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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. 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 There was no source of fuel and the photos of the collapse fail to show a raging fire. Sign up for our, New stock-as-collateral mortgage for Amazon workers comes with key caveats, Salesforce earnings preview: Here's what to expect, UPDATE 1-Genentech sues Biogen for royalties on blockbuster MS drug, Decline in gasoline demand a 'noticeable' and 'permanent change,' says analyst, Bank of Mexico says inflation taking longer than expected to descend. The Rise of the Neocons ArmstrongEconomics, President Trump Speaks From West Palm Beach! Their priority is making the situation look manageable, not solving the underlying problem., The Pentagons $35 Trillion Accounting Black Hole, DoD photo by Master Sgt. Each month, the Pentagon has to see if their financial records match what the Treasury Department has recorded, she said. Embed Share. Here is one tape I had a copy of that was at my mothers house which survived. Strange people call you at strange hours to give you strange information. The Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. 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 Follow us on Twitter: @yuvalrosenberg, @mdrainey and @TheFiscalTimes. So when they move money from one program to another in order to pay for an unexpected expense it sets off a domino effect of budget corrections. And please tell your friends they can sign up here for their own copy of this newsletter. 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 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. Web584 votes, 77 comments. There isnt 35 trillion missing. That does not mean that the Defense Department spent, lost, or could not account for $35 trillion, said Bryan Clark, a senior fellow with the Center for Strategic and Budgetary Assessments think tank in Washington, D.C. It means money that DoD moved from one part of the budget to another, Clark explained to Task & Purpose. Pentagon loses 50 cents of every dollar allocated by congress. Your contributions make this all possible. There were conversations as part of your standard recorded lines when trading so there are no questions about giving orders. Its widely acknowledged that aluminum can enter the brain and disrupt its functions. Sign up for our free newsletter. 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! Economists, including the ones who would do official analyses of any tax legislation, assume that workers ultimately pay part of the corporate income tax in the form of lower wages, The Wall Street Journals Richard Rubin explains. Founder of Architects for 911 Truth. All constitutional changes required the unanimous approval of the 13 member States. Bloombergs Justin Fox crunched the data and came to a simple conclusion: Its both. (ZH) Over the past two weeks of coronavirus headlines and heightened global anxiety, along with impeachment coverage and after over the Super Bowl weekend Americans huddled in living rooms in blissful oblivion, a story which in more normal times would be front and center has gone largely unnoticed. However, $35 trillion is close to 50-times the size of the Pentagons 2019 budget, so that Clearly, the Change). 1 Length: 23MIN ($35 Trillion! Trumps Fed Nominees Will Mean Easier Money, Talented Immigrants Make the U.S. Richer, Not Poorer. 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. Registration on or use of this site constitutes acceptance of our Terms of Service. 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 Because we don't. Nobody does that.. 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. Whats most important to an auditor is whether the adjustments are properly supported because properly supported adjustments ensure financial statement values are accurate. He worked for one of the biggest hedge funds in New York and he called me and wanted a job. Like what you're reading? Consider too that the current actual US budge for defense-related funding is$738 billion. Its not a pile of cash, and its not all expenditures. Congress Has Welcome News for Americans Saving for Retirement, Trump's Selective Urgency at the Supreme Court. Your email address will not be published. It sounds more appropriately news out ofThe OnionorBabylon Beegiven this is *Trillions* and not just billionsthough that itself would have been remarkable enough. I ended up hiring Bob and he was on our team during the 90s until he died suddenly of a heart attack. 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. The latest estimate is up from $30.7 trillion in 2018 and $29 trillion in 2017, the first year adjustments were tracked in a concerted way, according to Pentagon figures and a lawmaker whos pursued the accounting morass. Since the reservewassecret, I reasoned that it could be rehypothecated over and over again, and generate the vast amounts of liquidity that a large secret research program would require. 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.. That does not mean that the Defense Department 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. let that number sink in) #darkskyfiles #pentagon #government 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. The Defense Department acknowledged that it failed its first-ever audit in 2018 and then again last year, when it reviewed$2.7 trillionin assets and$2.6 trillionin liabilities. 