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. The Defense Department acknowledged that it failed its first-ever audit in 2018 and then again last year, when it reviewed $2.7 trillion in assets and $2.6 trillion in liabilities. Founder of Architects for 911 Truth. On the other hand, the increase in marginal tax rates discourage labor and savings. Follow FREEDOM MINDS FOR THE AMERICAN REPUBLICS on WordPress.com. There were 546,433 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. Why it matters: More broadly, the number highlights the persistent lack of internal financial controls at the Pentagon, which makes it extremely difficult to account properly for spending in the largest government budget. The FBI calls you. 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. The motto seems to be we do not kill your own, only civilians. The Pentagon failed its audit amid a now $35 trillion scandal (yes, trillion) Lee Camp. And as we noted then, critics of the Penn Wharton model question some of its assumptions about how higher taxes affect the economy. 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. So what are these accounting adjustments? (LogOut/ 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. A lot may be an understatement: According to government data, there were 562,568 adjustments made in the Pentagons books in 2018. The Latin part was not the corrupt Vulgate, but his own fresh rendering of the text from the more accurate and reliable Greek, which he had managed to collate from a half-dozen partial old Greek New Testament manuscripts he had acquired. The Sanders campaign estimates that his wealth tax would raise $4.35 trillion over a decade, but Penn Wharton projects it would fall more than $1 trillion short of that mark, raising between $2.8 trillion and $3.3 trillion over 10 years. Carpaccio notes that the number 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. Its also larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books.. Of course, the courts are anything but real. This, as I suspected then, was confined to banking and to the presence in the system of hidden and undisclosed bullion acting as a secret reserve on the ledgers. IRS Determinations Unit had asked for a search of tea party or similar organizations applications. Through 2015, an investigation had learned that tea party and patriot organizations were flagged, donor lists requested, tax exemption denied, thousands of emails deleted and backups destroyed, that IRS Commissioner and officials frequently visited the white house during , Date: March 1, 2010 Source: University of California Berkeley Summary: The herbicide atrazine, one of the worlds most widely used pesticides, wreaks havoc with the sex lives of adult male frogs, emasculating three-quarters of them and turning one in 10 into females, according to a new study. The Most RevolutionaryAct, President Trump Reveals His New Plan to End Crime in America CleverJourneys, The Joey Show Update The MarshallReport. The Biden proposal has two opposing effects on the macroeconomy, the new study explains. Its widely acknowledged that aluminum can enter the brain and disrupt its functions. Originally posted on The Free: December 31, 2021 by Dave Lindorff The Pentagons $35 Trillion Accounting Black Hole The Pentagon failed its audit amid a now Countless manipulations about how they pulled of ventures to ensure guaranteed trades. How about the 9400 unknown outcomes! Todd Harrison of the Center for Strategic and International Studies says they represent a lot of double, triple, and quadruple counting of the same money as it got moved between accounts within the Pentagon. The republic was constitutionally governed under Articles of Confederation with state quorums on important matters requiring nine members with a two delegate minimum present in Congress per State. Instead, the story, which broke on November 17, was largelyignored. 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. Other news organizations stenographically quoted Pentagon officials as admitting that they failed again but saw progress, and as promising that they would achieve a clean audit by get this 2027. Earlier: The Pentagon Spent Nearly $1 Billion on Audit and Failed. The birth rate is the lowest since the ministry began record-keeping in 1899, falling to a record 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). The WTC was taken down with a Tesla device and Trumps uncle took the Tesla papers. She was writing a book called I Saw the Devil. 163K subscribers in the conspiracy_commons community. | document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); WE ARE THE NEWS NOW! This revolution is a lot more than just a change in attitude. Although it gets scant public attention compared with airstrikes, troop deployments, sexual assault statistics or major weapons programs, the reliability of the Pentagons financial statement is an indication of how effectively the military manages its resources considering that it receives over half of discretionary domestic spending, Carpaccio says. pretty much delete everything that had been recorded on their side and just re-record all the balances that Treasury has, Kociolek said. You can send support to: Kyle Hunt, PO Box 1052, Sorrento FL 32776. Enter your email address to subscribe to this blog and receive notifications of new posts by email. That's creating a lot of volume of accounting adjustments., It would be like if you thought you had $500 but you got your bank statement and it said you had $400, you'd go with the $400 without investigating it, she continued. bc1q5z3xe8syvrt5xd52880mgj644tv9d5q55rk6tc, MONERO ADDRESS: Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Since the reservewassecret, I reasoned that it could be rehypothecated over and over again, and generate the vast amounts of liquidity that a large secret research program would require. He confirmed that Goldman Sachs had thought they could take me down, but I usually won. WebIn this story, we'll be finding out how the Pentagon somehow lost 35 trillion dollars, do you really believe them? Its a business a multi-billion dollar business. Honest, uncensored, and hard-hitting articles. 