Saturday, June 6, 2015

Report Reveals $8.5 Trillion Missing From Pentagon Budget

REPORT REVEALS $8.5 TRILLION MISSING FROM PENTAGON BUDGET

SO WHERE DID THOSE TRILLIONS GO?  IF THE PENTAGON ISN'T CAPABLE OF KEEPING TRACK OF NOR WILLING AND ABLE TO GIVE HONEST ACCOUNTING REPORTS OF FUNDS ENTRUSTED TO THEIR CARE, WHY WOULD THE NEWLY ESTABLISHED REPUBLIC PAY THE PENTAGON MONIES SO THEY CAN BE TRAITORS TO THE REPUBLIC AS WELL? OBVIOUSLY THE PENTAGON IS IN THE SAME TRAITOROUS LEAGUE AS THE CURRENT MAFIA IN WASHINGTON, DC AND IS 'FOR SALE' TO THE HIGHEST BIDDER BIG TIME!' VERY DISAPPOINTING.

Global Research, June 05, 2015


Yahoo Money’ The Daily Ticker  quoting a Reuters investigation that reveals that $8.5 trillion – that’s trillion with a “T” – in taxpayer money doled out by Congress to the Pentagon since 1996 that has never been accounted for.
You read that right. While Republican politicians  rush to slash food stamps for the 47 million Americans living in poverty – the highest amount in nearly two decades –  Republican U.S. Secretary of Defense Chuck Hagel has the audacity to complain that $20 billion dollars in automatic sequester cuts to the massive and secretive $565.8 billion Defense Department budget are “ too steep, too deep, and too abrupt,” all while the Pentagon and the Defense Department are overseeing massive fraud, waste, and abuse.
For anyone wondering, Reuters reports that the D.O.D.’s 2012 budget totaled $565.8 billion, more than the annual defense budgets of the 10 next largest military spenders combined, including Russia and China. (WHAT'S WRONG WITH THAT PICTURE???)
In an interview, Linda Woodford, an employee at the Defense Finance and Accounting Service – the Pentagon’s main accounting agency – reveals to Reuters that she spent the last 15 years of her career simply “plugging in” false numbers every month to balance the books;
“A lot of times there were issues of numbers being inaccurate. We didn’t have the details … for a lot of it.”
In the REAL WORLD, that would be called MASSIVE FRAUD. (The mafia running the entire nation out of Wash DC [district of  criminals] gets away with fraud, so why not the Pentagon?)

Woodford’s involvement in the fraud doesn’t even begin to scratch the surface.

The report also reveals that “a single DFAS office in Columbus, Ohio, made at least $1.59 trillion – yes, trillion – in errors,  including $538 billion in plugs, in financial reports for the Air Force in 2009.”

Yahoo Finance lists some additional findings, including;
    • The DOD has amassed a backlog of more than $500 billion in unaudited contracts with outside vendors. How much of that money paid for actual goods and services delivered isn’t known.
    • Over the past 10 years the DOD has signed contracts for provisions of more than $3 trillion in goods and services. How much of that money is wasted in overpayments to contractors, or was never spent and never remitted to the Treasury is a mystery.
    • The Pentagon uses a standard operating procedure to enter false numbers, or “plugs,” to cover lost or missing information in their accounting in order to submit a balanced budget to the Treasury. In 2012, the Pentagon reported $9.22 billion in these reconciling amounts. That was up from $7.41 billion the year before.
http://www.globalresearch.ca/report-reveals-8-5-trillion-missing-from-pentagon-budget-2/5453618


And you TRUST the Pentagon to protect this nation and its peoples?  And to NOT fight against the people of America?  And that "Jade Helm 15" and all the military equipment and troops moving throughout our nation is nothing to be concerned about??

3 comments:

Anonymous said...

anyone who does not know where all these trillions have gone needs serious brain surgery, it has happened before and it will keep on happening until you all decide to do something about it, much of it has already gone into black secret technologies which you will never see, and also a good deal of it pays for their secret space navy of more than a hundred ships and all the people on them, area 51 is already showing hangers of 800 metres wide so you will get some idea of the size of these ships, and one thing is for sure and that is that they are not for your benefit, the secret government has been betraying it's people since 1912 and nothing has changed, it's business as usual. so wake up world before it is too dammed late.

Anonymous said...

If the Pentagon can loose $8.5 Trillion, how much are they getting each year? That's more that half our national debt.

Why is the Pentagon handling the money at all? They are military men and women that were trained to fight wars.

There should be outside accounting firms doing the money handling that is bonded and insured against loss with regular audits. If money comes up missing their bond or insurance carrier would put the money back and some one would go to jail.

There is no doubt in my mind that the money was stolen to be used as payoffs somewhere else in the government mafia system. Ken T.

Anonymous said...

This money was traded for derivatives on behalf of the Elite and nothing more, the same as every one of them have done the last thousand years. These few elites are NOT your government, time to wake up to who your actual government is before its too late.

http://www.teamlaw.net

You only get one shot, remember nothing about that place the Pentagon is legitimate either.