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Home»World Economy»Pentagon Lacking $824 Billion | Armstrong Economics
World Economy

Pentagon Lacking $824 Billion | Armstrong Economics

DaneBy DaneNovember 20, 2024No Comments3 Mins Read
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Pentagon Lacking 4 Billion | Armstrong Economics
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The Pentagon, funded by you—the taxpayer—has in truth NEVER handed an audit. Washington makes use of the Pentagon and Division of Protection as maybe its favourite cash laundering instrument. Numerous funds and provides vanish yr after yr, and nobody is ever investigated or punished. The corruption is blatantly in our faces. The newest gimmick of an audit revealed that the Pentagon is unable to account for an astounding $824 billion lacking from its funds. That is the seventh consecutive time that the Division of Protection has not less than admitted that the company “misplaced” a whole bunch of billions of {dollars}. The place are the funds?

There are twenty-eight separate reporting companies, additionally funded by the taxpayer. Fifteen of these companies acquired disclaimers, 9 acquired an unmodified audit opinion, and one acquired a professional opinion, whereas the remaining three companies have pending opinions. Final November, the Pentagon funneled about $187 million to the general public sector to conduct these dishonorable audits. The corruption by no means ends. They knew forward of the audits that the company wouldn’t come near passing. There’s zero regret.

The DoD has no concern for his or her failed audit as they’ve by no means felt repercussions for failing one. Michael McCord, Underneath Secretary of Protection (Comptroller) and Chief Monetary Officer, dared to say that he wouldn’t essentially name $824 billion in lacking funds a “failed audit.” McCord additionally stated to not fear because the Pentagon ought to be capable to alter its audits to move by 2028. The federal government can misuse our funds, however we’d be imprisoned for failing to present them their cash via taxation.

“So if somebody had a report card that’s half good and half not good, I don’t know that you just name the scholar or the report card a failure,” McCord stated. Really, that scholar can be held again and compelled to finish the necessities for his or her grade degree. Might you steal the cash from somebody’s pockets and name it an act of kindness for returning the change? This severely indebted nation supplied the $824 billion to this slush fund of a division. The place is our cash? Why has this company by no means been held accountable? I presume the pockets run deep and the variety of gamers concerned would smear a portion of the institution domestically and internationally.

SEC World Trade Center WTC7

Don’t forget that when a whistleblower admitted the Pentagon has $2.3 trillion in unaccounted funds, a number of main buildings in New York fell and began a contagion of occasions. The company has by no means defined the whereabouts of these funds nor has it defined the trillions which have gone lacking since then. The WTC7 demolition on 9/11 destroyed the room the place the Pentagon audit was happening and in addition occurred to be the placement of my pc system. I acquired an evidence from the SEC that all the things had merely been destroyed and no additional questions have been permitted.

I do hope that Donald Trump’s administration drains the swamp and holds EVERY federally funded division accountable for passing audits. That is really a shame and a slap within the face to People who’ve been funding authorities mismanagement for generations.



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