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$21 Trillion Lost: Largest Theft In History Under Guise Of US National Security - Foreign Affairs - Nairaland

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$21 Trillion Lost: Largest Theft In History Under Guise Of US National Security by bonechamberlain(m): 11:36pm On May 15, 2018
Comedian Lee Camp on his show Redacted Tonight recalls the first-ever audit of the Pentagon, which is taking 2,400 auditors to do the job, trying to understand where $21 trillion in unsupported adjustments went.


In his show , Camp recalled that a couple of years ago professor Mark Skidmore of Michigan State University heard Catherine Austin Fitts, former Assistant Secretary in the Department of Housing and Urban Development, say that the Department of Defense Inspector General had found $6.5 trillion worth of unaccounted for spending by the Army in 2015.

Skidmore, being an economics professor, thought “she meant $6.5 billion and not $6.5 trillion” , because “trillion would mean the Pentagon misplaced more money than the Gross Domestic Product of the whole of the United Kingdom” (UK's GDP $2.62 trillion), Camp said. “So he looked into the Inspector General’s report and he found something interesting: it was 6.5 trillion dollars!”

Skidmore and Catherine Austin Fitts did more digging and conducted a search of government websites. They found similar reports dating back to 1998. These documents indicate $21 trillion in unsupported adjustments that had been reported for the DoD and Housing and Urban Development for the years 1998 -2015.

“If you make 40,000 USD a year, how long would it take you to make one trillion dollars? It would take you 25 million years, which sounds like a long time, but once you get past the ten million mark, it really flies by,” Camp noted.

As Forbes magazine pointed out, after Mark Skidmore began inquiring about the report, the Office of the Inspector General’s webpage was mysteriously taken down.
Given that the entire army budget in fiscal year 2015 was $122 billion, unsupported adjustments were 54 times the level of spending authorized by Congress, the magazine said. The Inspector General report indicated that unsupported adjustments were the result of the Defense Department's “failure to correct system deficiencies”.

Lee Camp noted that mainstream media didn’t pay due attention to the story which he describes as “the largest theft in history covered up under the guise of national security.”



https://www.rt.com/usa/426643-lee-camp-pentagon-theft/

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Re: $21 Trillion Lost: Largest Theft In History Under Guise Of US National Security by Nobody: 12:00am On May 16, 2018
Hahahahahahahahahaaaaa! Money is being printed out of thin air in Amerika. grin

We must, as a matter urgency dump this useless “PetroDollar” in favour of “PetroYuan”. grin

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Re: $21 Trillion Lost: Largest Theft In History Under Guise Of US National Security by KingSango(m): 12:04am On May 16, 2018
bonechamberlain:
Comedian Lee Camp on his show Redacted Tonight recalls the first-ever audit of the Pentagon, which is taking 2,400 auditors to do the job, trying to understand where $21 trillion in unsupported adjustments went.


In his show , Camp recalled that a couple of years ago professor Mark Skidmore of Michigan State University heard Catherine Austin Fitts, former Assistant Secretary in the Department of Housing and Urban Development, say that the Department of Defense Inspector General had found $6.5 trillion worth of unaccounted for spending by the Army in 2015.

Skidmore, being an economics professor, thought “she meant $6.5 billion and not $6.5 trillion” , because “trillion would mean the Pentagon misplaced more money than the Gross Domestic Product of the whole of the United Kingdom” (UK's GDP $2.62 trillion), Camp said. “So he looked into the Inspector General’s report and he found something interesting: it was 6.5 trillion dollars!”

Skidmore and Catherine Austin Fitts did more digging and conducted a search of government websites. They found similar reports dating back to 1998. These documents indicate $21 trillion in unsupported adjustments that had been reported for the DoD and Housing and Urban Development for the years 1998 -2015.

“If you make 40,000 USD a year, how long would it take you to make one trillion dollars? It would take you 25 million years, which sounds like a long time, but once you get past the ten million mark, it really flies by,” Camp noted.

As Forbes magazine pointed out, after Mark Skidmore began inquiring about the report, the Office of the Inspector General’s webpage was mysteriously taken down.
Given that the entire army budget in fiscal year 2015 was $122 billion, unsupported adjustments were 54 times the level of spending authorized by Congress, the magazine said. The Inspector General report indicated that unsupported adjustments were the result of the Defense Department's “failure to correct system deficiencies”.

