Report: $8.5 Trillion Missing From Pentagon Budget

[Exocet]

[Feel free to move this thread if it isn't the right section]

The Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of China's economic output last year.


http://www.reuters.com/article/2013/11/18/us-usa-pentagon-waste-specialreport-idUSBRE9AH0LQ20131118
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Does anyone remember this? It was Donald Rumsfeld who announces on 10th Sept. 2001 that 2.3 trillion USD was missing from the Pentagon. The next day,the accounting office of the Pentagon was hit by "an airplane". coincidence ? :rolleyes:

IVpSBUgbxBU

[phuckphace]

it's cool man we can just print more

also the Pentagon *was* struck by a plane. that doesn't preclude foul play obviously, but yeah. they're up to something no doubt, ~but~ there's no reason to believe that it wasn't a jet that crashed into the building.

Donald Rumsfeld is a warmongering traitor and seeing his doughy baby boomer face raises my blood pressure significantly

[tbake98]

it's cool man we can just print more

also the Pentagon *was* struck by a plane. that doesn't preclude foul play obviously, but yeah. they're up to something no doubt, ~but~ there's no reason to believe that it wasn't a jet that crashed into the building.

Donald Rumsfeld is a warmongering traitor and seeing his doughy baby boomer face raises my blood pressure significantly

I know it's not the place, but "something" hit the Pentagon. It didn't have wings... if it did there would've been holes where they entered the building, or you would've seen pieces of them on the grounds. There were NO traces of a plane at the Pentagon. Anyway...

By losing $8.5 Trillion, they're pretty much going to print it all back, making an already useless currency even more so. Our money has absolutely no value anywhere else in the world; therefore, we can never pay off our debts. In times like this, there's bound to be another "crisis" or "event" that takes the attention away from the horrible job our government is doing, just so they can get back in our good graces for "saving" us.

[DriveAlive]

I know it's not the place, but "something" hit the Pentagon. It didn't have wings... if it did there would've been holes where they entered the building, or you would've seen pieces of them on the grounds. There were NO traces of a plane at the Pentagon. Anyway...

By losing $8.5 Trillion, they're pretty much going to print it all back, making an already useless currency even more so. Our money has absolutely no value anywhere else in the world; therefore, we can never pay off our debts. In times like this, there's bound to be another "crisis" or "event" that takes the attention away from the horrible job our government is doing, just so they can get back in our good graces for "saving" us.

Uh, the U.S. dollar is actually pretty valuable almost everywhere else in the world. For example, many South American countries use it as an optional currency and in some African countries, it is the only foreign currency that has any value. Secondly, can we please not start another 9/11 was an inside job discussion. I don't think it shows proper respect to those that died.

[Stronk Serb]

Uh, the U.S. dollar is actually pretty valuable almost everywhere else in the world. For example, many South American countries use it as an optional currency and in some African countries, it is the only foreign currency that has any value. Secondly, can we please not start another 9/11 was an inside job discussion. I don't think it shows proper respect to those that died.

The Euro is mire valuable than the dollar. Also it is used worldwide.

[Uniquemind]

The Euro is mire valuable than the dollar. Also it is used worldwide.

As is the British pound.

But the USD is the bedrock currency, which is the comparison standard to which all other currencies are measured against when trading one currency for another.

If the US dollar collapses, it instantly causes harmful ripple effects in every other country's currency including that of the Euro.

And the Euro zone has it's own problems as it is.

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I don't want to add fuel to a conspiracy I don't personal believe in.

But I heard that the specific offices that were hit in the Pentagon on 9/11 were the offices and department that was investigating the money trail of where the missing money over decades was going to.



I suspect and reasonably this makes sense, that government has both a good side and a bad side (individuals) within it and there is a deep internal struggle.

It's probably a darker realistic version of the TV show "CHUCK" and then also Fulcrum being a inter-government enemy.

Watch the show it's good and you'll see what I'm getting at.


Conspiracy theories tend to throw the baby out with the bath water.

[tbake98]

Uh, the U.S. dollar is actually pretty valuable almost everywhere else in the world. For example, many South American countries use it as an optional currency and in some African countries, it is the only foreign currency that has any value. Secondly, can we please not start another 9/11 was an inside job discussion. I don't think it shows proper respect to those that died.

The more money we print, the less the US Dollar becomes. The Federal Reserve has no government oversight, therefore no one in DC can say when to print or how much. It's over-saturation... too much of a "good" thing eventually makes it bad.

[Vlerchan]

The more money we print, the less the US Dollar becomes.
It's important to factor in at what speed individual dollars are being spent - and some speculation variable.

It's possible to print lots and still have zero inflation.

The Federal Reserve has no government oversight, therefore no one in DC can say when to print or how much.
You'll find countries with independent central banks tend to average lower inflation than countries without independent central banks. Having it under democratic control creates perverse incentives for the ruling group to print more on approach to an election which gives a short-run boost to economic performance - is the major issue.

The FED also has a mandate to preserve price stability.

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It's also senseless to take pride in one currency being more valuable than the other because that's not always a good thing.

[Uniquemind]

It's important to factor in at what speed individual dollars are being spent - and some speculation variable.

It's possible to print lots and still have zero inflation.


You'll find countries with independent central banks tend to average lower inflation than countries without independent central banks. Having it under democratic control creates perverse incentives for the ruling group to print more on approach to an election which gives a short-run boost to economic performance - is the major issue.

