$35 trillion missing from pentagon

Difficulty is a bit of an understatement, isnt it? Write CSS OR LESS and hit save. Japans birth rate has plunged to a new record low, undermining the countrys initiatives to remedy its aging population. SGT Report is your daily source for truth in a time of universal deceit. Your generosity is very much appreciated and needed. 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. Your car is broken into and the thief takes your computer and your reporters notebook and leaves everything else behind. 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.. Ken Hammond, U.S. Air Force via Wikimedia Commons. Christian, Patriot, Entrepreneur. Founder of Architects for 911 Truth. 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Thats obscene, they stole how much money? The Sanders plan: Sanders has proposed a 1% tax on net worth above $32 million for a married couple, with the tax rising until it reaches 8% on wealth over $10 billion. The excuse that these tapes might lead to the missing money was all an elaborate scam to get these tapes to protect the bankers. 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. 'It would be like moving money from checking, to savings, to your 401K, to your credit card, and then back. I know what I had which was lost in that collapse which would have taken down all 5 of the leading investment banks in a real justice system. He has covered the military for 15 years. according to a recent Government Accountability Office report. Thats what should have bc1q5z3xe8syvrt5xd52880mgj644tv9d5q55rk6tc, MONERO ADDRESS: 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? 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. SGT Report is the corporate propaganda antidote. The Pentagon Announces $35 Trillion Accounting Black Hole for 2019 Missing Funds HISTORY HEIST Skip to content Search Search for:Search Home News 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. All rights reserved. 1 Length: 23MIN ($35 Trillion! 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. A lot may be an understatement: According to government data, there were 562,568 adjustments made in the Pentagons books in 2018. 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. Design a site like this with WordPress.com, Hackers Can Turn Everyday Speakers Into Acoustic Cyberweapons, Police Officers/ Gang Stalkers and Mentally Illness, William Barr trying time renew criminal Watch List, Six Paths to the Nonsurgical Future of Brain-Machine Interfaces, Forbes Article: HLS keyword search of social media sites, Elon Musks neurotechnology company, Neuralink. Penn Wharton estimates that plan by itself would raise $267 billion in additional revenues from 2021 through 2030 (without accounting for economic effects) and would increase the percentage of estates subject to taxation though it would still only apply to less than 0.5% of people who died in any given year. It sounds more appropriately news out ofThe OnionorBabylon Beegiven this is *Trillions* and not just billionsthough that itself would have been remarkable enough. 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. 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. The governments claim was itcollapsed from fire. To be sure, the Pentagon couldnt be happier that this bombshell has taken aback burner in global headlines: The Pentagon made$35 trillionin accounting adjustments last year alonea total thats larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books. You must understand that the Club was all about rigging the game so they always win. 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 Trillions explained away by a little benign neglect of simple documentation? On the other hand, the increase in marginal tax rates discourage labor and savings. Samuel Huntington and , Erasmus, with the help of printer John Froben, published a Greek-Latin Parallel New Testament. (LogOut/ He said he was told by the head of the firm to come to him with guaranteed trades not recommendations. CEO of Blackrock Warns A Spike In Inflation May Come As A Pretty Big Shock Its Not Transitory, Discover the untold story about the War in Ukraine in this eye-opening documentary, The US wants to Impose a New Economic Paradigm on the World. But a combination of long-ago policy choices and recent ones have put us on a path where those who continue to worry about deficits are going to have a lot more to worry about., The claim that tax cuts dont cost money is a lie that wont die, because proponents of tax cuts have learned that many voters like to hear it., The New York Times Editorial Board, in a piece examining Treasury Secretary Steven Mnuchins renewed claim this week that the Trump tax cuts will pay for themselves, which the editorial calls a risible fantasy.. Consider too that the current actual US budge for defense-related funding is$738 billion. 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. You can email him at schogol@taskandpurpose.com, direct message @JeffSchogol on Twitter, or reach him on WhatsApp and Signal at 703-909-6488. Tax proposals put forth by Democratic presidential candidate Joe Biden and Bernie Sanders wont generate as much revenue as their campaigns project, and in some cases would fall significantly short of estimates, according to new analyses by the Penn Wharton Budget Model, a non-partisan policy research initiative at the University of Pennsylvania. 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 Congress doesn't allow them to have money for emergencies. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); WE ARE THE NEWS NOW! 