Lee Camp noted that mainstream media didn’t pay due attention to the story which he describes as “the largest theft in history covered up under the guise of national security.”



https://www.rt.com/usa/426643-lee-camp-pentagon-theft/


As I've said before, the United States of America is the most corrupt country on the face of the Earth. To those of you who think Nigeria is just so terrible that you can't think of nothing else, this one is for you. grin They have stolen more money than all the politicians ever voted to office in all of Africa in just one department of government. grin


www.theriseofsodom..com

Ase

Love Sango

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Re: $21 Trillion Lost: Largest Theft In History Under Guise Of US National Security by romme2u: 1:55am On May 16, 2018
shocked

Government is the highest ponzi scheme of all time.............A massive redistribution of wealth from the have-not to the have-more

They gather money from citizens through tax, royalties n other revenue.......then scatter it into programmes that will end in politicians pockets in the guise of developments and security.

The reason you see politicians fighting and killing each other over who controls the redistribution of the largess so as to get the lion share and favour his cronies. That is why politics is a do or die affair especially in third world countries where winner takes all.

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Re: $21 Trillion Lost: Largest Theft In History Under Guise Of US National Security by MANNABBQGRILLS: 2:07am On May 16, 2018
The richest man in the world does not even have 1/100 of that amount!!!
Re: $21 Trillion Lost: Largest Theft In History Under Guise Of US National Security by justtoodark: 6:31am On May 16, 2018
KingSango:



As I've said before, the United States of America is the most corrupt country on the face of the Earth. To those of you who think Nigeria is just so terrible that you can't think of nothing else, this one is for you. grin They have stolen more money than all the politicians ever voted to office in all of Africa in just one department of government. grin


www.theriseofsodom..com

Ase

Love Sango



good job,priest..........
Re: $21 Trillion Lost: Largest Theft In History Under Guise Of US National Security by bonechamberlain(m): 12:22pm On May 16, 2018
KingSango:



As I've said before, the United States of America is the most corrupt country on the face of the Earth. To those of you who think Nigeria is just so terrible that you can't think of nothing else, this one is for you. grin They have stolen more money than all the politicians ever voted to office in all of Africa in just one department of government. grin


www.theriseofsodom..com

Ase

Love Sango


well said, the difference with American corruption is that they don't sholve it on their citizens faces and they steal and loot through all their phony wars, and overestimated military equipments. but here in naija money meant for roads are looted, for military equipment are looted, for electricity are looted without u seeing what the money was used for. Americans most time see what their money was used for only that the money is overestimated or padded.

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Re: $21 Trillion Lost: Largest Theft In History Under Guise Of US National Security by KingSango(m): 4:50pm On May 16, 2018
bonechamberlain:
well said, the difference with American corruption is that they don't sholve it on their citizens faces and they steal and loot through all their phony wars, and overestimated military equipments. but here in naija money meant for roads are looted, for military equipment are looted, for electricity are looted without u seeing what the money was used for. Americans most time see what their money was used for only that the money is overestimated or padded.


In Afrika I just think it hurts more because the continent is still in recovering from slavery and colonialism. However, I am aware that the corruption actually starts externally not internally, surrounding the kingdoms of Afrika with agents against progress. When the people get out of their slumber and return to supporting their kingdoms the solution will be reached.

Ase

Love Sango
Re: $21 Trillion Lost: Largest Theft In History Under Guise Of US National Security by KingSango(m): 4:56pm On May 16, 2018
Zoharariel:
Hahahahahahahahahaaaaa! Money is being printed out of thin air in Amerika. grin

We must, as a matter urgency dump this useless “PetroDollar” in favour of “PetroYuan”. grin


Or eliminate currency altogether. Mansa Musa the Fulani Emperor he was a genius and the richest man in history who devalued gold he had so much of it. West Afrika has all the resources it needs, its the same land Mansa Musa ruled over, the same land Alaafin Sango established his West Afrika trade coalition that prospered Yorubas for centuries. This is how come its Yorubas in Benin, Ghana and all the way to Freetown Sierra Leone and Dakar, Senegal. I know the history and I know exactly how it was done and can be done again where we devalue all money coming into West Afrika making Black Afrika the richest land on Earth. grin


https://www.youtube.com/watch?v=e8kYOphEpmQ


Ase

Love Sango

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