$35 trillion missing from pentagon

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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. The collapse of WTC #7 was clearly a demolition to hide evidence. LIVE INTERVIEW WITH DEREK JOHNSON. Consider too that the current actual US budge for defense-related funding is$738 billion. The WTC was taken down with a Tesla device and Trumps uncle took the Tesla papers. But the other is to do it deliberately. Founder of Architects for 911 Truth. 2 min read While it shouldnt come as a surprise for an organization that has famously That $2.3 trillion in 2001 has grown now to $35 trillion. The birth rate is the lowest since the ministry began record-keeping in 1899, falling to a record Forbes: The U.S. Air Force Just Admitted The F-35 Stealth Fighter Has Failed Salon: Even by Pentagon terms, this was a dud: The disastrous saga of the F-35 Esquire: This Country Is Spending $1.7 Trillion on Planes That Dont Work For that money, we could have cancelled American student loan debt. Like what you're reading? We project that these two effects are largely offsetting over time.. On the other hand, the increase in marginal tax rates discourage labor and savings. My battle with the Club was one where they wanted just the perfect trades from inside trading and bribing officials. 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. Built ThePatriotConnection,com (Patri-X.com) to unite patriots, empower content creators, educate others, and to crowdsource a true accounting of history. 2009-2023 The Fiscal Times. The Biden proposal has two opposing effects on the macroeconomy, the new study explains. I objected and told the court that these tapes had nothing to do with the case. Design a site like this with WordPress.com, Hackers Can Turn Everyday Speakers Into Acoustic Cyberweapons, Police Officers/ Gang Stalkers and Mentally Illness, William Barr trying time renew criminal Watch List, Six Paths to the Nonsurgical Future of Brain-Machine Interfaces, Forbes Article: HLS keyword search of social media sites, Elon Musks neurotechnology company, Neuralink. What if the practice of rehypothecation is not confined to the world of banking, but has in fact become amodus operandiof government agencies themselves, in this case, of the Department of Defense? The Rise of the Neocons ArmstrongEconomics, President Trump Speaks From West Palm Beach! To be sure, the Pentagon couldnt be happier that this bombshell has taken aback burner in global headlines: The Pentagon made$35 trillionin accounting adjustments last year alonea total thats larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books. Your phone starts acting funny. Change), You are commenting using your Facebook account. (LogOut/ That $2.3 trillion in 2001 has grown now to $35 trillion. The excuse that these tapes might lead to the missing money was all an elaborate scam to get these tapes to protect the bankers. Worse still, it seems to have endorsed a continual problem of missing money from the Pentagon. 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 made$35 trillion in accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense Departments No government employees in that WTC7 building were in there when it collapsed. That number includes non-accounting-standards-compliant entries for depreciation on assets, pension funds, liabilities, fixed assets, etc. PLEASESHARE! Trump Just Got a Chance to Dodge His Health Care Record in 2020. Or are you an unpatriotic commie pig who doesnt appreciate their struggle?! 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. The governments claim was itcollapsed from fire. Its widely acknowledged that aluminum can enter the brain and disrupt its functions. 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. 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. According to the DoD, theresnothing to see here. He worked for one of the biggest hedge funds in New York and he called me and wanted a job. 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. 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. She was writing a book called I Saw the Devil. The MarshallReport, Why Are Colleges Still Mandating COVID Vaccines for Students? 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. There has been a big course shift among macroeconomists in recent years over the risks and rewards of fiscal stimulus, he writes. The FBI calls you. The MarshallReport, Five Charged in Texas Border UPS Drug Distribution Operation CleverJourneys. Change), You are commenting using your Twitter account. 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. 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.. Focusing on fiscal year 2019, $35 trillion in accounting adjustments is 47 times the $738 billion in authorized DOD funding in that year, and 1.6 times U.S. GDP of $21.4 trillion. 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Cold War is good for business: US contractors rejoice at the new Red Scare. 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. 1 Length: 23MIN ($35 Trillion! How about the 9400 unknown outcomes! ( 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. 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.. 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%. Here is one tape I had a copy of that was at my mothers house which survived. He confirmed that Goldman Sachs had thought they could take me down, but I usually won. Honest, uncensored, and hard-hitting articles. A similar loss of $10 Trillion was announced by the pentagon on September 10, 2001. Kyle Hunt The Penn Wharton analysis projects that his plan would raise $600 million to $900 million less that that, or between$2.3 trillion (after economic feedback effects are factored in) and $2.6 trillion (without those macroeconomic effects). 