The FED also has a mandate to preserve price stability.

---

It's also senseless to take pride in one currency being more valuable than the other because that's not always a good thing.


Every concept here seconded by me.

You beat me too it.

[SethfromMI]

the money just did not disappear. they know where it went to

[phuckphace]

It didn't have wings... if it did there would've been holes where they entered the building

lmao the "hole punch" argument again

http://www.popularmechanics.com/military/a5659/debunking-911-myths-pentagon/

Why wasn't the hole as wide as a 757's 124-ft.-10-in. wingspan? A crashing jet doesn't punch a cartoon-like outline of itself into a reinforced concrete building, says ASCE team member Mete Sozen, a professor of structural engineering at Purdue University. In this case, one wing hit the ground; the other was sheared off by the force of the impact with the Pentagon's load-bearing columns, explains Sozen, who specializes in the behavior of concrete buildings. What was left of the plane flowed into the structure in a state closer to a liquid than a solid mass. "If you expected the entire wing to cut into the building," Sozen tells PM, "it didn't happen."

he's a professor at a university so you know it's true

There were NO traces of a plane at the Pentagon

more BS, there was all the wreckage you'd expect from a plane crash. it was your garden variety plane crash all the way through.

Occam's razor, people. it makes way more sense to believe 9/11 was orchestrated by militants in retaliation for our meddling in the Middle East than it does to believe the government had to dream up some highly complex plot to hoodwink a populace of slack jawed, fantasy football playing proles into giving them more power (while they were already doing whatever the fuck they wanted anyway).

[Uniquemind]

lmao the "hole punch" argument again

http://www.popularmechanics.com/military/a5659/debunking-911-myths-pentagon/



he's a professor at a university so you know it's true



more BS, there was all the wreckage you'd expect from a plane crash. it was your garden variety plane crash all the way through.

Occam's razor, people. it makes way more sense to believe 9/11 was orchestrated by militants in retaliation for our meddling in the Middle East than it does to believe the government had to dream up some highly complex plot to hoodwink a populace of slack jawed, fantasy football playing proles into giving them more power (while they were already doing whatever the fuck they wanted anyway).


Well you have to keep in mind you can't lump all conspiracy theorists together. There are different variations of conspiracy regarding 9/11.

Some are more rational than others, and not as absolutist thinking as others and don't argue all the same details other theories and conspiracy camps do.


There's one theory that goes with militants, being genuine militants, but that dark agents within our own government made it easier and convenient for the events to happen because they were going to benefit in some way by it.

Also corporate campaign money, and nepotism and the fact that those in high power jobs and government jobs operating in the same social circles does create a sizeable gap distance of what Wall St. wants and what Main St. needs....if you're too close to Wall St. you become out of touch with the rest of the country, and foreign policy and domestic policy will reflect that.


One detail that is just weird is like I stated above, the offices and some employees hit in the Pentagon were investigating various internal fraudulent issues, related to the disappearance of money like that stated in the thread's title.

[DriveAlive]

Well you have to keep in mind you can't lump all conspiracy theorists together. There are different variations of conspiracy regarding 9/11.

Some are more rational than others, and not as absolutist thinking as others and don't argue all the same details other theories and conspiracy camps do.


There's one theory that goes with militants, being genuine militants, but that dark agents within our own government made it easier and convenient for the events to happen because they were going to benefit in some way by it.

Also corporate campaign money, and nepotism and the fact that those in high power jobs and government jobs operating in the same social circles does create a sizeable gap distance of what Wall St. wants and what Main St. needs....if you're too close to Wall St. you become out of touch with the rest of the country, and foreign policy and domestic policy will reflect that.


One detail that is just weird is like I stated above, the offices and some employees hit in the Pentagon were investigating various internal fraudulent issues, related to the disappearance of money like that stated in the thread's title.

If someone high up in the government wanted to make some investigations and evidence disappear, I have no doubt in my mind that they can do it. I also believe that they can do it a lot easier than creating 9/11 and then involving the country in a multi-trillion dollar war. Sometimes its hard to believe that bad things happen and its easier to blame some invisble shadow group than just accept reality.

[Uniquemind]

If someone high up in the government wanted to make some investigations and evidence disappear, I have no doubt in my mind that they can do it. I also believe that they can do it a lot easier than creating 9/11 and then involving the country in a multi-trillion dollar war. Sometimes its hard to believe that bad things happen and its easier to blame some invisble shadow group than just accept reality.

But your said skepticism hasn't scientifically debunked the concept. Either, also you're right they can cover things up, but only usually at the beginning stages.

There does come a point where it becomes harder and harder to cover things up past a certain point of "no return".


Usually conspiracy theorists are nutcases, but it is important as skeptics to play detective, check sources of both those for and against a theory, and ignore bias that appeals to fear and other emotions that urge us to accept or reject a claim, especially one that makes semi-sense but is just missing details.

Situations like that goes into a "We'll until further notice" category.

This is why investigative reporting and research is declining in the media, it's hardwork and doesn't yield the same profit margins as "Infotainment" (Pop culture news, sensationalized political comments on a hot-topic that's been debated to death etc.)

[SethfromMI]

the money is not "missing" plain and simple. THEY want us to think it is missing or whatever, but THEY know exactly where it is

[Microcosm]

VTDC :arrow2: ROTW

As this appears to be becoming more of a debate, I am moving it to ROTW.