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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.
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 dollar amounts, too, don't necessarily represent actual money lost, but multiple accounting entries for money in and money out, often duplicated across several ledgers. That's how, for example, a single DFAS office in Columbus, Ohio, made at least $1.59 trillion - yes, trillion - in errors, including $538 billion in plugs, in financial reports for the Air Force in 2009, according to a December 2011 Pentagon inspector general report. Those amounts far exceeded the Air Force's total budget for that year.
Defense Secretary Chuck Hagel declined to comment for this article. In an August 2013 video message to the entire Defense Department, he said: "The Department of Defense is the only federal agency that has not produced audit-ready financial statements, which are required by law. That's unacceptable."
So what happens if the Defense Department straightens it all out and finds that it has a couple of trillion dollars surplus?
Uh oh. The last time we got news like this, the next morning two planes hit the WTC Towers, a 3rd plane hit the Pentagon and the 4th ditched in a PA farm field.
In fiscal 1999, a defense audit found that about $2.3 trillion of balances, transactions and adjustments were inadequately documented. These "unsupported" transactions do not mean the department ultimately cannot account for them, she advised, but that tracking down needed documents would take a long time.
Pentagon's finances in disarray By JOHN M. DONNELLY The Associated Press 03/03/00 5:44 PM Eastern WASHINGTON (AP) -- The military's money managers last year made almost $7 trillion in adjustments to their financial ledgers in an attempt to make them add up, the Pentagon's inspector general said in a report released Friday. The Pentagon could not show receipts for $2.3 trillion of those changes,
August 18, 2000 The DFAS centers processed approximately $7.6 trillion in department-level accounting entries to DoD Component financial data used to prepare departmental reports and DoD financial statements for FY 1999. Of the $7.6 trillion in department level accounting entries, $3.5 trillion were supported with proper research, reconciliation, and audit trails. However, department-level accounting entries of $2.3 trillion were made to force financial data to agree with various sources of financial data
January 7, 2001 The Defense Department's inspector general recently identified $6.9 trillion in accounting entries, but $2.3 trillion was not supported by adequate audit trails or sufficient evidence to determine its validity. Another $2 trillion worth of entries were not examined because of time constraints
Okay, for weeks I've been contemplating making a new thread about a subject related to this, but for some reason (probably fear of being strafed by debunkers) I hadn't yet.
What if, just what if, the Cold War was all a farce concocted by both the US and the USSR to hide the Black Project expenditures for the UFO secrecy costs and projects?
If you read Donald Keyhoe's books circa 1947-1953, the military on both sides had their hair on fire trying to figure out what the hell those things were, whether they were some high tech machines the other had invented against all their intelligence gathering and evidence to the contrary. There were reports that they were terrified of mistaking a UFO sighting for an incoming missile that could have started WWIII. What if both sides got together, verified beyond any doubt that neither side was responsible for either the visual or the radar sightings, nor for the estimated HUNDREDS of planes that were being downed in attempted intercepts over the first several years, and decided they needed a lot of money to do an investigation, and the only way to hide the expenditures was to pretend to hate each other's economic system?
It always seemed surpassingly strange to me that anyone in the military could think that amassing thousands of nuclear weapons aimed at the enemy would be a sane way to fight an economic philosophy, or that for some reason Russia would want to invade us, especially right after WWII when they were as bad off as any of Europe was. It's obvious that for quite a long time, the Red Commie threat was a useful boogieman; what if it was simply a three decade long false flag, almost instantaneously replaced by 'terrorists' once the Soviet Union fell, and all the money being spent all these years on bogies was really spent in Black Projects that the vast majority of the Defense Department wasn't even privy to? Add in that if you were really going to fight an alien invasion, your only hope would be nuclear missiles, and Reagan's space-based defense system...