attack was orchestrated and perpetrated by Israelis and US Zionists to provoke a false flag revenge war between the US and Arab world. While it shouldnt come as a surprise for an organization that has famously failed to ever pass an audit, the Pentagon was nevertheless able to shock some observers this week with a new batch of financial numbers. The Pentagon failed its audit amid a now $35 trillion scandal (yes, trillion) Lee Camp. Change), You are commenting using your Twitter account. Registration on or use of this site constitutes acceptance of our Terms of Service. The Pentagons $35 Trillion Accounting Black Hole. Or are you an unpatriotic commie pig who doesnt appreciate their struggle?! Published Jan 23, 2020 9:59 PM EST. Covid and The Ohio Train PSYOPS Exposed by Richard Gage! Tony Capaccio of Bloomberg first reported. The combined errors, shorthand, and sloppy record-keeping by DoD accountants do addup toa number nearly 1.5 times the size of the U.S. economy, said Speier, a California Democrat. She was writing a book called I Saw the Devil. TexanCiviliansCriminallyAssaultedbyState,FederalandCorporateagencies, https://www.bloomberg.com/news/articles/2020-01-22/pentagon-racks-up-35-trillion-in-accounting-changes-in-one-year?utm_content=business&utm_source=facebook&utm_campaign=socialflow-organic&utm_medium=social&cmpid=socialflow-facebook-business. There was no source of fuel and the photos of the collapse fail to show a raging fire. While it's not illegal for the Pentagon to move money so often among different budget accounts, it does show that defense leaders are doing a poor job planning how they will spend their funds for the year, he said. They were no interested in real trading. I objected and told the court that these tapes had nothing to do with the case. Learn how your comment data is processed. Send your tips and feedback to yrosenberg@thefiscaltimes.com. The Defense Department acknowledged that it failed its first-ever audit in 2018 and then again last year, when it reviewed $2.7 trillion in assets and $2.6 trillion in liabilities. 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. Its a business a multi-billion dollar business. The system fights back with official lies, disinformation, and stonewalling. pretty much delete everything that had been recorded on their side and just re-record all the balances that Treasury has, Kociolek said. With Clinton Brand Discredited, Its High Time to Reopen Investigation into Death of Vince Foster The Most RevolutionaryAct, Pentagon Fails Audit (yet Again!) The Defense Department acknowledged that it failed its first-ever audit in 2018 and then again last year, when it reviewed$2.7 trillionin assets and$2.6 trillionin liabilities. Here is one tape I had a copy of that was at my mothers house which survived. Save my name, email, and site URL in my browser for next time I post a comment. The Pentagon, with some $3 trillion (give or take a trillion but whos counting?) The Pentagon made $35 trillion in accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense 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. One of the few in Congress who have taken an interest in the missing $94.7 trillion is Earlier: The Pentagon Spent Nearly $1 Billion on Audit and Failed. Its the accounting system , it made $35 Trillion in corrections to a budget of less than 1 trillion. 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