Home Invites Blogs Careers Chat Events Forums Groups Members News Photos Polls Singles Videos
Home > Blogs > Post Content

Massive Fiscal Irresponsibility (684 hits)


From The Ramparts
Junious Ricardo Stanton
Massive Fiscal Irresponsibility

"While the Department of Defense can’t account for $6.5 trillion dollars of taxpayer funds, in 2014 there were 47 million people, including over 15 million children, living in poverty in the U.S. – 15% of the U.S. population, which is the largest total number in poverty since records began being kept 52 years ago."
Read more at http://thefreethoughtproject.com/audit-rev...

You probably won't see this on the front page of your local newspaper, or see/hear it repeated incessantly by the corporate mind control apparatus, but an Inspector General audit revealed the US Department of Defense cannot account for $6.5 trillion that's trillion with a "T" of US Army general fund transactions and data. According to the report released on July 26th the US Army cannot account for "$6.5 trillion in adjustments made to its year end 2015 financial statements." This is not a one time occurrence, the military has not been able to track, account for or comply with standardized accounting procedures in reporting their transactions for decades!
Remember on September 10, 2001 Secretary of Defense Donald Rumsfeld held a press conference to announce the Pentagon could not account for $2.3 trillion dollars. http://www.911myths.com/html/rumsfeld__9_1... Of course the very next day 9-11 the "new Pearl Harbor" catalyst the NeoCons needed to jump start their bogus war on terror occurred. Nine-eleven was the instigator of perpetual war, no bid contracts worth billions to administration crony insiders and campaign contributors, it spurred the creation of new government departments like Homeland Security, TSA and expanded the police spy state apparatus that grows larger every year.
Fiscal irresponsibility is the norm in this country. We forget this is our hard earned taxpayer dollars being spent on wars started based upon lies!! How many new bridges, roads, schools, sewage systems, humanitarian research and development projects could have been built, started and created with the trillions of dollars the US spends to kill innocent civilians? $8.5 trillion dollars from 1996 to 2014 has not been accounted for! http://www.biggovernment.news/2016-08-08-6...
If you handled your personal finances or your business and tax returns like the Department of Defense handles its accounting, you'd be wearing an orange jump suit now. Here are some examples of Pentagon mismanagement: "$300 Million a Year Unaccounted for in Afghanistan. In the latest example of lax oversight, a blistering new report from the Special Inspector General for Afghanistan Reconstruction (SIGAR) reveals the Pentagon isn’t keeping sufficient tabs on the $300 million in tax dollars each year that are supposed to help fund the payroll of the Afghan National Police (ANP). U.S. Weapons Worth $500 Million Vanish in Yemen. Pentagon officials cannot track the whereabouts of $500 million worth of military equipment the U.S. donated to Yemen since 2007 – raising alarms that the hardware may have ended up with al-Qaeda or Iranian-backed rebels.$1 Billion Paid for Loose Bolts and Damaged Aircraft. It’s bad enough that federal contractors hired to perform routine maintenance work on Customs and Border Patrol (CBP) airplanes dodged their work hours and shirked important safety requirements. It’s even worse that they overcharged the federal government hundreds of millions of dollars for their 'work' – and agency officials didn’t notice any of it." http://www.thefiscaltimes.com/2015/03/19/8...
Not one person has been held accountable, demoted or punished! "Consider that politicians of both major political parties are demanding accountability for every penny spent on welfare, including demanding that recipients of welfare prove that they are trying to find work. Ditto for people receiving unemployment compensation. Consider the amount of money and time spent on testing students in public schools in a vain effort to make teachers accountable for student 'performance.' And yet the military doesn’t have to account for any of its trillions of dollars of spending on manpower and weapons — even though Congress fully a generation ago passed a law requiring such accountability." http://www.counterpunch.org/2016/08/11/pen...
Wow, the military industrial complex is really powerful.


-30-
Posted By: Junious Stanton
Sunday, August 14th 2016 at 11:53AM
You can also click here to view all posts by this author...

Report obscenity | post comment
Share |
Please Login To Post Comments...
Email:
Password:

 
Don't forget what they paid for a toilet 30 years ago. God knows what one costs now.
Sunday, August 14th 2016 at 1:45PM
Steve Williams
Mr. Stanton,

What advice would you give our government concerning fiscal responsibilities? Name at least two for me.
Monday, August 15th 2016 at 12:35AM
Harry Watley
Please Login To Post Comments...
Email:
Password:

 
More From This Author
2025 Predictions
Think Peace and Live Peacfully
What Are You Thankful For, Count Your Blessings
Where's The Outrage?
Election Postmortem
Now What?
Strange Bedfellows
At The Crossroad
Forward This Blog Entry!
Blogs Home

(Advertise Here)
Who's Online
>> more | invite 
Black America Resources
100 Black Men of America
www.100blackmen.org

Black America's Political Action Committee (BAMPAC)
www.bampac.org

Black America Study
www.blackamericastudy.com

Black America Web
www.blackamericaweb.com

CNN Black In America Special
www.cnn.com/blackinamerica

NUL State of Black America Report
www.nul.org

Most Popular Bloggers
agnes levine has logged 25266 blog subscribers!
reginald culpepper has logged 11999 blog subscribers!
miisrael bride has logged 8172 blog subscribers!
tanisha grant has logged 5318 blog subscribers!
rickey johnson has logged 4523 blog subscribers!
>> more | add 
Latest Jobs
Graphic Design Senior Manager with Meals on Wheels America in Arlington, VA.
Operations Administrative Assistant - 30 hours a week with Meals on Wheels America in Arlington, VA.
Strategy Implementation & Integration Senior Director with Meals on Wheels America in Arlington, VA.
Social Media & Lifecycle Marketing Specialist with Frank in Remote, US.
Advanced Professional Counselor - Apply by 2/2/2026 with State of Connecticut, Executive Branch in Norwich, CT.
>> more | add