The U.S. Army's $6.5 Trillion Accounting Error

[Builder]

https://warisboring.com/the-u-s-army-lost-track-of-6-5-trillion-16bd2f43ba30

Easy to hide some black projects in those numbers:

"That’s $6.5 trillion in accounting mistakes for the year 2015 alone. That’s such a huge number that it doesn’t even make a lot of sense. The annual budget for the entire U.S. military in the past few years has been around half-a-trillion bucks.
How could the Army misplace, fudge, misappropriate or otherwise lose $6.5 trillion? It’s simple. Years of no oversight, bad accounting practices and crappy computer systems created this problem."

[conk]

A trillion here, a trillion there and pretty soon you're talking about real money.

Old timers, who was I paraphrasing? Senator Dirkson, from around the 60s and 70s. He used billions. Trillions were beyond any comprehension back then.

[KiwiElf]

6.5 trillion dollars is a lot of money to be unaccounted for? They waited till it became this much before they've done something about it?? Unbelievable. That is 1/3 of the US's entire "rumoured" debt! :silent:

[WhiteLove]

There was approximately $1.46 trillion in circulation as of June 1, 2016, of which $1.4 trillion was in Federal Reserve notes.(Source (https://www.federalreserve.gov/faqs/currency_12773.htm))

So the amount of cash having been lost is 345% more than the whole amount of US dollars in circulation. This suggests there is a black pool of US currency in circulation, unaccounted for in the white world.

This is so huge that nobody can really understand how great this fraud is!

[TargeT]

There was approximately $1.46 trillion in circulation as of June 1, 2016, of which $1.4 trillion was in Federal Reserve notes.(Source (https://www.federalreserve.gov/faqs/currency_12773.htm))


that number makes no sense


- The federal government took in a record of approximately $3,248,723,000,000 in taxes in fiscal 2015
http://www.cnsnews.com/s3/files/styles/content_100p/s3/federal_tax_receipts-chart.jpg
http://www.cnsnews.com/news/article/terence-p-jeffrey/3248723000000-federal-taxes-set-record-fy-2015-21833-worker-feds-0

With fractional reserve lending allowed at all institutions, how can the Fed even know how much "currency" is out there?

[Baby Steps]

White Love is referring to cash not electronic funds.

lets say 20% of the half trillion per year military budget was misappropriated, for 20 years, that would be two trillion total, enough to run a small secret space program.

these 'multi trillion in 2015' statements probably refer to the quantum of accounting entries, which do not approximate to cash moving about, rather allocations, adjustments , re-analysis and other abstractions.

the dark tee shirts thrive on leaky systems and corruption. but then they inevitably get hoisted by their own petard.

I remember a cafe owner, who was relectant to run a transparent and auditable till system, because he was under declaring to dodge tax, expressing frustration that his own staff exploited this to run a plethora of scams....

[cursichella1]

This suggests there is a black pool of US currency in circulation, unaccounted for in the white world.


This story started trickling out (so as to be seen as not a big deal...) to the Public around 7/31/2016. I read about it on Twitter the first week of August. Reuters first mentioned it on 8/18 or 8/19. Fox News covered it on the 18th. CNN referred to it briefly as "an accounting gaffe (http://www.cnn.com/2016/08/23/politics/us-army-audit-accounting-errors/)" and MSNBC did not deem it newsworthy. This $6.5 T was for 2015.

I can't speak for 2014--but 2013 showed $2T missing--or the preceding decade's worth of audits however we all remember Donald Rumsfeld's announcement on 9/10/2001, that the Pentagon was unable to account for $2.3T. All conveniently forgotten after 9/11/2001.

Business as usual. The Public is sidetracked by "Fiscal Cliffs", "Budget Sequestrations" and everyday political warfare.

Joseph P. Farrell has pointed out that $6.5 Trillion is coincidently around the same dollar amount as those "fake" Bearer Bonds found in Italy (http://www.reuters.com/article/us-usa-bonds-forgery-idUSTRE81G11620120217) a few years back.

Ties it in with some banksters' deaths (http://gizadeathstar.com/2016/06/banker-suicides-lamestream-media-finally-admits-possibility-conspiracy/)

And now this, in Florida:

You're Kidding...Another Bearer Bonds Scandal (http://gizadeathstar.com/2016/08/youre-kidding-another-bearer-bonds-scandal-florida/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+GizaDeathStar+%28Giza+Death+Star%29) where Farrell suggests these "fake" Bearer Bonds and others may not be fake so much as they are part of a separate "dark" economy and not backed by Gold Bullion but rather by Drugs.

[Wide-Eyed]

This suggests there is a black pool of US currency in circulation, unaccounted for in the white world.


This story started trickling out (so as to be seen as not a big deal...) to the Public around 7/31/2016. I read about it on Twitter the first week of August. Reuters first mentioned it on 8/18 or 8/19. Fox News covered it on the 18th. CNN referred to it briefly as "an accounting gaffe (http://www.cnn.com/2016/08/23/politics/us-army-audit-accounting-errors/)" and MSNBC did not deem it newsworthy. This $6.5 T was for 2015.

I can't speak for 2014--but 2013 showed $2T missing--or the preceding decade's worth of audits however we all remember Donald Rumsfeld's announcement on 9/10/2001, that the Pentagon was unable to account for $2.3T. All conveniently forgotten after 9/11/2001.

Business as usual. The Public is sidetracked by "Fiscal Cliffs", "Budget Sequestrations" and everyday political warfare.

Joseph P. Farrell has pointed out that $6.5 Trillion is coincidently around the same dollar amount as those "fake" Bearer Bonds found in Italy (http://www.reuters.com/article/us-usa-bonds-forgery-idUSTRE81G11620120217) a few years back.

Ties it in with some banksters' deaths (http://gizadeathstar.com/2016/06/banker-suicides-lamestream-media-finally-admits-possibility-conspiracy/)

And now this, in Florida:

You're Kidding...Another Bearer Bonds Scandal (http://gizadeathstar.com/2016/08/youre-kidding-another-bearer-bonds-scandal-florida/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+GizaDeathStar+%28Giza+Death+Star%29) where Farrell suggests these "fake" Bearer Bonds and others may not be fake so much as they are part of a separate "dark" economy and not backed by Gold Bullion but rather by Drugs.

Good post Cursichella una - This radio interview of Dr Joseph F. goes through the entire ball of wax. Sorry I can't summarize now but he's on 28 plus books now heavy research and WWII is his balleywick and it is fairly solid hypothesis and not very hard to absorb. Worth a listen IMHO. It's all there , cheers. http://www.thebyteshow.com/Audio/JosephPFarrell/JosephPFarrell_CovertWars_BreakAwayCivilizations1_5Jan2013_TBS.mp3

[Pam]

Paying taxes to the US federal gubmint is the same as pissing in the wind. I'd rather burn my money than be strong armed by this organized crime organization, and I use the term organized very loosely. The hypocrisy amazes me. Imagine telling them you would like to pay your taxes but due to "accounting errors" you misplaced 1/3 of your money!!!!! Would that fly?