Topic: Pentagon audit reveals $6.5 Trillion in fraudulent accounting (Read 1312 times)
On the army can not save. Ukraine saved and what it led to? Lost part of the territory. And the end is not .
September 29, 2016, 01:55:39 PM
To have a good army you need to spend a lot of money. In the modern dangerous world, security is expensive.
September 29, 2016, 09:40:39 AM
What do You want, security is expensive. Don't want to feed his army will feed someone else !
September 04, 2016, 09:22:59 AM
the us constitution and bill of rights have no equivalent in the world
That's the type of uninformed nationalist propaganda that will get me to stop reading at the first sentence
Every country has rights...
This is equivalent to saying that religion invented morality...
Every generation builds upon the strengths and weaknesses of the previous generation (hopefully)... the us constitution and bill of rights are not unique, nor are they a uniquely American idea... ever heard of the Magna Carta?
Um, history shows clearly that the "building" can be either in positive or negative directions. EG, look at Argentina. Venezuela, etc.
September 04, 2016, 08:26:46 AM
the us constitution and bill of rights have no equivalent in the world
That's the type of uninformed nationalist propaganda that will get me to stop reading at the first sentence
Every country has rights...
This is equivalent to saying that religion invented morality...
Every generation builds upon the strengths and weaknesses of the previous generation (hopefully)... the us constitution and bill of rights are not unique, nor are they a uniquely American idea... ever heard of the Magna Carta?
That's the type of uniformed post I like to read... So why do you think the American colonists rebelled against the king even with the Magna Carta? Interested in your logical answer.
Then there is always a difference between an idea and it's implementation
$$$$
September 04, 2016, 05:57:53 AM
the us constitution and bill of rights have no equivalent in the world
That's the type of uninformed nationalist propaganda that will get me to stop reading at the first sentence
Every country has rights...
This is equivalent to saying that religion invented morality...
Every generation builds upon the strengths and weaknesses of the previous generation (hopefully)... the us constitution and bill of rights are not unique, nor are they a uniquely American idea... ever heard of the Magna Carta?
That's the type of uniformed post I like to read... So why do you think the American colonists rebelled against the king even with the Magna Carta? Interested in your logical answer.
Then there is always a difference between an idea and it's implementation
September 04, 2016, 04:45:17 AM
the us constitution and bill of rights have no equivalent in the world
That's the type of uninformed nationalist propaganda that will get me to stop reading at the first sentence
Every country has rights...
This is equivalent to saying that religion invented morality...
Every generation builds upon the strengths and weaknesses of the previous generation (hopefully)... the us constitution and bill of rights are not unique, nor are they a uniquely American idea... ever heard of the Magna Carta?
September 04, 2016, 04:41:25 AM
Where did the plane hit the Pentagon ?
It struck the Pentagon in the wing which was "under construction"...
Thousands of people were not at their desks...
It was the only section of the Pentagon where overhead sprinklers had been installed (literally days before the plane hit)
The construction involved making the building safer against a terrorist attack...
There was also a "simulation" that day involving a hijacked plane being flown into a building...
Whole lotta "coincidences" if you ask me
September 04, 2016, 04:26:38 AM
Again ?
Where did the plane hit the Pentagon ?
on Sep 10th the day before Rumsfeld went on TV and said they "lost" over a Trillion dollars.
Where was the accounting ? take a guess where the plane hit.
And lets talk about black budgets and 3 letter agency budgets too.
Then we'll see some big numbers !
Where did the plane hit the Pentagon ?
on Sep 10th the day before Rumsfeld went on TV and said they "lost" over a Trillion dollars.
Where was the accounting ? take a guess where the plane hit.
And lets talk about black budgets and 3 letter agency budgets too.
Then we'll see some big numbers !
September 04, 2016, 02:11:04 AM
Btw. It is not only the military that has a huge black budget you should look at the intelligence agencies.
Information and black ops can be highly profitable...
IIRC, nearly every government agency from the FBI, CIA, military, and even banks have been tied to drug trafficking and laundering the money
RhhhhaAAAAA they can just print!!!! What you don't get is that their is a symbiotic relationship between the financial world and the us army. Defense (the best one being offensive preemptive 0 loss total warfare) is the only task clearly expressed in the us constitution. The only line between the free world, where you can express what ever delirium you have vs the censored world. This is the highest commitment to the United States of America. To ensure it s Liberty against all known and unknown ennemies where ever they are. To be certain that what ever they do nothing will be left of them. The enemy of America foreign and domestic will surrender totally and unconditionally or die, from the first to the last of them.all of this need financing! And as you may know freedom of speech is at the core of financial market... There can't be a sustainable market anywhere without the USA. You should buy this because... You should sell this because... What the fuck i don't care if a cccp official tell you to buy that shit...
What makes you think America is better than any other country?
