From Lee Camp's 5-14-18 Truthdig article entitled "The Pentagon Can't Account for 21 Trillion (That's Not a Typo)":
A couple of years ago, Mark Skidmore, an economics professor, heard Catherine Austin Fitts,
former assistant secretary in the Department of Housing and Urban
Development, say that the Department of Defense Office of Inspector
General had found $6.5 trillion worth of unaccounted-for spending
in 2015. 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.”
So he went and looked at the inspector general’s report, and he found something interesting: It was trillion [...].
Skidmore did a little more digging. As Forbes reported in December 2017,
“[He] and Catherine Austin Fitts … conducted a search of government
websites and found similar reports dating back to 1998. 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.”
To read the rest of Camp's article, click HERE.
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