Here we go again... trillions missing from Pentagon

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Col. Flagg
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Here we go again... trillions missing from Pentagon

Post by Col. Flagg »

http://www.cnn.com/2016/08/23/politics/ ... ng-errors/
(CNN)The US Army made trillions of dollars of accounting mistakes and often did not have the receipts or invoices needed to support figures in its budget, according to a scathing Pentagon report.

The audit, conducted by the Defense Department's Office of Inspector General, found that the Army erroneously made $2.8 trillion in adjustments in the third quarter of 2015 to its Army general fund - one of the main accounts used to fund the service. The error amount skyrocketed to $6.5 trillion for all of last year, the report said.

The June report, first disclosed by Reuters on Friday, found "unreliable" data was used to prepare the financial statements, leading to the possibility that the Army's finances were "materially misstated."
The criminality and corruption in our government and defense establishment is staggering - trillions are missing and it's due to 'errors', 'mistakes' and 'adjustments'. =)) The last time something like this was announced was on the morning of September 10, 2001 and the next day those investigating Rumsfeld's 'missing' $2.3 trillion were all killed, the computer servers the records were on destroyed and the investigative case files gone forever.

Silver
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Re: Here we go again... trillions missing from Pentagon

Post by Silver »

Col. Flagg wrote: March 27th, 2017, 1:48 pm http://www.cnn.com/2016/08/23/politics/ ... ng-errors/
(CNN)The US Army made trillions of dollars of accounting mistakes and often did not have the receipts or invoices needed to support figures in its budget, according to a scathing Pentagon report.

The audit, conducted by the Defense Department's Office of Inspector General, found that the Army erroneously made $2.8 trillion in adjustments in the third quarter of 2015 to its Army general fund - one of the main accounts used to fund the service. The error amount skyrocketed to $6.5 trillion for all of last year, the report said.

The June report, first disclosed by Reuters on Friday, found "unreliable" data was used to prepare the financial statements, leading to the possibility that the Army's finances were "materially misstated."
The criminality and corruption in our government and defense establishment is staggering - trillions are missing and it's due to 'errors', 'mistakes' and 'adjustments'. =)) The last time something like this was announced was on the morning of September 10, 2001 and the next day those investigating Rumsfeld's 'missing' $2.3 trillion were all killed, the computer servers the records were on destroyed and the investigative case files gone forever.
Yes, that's all true but we're going to continue to drone brown people around the world because We're #1! USA! USA! USA!

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Rose Garden
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Re: Here we go again... trillions missing from Pentagon

Post by Rose Garden »

I didn't know we had trillions of people working at the Pentagon. Are you sure we want to know where they went?

Juliet
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Re: Here we go again... trillions missing from Pentagon

Post by Juliet »

It goes to underground metropolisis.

Ezra
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Re: Here we go again... trillions missing from Pentagon

Post by Ezra »

Obama has a nice retirement fund.

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cappaccio
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Re: Here we go again... trillions missing from Pentagon

Post by cappaccio »

if something happens, which I doubt it will. It would be on a Tuesday just like 9/11, not that that means anything, just an observation.

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