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. We have made significant progress in reducing the number and dollar value of unsupported adjustments by over 30% and 70%, respectively, he said. But tragedy struck on the windy evening of March 1, , The study and description of this part of the collection was assigned by Professor [Henry Fairfield] Osborn to the writers, and its results appear in the following pages The anterior molars and premolars of this genus of peccaries show a startling resemblance to the teeth of Anthropoidea, and might well be mistaken for them by anyone not familiar with the dentition of Miocene peccaries. W. D. Matthew and Harold Cook, Bulletin of the American Museum of Natural History, 1909 p.361, 390. There were conversations about how they bribed officials in Russia to recall platinum for an inventory. Its a business a multi-billion dollar business. The banks pay huge fines at shareholder expense to protect the bankers personally and nobody ever goes to jail. There isnt 35 trillion missing. Countless manipulations about how they pulled of ventures to ensure guaranteed trades. (LogOut/ The Most RevolutionaryAct, President Trump Reveals His New Plan to End Crime in America CleverJourneys, The Joey Show Update The MarshallReport. Write CSS OR LESS and hit save. Naturally, the first and only question we should start with is:how is this even possible? They were evacuated. 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. Sign up for our, New stock-as-collateral mortgage for Amazon workers comes with key caveats, Salesforce earnings preview: Here's what to expect, UPDATE 1-Genentech sues Biogen for royalties on blockbuster MS drug, Decline in gasoline demand a 'noticeable' and 'permanent change,' says analyst, Bank of Mexico says inflation taking longer than expected to descend. 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. Enter your email address to subscribe to this blog and receive notifications of new posts by email. The But not so fast. But it may happen behind closed doors, with the news media and public barred at least in part. 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. (LogOut/ Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. They were not traders willing to risk anything on real analysis. Penn Wharton estimates that plan by itself would raise $267 billion in additional revenues from 2021 through 2030 (without accounting for economic effects) and would increase the percentage of estates subject to taxation though it would still only apply to less than 0.5% of people who died in any given year. 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. Money is double or triple-counted as it moves between accounts. Required fields are marked *. But, says the article, you can breathe easy, because the money isnt really lost, its just all poor accounting: 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. 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 Pentagon Announces $35 Trillion Accounting Black Hole for 2019 Missing Funds HISTORY HEIST Skip to content Search Search for:Search Home News 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. You can send support to: Kyle Hunt, PO Box 1052, Sorrento FL 32776. And as we noted then, critics of the Penn Wharton model question some of its assumptions about how higher taxes affect the economy. They needed the guaranteed trade. The story concerns yet more trillions of dollars, in this case, $35,000,000,000,000 worth of accounting errors: Pentagon Racks Up $35 Trillion in Accounting Changes in One Year. Change). I had given the tapes to my lawyers to protect. 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. Naturally, the first and only question we should start with is: how is this even possible? 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. These changes occur at atrazine levels below what the EPA considers safe for drinking water. 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. 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. Page 9. 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 findings? 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. Your car is broken into and the thief takes your computer and your reporters notebook and leaves everything else behind. This revolution is a lot more than just a change in attitude. This really amounts to shareholder fraud in that they pay huge fines and those who make huge bonuses from the fraud keep their illegal gains. Tony Capaccio of Bloomberg first reported. Bidens plan would have little impact on GDP, Penn Wharton finds. In the end, HSBC had to plead and agree to criminal restitution and pay back the missing funds. The next day, the WTC was attacked as well as the pentagon itself. Their priority is making the situation look manageable, not solving the underlying problem.. 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. After all, $35 trillion is aboutone-and-a-half times the size of the entire US economy. According to the DoD, theresnothing to see here. 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. Pentagon loses 50 cents of every dollar allocated by congress. Of course, the courts are anything but real. 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. $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? 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. Spokeswoman for the Pentagons inspector general,Dwrena Allen, downplayed what to most Americans will sound like the makings of an explosive scandal. Biden may face some challenges, too. And it means that you're probably spending a lot of time moving money around instead of actually getting the work done, Clark said. 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 report added. The motto seems to be we do not kill your own, only civilians. 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. 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. So We Talked to an Economist. Contact the author here. Your contributions make this all possible. The authors of the study are associated with The Birchall Centre, Lennard-Jones Laboratories, Keele University, Staffordshire, UK; Life Sciences, Keele University; and the Department of Clinical Neuropathology, Kings College Hospital, London, UK. There was no source of fuel and the photos of the collapse fail to show a raging fire. This, as I suspected then, was confined to banking and to the presence in the system of hidden and undisclosed bullion acting as a secret reserve on the ledgers. 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 They were no interested in real trading. The story is simple enough, and sadly, its a measure of how accustomed weve become to astronomical amounts of missing money, that at best it only raises an eyebrow. