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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. Auditors, she said, might have to go to different computer systems, to different locations or access different databases to get information.
The technology revolution has transformed organizations across the private sector, but not ours, not fully, not yet. We are, as they say, tangled in our anchor chain. Our financial systems are decades old. According to some estimates, we cannot track $2.3 trillion in transactions. We cannot share information from floor to floor in this building because it's stored on dozens of technological systems that are inaccessible or incompatible.
Originally posted by Soloist
The actual quote from Rumsfeld was :
The technology revolution has transformed organizations across the private sector, but not ours, not fully, not yet. We are, as they say, tangled in our anchor chain. Our financial systems are decades old. According to some estimates, we cannot track $2.3 trillion in transactions. We cannot share information from floor to floor in this building because it's stored on dozens of technological systems that are inaccessible or incompatible.
Originally posted by ATH911
So Rummy is really talking about the outdated financial systems that's responsible for the untrackable $2.3 million, the ones located in the section that the next day would be hit and destroyed allegedly by a hijacked plane and then will be replaced with new modern ones during the rebuild. How convenient.
KWAME HOLMAN: McCain's wasn't the only question Rumsfeld wasn't yet prepared to answer. Democrat Robert Byrd of West Virginia complained about the current state of the Pentagon's financial books-- that it doesn't know how much it spends and how much things cost.
SEN. ROBERT BYRD: How can we seriously consider a $50 billion increase in the defense budget when DOD's own auditors, when DOD's own auditors say that the Department cannot account for $2.3 trillion in transactions in one year alone? My question to you, Mr. Secretary, is what do you plan to do about this?
DONALD RUMSFELD: Decline the nomination. (Laughter)
KWAME HOLMAN: Rumsfeld did admit the problem could take a number of years to sort out. Meanwhile, the full Senate is scheduled to meet within hours of George W. Bush's swearing-in on January 20. Donald Rumsfeld will be among several cabinet nominees expected to receive overwhelming Senate approval at that time.
Originally posted by Soloist
Yes, you're right.
I'm sure they planned and executed the 9/11 inside jobby job to get new accounting computer systems for the Pentagon.
Originally posted by ATH911
Yeah, just for that.
Originally posted by stigup
Very comical indeed. The more I read into 911 the more I see 2.3 trillion missing being covered up. Whomever wanted to try and track them down it seems the paper trail ended the next day. You have the section of the pentagon being hit that housed the financial data, you have building 7 which housed the IRS, CIA, the secret service, and the SEC (securities and exchange commission). So basically a whole bunch of agencies that receive their budget from the pentagon. A billion dollars is a TON of money I can't even fathom a trillion let alone 2.3. There must be some serious black budgets going on for this kind of thing to happen. Maybe the military industrial complex? Of course it's the pentagon and building 7 which are the biggest factors of 911 because there is so much scrutiny behind them.
But it seems to me that the announcement by Rumsfeld of $2.3 trillion missing the day before 9/11 is the biggest coincidence of all.