The Pentagon and HUD can’t account for $21 trillion over just the past 17 years – enough money to pay back the current U.S. national debt.

The amount unaccounted for over this period adds up to $65,000 for each man, woman and child resident in America.

By comparison, the cost per taxpayer of all U.S. wars waged since 9/11 has been $7,500 per taxpayer. That sum is also larger than the current national debt.

By: MR MAGA @DiagonalDoug

A new report analyzing the budgets of both the Department of Defense (DOD) and the Department of Housing and Urban Development (HUD), found that between 1998 and 2015, these two departments alone ‘lost’ over $21 trillion in taxpayer funds.

The Reuters article brought to our attention the budgeting practices of the DOF, specifically the U.S. Army, revealing the department had “lost” $6.5 Trillion in 2015 due to “wrongful budget adjustments.” Half, $2.8 trillion, was lost in one quarter.

U.S. Army fudged its accounts by trillions of dollars, auditor finds

The United States Army’s finances are so jumbled it had to make trillions of dollars of improper accounting adjustments to create an illusion that its books are balanced. The Defense Department’s Inspector General, in a June report, said the Army made $2.8 trillion in wrongful adjustments to accounting entries in one quarter alone in 2015, and $6.5 trillion for the year. Yet the Army lacked receipts and invoices to support those numbers or simply made them up.

As a result, the Army’s financial statements for 2015 were “materially misstated,” the report concluded. The “forced” adjustments rendered the statements useless because “DoD and Army managers could not rely on the data in their accounting systems when making management and resource decisions.” Disclosure of the Army’s manipulation of numbers is the latest example of the severe accounting problems plaguing the Defense Department for decades. [2]

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This is the story that the Main Stream Media does not want to talk about. They will distract us with scandals, divisive politics, entertainment, advertisements, ANYTHING to get your eyes off the $21 Trillion Dollar Prize.

This public led audit does not include other agencies to my knowledge. There’s no telling how massive this number really gets when we include all federal state and local governments lost/wasted spending.

We could be talking about hundreds of trillions since WW2, gone, just disappeared. Nobody knows where it went, and nobody wants to answer the question or maybe they don’t even know. The problem is the biased, complacent MSM, journalist as a whole, Congress, Government accountants, etc. Why is nobody holding anyone accountable?

U.S. Lost $11.2 Billion in GM Bailout, TARP Report Says

The U.S. Treasury’s bailout fund lost $11.2 billion on the rescue of General Motors Co. with the government’s exit of the largest U.S. automaker, a report said. [3]

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The media hardly ever mentions anything about it. What are they talking about instead? What could be more important than our money missing? Congress failed, the accountants are silent, and the American Public is duped and distracted.

Instead we are divided and fight among ourselves. We fight over statues, skin color, labels and even the NFL. All the while we have been robbed by the same people making decisions, determining what’s right for us, and what’s wrong for us.

Wake up! This is a national security issue that threatens our civilization to the core. It is the difference between having complete meltdown of accountability and a valid government that is transparent and listens and responds to the people who elected them.

The Federal Reserve’s ‘breathtaking’ $7.7 trillion bank bailout

A new report by Bloomberg Markets Magazine details trillions of dollars in secret federal loans made to the big banks during the 2008 financial crisis, a process that helped them rake in billions of dollars in undisclosed profits. Here, some key numbers that illuminate the Federal Reserve’s “breathtaking” $7.7 trillion bank bailout:

29,000 – Pages of federal documents, courtesy of the Freedom of Information Act, and central bank records that Bloomberg combed through to reveal a “fresh narrative of the financial crisis”

More than 21,000 – Number of transactions detailed in those pages

$7.7 trillion – Amount in undisclosed loans the Federal Reserve made to struggling financial institutions,

according to the new Bloomberg report. That “dwarf[s] the Treasury Department’s better-known $700 billion Troubled Asset Relief Program [TARP],” say Bob Ivry, Bradley Keoun, and Phil Kuntz at Bloomberg

$13 billion
Estimated amount in previously undisclosed profits the six largest banks —  JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs Group, and Morgan Stanley — took in, thanks to those loans and the Fed’s below-market rates. Unlike the TARP funds, “the loans came with virtually no strings attached for the banks,” says Travis Waldron at Think Progress

$160 billion
Amount in TARP funds the big six received

As much as $460 billion
Amount the big six borrowed from the Fed, as calculated by Bloomberg and measured by peak daily debt

$1.2 trillion
Amount that banks referenced in the new report required on Dec. 5, 2008, “their single neediest day.” The Federal Reserve didn’t reveal to anyone which banks were in such dire need, say Ivry, Keoun, and Kuntz, and “bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy.”

$86 billion
Amount that Bank of America Corp. owed the central bank when then-CEO Kenneth D. Lewis wrote shareholders saying that he was at the helm of “one of the strongest and most stable banks in the world” on Nov. 26, 2008

$107 billion
Amount in secret loans that Morgan Stanley took in a single month, in September 2008

1 out of 10
Share of the country’s delinquent mortgages that amount could have paid off

$6.8 trillion
Total assets held by the big six on Sept. 30, 2006

$9.5 trillion
Total held on Sept. 20, 2011. Rather than help curb the practice that caused the financial crisis, “the Fed and its secret financing helped America’s biggest financial firms get bigger and go on to pay employees as much as they did at the height of the housing bubble,” say Ivry, Keoun, and Kuntz

Sources: Bloomberg, Business Insider, Think Progress, The Week

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So, what is going on? Where is the money? How could this happen for so long? How much is really missing? What would happen if a business failed an audit like this? Or us, citizens? We would be held accountable.

This means the FED and their member banks are transacting government money outside the law. So are the corporate contractors that run the payment systems. So are the Wall Street firms who are selling government securities without full disclosure. Would your banks continue to handle your bank account if you behaved like this? Would your investors continue to buy your securities if you behaved like this? Would your accountant be silent? Well neither should you. Unaccountable transactions usually mean excessive waste fraud, but are these agencies really just burning our money? Is the Pentagon spending money on black ops like the secret space program, etc. What is going on? Is it all landing in someone’s pocket? Is it a laundering scheme? Your guess is as good as mine, but if I were a betting man, I’d say all of the above.

Here’s a link from 2001 when Donald Rumsfeld warned us the day before the tragedy of 9/11 – Youtube

Here’s an excerpt from the US Constitution on the US Treasury and the accountability which was intended:

What do you think?🤔 I think we need answers and I also think we all need to put party aside to hold the people we elected accountable. The media keeps us occupied. 😉

After all, it’s our money!

 

[1] Solari Report

[2] Reuters

[3] Bloomberg

 

Related Reading:
The Missing Money
$4 Trillion + Missing Money: What’s the Action?
The Financial Coup d’État & Missing Money: Links
The Financial Coup & Missing Money: Quotes
DOD Inspector General SemiAnnual Report to Congress: 10/1/16-3/31/17

Forbes Magazine: 21 Trillion Missing from U.S. Treasury

ADN Related Links:

Main Post – $21 Trillion Missing – Undocumentable Adjustments: DoD and HUD

Section 1 – U.S. contributions to the U.N. / International Aid

Section 2 – Paris Agreement COP 21 / Green Climate Fund

Section 3 – Secr of State HRC missing $6Billion

Series 4 – Pentagon (Dept of Defense) $29-33 Trillion reported unaccounted for

Series 5 – Puerto Rico 2017 Hurricane Aid