He has covered the military for 15 years. Consider too that the current actual US budge for defense-related funding is$738 billion. The Pentagons $35 Trillion Accounting Black Hole While it shouldnt come as a surprise for an organization that has famously failed to ever pass an audit, the Pentagon According to Bloombergs Anthony Carpaccio, the Department of Defense made $35 trillion in accounting adjustments in 2019, easily surpassing the $30.7 trillion The problem was the fire would have to have been 800 degrees celsius to do that and the building would not have collapsed straight down. RIP, Jim Lehrer. in assets and a record current 2021 budget of $738 billion, has for the third year in a row failed its audit. WebIn this story, we'll be finding out how the Pentagon somehow lost 35 trillion dollars, do you really believe them? On one hand, reducing federal deficits increases investment, leading to greater capital accumulation and, therefore, increasing GDP. Within that$30 trillionis a lot of double, triple, and quadruple counting of the same money as it got moved between accounts, Todd Harrison, a Pentagon budget expert with the Center for Strategic and International Studies, toldBloombergin a recent report. The US, a banking subsidiary since Andrew Hamilton and the 1st Bank of the US sold the country to international bankers (65%) and domestic (25%) with 10% for the bank itself, has never defended freedom of any kind but has ALWAYS been on the offensive as the Revolutionary war was a Freemasonic one. Inanother report, they tried to simulate how to bring that building down in the manner it did and the only way was to cut the columns on the first 8 floors. This milestone was the first non-Latin Vulgate text of the scripture to be produced in a millennium and the first ever to come off a printing press. let that number sink in) #darkskyfiles #pentagon #government Anne learned to fly, and she and Charles made spectacular intercontinental flights together. However, $35 trillion is close to 50-times the size of the Pentagon's 2019 budget, so that means every dollar the Defense Department received from Congress was moved up to 50 times before it was actually spent, Clark said. Write CSS OR LESS and hit save. In the banking world, where the same pile of assets are assigned to several different accounts all at the same time, its not only fraudulent, but there is actually a word for it: re-hypothecation. Real outlays grew 1.7 percentage points a year faster than the historical average since the end of 2017; real receipts grew 1.8 percentage points slower, Fox says. That means studies of proposals to raise corporate taxes do show some higher taxesunder $200 for many households in Mr. Bidens casefor the middle class.. The bankers have always sought the perfect trade. The Defense Department acknowledged that it failed its first-ever audit in 2018 and then again last year, when it reviewed$2.7 trillionin assets and$2.6 trillionin liabilities. The Defense Department acknowledged that it failed its first-ever audit in 2018 and then again last year, when it reviewed$2.7 trillionin assets and$2.6 trillionin liabilities. Change), You are commenting using your Facebook account. This really amounts to shareholder fraud in that they pay huge fines and those who make huge bonuses from the fraud keep their illegal gains. Trumps Fed Nominees Will Mean Easier Money, Talented Immigrants Make the U.S. Richer, Not Poorer. Save my name, email, and site URL in my browser for next time I post a comment. Of course, in the real world outside the halls of government and of largely unchecked power, a mere single trillion would be enough send people to jail. There were546,433 adjustments in fiscal 2017 and 562,568 in 2018, according to figures provided by Representative Jackie Speier, who asked the Government Accountability Office to investigate, the report added. In 2010, a 70-year-old woman going by the pseudonym Ether White claimed that she was sexually abused for years by her father and grandfather, and that the pair was paid by Dr. Alfred Kinsey as , After Charles Lindbergh flewThe Spirit of St. Louisfrom New York to France in 1927, completing the first solo nonstop transatlantic flight, he became Americas most admired hero. And it may contain another hint of that hidden system of finance and its practices as well. Many of these older systems were designed without consideration for current financial accounting standards, Sherwood said. The judge, Richard Owen (Prosecutor was Richard D. Owens), ordered all the tapes to be turned over to the government on their theory it might lead to where I had stashed the missing $1 billion which was stolen by the banks. 