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This is part of our series on the unaccounted for $21 Trillion in taxpayer money. As unbelievable and absurd as that sounds, the actual total of unaccounted for money at the Pentagon is most likely significantly more than $21 trillion. The First ever “full-scope audit” of the Pentagon is presently underway. Read the first report from this series here.
According to the Department of Defense Inspector General and the Defense Finance and Accounting Service, $21 Trillion in Taxpayer Funding Is Unaccounted For.
To help people comprehend the scale of this, $1 Trillion is $1000 Billion. This means that $21,000 Billion in taxpayer money has gone missing.
Recall, also that the errors in cost, schedule and performance that result are not random: actual costs always turn out to be much higher than, sometimes even multiples of, early estimates; the schedule is always optimistic, and the performance is always inflated.
The Pentagon, defense industry and their congressional operatives want – need – to increase the money flow into the system to pretend to improve it.
Supported by a psychology of excessive secrecy, generated fear and the ideological belief that there is no alternative to high cost, high complexity weapons, higher budgets are easier to justify, especially if no one can sort out how the Pentagon actually spends its money.
William Hartung, Director of the Arms and Security Project at the Center for International Policy, summed up the accountability crisis at the Pentagon by saying:
“Call it irony or call it symptomatic of the department’s way of life, but an analysis by the Project on Government Oversight notes the Pentagon has so far spent roughly $6 billion on ‘fixing’ the audit problem — with no solution in sight.
If anything, the Defense Department’s accounting practices have been getting worse.”
The above post was an excerpt from The Pentagon Labyrinth, 10 Short Essays to Help You Through It. It was written by, “10 Pentagon Insiders, Retired Military Officers and Specialists With Over 400 Years of Defense Experience.” The section we featured is from Essay #8, Decoding the Defense Budget: The Ultimate in Cooked Numbers, by Winslow T. Wheeler.
originally posted by: OccamsRazor04
a reply to: 727Sky
Unaccounted for is not the same as missing. If I go fill up my gas tank and spend $50 and don't keep the receipt that money is now unaccounted for.
originally posted by: CriticalStinker
originally posted by: OccamsRazor04
a reply to: 727Sky
Unaccounted for is not the same as missing. If I go fill up my gas tank and spend $50 and don't keep the receipt that money is now unaccounted for.
In the context of government and taxpayers.... Unaccounted for us missing.
See, at work if I use $50 to fill up a gas tank and don't keep the receipt.... That money is missing.
a reply to: 727Sky
I keep hearing the staggering amount of 21 trillion tax dollars is missing and unaccounted for.. !
The conspiracy minded claim the money has been used for the secret space program
www.nytimes.com...
It occurred to me, reading Joseph Sawyer's letter on the national debt ceiling (Sept. 14), that I didn't know what $1 trillion is, let alone $2 trillion. Of course, I knew that a trillion is a thousand billion and that a billion is a thousand million. But I didn't really understand what that means. Knowing there are 12 zeros in a trillion didn't help much either. Why not think of it in terms of seconds, I asked myself? A trillion seconds would have to be years, probably many years ago. I made a wild guess.
As it turned out, I wasn't close. I found that 1,000 seconds ago was equal to almost 17 minutes. It would take almost 12 days for a million seconds to elapse and 31.7 years for a billion seconds. Therefore, a trillion seconds would amount to no less than 31,709.8 years. A trillion seconds ago, there was no written history. The pyramids had not yet been built. It would be 10,000 years before the cave paintings in France were begun, and saber-toothed tigers were still prowling the planet. I was stunned. At first I thought I must have made a mistake, but a banker friend checked my figures and pronounced them accurate.