Why US Wants Wars: Massive Corruption - $6.5 Trillion Unaccounted for

[rangerrebew]

Why US Wants Wars: Massive Corruption - $6.5 Trillion Unaccounted for
Monday, 08 August 2016

While US lawmakers are applying pressure on the Pentagon to be more transparent about how it spends money, a new report shows that the Defense Department’s substandard bookkeeping practices make that virtually impossible.

Despite a 1996 law requiring all federal agencies to conduct regular spending audits, the Pentagon has so far failed to conduct a single one. While US lawmakers have pressed the DoD to comply by September of 2017, a new inspector general’s report indicates that meeting this deadline is highly unlikely.

"Army and Defense Finance and Accounting Service Indianapolis personnel did not adequately support $2.8 trillion in third quarter adjustments and $6.5 trillion in year-end adjustments made to Army General Fund (AGF) data during FY 2015 financial statement compilation," the report reads.

http://macedoniaonline.eu/content/view/29963/53/

[Free Vulcan]

Surprised this was even reported, but this is one of my big nails to hammer on. There is so much money in our budget that goes down a black hole and is never seen again, and we need to find out where it's going.

I'm afraid this is bigger than just money grubbing corruption and rather going toward developing scary technologies that are going to come back and bite the American people very hard.

Problem is I think those that are behind it would kill a whole lot of people to make sure none of it came to light.

[rangerrebew]

I have no earthly idea if this story is accurate.  But with almost 8 years of the Obama administration, it is certainly possible.  His departments are no strangers to bad accounting, hiding payments, losing money, or using money appropriated for one thing to pay for another.  Money accounting problems seems to be a pandemic problem for the Imam Obama administration.

[rangerrebew]

Surprised this was even reported

Notice it wasn't an American source which reported it.

[Cripplecreek]

Its why we go looking for wars to involve ourselves in like Libya and Syria.

[rangerrebew]

Its why we go looking for wars to involve ourselves in like Libya and Syria.

Let us not forget the strategically important Yemen.