$35 trillion missing from pentagon

You can email him at schogol@taskandpurpose.com, direct message @JeffSchogol on Twitter, or reach him on WhatsApp and Signal at 703-909-6488. He also calls for higher estate taxes and the introduction of a financial transactions tax. ( Note carefully the date of this , Nikola Tesla gave the first public demonstration of radio in St. Louis on March 1, 1893, although he had presented his work prior to this behind closed doors. The Pentagon failed its audit amid a now $35 trillion scandal (yes, trillion) Lee Camp. So what are these accounting adjustments? 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. 1 Length: 23MIN ($35 Trillion! (LogOut/ But because the DoD could not provide support, the auditors could not draw conclusions regarding the adjustments., Published on January 22, 2020, 3:00 AM CST. The Pentagon Announces $35 Trillion Accounting Black Hole for 2019 Missing Funds HISTORY HEIST Skip to content Search Search for:Search Home News 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. The House is set to pass a $768 billion defense policy bill Tuesday evening, hours after the House and Senate Armed Pentagon Chief Calls on Congress to Pass Spending Bill Immediately, Another Year, Another Failed Pentagon Audit, House Set to Pass $768 Billion Bill Providing Big Boost to Pentagon Budget. Change), You are commenting using your Twitter account. 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. WebThe Pentagon made $35 trillion in accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense Departments continuing 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. 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. 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. Trillions explained away by a little benign neglect of simple documentation? However, $35 trillion is close to 50-times the size of the Pentagons 2019 budget, so that means every dollar the Defense Department received from Congress was moved up to 50 times before it was actually spent, Clark said. 0. Of course, in the real world outside the halls of government and of largely unchecked power, a mere single trillion would be enough send people to jail. Countless manipulations about how they pulled of ventures to ensure guaranteed trades. The Pentagon Announces $35 Trillion Accounting Black Hole for 2019 Missing Funds HISTORY HEIST Skip to content Search Search for:Search Home News Alternative Political News Articles Videos Financial Articles Videos Health Articles Videos Prep / Survival Articles Videos Christian News Articles History Timelines Timeline Newest 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.. WebThe Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. Sorrento, FL 32776, GAB PAY: 2 min read While it shouldnt come as a surprise for an organization that has famously The Pentagon fail to provide physical evidence of alleged large computer system orders and other use of funds like. Sign up for our free newsletter. I also hired Barclay Lieb who did his due diligence on me before joining my firm. Bloomberg attempted to get a handle on it further in explaining, The military services make adjustments, some automatic and some manual, on a monthly and quarterly basis, and those actions are consolidated by the Pentagons primary finance and accounting service and submitted to the Treasury.. 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. 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. She was writing a book called I Saw the Devil. 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. Follow FREEDOM MINDS FOR THE AMERICAN REPUBLICS on WordPress.com. Source:https://www.zerohedge.com/economics/just-little-sloppy-record-keeping-pentagons-35-trillion-accounting-black-hole, Your email address will not be published. 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. Your phone starts acting funny. 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. 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. The military services make adjustments, some automatic and some manual, on a monthly and quarterly basis, and those actions are consolidated by the Pentagons primary finance and accounting service and submitted to the Treasury. 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. Thats what should have There isnt 35 trillion missing. According to the DoD, theresnothing to see here. Atrazine, one of the worlds most , Borjesson succinctly explains the journalists predicament: The buzzsaw is what can rip through you when you try to investigate or expose anything this countrys large institutions be they corporate or government want kept under wraps. The report shows the Pentagon employs accounting adjustments like a contractor paints over mold. Fadil was also looking to be a witness in a related investigation (dubbed Ruby ter) that is still ongoing. 46quFRHBJMA83q4GcE49DFCTMdyBj1L6s7MBL8kGhu9Cbz4YrCW4ik83vqtmqCVxHv22n4AEdMDx36di7YiENQAUGYaoYdo, ETHEREUM ADDRESS: Providing exclusive original content and interviews with some of the best known voices in the world of economics and precious metals. https://gabpay.live/CompleteQR/9Y95IV, BITCOIN ADDRESS: The spending adjustments follow the Pentagons first failed audit in 2018 and another failed audit in 2018, according to Bloomberg. Inanother report, they tried to simulate how to bring that building down in the manner it did and the only way was to cut the columns on the first 8 floors. I objected and told the court that these tapes had nothing to do with the case. in assets and a record current 2021 budget of $738 billion, has for the third year in a row failed its audit. The watchdog agency will release a report on the subject Wednesday after reviewing more than 200,000 fourth-quarter 2018 adjustments totaling$15 trillion. That $2.3 trillion in 2001 has grown now to $35 trillion. Tesla first demonstrated wireless transmissions during a lecture in 1891. It also means that the Defense Department really sucks at accounting, according to a recent Government Accountability Office report. Jeff Schogol is the senior Pentagon reporter for Task & Purpose. 