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 governments claim was itcollapsed from fire. Web584 votes, 77 comments. WebIn this story, we'll be finding out how the Pentagon somehow lost 35 trillion dollars, do you really believe them? 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. Its the accounting system , it made $35 Trillion in corrections to a budget of less than 1 trillion. All constitutional changes required the unanimous approval of the 13 member States. That $2.3 trillion in 2001 has grown now to $35 trillion. Difficulty is a bit of an understatement, isnt it? They wanted guaranteed trades. Their priority is making the situation look manageable, not solving the underlying problem, she said. 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. The Penn Wharton analysis projects that his plan would raise $600 million to $900 million less that that, or between$2.3 trillion (after economic feedback effects are factored in) and $2.6 trillion (without those macroeconomic effects). With Clinton Brand Discredited, Its High Time to Reopen Investigation into Death of Vince Foster The Most RevolutionaryAct, Pentagon Fails Audit (yet Again!) Learn how your comment data is processed. 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 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 continuing difficulty in balancing its books. Bloombergs Justin Fox crunched the data and came to a simple conclusion: Its both. Sorrento, FL 32776, GAB PAY: Although it gets scant public attention compared with airstrikes, troop deployments, sexual assault statistics or major weapons programs, the reliability of the Pentagons financial statement is an indication of how effectively the military manages its resources considering that it receives over half of discretionary domestic spending, Carpaccio says. Bidens plan would have little impact on GDP, Penn Wharton finds. 2 min read While it shouldnt come as a surprise for an organization that has famously While it shouldnt come as a surprise for an organization that has famously failed to ever pass an audit, the Pentagon was nevertheless able to shock some observers this week with a new batch of financial numbers. Mark R. Warner and Tim Kaine (both D-VA) today voted for the passage of the $1.5 trillion government spending bill. Save my name, email, and site URL in my browser for next time I post a comment. According to the DoD, theresnothing to see here. 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.. Bloomberg attempted to get a handle on it further in explaining, The military services make adjustments, some automatic and some manual, on a monthly and quarterly basis, and those actions are consolidated by the Pentagons primary finance and accounting service and submitted to the Treasury.. Indeed, $35 trillion exceeds Americas entire GDP for 2019 by more than 50%. They were evacuated. 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 It seems that once again the Pentagram has mislaid a few trillions and has had to make accounting adjustments: The Pentagon made$35 trillionin accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books. The nations two main newspapers, the Washington Post and the New York Times, have simply ignored it. Get the latest in military news, entertainment and gear in your inbox daily. Here is one tape I had a copy of that was at my mothers house which survived. So what are these accounting adjustments? The Pentagon, with some $3 trillion (give or take a trillion but whos counting?) 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. What if the practice of rehypothecation is not confined to the world of banking, but has in fact become amodus operandiof government agencies themselves, in this case, of the Department of Defense? He also calls for higher estate taxes and the introduction of a financial transactions tax. All rights reserved. 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But are we really to believe that mere combined errors, shorthand, and sloppy record-keeping by DoD accountantsas another analyst was quoted as sayingcan explain a$35 Trillion accounting black hole? Like what you're reading? Would love your thoughts, please comment. SGT Report is the corporate propaganda antidote. On one hand, reducing federal deficits increases investment, leading to greater capital accumulation and, therefore, increasing GDP. CTRL + SPACE for auto-complete. A lot may be an understatement: According to government data, there were 562,568 adjustments made in the Pentagons books in 2018. The Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. The size and scope of unsupported adjustments is deeply concerning because it tells a story of poor internal controls and lack of financial data integrity., While the Defense Department couldnt adequately support all accounting adjustments, that does not mean they were inaccurate or erroneous, said Allen. But not so fast. 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 Naturally, the first and only question we should start with is:how is this even possible? (LogOut/ WebThe Real Reason The Pentagon Is Missing 35 TRILLION Dollars. 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. (Bloomberg) -- 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 continuing difficulty in balancing its books. 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. 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. Estate taxes and the introduction of a financial transactions tax in attitude increase in marginal rates... 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