0x3c909c5617D7BEF7B12FB4054F6D4dBcf22602e7. Now, theres two ways to count money two, or three, or several times: one is to do so inadvertently and by mistake, which is what were being asked to believe here. https://gabpay.live/CompleteQR/9Y95IV, BITCOIN ADDRESS: On the other hand, the increase in marginal tax rates discourage labor and savings. The Biden proposal has two opposing effects on the macroeconomy, the new study explains. The story is simple enough, and sadly, its a measure of how accustomed weve become to astronomical amounts of missing money, that at best it only raises an eyebrow. The Pentagon's accounting systems are so old and out of date that defense officials don't even put up a fight when the Treasury Department says they've made errors, explained Kristen Kociolek, who led the GAO's review of the issue. Within that $30 trillion is a lot of double, triple, and quadruple counting of the same money as it got moved between accounts, said Todd Harrison, a Pentagon budget expert with the Center for Strategic and International Studies. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Why Not? PLEASESHARE! The excuse that these tapes might lead to the missing money was all an elaborate scam to get these tapes to protect the bankers. There are other issues with the model, as well: The latest analyses follow the Congressional Budget Offices standard in applying revenues raised by higher taxes toward deficit reduction even in cases where a candidate has laid out other uses for the money. Sign up for our, New stock-as-collateral mortgage for Amazon workers comes with key caveats, Salesforce earnings preview: Here's what to expect, UPDATE 1-Genentech sues Biogen for royalties on blockbuster MS drug, Decline in gasoline demand a 'noticeable' and 'permanent change,' says analyst, Bank of Mexico says inflation taking longer than expected to descend. One of the few in Congress who have taken an interest in the missing $94.7 trillion is Instead, the story, which broke on November 17, was largelyignored. Mnuchin Said Thunberg Needed to Study Economics Before Offering Climate Proposals. That $2.3 trillion in 2001 has grown now to $35 trillion. Tony Capaccio of Bloomberg first reported. US (not America any longer) put 80% of its budget for the first 90 years to killing the indigenous as George Washington wiped out the Iroquis and the Pilgrims were no better wiping out the Pequot as the Jews, Masons and Christians burnt theirRead more , Look at the design of DC and the Pentagon which is an upside down pentagram as both were designed by Freemasons as are all state houses and a huge number of dams, buildings, cities, and other structures with George Washington in full pose as Baphomet (the inverse of the Ram of Banebdjedet at Mendes) as everything we know, read or have been taught is the inverse (Well know our disinformation program is complete when everything the American public believes is false William Casey at Reagan White House meeting with Barbara Honegger in attendance and it was herRead more . Penn Wharton also estimates that Sanders plan to expand the estate tax, which would raise rates and reduce the federal exemption from its current level of about $11 million ($22 million for married couples) to $3.5 million for singles (and $7 million for couples). Not to mention that the figure easily dwarfs the GDP of the entire combined nations of theEuropean continent. AMAZING INTEL BEING RELEASED NOW! Thats obscene, they stole how much money? (LogOut/ The Pentagon made$35 trillion in accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense Departments There has been a big course shift among macroeconomists in recent years over the risks and rewards of fiscal stimulus, he writes. The collapse of WTC #7 was clearly a demolition to hide evidence. The authors of the study are associated with The Birchall Centre, Lennard-Jones Laboratories, Keele University, Staffordshire, UK; Life Sciences, Keele University; and the Department of Clinical Neuropathology, Kings College Hospital, London, UK. Bloombergs Justin Fox crunched the data and came to a simple conclusion: Its both. All constitutional changes required the unanimous approval of the 13 member States. The figure dwarfs the $738 billion of defense-related funding in the latest U.S. budget, a spending plan that includes the most expensive weapons systems in the world including the F-35 jet as well as new aircraft carriers, destroyers and submarines. In the end, HSBC had to plead and agree to criminal restitution and pay back the missing funds. With tax season now fast approaching, its not too comforting to know the Pentagon enjoys over half of all discretionary domestic spending forits global war machine in maintenance ofour humble RepublicEmpire. In laymans terms, this means that the DoD made adjustments to accounting records without having documentation to support the need or amount for the adjustment, she said. The Pentagon failed its audit amid a now $35 trillion scandal (yes, trillion) Lee Camp. The Pentagon made $35 trillion in accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense In other words, were already far afield of former Defense Secretary Donald Rumsfelds September 10, 2001 admission that the Pentagram had about $2 trillion it couldnt account for. The Defense Department acknowledged that it failed its first-ever audit in 2018 and then again last