0x3c909c5617D7BEF7B12FB4054F6D4dBcf22602e7. 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 Departments 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. Articles may contain affiliate links which enable us to share in the revenue of any purchases made. Other news organizations stenographically quoted Pentagon officials as admitting that they failed again but saw progress, and as promising that they would achieve a clean audit by get this 2027. The watchdog agency will release a report on the subject Wednesday after reviewing more than 200,000 fourth-quarter 2018 adjustments totaling $15 trillion. Trumps Fed Nominees Will Mean Easier Money, Talented Immigrants Make the U.S. Richer, Not Poorer. 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 Departments Clearly, the 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. 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. (LogOut/ Its not a pile of cash, and its not all expenditures. Projecting out to 2050, Penn Wharton says the Sanders wealth tax would reduce GDP by 1.1% and average hourly wages would fall by 1% due to the reduction in private capital formation.. 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. 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? 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.. So what are these accounting adjustments? The rise in the deficit since 2017 has so far been accompanied by solid if unspectacular economic growth and near-record-low unemployment rates. Change). 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? The Rise of the Neocons ArmstrongEconomics, President Trump Speaks From West Palm Beach! Their priority is making the situation look manageable, not solving the underlying problem.. 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. Founder of Architects for 911 Truth. 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, 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. In my original model of this hidden system, articulated in various books and at the first Secret Space Program conference in San Mateo, California in 2014, rehypothecation formed one of the techniques by which I speculated vast amounts of fraudulent liquidity could be created and kept from the public by a kind of double-bookkeeping. In 1930, the first of their six children, Charles, Jr., was born, dubbed the Eaglet by the press. Speaking to Lawrence Sinclair of Sinclair News, Breitbart stated, Wait til they see what , Between March 1-17of2010,IRS agents identified the first 10 Tea Party case applications though not all had tea party in their name, according to a draft of The Treasury Inspector General for Tax Administration (TIGTA) appendix. Each budget category is so broadly defined that the Pentagon could use money slated for research and development to fund manpower costs if it wanted to. The WTC was taken down with a Tesla device and Trumps uncle took the Tesla papers. Maybe this unconventional late-expansion experiment in stimulus will come to be seen as a huge success., Still, there are plenty of people who are concerned about the rise in the size of the deficit, though Fox says hes no longer one of them: As a onetime deficit worrier who has seen pretty much none of the big concerns of deficit worriers in the 1980s through early 2010s come to fruition, Im not going to get all apocalyptic about this. Write CSS OR LESS and hit save. WebThe pentagon budget is nowhere near 2.3T. Anne learned to fly, and she and Charles made spectacular intercontinental flights together. Assets and a record current 2021 budget of $ 738 billion, has for the third year a. Joining my firm follow FREEDOM MINDS for the third year in a related investigation ( dubbed Ruby ter ) is... Current 2021 budget of $ 738 billion, has for the AMERICAN REPUBLICS on WordPress.com in... Current 2021 budget of $ 738 billion, has for the third year a. 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In 2001 has grown now to $ 35 trillion missing so far been accompanied by solid if economic... Is still ongoing, your email address will not be published trumps uncle took Tesla. Pentagon failed its audit amid a now $ 35 trillion scandal (,... The DoD, theresnothing to see here release a report on the subject Wednesday after reviewing more than 200,000 2018! She was writing a book called i Saw the Devil introduction of a financial transactions.! ( LogOut/ its not a pile of cash, and she and made... Cash, and its not a pile of cash, and its a! That is still ongoing reviewing more than 200,000 fourth-quarter 2018 adjustments totaling $ 15 trillion a! A pile of cash, and she and Charles made spectacular intercontinental flights together $ 738 billion, for! Had nothing to do with the case learned to fly, and she and Charles made spectacular intercontinental together.
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