Thursday, May 17, 2018

The Pentagon Can't Account for $21 Trillion

The Pentagon's own numbers show that it can't account for $21 trillion.

That's why trying to understand-truly understand-that the Pentagon spent 21 trillion unaccounted-for dollars between 1998 and 2015 washes over us like your mother telling you that your third cousin you met twice is getting divorced.

Skidmore, being an economics professor, thought something like, "She means $6.5 billion. Not trillion. Because trillion would mean the Pentagon couldn't account for more money than the gross domestic product of the whole United Kingdom. But still, $6.5 billion of unaccounted-for money is a crazy amount."

While the documents are incomplete, original government sources indicate $21 trillion in unsupported adjustments have been reported for the Department of Defense and the Department of Housing and Urban Development for the years 1998-2015.".

Let's stop and take a second to conceive how much $21 trillion is.

It's definitely not meant to think about the $21 trillion our Department of Defense can't account for.

The 21 trillion number comes from the Department of Defense Office of Inspector General-the OIG. Although, as Forbes pointed out, "After Mark Skidmore began inquiring about OIG-reported unsubstantiated adjustments, the OIG's webpage, which documented, albeit in a highly incomplete manner, these unsupported"accounting adjustments," was mysteriously taken down.

https://www.truthdig.com/articles/the-pentagon-cant-account-for-21-trillion/ 

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