year, when it reviewed$2.7 trillionin assets and$2.6 trillionin liabilities. Atrazine, one of the worlds most , Borjesson succinctly explains the journalists predicament: The buzzsaw is what can rip through you when you try to investigate or expose anything this countrys large institutions be they corporate or government want kept under wraps. Pentagon loses 50 cents of every dollar allocated by congress. But it may happen behind closed doors, with the news media and public barred at least in part. The rise in the deficit since 2017 has so far been accompanied by solid if unspectacular economic growth and near-record-low unemployment rates. Cold War is good for business: US contractors rejoice at the new Red Scare. Bidens plan would have little impact on GDP, Penn Wharton finds. The latest estimate is up from $30.7 trillion in 2018 and $29 trillion in 2017, the first year adjustments were tracked in a concerted way, according to Pentagon figures and a lawmaker whos pursued the accounting morass. Change), You are commenting using your Twitter account. Trillions explained away by a little benign neglect of simple documentation? according to a recent Government Accountability Office report. My battle with the Club was one where they wanted just the perfect trades from inside trading and bribing officials. Web584 votes, 77 comments. SGT Report is the corporate propaganda antidote. Bob told me he wanted to leave the firm and join my team because we were the only clean house in the market. The Pentagon fail to provide physical evidence of alleged large computer system orders and other use of funds like. Like what you're reading? 2009-2023 The Fiscal Times. We have made significant progress in reducing the number and dollar value of unsupported adjustments by over 30% and 70%, respectively, he said. Mark Easton, the Defense Departments deputy chief financial officer, wrote the GAO that in response to its audit the department is actively developing strategies to reduce accounting adjustments. Because we don't. According to Bloombergs Anthony Carpaccio, the Department of Defense made $35 trillion in accounting adjustments in 2019, easily surpassing the $30.7 trillion in such adjustments recorded in 2018. Founder of Architects for 911 Truth. However, $35 trillion is close to 50-times the size of the Pentagons 2019 budget, so that means every dollar the Defense Department received from Congress was moved up to 50 times before it was actually spent, Clark said. While auditors found no evidence of fraud in the review of finances that Congress required, they flagged a laundry list of problems, including accounting adjustments. Jeff Schogol is the senior Pentagon reporter for Task & Purpose. The GAO estimated based on a sample that at least 96% of 181,947 automatic adjustments made in the fourth quarter of fiscal 2018 didnt have adequate supporting documentation., In laymans terms, this means that the DoD made adjustments to accounting records without having documentation to support the need or amount for the adjustment, said Dwrena Allen, spokeswoman for the Pentagons inspector general. So what are these accounting adjustments? Speaking to Lawrence Sinclair of Sinclair News, Breitbart stated, Wait til they see what , Between March 1-17of2010,IRS agents identified the first 10 Tea Party case applications though not all had tea party in their name, according to a draft of The Treasury Inspector General for Tax Administration (TIGTA) appendix. It also means that the Defense Department really sucks at accounting, according to a recent Government Accountability Office report. Fadil was also looking to be a witness in a related investigation (dubbed Ruby ter) that is still ongoing. Tesla presented the fundamentals of radio in 1893 during his public presentation, On Light and Other High Frequency Phenomena. Afterward, the principle of , The United States in Congress Assembled (USCA), the third united American republic, was formed by 13 States with the Articles of Confederations enactment on March 1st, 1781, and expired on March 3rd, 1789, with the implementation of the current U.S. Constitution on March 4th, 1789. 22% unknown outcomes! We project that these two effects are largely offsetting over time.. Christian, Patriot, Entrepreneur. The combined errors, shorthand, and sloppy record-keeping by DoD accountants do add up to a number nearly 1.5 times the size of the U.S. economy, said Speier, a California Democrat. Learn how your comment data is processed. ', By The Pentagon alone gets half the pie, a record $858 billion. 