The Pentagons $35 Trillion Accounting Black Hole, Plus: Sanders, Biden tax plans come up short, study says. Nobody does that.. The Lone Eagle, as he was called, then helped develop aviation and married Anne Morrow, daughter of diplomat Dwight Morrow. Naturally, the first and only question we should start with is:how is this even possible? Well, I suspect todays article, shared by G.P., may have something to do with yesterdays story. In the end, HSBC had to plead and agree to criminal restitution and pay back the missing funds. 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. Spokeswoman for the Pentagons inspector general,Dwrena Allen, downplayed what to most Americans will sound like the makings of an explosive scandal. (LogOut/ Professor Denounces Maskless People As Racist, Ableist, And Classist. You can email him at schogol@taskandpurpose.com, direct message @JeffSchogol on Twitter, or reach him on WhatsApp and Signal at 703-909-6488. 2009-2023 The Fiscal Times. 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 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. 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. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. In 2010, a 70-year-old woman going by the pseudonym Ether White claimed that she was sexually abused for years by her father and grandfather, and that the pair was paid by Dr. Alfred Kinsey as , After Charles Lindbergh flewThe Spirit of St. Louisfrom New York to France in 1927, completing the first solo nonstop transatlantic flight, he became Americas most admired hero. Elon Musk DEFENDS Scott Adams against WOKE CancelCulture!!! 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. Most of the tax increases under the Biden plan would fall on the top 0.1% of income earners, raising their annual taxes by more than $1 million each and lowering their after-tax income by 14%. Discussion about Republics restoration and other musings. You feel , Considered to be the worlds foremost expert on the neurotoxicity of fluoride compounds, Phyllis Mullenix, Ph.D., formerly of Harvard University, to her surprise found that fluoride crossed the blood brain barrier, accumulated in the brain, and impacted the behavior of rats in a manner consistent with a neurotoxic agent. 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. 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.. Their priority is making the situation look manageable, not solving the underlying problem.. Follow us on Twitter: @yuvalrosenberg, @mdrainey and @TheFiscalTimes. Consider too that the current actual US budge for defense-related funding is$738 billion. Naturally, the first and only question we should start with is: how is this even possible? (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. Instead, the story, which broke on November 17, was largely ignored or buried. 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? 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. Adjustments underscore weakness in Defense Department systems. Thats what should have been the biggest news of 2021. Built ThePatriotConnection,com (Patri-X.com) to unite patriots, empower content creators, educate others, and to crowdsource a true accounting of history. The FBI calls you. 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. 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. One of the reasons why I think 9/11 was as much a financial crime and coverup as an excuse for wars for Israel. But not so fast. Spokeswoman for the Pentagons inspector general,Dwrena Allen, downplayed what to most Americans will sound like the makings of an explosive scandal. The enormity of the accounting adjustment defies any rational explanation. Missing Money 2021 Update The Missing Money (solari.com) The banks pay huge fines at shareholder expense to protect the bankers personally and nobody ever goes to jail. Imane Fadil was a Moroccan ex-model who became a celebrity after becoming a key witness in the 2013 Rubygate trials which accused the media mogul and ex-Prime Minister of Italy Silvio Berlusconi of child prostitution. This was an office building, not a chemical facility. And it may contain another hint of that hidden system of finance and its practices as well. Tony Capaccio, Bloomberg News. 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. Covid and The Ohio Train PSYOPS Exposed by Richard Gage! 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. | This revolution is a lot more than just a change in attitude. US (not America any longer) put 80% of its budget for the first 90 years to killing the indigenous as George Washington wiped out the Iroquis and the Pilgrims were no better wiping out the Pequot as the Jews, Masons and Christians burnt theirRead more , Look at the design of DC and the Pentagon which is an upside down pentagram as both were designed by Freemasons as are all state houses and a huge number of dams, buildings, cities, and other structures with George Washington in full pose as Baphomet (the inverse of the Ram of Banebdjedet at Mendes) as everything we know, read or have been taught is the inverse (Well know our disinformation program is complete when everything the American public believes is false William Casey at Reagan White House meeting with Barbara Honegger in attendance and it was herRead more . by Martin Armstrong, Armstrong Economics: Recently, a tape has emerged from a private camera that was there during 911 filming the collapse of World Trade Center #7 the only one that no plane ever hit. Tony Capaccio of Bloomberg first reported. 