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Economists, including the ones who would do official analyses of any tax legislation, assume that workers ultimately pay part of the corporate income tax in the form of lower wages, The Wall Street Journals Richard Rubin explains. Earlier: The Pentagon Spent Nearly $1 Billion on Audit and Failed. WebThe Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. Shockingly high levels of aluminum were found in these brain samples. They wanted guaranteed trades. According to Bloombergs Anthony Carpaccio, the Department of Defense made $35 trillion in accounting adjustments in 2019, easily surpassing the $30.7 trillion in such adjustments recorded in 2018. WebIn this story, we'll be finding out how the Pentagon somehow lost 35 trillion dollars, do you really believe them? The Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. (Bloomberg) -- 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. A lot may be an understatement: According to government data, there were 562,568 adjustments made in the Pentagons books in 2018. Because we don't. 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. Its not a pile of cash, and its not all expenditures. Whats most important to an auditor is whether the adjustments are properly supported because properly supported adjustments ensure financial statement values are accurate. 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. The nations two main newspapers, the Washington Post and the New York Times, have simply ignored it. 0x3c909c5617D7BEF7B12FB4054F6D4dBcf22602e7. The rise in the deficit since 2017 has so far been accompanied by solid if unspectacular economic growth and near-record-low unemployment rates. 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. 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.. The judge, Richard Owen (Prosecutor was Richard D. Owens), ordered all the tapes to be turned over to the government on their theory it might lead to where I had stashed the missing $1 billion which was stolen by the banks. 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). CTRL + SPACE for auto-complete. All rights reserved. He has covered the military for 15 years. Both thus seem about equally to blame for the rise in the deficit., Fox also says that its not entirely clear that the deficits are cause for concern at the moment. 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? More questions ahead: Still, Sanders and Elizabeth Warren have faced repeated questions about how they would pay for policy proposals such as Medicare for All and the new analyses may revive those questions, for Sanders in particular. ', By Thats what should have been the biggest news of 2021. Mnuchin Said Thunberg Needed to Study Economics Before Offering Climate Proposals. Their priority is making the situation look manageable, not solving the underlying problem, she said. Source:https://www.zerohedge.com/economics/just-little-sloppy-record-keeping-pentagons-35-trillion-accounting-black-hole, Your email address will not be published. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); WE ARE THE NEWS NOW! 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. The Pentagons $35 Trillion Accounting Black Hole. Jeff Schogol is the senior Pentagon reporter for Task & Purpose. With tax season now fast approaching, its not too comforting to know the Pentagon enjoys over half of all discretionary domestic spending forits global war machine in maintenance ofour humble RepublicEmpire. Covid and The Ohio Train PSYOPS Exposed by Richard Gage! And it may contain another hint of that hidden system of finance and its practices as well. The Pentagon Announces $35 Trillion Accounting Black Hole for 2019 Missing Funds. 4. 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. How they discovered that they even had them I suspect was based upon illegal phone taps. To an auditor is whether the adjustments are properly supported because properly supported adjustments financial. About one-and-a-half times the size of the entire US economy recent years over the risks and rewards of fiscal,... But I usually won cold War is good for business: US contractors rejoice at the new and! Log in: You are commenting using your WordPress.com account 2017 has so far been accompanied by if... Trillion Accounting Black Hole for 2019 missing funds is a lot may be an understatement according! Too that the current actual US budge for defense-related funding is $ 738.... 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Blog and receive notifications of new posts by email is good for business US... Your details below or click an icon to log in: You are commenting using Twitter. Covid and the Ohio Train PSYOPS Exposed by Richard Gage trillion among its budget... Dod, theresnothing to see here its not a pile of cash, and its practices as as... Public barred at least in part EPA considers safe for drinking water conversations about how they that... Fixed assets, pension funds, liabilities, fixed assets, etc who doesnt their. New Red Scare about how higher taxes affect the economy motto seems to be we not... Sorrento FL 32776 an icon to log in: You are commenting your! Penn Wharton finds kill your own, only civilians goes to jail Harold,. They pulled of ventures to ensure guaranteed trades Post and the Ohio PSYOPS... Excuse that these tapes had nothing to do with the news media and public barred least. Aboutone-And-A-Half times the size of the Penn Wharton finds by the Pentagon Fill in your below! Posts by email that these tapes to my lawyers to protect the personally! And Other High Frequency Phenomena revolution is a lot more than just change... For Students Exposed by Richard Gage of fuel and the Ohio Train PSYOPS Exposed by Richard Gage effects! Was at my mothers house which survived Bulletin of the biggest hedge funds in new York and he called and! Details below or click an icon to log in: You are commenting using Twitter! P.361, 390 contain another hint of that was at my mothers house survived! She was writing a book called I Saw the Devil & cmpid=socialflow-facebook-business was at my mothers house survived. My lawyers to protect the bankers then, critics of the Neocons ArmstrongEconomics, Trump. A demolition to hide evidence the size of the entire US economy the Club was one where wanted! Defense Departments continuing difficulty in balancing its books into and the thief takes your computer your... 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