'It would be like moving money from checking, to savings, to your 401K, to your credit card, and then back. According to the DoD, theresnothing to see here. Yet, theres a detail in this article that caught my eye, and that fuels todays high octane speculation. In my original model of this hidden system, articulated in various books and at the first Secret Space Program conference in San Mateo, California in 2014, rehypothecation formed one of the techniques by which I speculated vast amounts of fraudulent liquidity could be created and kept from the public by a kind of double-bookkeeping. The governments claim was itcollapsed from fire. CTRL + SPACE for auto-complete. Ken Hammond, U.S. Air Force via Wikimedia Commons. Most of the tax increases under the Biden plan would fall on the top 0.1% of income earners, raising their annual taxes by more than $1 million each and lowering their after-tax income by 14%. Thats what should have been the biggest news of 2021. As an example of how the dollar figures multiply, Sherwood said recognizing $800 million due a contractor in previously unrecorded payments requires multiple accounting adjustments that net to $0 but could total over $5 billion in movement between accounts. Another issue is whether the Defense Department is spending its money the way Congress envisioned it would, he said. So We Talked to an Economist. MAKE CHECKS OUT TO: You feel , Considered to be the worlds foremost expert on the neurotoxicity of fluoride compounds, Phyllis Mullenix, Ph.D., formerly of Harvard University, to her surprise found that fluoride crossed the blood brain barrier, accumulated in the brain, and impacted the behavior of rats in a manner consistent with a neurotoxic agent. There isnt 35 trillion missing. LIVE INTERVIEW WITH DEREK JOHNSON. In addition, the gap between the campaigns estimates and Penn Whartons nonpartisan analysis demonstrates the challenges candidates face in generating new tax revenue to fund ambitious proposals, writes Bloomberg News reporter Laura Davison: Whats driving the trillion-dollar annual deficits the U.S. is expected to record for years to come, tax cuts or federal spending? This was an office building, not a chemical facility. Well, I suspect todays article, shared by G.P., may have something to do with yesterdays story. Forbes: The U.S. Air Force Just Admitted The F-35 Stealth Fighter Has Failed Salon: Even by Pentagon terms, this was a dud: The disastrous saga of the F-35 Esquire: This Country Is Spending $1.7 Trillion on Planes That Dont Work For that money, we could have cancelled American student loan debt. That includes the evidence against all the bank manipulations that the Department of Justice, SEC & CFTC do their best to hide andNEVERcharge any bankers personally. She was writing a book called I Saw the Devil. The Most RevolutionaryAct, President Trump Reveals His New Plan to End Crime in America CleverJourneys, The Joey Show Update The MarshallReport. And please tell your friends they can sign up here for their own copy of this newsletter. You can send support to: Kyle Hunt, PO Box 1052, Sorrento FL 32776. Their priority is making the situation look manageable, not solving the underlying problem.. However, $35 trillion is close to 50-times the size of the Pentagons 2019 budget, so that means every dollar the Defense Department received from Congress was moved up to 50 times before it was actually spent, Clark said. The banks pay huge fines at shareholder expense to protect the bankers personally and nobody ever goes to jail. So, like in your household budget: It would be like moving money from checking, to savings, to your 401K, to your credit card, and then back.. Published Jan 23, 2020 9:59 PM EST. The origin of this latest move against the free flow of information seems to have stemmed from a letter sent by Adam Schiff (D-CA) to the heads of Facebook and Google wherein he lamented the increased viewership of the vaccine debate: There is strong evidence to suggest that at least part , (Jon Rappoport)Here I am printing the abstract of a new study:Aluminium in brain tissue in autism.The publication isJournal of Trace Elements in Medicine and Biology. Change). Jeff Schogol Thanks for being a reader of this site. Strange people call you at strange hours to give you strange information. Oddly enough, the section of the pentagon that was hit was where the financial analysts who came up with the discrepancy were located. They needed the guaranteed trade. Within that$30 trillionis a lot of double, triple, and quadruple counting of the same money as it got moved between accounts, Todd Harrison, a Pentagon budget expert with the Center for Strategic and International Studies, told Bloomberg in a recent report. 50 cents of every dollar allocated by congress increases investment, leading to capital. Other High Frequency Phenomena of the Pentagon fail to provide physical evidence of alleged large computer system orders other... Team because we were the only clean house in the deficit since 2017 has so far been by. Restitution and pay back the missing funds, leading to greater capital accumulation and, therefore, increasing GDP a. And join my team because we were the only clean house in the end, had... And it may contain another hint of that hidden system of finance and its practices as well Government Accountability report... Because we were the only clean house in the deficit since 2017 has so far been accompanied by solid unspectacular. 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