Were you brainwashed by the indoctrination of "America is the greatest country in the world" education in public school?
Have you been to any other country?
I have been to Canada, Mexico, Italy, Germany, Switzerland, France, Luxembourg, etc... they are all pretty much the same... every country enjoys the same freedoms, and is oppressed by their wealthy... same shit, every country
the us constitution and bill of rights have no equivalent in the world. But don't get me wrong actually I have a lot of problems with America, none are constitutional.
In your list of country, in which could a gay couple grow pot (plants of the creation) in their backyard while guarding them with ar-15?
My main problem with America is the Main Street food supply system... For me it's toxic garbage. Then on the energy side... I find nuclear suicidal and not a fan of fracking... But contrary to nuke tech, in a million year it will be impossible to determine that an area was heavly fracked... While nuke tech... Even if all life vanish from earth visitors could determine that there was a nuclear species there... Once.
One of my fundamental question is: fortress America or imperialism with its 1000 support forward operation centers.
September 03, 2016, 08:06:05 PM
Money makes the world go round.
September 03, 2016, 06:45:34 PM
Btw. It is not only the military that has a huge black budget you should look at the intelligence agencies.
Information and black ops can be highly profitable...
IIRC, nearly every government agency from the FBI, CIA, military, and even banks have been tied to drug trafficking and laundering the money
RhhhhaAAAAA they can just print!!!! What you don't get is that their is a symbiotic relationship between the financial world and the us army. Defense (the best one being offensive preemptive 0 loss total warfare) is the only task clearly expressed in the us constitution. The only line between the free world, where you can express what ever delirium you have vs the censored world. This is the highest commitment to the United States of America. To ensure it s Liberty against all known and unknown ennemies where ever they are. To be certain that what ever they do nothing will be left of them. The enemy of America foreign and domestic will surrender totally and unconditionally or die, from the first to the last of them.all of this need financing! And as you may know freedom of speech is at the core of financial market... There can't be a sustainable market anywhere without the USA. You should buy this because... You should sell this because... What the fuck i don't care if a cccp official tell you to buy that shit...
What makes you think America is better than any other country?
Were you brainwashed by the indoctrination of "America is the greatest country in the world" education in public school?
Have you been to any other country?
I have been to Canada, Mexico, Italy, Germany, Switzerland, France, Luxembourg, etc... they are all pretty much the same... every country enjoys the same freedoms, and is oppressed by their wealthy... same shit, every country
Just saying...
September 03, 2016, 11:59:25 AM
Btw. It is not only the military that has a huge black budget you should look at the intelligence agencies.
Information and black ops can be highly profitable...
IIRC, nearly every government agency from the FBI, CIA, military, and even banks have been tied to drug trafficking and laundering the money
RhhhhaAAAAA they can just print!!!! What you don't get is that their is a symbiotic relationship between the financial world and the us army. Defense (the best one being offensive preemptive 0 loss total warfare) is the only task clearly expressed in the us constitution. The only line between the free world, where you can express what ever delirium you have vs the censored world. This is the highest commitment to the United States of America. To ensure it s Liberty against all known and unknown ennemies where ever they are. To be certain that what ever they do nothing will be left of them. The enemy of America foreign and domestic will surrender totally and unconditionally or die, from the first to the last of them.all of this need financing! And as you may know freedom of speech is at the core of financial market... There can't be a sustainable market anywhere without the USA. You should buy this because... You should sell this because... What the fuck i don't care if a cccp official tell you to buy that shit...
What makes you think America is better than any other country?
Were you brainwashed by the indoctrination of "America is the greatest country in the world" education in public school?
Have you been to any other country?
I have been to Canada, Mexico, Italy, Germany, Switzerland, France, Luxembourg, etc... they are all pretty much the same... every country enjoys the same freedoms, and is oppressed by their wealthy... same shit, every country
September 03, 2016, 07:50:36 AM
some say they built a spaceship with the unaccounted funds 
September 03, 2016, 01:43:11 AM
Btw. It is not only the military that has a huge black budget you should look at the intelligence agencies.
Information and black ops can be highly profitable...
IIRC, nearly every government agency from the FBI, CIA, military, and even banks have been tied to drug trafficking and laundering the money
RhhhhaAAAAA they can just print!!!! What you don't get is that their is a symbiotic relationship between the financial world and the us army. Defense (the best one being offensive preemptive 0 loss total warfare) is the only task clearly expressed in the us constitution. The only line between the free world, where you can express what ever delirium you have vs the censored world. This is the highest commitment to the United States of America. To ensure it s Liberty against all known and unknown ennemies where ever they are. To be certain that what ever they do nothing will be left of them. The enemy of America foreign and domestic will surrender totally and unconditionally or die, from the first to the last of them.all of this need financing! And as you may know freedom of speech is at the core of financial market... There can't be a sustainable market anywhere without the USA. You should buy this because... You should sell this because... What the fuck i don't care if a cccp official tell you to buy that shit...
