Department of Defense Cost Control
The Pentagon’s Bottomless Money Pit (including a personal experience)
$21 trillion of Pentagon financial transactions between 1998 and 2015 could not be traced, documented, or explained.
The long-awaited, Congressionally mandated Department of Defense audit concluded. Read the resulting synopsis from “The Nation”:
Pentagon’s Massive Accounting Fraud Exposed (Post with downloadable PDF file, 787 Kb) As reported at https://www.thenation.com/article/pentagon-audit-budget-fraud/ And a shorter synopsis HERE.
Quotes from “The Nation”:
“In all, at least a mind-boggling $21 trillion of Pentagon financial transactions between 1998 and 2015 could not be traced, documented, or explained, concluded Skidmore. To convey the vastness of that sum, $21 trillion is roughly five times more than the entire federal government spends in a year. It is greater than the US Gross National Product, the world’s largest at an estimated $18.8 trillion.” (Underlining is mine ~ Don)
“The Pentagon’s accounting fraud diverts many billions of dollars that could be devoted to other national needs: health care, education, job creation, climate action, infrastructure modernization, and more. Indeed, the Pentagon’s accounting fraud amounts to theft on a grand scale—theft not only from America’s taxpayers, but also from the nation’s well-being and its future.”
And such theft goes into the pockets of this country’s 1%ers!
Is the F-35 a Trillion-Dollar Mistake? Trump criticized the cost of America’s warplane of the future, but what he’s not saying is that it might be hackable and leave soldiers vulnerable. (Again, tRump is throwing B.S. ~ Don) From Bloomberg Businessweek, Paul Barrett...
The misadventures of the military/industrial complex simply keep getting more and more brazen from even the ones I witnessed from inside the system in the ‘60s thru ’70s!
Aging B-1 Bomber May Soon Have to Restrict the Way it Flies – More taxpayer $$ wasted on the Defense Department…and poor engineering by Rockwell
A Personal Experience with DoD “Cost Control” Don Chapin The US government basically does very little hands-on cost accounting...since virtually everything is done by contract, commercial/civilian program managers are central to cost tracking and control. When I was...
We need a MASSIVE National Budget Re-alignment! This video (at prepareforchange.net ) ranks the top countries in the world by military spending per year from 1962 to 2018. Spending is calculated in US dollars and is not adjusted for inflation. It shows the US...
Presidential Candidates Must Support Dramatic Pentagon Spending Cuts, Funding of Human Needs Instead, Coalition Says. Agreed, but in our opinion, this article’s proposed $200B cut in the DoD budget is FAR too little!
Senior Republican Slams Pentagon Spending Habits James Kidd, May 22, 2019 | J, Reading Time: 3 minutes https://whowhatwhy.org/2019/05/22/senior-republican-slams-pentagons-spending-habits/ In a rare rebuke of the Pentagon by a Republican, Sen. Chuck Grassley (IA)...
The Pentagon’s Bottomless Money Pit (including a personal experience) When the Defense Department flunked its first-ever fiscal review, one of our government’s greatest mysteries was exposed: Where does the DoD’s $700 billion annual budget go? By Matt Taibbi March 17,...
Military Personnel on Food Stamps: This question came up in many non-MSM publications and even in military papers as a direct result of Trump’s insistence on his ego-enhancing parade. While the topic of military personnel on food stamps was an “image” problem even in my early enlisted days in the late 1950’s, I had assumed…