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.. This was an office building, not a chemical facility. WebIts $1.7 trillion. 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 How about the 9400 unknown outcomes! Why Not? The Pentagon, with some $3 trillion (give or take a trillion but whos counting?) The Biden plan: Biden calls for higher taxes on the wealthy and corporations, along with other reforms. It also means that the Defense Department really sucks at accounting, according to a recent Government Accountability Office report. MAKE CHECKS OUT TO: Of course, in the real world outside the halls of government and of largely unchecked power, a mere single trillion would be enough send people to jail. 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. Thats obscene, they stole how much money? Trump Administration Finalizing Medicaid Block Grant Plan Targeting Obamacare, White House Has Started Work on Second Round of Tax Cuts to Boost Growth, Mnuchin Says, Blues Health Insurers Fund U.S. 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.. The nations two main newspapers, the Washington Post and the New York Times, have simply ignored it. He confirmed that Goldman Sachs had thought they could take me down, but I usually won. Rep. Jackie Speier (D-CA), who asked the Government Accountability Office to look into the issue, said 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, and charged that the Pentagon employs accounting adjustments like a contractor paints over mold. Not to mention that the figure easily dwarfs the GDP of the entire combined nations of theEuropean continent. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); WE ARE THE NEWS NOW! But the other is to do it deliberately. 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. While it's not illegal for the Pentagon to move money so often among different budget accounts, it does show that defense leaders are doing a poor job planning how they will spend their funds for the year, he said. Your car is broken into and the thief takes your computer and your reporters notebook and leaves everything else behind. One of the reasons why I think 9/11 was as much a financial crime and coverup as an excuse for wars for Israel. Will Democrats Let Him? 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.. 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.. 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. Tony Capaccio of Bloomberg first reported. 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.. 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.. 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 . WebThe Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. (LogOut/ The Pentagon failed its audit amid a now $35 trillion scandal (yes, trillion) Lee Camp. 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). But not so fast. 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. Change). A lot may be an understatement: According to government data, there were 562,568 adjustments made in the Pentagons books in 2018. AMAZING INTEL BEING RELEASED NOW! 2009-2023 The Fiscal Times. Naturally, the first and only question we should start with is: how is this even possible? I also hired Barclay Lieb who did his due diligence on me before joining my firm. He said he was told by the head of the firm to come to him with guaranteed trades not recommendations. 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. By Anthony Capaccio. 46quFRHBJMA83q4GcE49DFCTMdyBj1L6s7MBL8kGhu9Cbz4YrCW4ik83vqtmqCVxHv22n4AEdMDx36di7YiENQAUGYaoYdo, ETHEREUM ADDRESS: 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. In other words, were already far afield of former Defense Secretary Donald Rumsfelds September 10, 2001 admission that the Pentagram had about $2 trillion it couldnt account for. And it means that you're probably spending a lot of time moving money around instead of actually getting the work done, Clark said. 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. On the other hand, the increase in marginal tax rates discourage labor and savings. 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. Providing exclusive original content and interviews with some of the best known voices in the world of economics and precious metals. The author of the ordinance, local attorney Fred Bentley Sr., attributes at least some of the decrease in crime to the bill , Kinseys two books Sexual Behavior in the Human Male, published in 1948, and Sexual Behavior in the Human Female, which followed in 1952 started what we now call the sexual revolution. 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. 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. Biden went after Russian President Vladimir Putin hard during his SOTU address, but withheld harsh words for , Imane Fadil, the ex-model who claimed to have witnessed demonic rituals at Silvio Berlusconis mansion died mysteriously on March 1st at age 34. You can send support to: Kyle Hunt, PO Box 1052, Sorrento FL 32776. SGT Report is your daily source for truth in a time of universal deceit. 163K subscribers in the conspiracy_commons community. Around three weeks ago on February 9 during the Blog Bash event in Washington DC, Breitbart made a prophetic comment that takes on a somewhat chilling nature given the fact that he died in the early hours of March 1st. 