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EPIC Waste & Corruption at the Pentagon: Doctored Ledgers Leave $8.5 Trillion Unaccounted For

Excerpt from Reuters:

Because of its persistent inability to tally its accounts, the Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of China's economic output last year.

The article begins:

(Reuters) - Linda Woodford spent the last 15 years of her career inserting phony numbers in the U.S. Department of Defense's accounts.

Every month until she retired in 2011, she says, the day came when the Navy would start dumping numbers on the Cleveland, Ohio, office of the Defense Finance and Accounting Service, the Pentagon's main accounting agency. Using the data they received, Woodford and her fellow DFAS accountants there set about preparing monthly reports to square the Navy's books with the U.S. Treasury's - a balancing-the-checkbook maneuver required of all the military services and other Pentagon agencies.

And every month, they encountered the same problem. Numbers were missing. Numbers were clearly wrong. Numbers came with no explanation of how the money had been spent or which congressional appropriation it came from. "A lot of times there were issues of numbers being inaccurate," Woodford says. "We didn't have the detail … for a lot of it."

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This is what happens when

u pay shady contractors enormous sums of money to basically do nothing.
here's a real example in iraq as an e-3 i made 1540/mo (with combat pay about 3$ an hr for my work) . the contractor that "helped" me do my communications job (and i say "helped" bc he didn't do or know how to do anything) got paid 375,000k a year tax free i clocked in at almost 19k. times that by multiple wars times 10 years times 10,000's of over paid assholes that's a huge chunk of money. oh to own a contracting company when your chummy with the TPTB.

meow

Stunning

Stunning

Jay Carney, Head US

Jay Carney, Head US Propagandist: C'mon, guys. For National Security concerns we shouldn't be discussing this.

9/10/2001: Rumsfeld says $2.3 TRILLION Missing from Pentagon


http://youtu.be/xU4GdHLUHwU

allegory - ˈalɪg(ə)ri/ - noun - 1. a story, poem, or picture which can be interpreted to reveal a hidden meaning, typically a moral or political one.

Great Minds...

I copied this link to a version i found, and then saw you posted one already.

Nice.


http://youtu.be/ou11mQyvvy8

Pentagon has missing TRILLIONS.
Billions lost as it was delivered on pallets to Iraq...

And yet the IRS will FUCK YOU UP if you're short some thousands...

How is that not CRIMINAL?

Its like Enron with an unlimited budget...

Wow, thanks for sharing. Very enlightening video. I wonder what kind of shady black ops activity this is getting funneled into.

We all share this eternally evolving present moment- The past and future only exist as inconsequential mental fabrications.

ecorob's picture

ALL of them!

More than enough to fund three governments, Moe, Larry, and Shady.

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.