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A Pentagon Audit in July 2016 Revealed $6.5T Unaccounted for

HankD

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...What do you think the reaction of AT&T and its stockholders would have been if they had "only misplaced" say $6.5B (a thousand times less). If you can't find the money in your auditing systems you have no idea where it went.

Time to get fitted with orange jumpsuits!

HankD
 

Rob_BW

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In the beginning of my engineering career, I worked for a NASA contractor and saw how aerospace money was wasted. The rest of my career (38 years) I worked for AT&T and related companies. I did mostly strategic planning and economic/technical feasibility studies so I have a lot of experience dealing with relatively large sums of money spent to enhance the network. What do you think the reaction of AT&T and its stockholders would have been if they had "only misplaced" say $6.5B (a thousand times less). If you can't find the money in your auditing systems you have no idea where it went.
It's still disingenuous to say we don't know where 6.5 trillion went.

Could your NASA accountant drill down from his office to see where $0.01 went to buy a flat washer? Because that's what these articles are talking about. Not wholesale loss of funds.
 

HankD

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No, that's the Federal Reserve's way. They started doing it at the end of the Bush presidency. Trump has very little sway over the money supply.
I think Trump has quite a sufficient supply of money.:)

HankD
 

FollowTheWay

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Because it would put the US at serious risk and unable to defend itself.
Simply not true. As I have just started to prove, the Pentagon is serving as a money laundering operation for an unidentified enemy which might be internal or external. My belief at this point is it's the "Dark State" which trump believes exists but misidentifies as the members of the current government. In reality, this organization is composed of a group of individuals that are unidentified.
 

FollowTheWay

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Pentagon missing $2.3 trillion Rumsfeld Exposed 9/10/2001

I think anything Cheney ever said was not really funny but very diabolical. I see him as the primary enemy of our democracy. Actually, this is minor compared to the figure of $8.5T identified in 2013. Of course this is meaningless, right?
 

FollowTheWay

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So you agree that such a bureaucratic monstrosity would be bad for healthcare?

Government bureaucracy is inefficient. I know this. I've worked for the government in some form or another my entire adult life. Oh, the stories I could tell. That's why I favor free market solutions for most problems.

Defense, though, that is tricky. Do you want privatized defense? A mercenary force in place of DoD?
Mercenary forces were used in Iraq and Afghanistan. They were a disaster. No, I'd like to see a serious inquiry into where these trillions of dollars went.
 

FollowTheWay

Well-Known Member
Site Supporter
So you agree that such a bureaucratic monstrosity would be bad for healthcare?

Government bureaucracy is inefficient. I know this. I've worked for the government in some form or another my entire adult life. Oh, the stories I could tell. That's why I favor free market solutions for most problems.

Defense, though, that is tricky. Do you want privatized defense? A mercenary force in place of DoD?
Are you saying that democracy is a failure and we should change our form of government to what(?).
 

FollowTheWay

Well-Known Member
Site Supporter
It's still disingenuous to say we don't know where 6.5 trillion went.

Could your NASA accountant drill down from his office to see where $0.01 went to buy a flat washer? Because that's what these articles are talking about. Not wholesale loss of funds.
They're not talking about a 1 cent washer. We're talking about a HUGE AMOUNT OF MONEY!!
 

Rob_BW

Well-Known Member
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They're not talking about a 1 cent washer. We're talking about a HUGE AMOUNT OF MONEY!!
You didn’t answer the question. Could your NASA accountant track every cent from his office?

And remember, it's 6.1 trillion. We found the F35 money.
 

FollowTheWay

Well-Known Member
Site Supporter
You didn’t answer the question. Could your NASA accountant track every cent from his office?

And remember, it's 6.1 trillion. We found the F35 money.
Every cent? We're talking about a third of the national debt. Bush raised the Pentagon budget by $50B after 9/11. I heard a Pentagon insider say he probably could have found that in loose change at the Pentagon.
 
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