September 03, 2016, 01:06:15 AM
....
How do you spend $600Bil, and claim 10 times that in losses?
....
How do you spend $600Bil, and claim 10 times that in losses?
....
If you don't have a clue about generally accepted accounting principles, give up, dude.
You just look silly.
Way to dodge every question... pro troll
I know all about GAAP, what makes you think you are smarter than me?
What makes you think GAAP has anything to do with claiming losses of $6.5T?
You read some new lingo and think you are Dunning-Kruger?
Give it up you stupid fucking troll
September 02, 2016, 11:03:04 PM
There is absolutely no way the pentagon can be audited. It's just a big rumours and It will never happen.
September 02, 2016, 09:27:52 PM
....
How do you spend $600Bil, and claim 10 times that in losses?
....
How do you spend $600Bil, and claim 10 times that in losses?
....
If you don't have a clue about generally accepted accounting principles, give up, dude.
You just look silly.
September 02, 2016, 03:40:47 PM
Btw. It is not only the military that has a huge black budget you should look at the intelligence agencies.
Information and black ops can be highly profitable...
IIRC, nearly every government agency from the FBI, CIA, military, and even banks have been tied to drug trafficking and laundering the money
September 01, 2016, 12:20:50 PM
Explains why pentagon needs more money to counter Russian aggression.
If the Americans want to counter Russia militarily, then on average they need to spend around 100 times of what the Russians are spending on their defence budget. I will give you one simple example. Ever heard of the Lockheed Martin F-35 Lightning II? That single program is going to cost the Americans some $1.508 trillion (official figures, and I suspect that the real amount might be much higher). And at the same time, the Russians have developed the technologically superior Sukhoi PAK FA, at the cost of around $10 billion.
From the guy that said Russia will sink US ships (carrier, destroyer class) with ICBM's .
We definitely have to trust his knowledge.
Btw. It is not only the military that has a huge black budget you should look at the intelligence agencies.
September 01, 2016, 10:54:50 AM
I'd like to point out that the military budget for 2015 was $600 Billion...
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
Quote
“Army and Defense Finance and Accounting Service Indianapolis personnel did not adequately support $2.8 trillion in third quarter adjustments and $6.5 trillion in year-end adjustments made to Army General Fund data during FY 2015 financial statement compilation,” wrote Lorin T. Venable, the assistant inspector general for financial management and reporting. “We conducted this audit in accordance with generally accepted government auditing standards.”
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
Please don't eagerly head for idiocy.
Nothing you said is true. "Adjustments" are not "Spending."
Adjustments refer to capital assets that might should have their values adjusted, be zeroed out due to being obselete or worn out, etc. Stuff left by the US Army in Iraq would be an example.
What they are saying is "we might have left it in Iraq, but the proper paperwork for each individual piece was not filed." Etc, etc.
Don't be a tool...
If they left $6 Trillion worth of tanks and planes behind in Iraq... they will want new ones, right?
Either way, that's bullshit... they did not leave $6Trillion worth of equipment behind.......
Adjustments to book value of assets IS NOT "SPENDING."
You do not appear to understand accounting.
Ok smartass...
Pop quiz... how much did the Pentagon "SPEND" in 2015?
Do you have any clue or are you just bullshitting?
How do you spend $600Bil, and claim 10 times that in losses?
If they did this every year, what would their net worth be?
When has the gov ever spent $6.5Trillion on the military?
Do you know how much the gov spends on military activities?
Do you know how many black ops programs aren't even listed and accounted for?
Where do you think they get the money for these unlisted black ops programs? (hint, this is how)
Explains why pentagon needs more money to counter Russian aggression.
If the Americans want to counter Russia militarily, then on average they need to spend around 100 times of what the Russians are spending on their defence budget. I will give you one simple example. Ever heard of the Lockheed Martin F-35 Lightning II? That single program is going to cost the Americans some $1.508 trillion (official figures, and I suspect that the real amount might be much higher). And at the same time, the Russians have developed the technologically superior Sukhoi PAK FA, at the cost of around $10 billion.
This is simply not true. The F35 is a poorly conceived project, has poor performance and cost overruns. You can't extend that problem across the board.
I'd like to point out that the military budget for 2015 was $600 Billion...
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
Quote
“Army and Defense Finance and Accounting Service Indianapolis personnel did not adequately support $2.8 trillion in third quarter adjustments and $6.5 trillion in year-end adjustments made to Army General Fund data during FY 2015 financial statement compilation,” wrote Lorin T. Venable, the assistant inspector general for financial management and reporting. “We conducted this audit in accordance with generally accepted government auditing standards.”
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
Please don't eagerly head for idiocy.
