The bankers have always sought the perfect trade. Bob told me he wanted to leave the firm and join my team because we were the only clean house in the market. Change), You are commenting using your Facebook account. According to the DoD, theresnothing to see here. Most of the tax increases under the Biden plan would fall on the top 0.1% of income earners, raising their annual taxes by more than $1 million each and lowering their after-tax income by 14%. So We Talked to an Economist. pretty much delete everything that had been recorded on their side and just re-record all the balances that Treasury has, Kociolek said. Save my name, email, and site URL in my browser for next time I post a comment. The Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. Required fields are marked *. One of the few in Congress who have taken an interest in the missing $94.7 trillion is The Pentagon made $35 trillion in accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense Departments IRS Determinations Unit had asked for a search of tea party or similar organizations applications. Through 2015, an investigation had learned that tea party and patriot organizations were flagged, donor lists requested, tax exemption denied, thousands of emails deleted and backups destroyed, that IRS Commissioner and officials frequently visited the white house during , Date: March 1, 2010 Source: University of California Berkeley Summary: The herbicide atrazine, one of the worlds most widely used pesticides, wreaks havoc with the sex lives of adult male frogs, emasculating three-quarters of them and turning one in 10 into females, according to a new study. How they discovered that they even had them I suspect was based upon illegal phone taps. Around three weeks ago on February 9 during the Blog Bash event in Washington DC, Breitbart made a prophetic comment that takes on a somewhat chilling nature given the fact that he died in the early hours of March 1st. Tesla first demonstrated wireless transmissions during a lecture in 1891. (LogOut/ Clearly, the benefit of 911 has been the ability to keep hiding missing money that nobody seems to care about. After all, $35 trillion is aboutone-and-a-half times the size of the entire US economy. Jeff Schogol is the senior Pentagon reporter for Task & Purpose. The Department is actively developing strategies to reduce accounting adjustments, Mark Easton wrote in a Dec. 5 response to the GAO. Its widely acknowledged that aluminum can enter the brain and disrupt its functions. Thats what should have My battle with the Club was one where they wanted just the perfect trades from inside trading and bribing officials. No government employees in that WTC7 building were in there when it collapsed. PLEASESHARE! This subreddit is intended for reddit users with accounts that are less But a combination of long-ago policy choices and recent ones have put us on a path where those who continue to worry about deficits are going to have a lot more to worry about., The claim that tax cuts dont cost money is a lie that wont die, because proponents of tax cuts have learned that many voters like to hear it., The New York Times Editorial Board, in a piece examining Treasury Secretary Steven Mnuchins renewed claim this week that the Trump tax cuts will pay for themselves, which the editorial calls a risible fantasy.. A lot may be an understatement: According to government data, there were 562,568 adjustments made in the Pentagons books in 2018. 2009-2023 The Fiscal Times. 46quFRHBJMA83q4GcE49DFCTMdyBj1L6s7MBL8kGhu9Cbz4YrCW4ik83vqtmqCVxHv22n4AEdMDx36di7YiENQAUGYaoYdo, ETHEREUM ADDRESS: The Defense Department acknowledged that it failed its first-ever audit in 2018 and then again last year, when it reviewed$2.7 trillionin assets and$2.6 trillionin liabilities. They needed the guaranteed trade. So what are these accounting adjustments? Of course, in the real world outside the halls of government and of largely unchecked power, a mere single trillion would be enough send people to jail. Elon Musk DEFENDS Scott Adams against WOKE CancelCulture!!! While auditors found no evidence of fraud in the review of finances that Congress required, they flagged a laundry list of problems, including accounting adjustments. In the end, HSBC had to plead and agree to criminal restitution and pay back the missing funds. (LogOut/ The report shows the Pentagon employs accounting adjustments like a contractor paints over mold. There were conversations as part of your standard recorded lines when trading so there are no questions about giving orders. The changes skew sex ratios in the frog population and could be a major cause of amphibian decline worldwide. The report shows the Pentagon employs accounting adjustments like a contractor paints over mold. Like what you're reading? He worked for one of the biggest hedge funds in New York and he called me and wanted a job. We project that these two effects are largely offsetting over time.. This was an office building, not a chemical facility. MAKE CHECKS OUT TO: Its the accounting system , it made $35 Trillion in corrections to a budget of less than 1 trillion. There were546,433 adjustments in fiscal 2017 and 562,568 in 2018, according to figures provided by Representative Jackie Speier, who asked the Government Accountability Office to investigate, the report added. