It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: jadedANDcynical
Just curious, how much money is there that theydo know where it went?
Add that to the missing funds and I'm curious as to how much in total they've spent.
originally posted by: Aazadan Basically, the Pentagon has been budgeted $6.5 trillion, that they know they spent, but they have no idea where they spent it.
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.”
The data flooded in just two days before deadline. As the clock ticked down, Woodford says, staff were able to resolve a lot of the false entries through hurried calls and emails to Navy personnel, but many mystery numbers remained. For those, Woodford and her colleagues were told by superiors to take “unsubstantiated change actions” - in other words, enter false numbers, commonly called “plugs,” to make the Navy’s totals match the Treasury’s.
The Fiscal Times describes itself as an "independent digital news publication that reports on fiscal, budgetary, healthcare and international economics issues." Fairness and Accuracy in Reporting, however, reports that the Fiscal Times is really a propaganda outlet created and funded by Wall Street billionaire Peter G. Peterson, a former Nixon administration cabinet member who has long used his wealth to promote cuts in Social Security and other government entitlement programs. The Fiscal Times has been established as a limited liability company.
The Government Accountability Office, a Congressional watchdog, said the biggest program, the F-35 Joint Strike Fighter, accounted for $28 billion of that increase. Other systems also had significant cost overruns, the agency said, adding that the increases could force the Pentagon to cut the number of ships and planes it buys.
The auditors said many of the problems occurred because the Pentagon began building the systems before the designs were fully tested.
originally posted by: butcherguy
a reply to: eisegesis
I don't know why, but the thought of a 6.5 Trillion dollar robot army killing the crap out of pesky human peons entered my mind when I read the thread title.
Maybe it is a product of reading Georgia Guidestone threads?
And lookee here - an audit - in the pentagon from 2011:
but the more I look at it the more I am convinced that it is sheer greed.