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. She was writing a book called I Saw the Devil. 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. 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. Thanks for being a reader of this site. The rise in the deficit since 2017 has so far been accompanied by solid if unspectacular economic growth and near-record-low unemployment rates. According to the DoD, theresnothing to see here. (LogOut/ That's creating a lot of volume of accounting adjustments., It would be like if you thought you had $500 but you got your bank statement and it said you had $400, you'd go with the $400 without investigating it, she continued. Imane Fadil was a Moroccan ex-model who became a celebrity after becoming a key witness in the 2013 Rubygate trials which accused the media mogul and ex-Prime Minister of Italy Silvio Berlusconi of child prostitution. The changes skew sex ratios in the frog population and could be a major cause of amphibian decline worldwide. You must understand that the Club was all about rigging the game so they always win. The report shows the Pentagon employs accounting adjustments like a contractor paints over mold. (LogOut/ 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. The watchdog agency will release a report on the subject Wednesday after reviewing more than 200,000 fourth-quarter 2018 adjustments totaling$15 trillion. The report shows the Pentagon employs accounting adjustments like a contractor paints over mold. 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. The Pentagon fail to provide physical evidence of alleged large computer system orders and other use of funds like. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. And for further perspective on the DoDs defense ofthe beggars belief figure: It means money that DoD moved from one part of the budget to another, Clark explained to Task & Purpose. This revolution is a lot more than just a change in attitude. More questions ahead: Still, Sanders and Elizabeth Warren have faced repeated questions about how they would pay for policy proposals such as Medicare for All and the new analyses may revive those questions, for Sanders in particular. They were not traders willing to risk anything on real analysis. 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.. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. 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. Match what the Treasury Department has recorded, she said a copy of that was at my mothers house survived. My firm mothers house which survived paints over mold of the Pentagons 2019 budget, so that Clearly the! Means that the figure easily dwarfs the GDP of the firm to come to him with guaranteed trades recommendations... Our team during the 90s until he died suddenly of a heart attack in. Cause of amphibian decline worldwide Trump 's Selective Urgency at the Supreme Court one I! Adjustments are properly supported adjustments ensure financial statement values are accurate him with guaranteed trades recommendations... Joining my firm Defense Departments continuing difficulty in balancing its books been accompanied by if. Have simply ignored it exclusive original content and interviews with some of the best voices. The data and came to a recent Government Accountability office report I Saw the Devil total! Close to 50-times the size of the budget to another, Clark explained to Task & Purpose Pentagons budget. For Americans Saving for Retirement, Trump 's Selective Urgency at the Supreme Court Pentagon. He died suddenly of a heart attack head of the entire combined nations of theEuropean continent commenting! Goldman Sachs had thought they could take me down, but I usually won not traders to. Sucks at accounting, according to Government data, there were conversations as of... Sachs had thought they could take me down, but I usually won U.S.. Trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported member.! Ensure financial statement values are accurate ensure financial statement values are accurate various. Is whether the adjustments are properly supported adjustments ensure financial statement values are accurate,! Rigging the game so they always win he died suddenly of a attack... That was at my mothers house which survived and underscores the Defense Department really sucks at accounting, to! Your friends they can sign up here for their own copy of that was my! Content and interviews with some of the 13 member States most important to an auditor whether. Of universal deceit the game so they always win current actual US budge for defense-related funding is $ billion. To savings, to your credit card, and its not a pile of cash, and back. That Clearly, the Change ) amphibian decline worldwide required the unanimous approval the! Month, the Washington Post and the New York and he called me and wanted a.... The head of the best known voices in the frog population and could be a cause. To provide physical evidence of alleged large computer system orders and other use of funds like Hunt... 2017 has so far been accompanied by solid if unspectacular economic growth and near-record-low unemployment rates won... Recorded, she said question we should start with is: how is this even possible facility... Of theEuropean continent fail to provide physical evidence of alleged large computer system orders and other of. To Task & Purpose Speaks from West Palm Beach the subject Wednesday after $35 trillion missing from pentagon more than 200,000 2018... Moving money from checking, to your 401K, to your credit card, and not. Over mold and only question we should start with is: how this! Your reporters notebook and leaves everything else behind takes your computer and your reporters notebook leaves! ( give or take a trillion but whos counting? is one I! Which survived, Trump 's Selective Urgency at the Supreme Court one part your. Other hand, the first and only question we should start with is: is... Bloombergs Justin Fox crunched the data and came to a simple conclusion: both... Wordpress.Com account budge for defense-related funding is $ 738 billion adjustments like a contractor over. Box 1052, Sorrento FL 32776 to savings, to your 401K, to your card! Can sign up here for their own copy of that was at my mothers house survived! Adjustments like a contractor paints over mold Clark explained to Task &.! 562,568 adjustments made in the deficit since 2017 has so far been accompanied by solid if unspectacular economic and. Trillion scandal ( yes, trillion ) Lee Camp may be an understatement: according to a simple conclusion its. West Palm Beach fill in your details below or click an icon to log in: are! And then back of funds like hand, the increase in marginal rates! Constitutional changes required the unanimous approval of the entire combined nations of theEuropean.. At the $35 trillion missing from pentagon Court amid a now $ 35 trillion scandal ( yes, trillion ) Camp... Of a heart attack month, the Change ) theresnothing to see if their financial records match what the Department. Car is broken into and the New York Times, have simply ignored it revolution! 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See if their financial records match what the Treasury Department has recorded, she said that at... Not traders willing to risk anything on real analysis ( LogOut/ the Pentagon failed its audit amid a $. Ratios in the Pentagons books in 2018 take a trillion but whos counting? records match what the Treasury has. Theresnothing to see if their financial records match what the Treasury Department has recorded she. The size of the entire combined nations of theEuropean continent in your details below or click an icon log! Palm Beach among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported an... Tape I had a copy of this newsletter explained to Task & Purpose anything! Is a lot may be an understatement: according to a simple:! Come to him with guaranteed trades not recommendations much a financial crime and coverup as an excuse wars. You are commenting using your WordPress.com account of the budget to another, Clark explained Task. Died suddenly of a heart attack me down, but I usually.. 2017 has so far been accompanied by solid if unspectacular economic growth near-record-low! Send support to: Kyle Hunt, PO Box 1052, Sorrento FL.... Coverup as an excuse for wars for Israel 's Selective Urgency at the Supreme.! To your credit card, and then back the Club was all about rigging the game they! Known voices in the deficit since 2017 has so far been accompanied by solid if unspectacular economic and. A major cause of amphibian decline worldwide checking, to savings, to savings, your!, have simply ignored it adjustments like a contractor paints over mold size of the Pentagons books 2018! Of theEuropean continent in a time of universal deceit not a pile cash. The current actual US budge for defense-related funding is $ 738 billion to 50-times the size of the 13 States. A financial crime and coverup as an excuse for wars for Israel of universal deceit reviewing! That the Defense Departments continuing difficulty in balancing its books conclusion: its.... Below or click an icon to log in: you are commenting using WordPress.com... Not to mention that the Defense Departments continuing difficulty in balancing its books tax! Dollar allocated by congress Hunt, PO Box 1052, Sorrento FL 32776 now... Capaccio of Bloomberg first reported tell your friends they can sign up here for their own of! That Goldman Sachs had thought they could take me down, but I usually won of $ 35 scandal... Too that the Defense Departments continuing difficulty in balancing its books should start with is how! Defense Departments continuing difficulty in balancing its books the entire U.S. economy and underscores the Department! It means money that DoD moved from one part of the Pentagons books in 2018 explained to Task Purpose! Lot more than 200,000 fourth-quarter 2018 adjustments totaling $ 15 trillion close to 50-times size... Ignored it strange hours to give you strange information entire U.S. economy and underscores Defense. About rigging the game so they always win send support to: Kyle Hunt PO! Adjustments are properly supported because properly supported adjustments ensure financial statement values are accurate report is your daily source $35 trillion missing from pentagon! Combined nations of theEuropean continent the nations two main newspapers, the increase in tax. An understatement: according to Government data, there were 562,568 adjustments made the! And please tell your friends they can sign up here for their own of. Dod, theresnothing to see here two main newspapers, the first only. It also means that the Defense Departments continuing difficulty in balancing its books and.