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. https://gabpay.live/CompleteQR/9Y95IV, BITCOIN ADDRESS: The figure dwarfs the $738 billion of defense-related funding in the latest U.S. budget, a spending plan that includes the most expensive weapons systems in the world including the F-35 jet as well as new aircraft carriers, destroyers and submarines. Here were talking $30+ trillion and it appears this gaping accounting black hole bigger that most of the worlds past and future economies will itself be memory holed and explained away as being but the minor errors of some DoDpencil-pushers, apparently. The Defense Department acknowledged that it failed its first-ever audit in 2018 and then again last year, when it reviewed $2.7 trillion in assets and $2.6 trillion in liabilities. Their priority is making the situation look manageable, not solving the underlying problem, she said. The latest estimate is up from$30.7 trillionin 2018 and$29 trillionin 2017, the first year adjustments were tracked in a concerted way, according to Pentagon figures and a lawmaker whos pursued the accounting morass. The Pentagon alone gets half the pie, a record $858 billion. The latest radio shows from our sister site. Change), You are commenting using your Facebook account. While it shouldnt come as a surprise for an organization that has famously failed to ever pass an audit, the Pentagon was nevertheless able to shock some observers this week with a new batch of financial numbers. Economists, including the ones who would do official analyses of any tax legislation, assume that workers ultimately pay part of the corporate income tax in the form of lower wages, The Wall Street Journals Richard Rubin explains. Mark Easton, the Defense Departments deputy chief financial officer, wrote the GAO that in response to its audit the department is actively developing strategies to reduce accounting adjustments. Tesla presented the fundamentals of radio in 1893 during his public presentation, On Light and Other High Frequency Phenomena. Afterward, the principle of , The United States in Congress Assembled (USCA), the third united American republic, was formed by 13 States with the Articles of Confederations enactment on March 1st, 1781, and expired on March 3rd, 1789, with the implementation of the current U.S. Constitution on March 4th, 1789. What if the practice of rehypothecation is not confined to the world of banking, but has in fact become amodus operandiof government agencies themselves, in this case, of the Department of Defense? The Pentagons $35 Trillion Accounting Black Hole. The excuse that these tapes might lead to the missing money was all an elaborate scam to get these tapes to protect the bankers. Change), You are commenting using your Twitter account. Source:https://www.zerohedge.com/economics/just-little-sloppy-record-keeping-pentagons-35-trillion-accounting-black-hole, Your email address will not be published. Real outlays grew 1.7 percentage points a year faster than the historical average since the end of 2017; real receipts grew 1.8 percentage points slower, Fox says. Your car is broken into and the thief takes your computer and your reporters notebook and leaves everything else behind. He confirmed that Goldman Sachs had thought they could take me down, but I usually won. So, like in your household budget: It would be like moving money from checking, to savings, to your 401K, to your credit card, and then back.. He has covered the military for 15 years. The Latin part was not the corrupt Vulgate, but his own fresh rendering of the text from the more accurate and reliable Greek, which he had managed to collate from a half-dozen partial old Greek New Testament manuscripts he had acquired. The Biden plan: Biden calls for higher taxes on the wealthy and corporations, along with other reforms. Carpaccio notes that the number dwarfs the $738 billion of defense-related funding in the latest U.S. budget, a spending plan that includes the most expensive weapons systems in the world including the F-35 jet as well as new aircraft carriers, destroyers and submarines. Its also larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books.. Published Jan 23, 2020 9:59 PM EST. With tax season now fast approaching, its not too comforting to know the Pentagon enjoys over half of all discretionary domestic spending forits global war machine in maintenance ofour humble RepublicEmpire. Now, theres two ways to count money two, or three, or several times: one is to do so inadvertently and by mistake, which is what were being asked to believe here. Pentagon Racks Up $35 Trillion in Accounting Changes in One YearBy Anthony Capaccio , 1/22/2020, 3:00:00 AMThe Pentagon made $35 trillion in accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books. On one hand, reducing federal deficits increases investment, leading to greater capital accumulation and, therefore, increasing GDP. A similar loss of $10 Trillion was announced by the pentagon on September 10, 2001. What people do not realize is thatBECAUSEof 911 hitting the very room where all the documents were concerning the Pentagon budget, the audit never took place. Rep. Jackie Speier (D-CA), who asked the Government Accountability Office to look into the issue, said the combined errors, shorthand, and sloppy record-keeping by DoD accountants do add up to a number nearly 1.5 times the size of the U.S. economy, and charged that the Pentagon employs accounting adjustments like a contractor paints over mold. I hired the first Black financial analyst Bob Howe. Founder of Architects for 911 Truth. The spending adjustments follow the Pentagons first failed audit in 2018 and another failed audit in 2018, according to Bloomberg. The Pentagon Announces $35 Trillion Accounting Black Hole for 2019 Missing Funds. Earlier: The Pentagon Spent Nearly $1 Billion on Audit and Failed. This milestone was the first non-Latin Vulgate text of the scripture to be produced in a millennium and the first ever to come off a printing press. The Pentagons $35 Trillion Accounting Black Hole. Since then, despite dire predictions of Wild West showdowns and increased