Nothing you said is true. "Adjustments" are not "Spending."
Adjustments refer to capital assets that might should have their values adjusted, be zeroed out due to being obselete or worn out, etc. Stuff left by the US Army in Iraq would be an example.
What they are saying is "we might have left it in Iraq, but the proper paperwork for each individual piece was not filed." Etc, etc.
Don't be a tool...
If they left $6 Trillion worth of tanks and planes behind in Iraq... they will want new ones, right?
Either way, that's bullshit... they did not leave $6Trillion worth of equipment behind.......
Adjustments to book value of assets IS NOT "SPENDING."
You do not appear to understand accounting.
Explains why pentagon needs more money to counter Russian aggression.
If the Americans want to counter Russia militarily, then on average they need to spend around 100 times of what the Russians are spending on their defence budget. I will give you one simple example. Ever heard of the Lockheed Martin F-35 Lightning II? That single program is going to cost the Americans some $1.508 trillion (official figures, and I suspect that the real amount might be much higher). And at the same time, the Russians have developed the technologically superior Sukhoi PAK FA, at the cost of around $10 billion.
Personally everything that come out of this admin is to weaken America one way or the other... Show me the generals and co McMansions and we speak. Until then back under water...
Only 70 days until domestic chief is gone... OoorrraaYyyy
Only 70 days until domestic chief is gone... OoorrraaYyyy
I'd like to point out that the military budget for 2015 was $600 Billion...
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
Quote
“Army and Defense Finance and Accounting Service Indianapolis personnel did not adequately support $2.8 trillion in third quarter adjustments and $6.5 trillion in year-end adjustments made to Army General Fund data during FY 2015 financial statement compilation,” wrote Lorin T. Venable, the assistant inspector general for financial management and reporting. “We conducted this audit in accordance with generally accepted government auditing standards.”
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
Please don't eagerly head for idiocy.
Nothing you said is true. "Adjustments" are not "Spending."
Adjustments refer to capital assets that might should have their values adjusted, be zeroed out due to being obselete or worn out, etc. Stuff left by the US Army in Iraq would be an example.
What they are saying is "we might have left it in Iraq, but the proper paperwork for each individual piece was not filed." Etc, etc.
Don't be a tool...
If they left $6 Trillion worth of tanks and planes behind in Iraq... they will want new ones, right?
Either way, that's bullshit... they did not leave $6Trillion worth of equipment behind...
If you actually read the news articles you would see their accounting is often off by a decimal place... instead of putting 10, they put 100, etc... If intent can be shown, that's fraud
I was in the military, I know exactly how it works... people do that all the time... if you need 20 of something, you have to ask for 50 or 100... if you ask for 20, you will only get 5
Am I assuming too much that Adjustments allow for more spending?
It's like claiming a loss on your taxes...
If they claim $6.5Trillion in losses, how much more do they get to spend? The whole $6.5T?
I'd like to point out that the military budget for 2015 was $600 Billion...
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
Quote
“Army and Defense Finance and Accounting Service Indianapolis personnel did not adequately support $2.8 trillion in third quarter adjustments and $6.5 trillion in year-end adjustments made to Army General Fund data during FY 2015 financial statement compilation,” wrote Lorin T. Venable, the assistant inspector general for financial management and reporting. “We conducted this audit in accordance with generally accepted government auditing standards.”
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
Please don't eagerly head for idiocy.
Nothing you said is true. "Adjustments" are not "Spending."
Adjustments refer to capital assets that might should have their values adjusted, be zeroed out due to being obselete or worn out, etc. Stuff left by the US Army in Iraq would be an example.
What they are saying is "we might have left it in Iraq, but the proper paperwork for each individual piece was not filed." Etc, etc.
Explains why pentagon needs more money to counter Russian aggression.
how much truth in this story?
Feel free to google something like, "Pentagon Audit"
It has been reported by every news agency on the planet... I have no reason to believe it is not true
This is what happens when you give people control of Trillions of dollars and don't audit them for 100 years
The Federal Reserve is probably worse... they have never been audited either
how much truth in this story?
I'd like to point out that the military budget for 2015 was $600 Billion...
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
https://www.mintpressnews.com/audit-pentagon-cannot-account-6-5-trillion-dollars-taxpayer-money/219246/
Quote
“Army and Defense Finance and Accounting Service Indianapolis personnel did not adequately support $2.8 trillion in third quarter adjustments and $6.5 trillion in year-end adjustments made to Army General Fund data during FY 2015 financial statement compilation,” wrote Lorin T. Venable, the assistant inspector general for financial management and reporting. “We conducted this audit in accordance with generally accepted government auditing standards.”
The Army spent well over ten times their budget, and had no receipts for anything...
As far as I know, we aren't officially at war with anyone... are we? WTF is going on?
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