Dr. Joseph P. Farrell
August 14, 2016
Remember former Secretary of Defense Don Rumsfeld’s press conference the day before 9/11, when he said that an audit of the Pentagon could not account for $2,200,000,000,000? Well, that little “disclosure” of course was whisked right out of the news due to the events of the following day. But wait, there’s more. Then Florida Congressman Alan Garyson, and Georgia Congresswoman Cynthia McKinney attained some notoriety by pressing the issue, when Rumsfeld came up with more missing money. One of my favorites back then was Ms. McKinney grilling Mr. Rumsfeld and Associates on who held the data management contracts for the Pentagram… “Well, uhm…. er…., I don’t have those facts and figures with me at the present moment…”
Really? You show up to a Congressional committee without the information it’s seeking?
Well, forget about that mere 2.2 trillion dollars Mr. Rumsfeld was anxious about back in 2001. it’s now up to 6.5 trillion, according to this article that many of you shared this past week:
Absorb that for a moment: 6.5 trillion dollars is missing…. Think of the roads, bridges, schools, hospitals, that could be repaired with that amount of money. And what’s really galling here is the doublespeak trying to explain all this:
The Defense Finance and Accounting Service, the behemoth Indianapolis-based agency that provides finance and accounting services for the Pentagon’s civilian and military members, could not provide adequate documentation for $6.5 trillion worth of year-end adjustments to Army general fund transactions and data.
The DFAS has the sole responsibility for paying all DOD military and personnel, retirees and annuitants, along with Pentagon contractors and vendors. The agency is also in charge of electronic government initiatives, including within the Executive Office of the President, the Department of Energy and the Departing of Veterans Affairs.
There’s nothing in the new IG’s report to suggest that anyone has misplaced or absconded with large sums of money. Rather, the agency has done an incompetent job of providing written authorization for every one of their transactions – so-called “journal vouchers” that provide serial numbers, transaction dates and the amount of the expenditure.
In short, the DFAS has lagged far behind in providing the tracking information essential to performing an accurate audit of Pentagon spending and obligations, according to the IG’s report.
Now, that’s interesting.
The money isn’t really missing, you see, it’s just that “we’re lagging behind” our ability to record and post transactions by only a few months.That’s all. Nothing to see here. Move along.
Now, we all know what banks do with our money when we deposit it. It still “takes awhile” for that money to be posted to your account, even in this digital day and age. “It hasn’t cleared yet,” is the standard excuse. So what they do is to use that money before it posts(but I thought it hadn’t cleared yet?), to make more money. Now, imagine the same process, but taking not days, but weeks or months, and you get the idea. It’s a nifty way to make more money for your black projects research and keep everything off the books.
But I cannot help, as regular readers here know, to indulge in some more high octane speculation. And in this respect, that figure of 6.5 trillion caught my eye, for it’s in the ball park of the 6 trillion dollars from the second bearer bonds scandal of 2009 that occurred in Italy. Remember that one? The Italian financial police recovered…
Continue Reading At: GiaDeathStar.com