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HUFFPOST SUPER USER
Mark Frazer
11:45 AM on 09/24/2011
history lesson: on 9-10-01, donald rumsfeld gave a speech in which he admits the penatgon cannot account for 2.3 trillion dollars. google it...check youtube...it is recorded. unfortunately, guess where the "records" were kept?
12:12 PM on 09/24/2011
Dov Zakheim resigned as Pentagon Comptroller and Chief Financial
Officer at the beginning of March when it was revealed that the he is
unable to account for the disappearance of a trillion dollars
($1,000,000,000,000). It is unlikely that this will receive much
coverage in the mainstream media.

A General Accounting Office report found Defence inventory systems so
lax that the US army lost track of 56 aeroplanes, 32 tanks and 36
Javelin missile command launch-units. - Al Jazeera

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=103x105705
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HUFFPOST SUPER USER
sak
12:31 PM on 09/24/2011
Either those who handle the budget are inept or they are shady. Time to figure out which and fix it.
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helioszephyr
What do you mean by "micro"?!
11:45 AM on 09/24/2011
"...Pentagon can't say for certain where all the money it's getting now is really going."

and this is news? It's one of the main reasons we have a deficit.
This is not a mystery... most of it goes to the likes of Haliburton and other contractors.
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11:45 AM on 09/24/2011
The problem goes way beyond The Pentagon. It pervades every level of our bureaucracy. But it's always good when it gets aired out.
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11:43 AM on 09/24/2011
The Pentagon budget is the biggest boondoggle ever. One of our problems is we've allowed the emphasis of our national budget to be shifted over the past 30 or 40 years from supporting education and developing infrastructure, to warfare and spending for the instruments of warfare. Consequently, we're involved in one war after another, and often, as is currently the case, we're spending on simultaneous multiple wars.

The so called "Department of Defence" in reality is the War Department, and from our country's beginning until the 1950's it was called the War Department. But the public relations wordsmiths, employed by corporate owned politicians, have massaged our national vocabulary in ways that only promote one deception after another.

We need to starve the War Department beast, which is little more than a cash cow for unscrupulous corporations who promote war, and then shift the emphasis of our economy to better educating our children, by providing old age security for our elderly, and by developing and maintaining our infrastructure, thus laying the groundwork for our future prosperity.
12:10 PM on 09/24/2011
The Defense budget along with its concomitant intelligence and national security spending is nothing but welfare for "conservatives."

The real welfare queens.
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Klarsonent
Semi-retired landlady, small business entrepreneur
01:06 PM on 09/24/2011
Excellent post. Fanned and faved.
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11:39 AM on 09/24/2011
Conspiracy theory or actual military project?

Google the 'HAARP Project'.
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mrhandyman3105
Independent Voter
11:35 AM on 09/24/2011
Having conducted military finance audits/reconciliations while in the military I can tell you that each year audits are done from the command level on down. Any discrepancies are reconciled which can take anywhere from 1-5 yrs. During my audits and reconciliations I've found numerous times where the civilian contractors attempted to double bill, or over bill the government, in which case you have to go back and re-confront the contractor for reimbursement. And that's another ball of wax.
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11:50 AM on 09/24/2011
You have a unique perspective on this. So tell me what happens when contractors are caught erroneously billing any given department? Are there any meaningful consequences or do they just reimburse the stolen money and continue working? I'm guessing the latter, which would make for an incentive to rip off tax payers.
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HUFFPOST SUPER USER
mrhandyman3105
Independent Voter
12:30 PM on 09/24/2011
Usually when confronted with the evidence they are allowed to reimburse the Gov't. Mostly the Gov't has a "credit" or future orders. If they have a history of over billing or erroneous billing usually the contract is canceled or allowed to expire. They are are "asked" to reimburse the Gov't. Rarely are there any criminal consequences unless it's in the millions.
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Now tense
I'm trying real hard to be the shepherd.
11:33 AM on 09/24/2011
You can easily link two stories together, this one and the 4.2 million people that have top secret security clearances. All of this stems from Obama not following through with a campaign promise of ending the domestic spying program that was started under Bush. How many contractors does it take to sift through all of this information that is collected on a daily basis? Remember the NSA is a classified budget that falls into the DOD budget, this is probably why it can't be tracked. If both Democrats and Republicans want to reduce the amount of money we spend in government maybe they should question if this gigantic program is making us any safer? People wonder what the two bases of both parties can agree on? It is probably this issue, but I highly doubt that it will be tackled by either party, because of the fear of looking weak on security.
11:31 AM on 09/24/2011
Tivalu, Kiribati, Sao Tome', Tonga, Dominica, Samoa, Comoros, East Timor, St. Kitts, St. Vincent, ten nations with combined GDP of $4.3B in 2010 according to the World Bank. That's one tenth of the reported waste/fraud our DOD reported in that same timespan alone. Ten independent nations could not lift a finger & get by on 10% of what ONE GOV'T AGENCY in the U.S. pisses away. I realize we're not them & they're not us but that's got to give a little perspective of the enormous scope of how we view money/finance in it's entirety. We only discuss issues in the tens of billions now, the world is buckling under that mindset..
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11:50 AM on 09/24/2011
we are all hamsters on neocon "financially engineered" and "financially innovated" wheels

we only discuss tens of billions, hundreds of billions, and Trillions when we're talking about bailing out wall street, fed bailouts, or the military industrial complex.

talk about education and social programs and they are sliced and diced for 10s of millions, the same amount banksters get in bonuses.
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Moxo
Our enemies are in the GOP.
11:30 AM on 09/24/2011
If the Pentagon cannot account for how it spends our money, then that is 100% proof that we are giving the Pentagon too much of our money!

It also points up why we need a couple of wars - so much easier to hide your lack of financial accountability.
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almchrl13
11:29 AM on 09/24/2011
Yoda Panetta in first photo?
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allen bupp
Fighting ignorance, one ideologue at a time...
11:28 AM on 09/24/2011
Where does the money go? The bottom of the ocean. I have a buddy who was in the Navy. Every time his carrier was coming into port they'd deep six stuff that had broken down because it was less paperwork and easier to report it 'lost overboard' and get a new one than the parts to fix the old.
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JohnnySk
11:25 AM on 09/24/2011
I choose doomsday, Alex, for $50 million.
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HUFFPOST SUPER USER
Amanda Matthews
11:19 AM on 09/24/2011
Maybe they're still loading it up on pallets and shipping it out to Iraq. Or Afganistan. We got warlords to bribe still. And we have CIA secret operations to fund, And we got weapons to supply to our 'allies'.

The MIC has always been an 'off the books' operation.
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Fez
Ignorance is no excuse for the law.
11:18 AM on 09/24/2011
This country will never balance its budget if we continue to fund the Pentagon as if we were a leading world power. Two wars off the books, pallets of dollars looted in Iraq, $500 hammers... we don't need the Pentagon to defend us... we need someone to defend us AGAINST the Pentagon.
11:14 AM on 09/24/2011
There's no PROFITEERING like WAR PROFITEERING!!!!! WAR has ALWAYS been about profiting from the deaths of others. In the past, the warriors collected the property of those they had slain. Today, the PROFITEERS collect a great bounty from their government connections (resulting in government contracts) to those prosecuting the WARS. WAR budgets are opaque by DESIGN to keep those paying for WAR ignorant of who is profiting from it.
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almchrl13
11:29 AM on 09/24/2011
Cheney agrees