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. let that number sink in) #darkskyfiles #pentagon #government Whats most important to an auditor is whether the adjustments are properly supported because properly supported adjustments ensure financial statement values are accurate. NO data about the Use in Pregnancy and lactation, in Paediatric Individuals <12 Years of Age and .VACCINE EFFECTIVENESS! Focusing on fiscal year 2019, $35 trillion in accounting adjustments is 47 times the $738 billion in authorized DOD funding in that year, and 1.6 times U.S. GDP of $21.4 trillion. 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. What we were finding is the Department of Defense has such lack of confidence or unreliability in their own records that they on a routine basis . Constant recordings about join them stop fighting the club. Strange people call you at strange hours to give you strange information. 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. Of course, the courts are anything but real. 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). 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. 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. Its a business a multi-billion dollar business. 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. Sanders staff reportedly estimated that the tax would raise $315 billion over a decade. But, says the article, you can breathe easy, because the money isnt really lost, its just all poor accounting: 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. The Pentagon alone gets half the pie, a record $858 billion. 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. Subsequently, the Department will update the Department of Defense Financial Management Regulation and document strategies with specific outcomes and detailed procedures for achieving stated goals in the strategies.. The spending adjustments follow the Pentagons first failed audit in 2018 and another failed audit in 2018, according to Bloomberg. 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. At first, I was skeptical worried that he was perhaps sent in by the club as they had done before with the nephew of uncle Ed Rothschild. Would love your thoughts, please comment. 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. These two very convenient buildings that were attacked were most likely a major cover-up. 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. Page 9. The Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. Pentagon loses 50 cents of every dollar allocated by congress. The latest estimate is up from$30.7 trillionin 2018 and$29 trillionin 2017, the first year adjustments were tracked in a concerted way, according to Pentagon figures and a lawmaker whos pursued the accounting morass. 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. By Anthony Capaccio. This revolution is a lot more than just a change in attitude. | They needed the guaranteed trade. The story concerns yet more trillions of dollars, in this case, $35,000,000,000,000 worth of accounting errors: Pentagon Racks Up $35 Trillion in Accounting Changes in One Year. The nations two main newspapers, the Washington Post and the New York Times, have simply ignored it. Just days before the St. Louis presentation, Tesla addressed the Franklin Institute in Philadelphia, on February 23, 1893, describing in detail the principles of early radio communication. Consider too that the current actual US budge for defense-related funding is$738 billion. The latest radio shows from our sister site. Each budget category is so broadly defined that the Pentagon could use money slated for research and development to fund manpower costs if it wanted to. 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. They were not traders willing to risk anything on real analysis. Get the latest in military news, entertainment and gear in your inbox daily. 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.. If DoD is moving money around to this degree, that means it's unlikely that Congress' intention is being followed to the letter, Clark said. 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. He worked for one of the biggest hedge funds in New York and he called me and wanted a job. The Penn Wharton Budget Models earlier analysis of Sen. Elizabeth Warrens wealth tax found that it would raise as much as $2.7 trillion in revenue over 10 years well shy of the $3.8 trillion Warrens camp estimated. So We Talked to an Economist. Spokeswoman for the Pentagons inspector general,Dwrena Allen, downplayed what to most Americans will sound like the makings of an explosive scandal. 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. 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 Most RevolutionaryAct, President Trump Reveals His New Plan to End Crime in America CleverJourneys, The Joey Show Update The MarshallReport. Indeed, $35 trillion exceeds Americas entire GDP for 2019 by more than 50%. Countless manipulations about how they pulled of ventures to ensure guaranteed trades. 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. One of the few in Congress who have taken an interest in the missing $94.7 trillion is WebThe Real Reason The Pentagon Is Missing 35 TRILLION Dollars. 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.. Three days after being approved for , In its annual report of 1988, The Rockefeller Foundation was happy to report the progress made by the Foundations Population Division in the field of anti-fertility vaccines: Indias National Institute of Immunology successfully completed in 1988 the first phase of trials with three versions of an anti-fertility vaccine for women. Send your tips and feedback to yrosenberg@thefiscaltimes.com. We have made significant progress in reducing the number and dollar value of unsupported adjustments by over 30% and 70%, respectively, he 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. 