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!
In the abysmal failure of the DOD audit, the military-industrial complex had to come up with SOMETHING that might stand a chance of instilling sufficient FEAR in U.S. citizenry to gain support for ever-increasing and totally unnecessary over-blown budgets
On November 15, Ernst & Young and other private firms that were hired to audit the Pentagon announced that they could not complete the job. Congress had ordered an independent audit of the Department of Defense, the government’s largest discretionary cost center—the Pentagon receives 54 cents out of every dollar in federal appropriations—after the Pentagon failed for decades to audit itself. The firms concluded, however, that the DoD’s financial records were riddled with so many bookkeeping deficiencies, irregularities, and errors that a reliable audit was simply impossible.
Vox “journalist” Matthew Yglesias tried to push this idiotic justification: “The Pentagon’s accounting errors are genuinely enormous, but they’re also just accounting errors—they don’t represent actual money that can be spent on something else.”
Sorry, but no. These are not “accounting errors.” It’s impossible to have trillions of dollars of “accounting errors.” … I’ll let Laurence Kotlikoff at Forbes answer this:
“Let’s recall that this is not simply a matter of boring accounting. Trillions in unaccounted outlays, if that’s what’s involved here, is trillions of our tax dollars being spent without our knowledge. If that’s the case, we’re talking about the biggest government financial deception in the history of the country.”
Once again, the pentagon can’t account for vast sums of taxpayer dollars – $6.5 trillion. Detailing the specifics of waste or even graft that has transpired inside the military- industrial-security complex is a task that could get an investigator killed. The biggest cash cow is wrapped in the flag and exists within a culture where mere scrutiny lays open charges of being unpatriotic.
Repost of “The Pentagon Can’t Account for $21 Trillion (That’s Not a Typo)” by Lee Camp , May 14, 2018 on TD originals https://www.truthdig.com/articles/the-pentagon-cant-account-for-21-trillion/
US Military Spending Still Makes China, Russia Look Small: Repost of original article by Rob Garver, May 1, 2017—Between 2007 and 2016, China increased the amount it spends on defense each year by 118 percent to $215 billion. Russia increased its military spending by 87 percent to $69.2 billion…They still spend less than half of what the Pentagon gets from U.S. taxpayers every year
Half (?) of our Tax Money Goes down the Rabbit Hole of Military Spending
Inspiring original article By Philip A Farruggio, Global Research, December 05, 2017 at https://www.globalresearch.ca/the-silence-of-the-empires-lambs/5621702