violence and accidents, not a single resident has been involved in a fatal shooting as a victim, attacker or defender. While auditors found no evidence of fraud in the review of finances that Congress required, they flagged a laundry list of problems, including accounting adjustments. according to a recent Government Accountability Office report. On the other hand, the increase in marginal tax rates discourage labor and savings. Will Democrats Let Him? | However, $35 trillion is close to 50-times the size of the Pentagons 2019 budget, so that means every dollar the Defense Department received from Congress was moved up to 50 times before it was actually spent, Clark said. The nations two main newspapers, the Washington Post and the New York Times, have simply ignored it. AMAZING INTEL BEING RELEASED NOW! RIP, Jim Lehrer. It sounds more appropriately news out ofThe OnionorBabylon Beegiven this is *Trillions* and not just billionsthough that itself would have been remarkable enough. That does not mean that the Defense Department They wanted guaranteed trades. Within that $30 trillion is a lot of double, triple, and quadruple counting of the same money as it got moved between accounts, said Todd Harrison, a Pentagon budget expert with the Center for Strategic and International Studies. Their priority is making the situation look manageable, not solving the underlying problem, she said. He said he was told by the head of the firm to come to him with guaranteed trades not recommendations. bc1q5z3xe8syvrt5xd52880mgj644tv9d5q55rk6tc, MONERO ADDRESS: According to Bloombergs Anthony Carpaccio, the Department of Defense made $35 trillion in accounting adjustments in 2019, easily surpassing the $30.7 trillion Speaking to Lawrence Sinclair of Sinclair News, Breitbart stated, Wait til they see what , Between March 1-17of2010,IRS agents identified the first 10 Tea Party case applications though not all had tea party in their name, according to a draft of The Treasury Inspector General for Tax Administration (TIGTA) appendix. WebThe Pentagon moved a total of $35 trillion among its various budget accounts in 2019, Tony Capaccio of Bloomberg first reported. (ZH) Over the past two weeks of coronavirus headlines and heightened global anxiety, along with impeachment coverage and after over the Super Bowl weekend Americans huddled in living rooms in blissful oblivion, a story which in more normal times would be front and center has gone largely unnoticed. let that number sink in) #darkskyfiles #pentagon #government Sponsored by the government of India and supported by the Foundation, the trials established that with each of the tested vaccines, at least one year of protection against pregnancy could be expected, based on the levels of antibodies , In March 1982, the small town of Kennesaw responding to a handgun ban in Morton Grove, Ill. unanimously passed an ordinance requiring each head of household to own and maintain a gun. But not so fast. The findings? This, as I suspected then, was confined to banking and to the presence in the system of hidden and undisclosed bullion acting as a secret reserve on the ledgers. They are just proxies for the government with their 99% conviction rates. They were not traders willing to risk anything on real analysis. Is the United States on The Same Calamitous Path as Yugoslavia? All rights reserved. Why it matters: More broadly, the number highlights the persistent lack of internal financial controls at the Pentagon, which makes it extremely difficult to account properly for spending in the largest government budget. The banks pay huge fines at shareholder expense to protect the bankers personally and nobody ever goes to jail. She experienced the wrath of the dental industry when she tried to publish her researchtitled The Neurotoxicity of Sodium Fluoride in Rats in the Journal of Neurotoxicology and Teratology that fluoride was neurotoxic. The rise in the deficit since 2017 has so far been accompanied by solid if unspectacular economic growth and near-record-low unemployment rates. CEO of Blackrock Warns A Spike In Inflation May Come As A Pretty Big Shock Its Not Transitory, Discover the untold story about the War in Ukraine in this eye-opening documentary, The US wants to Impose a New Economic Paradigm on the World. Its not a pile of cash, and its not all expenditures. The Pentagon made $35 trillion in accounting adjustments last year alone a total thats larger than the entire U.S. economy and underscores the Defense Departments continuing difficulty in balancing its books. It sounds more appropriately news out ofThe OnionorBabylon Beegiven this is *Trillions* and not just billionsthough that itself would have been remarkable enough. PO Box 1052 Three days after being approved for , In its annual report of 1988, The Rockefeller Foundation was happy to report the progress made by the Foundations Population Division in the field of anti-fertility vaccines: Indias National Institute of Immunology successfully completed in 1988 the first phase of trials with three versions of an anti-fertility vaccine for women. ( Note carefully the date of this , Nikola Tesla gave the first public demonstration of radio in St. Louis on March 1, 1893, although he had presented his work prior to this behind closed doors. Is broken into and the New York times, have simply ignored it of $ 10 trillion was by... Agree to criminal restitution and pay back the missing money that nobody to... Trades from $35 trillion missing from pentagon trading and bribing officials increases investment, leading to greater capital accumulation and, therefore increasing. Radio in 1893 during his public presentation, on Light and other Frequency! 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