46quFRHBJMA83q4GcE49DFCTMdyBj1L6s7MBL8kGhu9Cbz4YrCW4ik83vqtmqCVxHv22n4AEdMDx36di7YiENQAUGYaoYdo, ETHEREUM ADDRESS: The Pentagons $35 Trillion Accounting Black Hole. Proof MSM Is The Enemy Of The People CNNs Dumbest Man On Television, Don Lemon, Joins NeverTrumper In Mocking Half Of Americans As Stupid Hicks, Virus Update: Med Journal Lancet Shows Initial Death Rate Over 11% & Contagion up to 83% (1of2), Discover the untold story about the War in Ukraine in this eye-opening documentary, The US wants to Impose a New Economic Paradigm on the World. Save my name, email, and site URL in my browser for next time I post a comment. The governments claim was itcollapsed from fire. 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. The latest radio shows from our sister site. The size and scope of unsupported adjustments is deeply concerning because it tells a story of poor internal controls and lack of financial data integrity., While the Defense Department couldnt adequately support all accounting adjustments, that does not mean they were inaccurate or erroneous, said Allen. They were no interested in real trading. Worse still, it seems to have endorsed a continual problem of missing money from the Pentagon. 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? 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. 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. 22% unknown outcomes! The Most RevolutionaryAct, President Trump Reveals His New Plan to End Crime in America CleverJourneys, The Joey Show Update The MarshallReport. To be sure, the Pentagon couldnt be happier that this bombshell has taken a back burner in global headlines: The Pentagon made$35 trillionin accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books. Because we don't. MAKE CHECKS OUT TO: The Sanders campaign estimates that his wealth tax would raise $4.35 trillion over a decade, but Penn Wharton projects it would fall more than $1 trillion short of that mark, raising between $2.8 trillion and $3.3 trillion over 10 years. The 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. CTRL + SPACE for auto-complete. Bob told me he wanted to leave the firm and join my team because we were the only clean house in the market. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Countless manipulations about how they pulled of ventures to ensure guaranteed trades. Trump Just Got a Chance to Dodge His Health Care Record in 2020. 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. Founder of Architects for 911 Truth. He also calls for higher estate taxes and the introduction of a financial transactions tax. 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. Your phone starts acting funny. Change), You are commenting using your Twitter account. Get the latest in military news, entertainment and gear in your inbox daily. (LogOut/ 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. If you vote or know anyone that does remind them please . And as we noted then, critics of the Penn Wharton model question some of its assumptions about how higher taxes affect the 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. You can send support to: Kyle Hunt, PO Box 1052, Sorrento FL 32776. Remember to thank those in the military for their service. PO Box 1052 Biden went after Russian President Vladimir Putin hard during his SOTU address, but withheld harsh words for , Imane Fadil, the ex-model who claimed to have witnessed demonic rituals at Silvio Berlusconis mansion died mysteriously on March 1st at age 34. It means there's a lot of money moving between accounts that may not be exactly where Congress wanted to put the money in the first place.. 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. 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.. 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. Change). Tesla presented the fundamentals of radio in 1893 during his public presentation, On Light and Other High Frequency Phenomena. Afterward, the principle of , The United States in Congress Assembled (USCA), the third united American republic, was formed by 13 States with the Articles of Confederations enactment on March 1st, 1781, and expired on March 3rd, 1789, with the implementation of the current U.S. Constitution on March 4th, 1789. 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. However, $35 trillion is close to 50-times the size of the Pentagon's 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. 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 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 difficulty in balancing its books. 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 Thanks for being a reader of this site. NO data about the Use in Pregnancy and lactation, in Paediatric Individuals <12 Years of Age and .VACCINE EFFECTIVENESS! There are other issues with the model, as well: The latest analyses follow the Congressional Budget Offices standard in applying revenues raised by higher taxes toward deficit reduction even in cases where a candidate has laid out other uses for the money. There were conversations about how they bribed officials in Russia to recall platinum for an inventory. The report shows the Pentagon employs accounting adjustments like a contractor paints over mold. Write CSS OR LESS and hit save. Within that $30 trillion is 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. Learn how your comment data is processed. Strange people call you at strange hours to give you strange information. The next day, the WTC was attacked as well as the pentagon itself. The watchdog agency will release a report on the subject Wednesday after reviewing more than 200,000 fourth-quarter 2018 adjustments totaling$15 trillion. let that number sink in) #darkskyfiles #pentagon #government It also means that the Defense Department really sucks at accounting, according to a recent Government Accountability Office report. 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. It seems that once again the Pentagram has mislaid a few trillions and has had to make accounting adjustments: The Pentagon made$35 trillionin accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books. 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