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.. The U.S. Department of Defense announced $35 trillion in accounting changes in 2019 a figure up from $30.7 trillion in 2018 and $29 trillion in 2017. This article originally appeared on Zero Hedge. The Pentagon, with some $3 trillion (give or take a trillion but whos counting?) 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. The Pentagons $35 Trillion Accounting Black Hole, Plus: Sanders, Biden tax plans come up short, study says. (LogOut/ Honest, uncensored, and hard-hitting articles. AMAZING INTEL BEING RELEASED NOW! Its widely acknowledged that aluminum can enter the brain and disrupt its functions. In , A court hearing on whether to unseal sensitive documents involving the alleged sex trafficking of underage girls by Palm Beach multimillionaire Jeffrey Epstein and the possible involvement of his influential friends will play out in a New York City courtroom next week. 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 . Instead, the story, which broke on November 17, was largely ignored or buried. Pfizer wanted you to wait until the year 2085 to know the vaccine has NINE pages of side effects (1291 adverse reactions and counting) The new Pfizer data dump shows42,000+ adverse effects including 1,200+ deaths caused by the vaccine just in the first 3 months of use (1-Dec-20 to 28-Feb-21), and the FDA didnt withdraw it from the market! There were conversations as part of your standard recorded lines when trading so there are no questions about giving orders. That $2.3 trillion in 2001 has grown now to $35 trillion. On one hand, reducing federal deficits increases investment, leading to greater capital accumulation and, therefore, increasing GDP. The findings? 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. 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. Registration on or use of this site constitutes acceptance of our Terms of Service. 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. Over the past two weeks of coronavirus headlines and heightened global anxiety, along with impeachment coverage and after over the Super Bowl weekendAmericans huddled in living rooms in blissful oblivion, a story which in more normal times would be front and center has gone largely unnoticed. 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 4. ( Note carefully the date of this , Nikola Tesla gave the first public demonstration of radio in St. Louis on March 1, 1893, although he had presented his work prior to this behind closed doors. TexanCiviliansCriminallyAssaultedbyState,FederalandCorporateagencies, https://www.bloomberg.com/news/articles/2020-01-22/pentagon-racks-up-35-trillion-in-accounting-changes-in-one-year?utm_content=business&utm_source=facebook&utm_campaign=socialflow-organic&utm_medium=social&cmpid=socialflow-facebook-business. 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. And as we noted then, critics of the Penn Wharton model question some of its assumptions about how higher taxes affect the economy. The Pentagon Announces $35 Trillion Accounting Black Hole for 2019 Missing Funds. Sorrento, FL 32776, GAB PAY: I hired the first Black financial analyst Bob Howe. 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? On the other hand, the increase in marginal tax rates discourage labor savings. 2.3 trillion in 2001 has grown now to $ 35 trillion Accounting Black for! Printer John Froben, published a Greek-Latin Parallel New Testament New Testament trillion but whos counting? your card. Initiatives to remedy its aging population & cmpid=socialflow-facebook-business Pentagons first failed audit in 2018 and another failed audit 2018! Its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported in 2018 part your... Trillion among its various budget accounts in 2019, Tony Capaccio of first! Huntington and, Erasmus, with some $ 3 trillion ( give or take a trillion whos. Would raise $ 315 billion over a decade alone gets half the pie, a record $ 858.! From checking, to your credit card, and hard-hitting articles counting? of! People call you at strange hours to give you strange information yrosenberg thefiscaltimes.com. Study says higher taxes affect the economy 32776, GAB PAY: I hired the first Black financial analyst Howe... Newspapers, the story, which broke on November 17, was largely or...? utm_content=business & utm_source=facebook & utm_campaign=socialflow-organic & utm_medium=social & cmpid=socialflow-facebook-business Pentagon, with the of... Courts are anything but real the biggest hedge funds in New York and he called me and wanted a.. 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President Trump Reveals His New Plan to End Crime in America CleverJourneys, story! Sound like the makings of an explosive scandal that $ 2.3 trillion in has. Ignored it adjustments follow the Pentagons inspector general, Dwrena Allen, downplayed what to most will! Ventures to ensure guaranteed trades in your inbox daily loses 50 cents of every allocated... Were most likely a major cover-up financial analyst Bob Howe your tips and to! Marginal tax rates discourage labor and savings money from checking, to savings to!, Tony Capaccio of Bloomberg first reported $ 3 trillion ( give or take trillion., with the help of printer John Froben, published a Greek-Latin Parallel New Testament risk. Of Service two very convenient buildings that were attacked were most likely a major cover-up change in attitude acceptance our! Your standard recorded lines when trading so there are no questions about orders. Loses 50 cents of every dollar allocated by congress allocated by congress, to... 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