Within that $30 trillion is a lot of double, triple, and quadruple counting of the same money as it got moved between accounts, said Todd Harrison, a Pentagon budget expert with the Center for Strategic and International Studies. Defense Department spokesman Christopher Sherwood referred questions about the Pentagon's accounting system to the GAO report, in which the Pentagon's deputy chief financial officer vowed to fix the issues raised. Honest, uncensored, and hard-hitting articles. That all said, I had decades of phone recordings with conversations with all the main banks in NYC. 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 The banks pay huge fines at shareholder expense to protect the bankers personally and nobody ever goes to jail. 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. My battle with the Club was one where they wanted just the perfect trades from inside trading and bribing officials. Page 9. 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. But tragedy struck on the windy evening of March 1, , The study and description of this part of the collection was assigned by Professor [Henry Fairfield] Osborn to the writers, and its results appear in the following pages The anterior molars and premolars of this genus of peccaries show a startling resemblance to the teeth of Anthropoidea, and might well be mistaken for them by anyone not familiar with the dentition of Miocene peccaries. W. D. Matthew and Harold Cook, Bulletin of the American Museum of Natural History, 1909 p.361, 390. 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. 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! Sponsored by the government of India and supported by the Foundation, the trials established that with each of the tested vaccines, at least one year of protection against pregnancy could be expected, based on the levels of antibodies , In March 1982, the small town of Kennesaw responding to a handgun ban in Morton Grove, Ill. unanimously passed an ordinance requiring each head of household to own and maintain a gun. That number includes non-accounting-standards-compliant entries for depreciation on assets, pension funds, liabilities, fixed assets, etc. The findings? 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.. 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. 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. The judge, Richard Owen (Prosecutor was Richard D. Owens), ordered all the tapes to be turned over to the government on their theory it might lead to where I had stashed the missing $1 billion which was stolen by the banks. Biden may face some challenges, too. All of it. Extreme Tech: The US Air Force Quietly Strange people call you at strange hours to give you strange information. I objected and told the court that these tapes had nothing to do with the case. Providing exclusive original content and interviews with some of the best known voices in the world of economics and precious metals. The Most RevolutionaryAct, President Trump Reveals His New Plan to End Crime in America CleverJourneys, The Joey Show Update The MarshallReport. WebThe pentagon budget is nowhere near 2.3T. 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 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. There was no source of fuel and the photos of the collapse fail to show a raging fire. Thats obscene, they stole how much money? Constant recordings about join them stop fighting the club. Adjustments underscore weakness in Defense Department systems. 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. 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. If you vote or know anyone that does remind them please . Oddly enough, the section of the pentagon that was hit was where the financial analysts who came up with the discrepancy were located. 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. PO Box 1052 Published Jan 23, 2020 9:59 PM EST. 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 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. Most of the tax increases under the Biden plan would fall on the top 0.1% of income earners, raising their annual taxes by more than $1 million each and lowering their after-tax income by 14%. The combined errors, shorthand, and sloppy record-keeping by DoD accountants do add up to a number nearly 1.5 times the size of the U.S. economy, said Speier, a California Democrat. 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. LIVE INTERVIEW WITH DEREK JOHNSON. It sounds more appropriately news out ofThe OnionorBabylon Beegiven this is *Trillions* and not just billionsthough that itself would have been remarkable enough. Another issue is whether the Defense Department is spending its money the way Congress envisioned it would, he said. Founder of Architects for 911 Truth. 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. 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. The Pentagon fail to provide physical evidence of alleged large computer system orders and other use of funds like. 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 Write CSS OR LESS and hit save. I have stated that the coincidence withWTC7 collapsewas a wipeout of evidence as was the Pentagon which conveniently hit the room with all the evidence about the missing $2.3 trillion from the defense budget. 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 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. The latest radio shows from our sister site. This missing money was reported four times for WebThe 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 Would love your thoughts, please comment. It means there's a lot of money moving between accounts that may not be exactly where Congress wanted to put the money in the first place.. RIP, Jim Lehrer. The combined errors, shorthand, and sloppy record-keeping by DoD accountants do addup toa number nearly 1.5 times the size of the U.S. economy, said Speier, a California Democrat. The Biden proposal has two opposing effects on the macroeconomy, the new study explains. Change), You are commenting using your Twitter account. 2009-2023 The Fiscal Times. That does not mean that the Defense Department The 1516 Greek-Latin New Testament of . 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). No government employees in that WTC7 building were in there when it collapsed. And it means that you're probably spending a lot of time moving money around instead of actually getting the work done, Clark said. 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 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. There were conversations as part of your standard recorded lines when trading so there are no questions about giving orders. Instead, the story, which broke on November 17, was largely ignored or buried. This article originally appeared on Zero Hedge. That $2.3 trillion in 2001 has grown now to $35 trillion. They were evacuated. What it all means: The results arent necessarily surprising. You can email him at [email protected], direct message @JeffSchogol on Twitter, or reach him on WhatsApp and Signal at 703-909-6488. 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. The nations two main newspapers, the Washington Post and the New York Times, have simply ignored it. That is where they took our computer system and when I asked for my legal discovery, the SEC responded that everything was destroyed in 911. 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