this is why we can't afford health care
Pepe Silvia
Posts: 3,758
proving the military budget is extremely overinflated
http://www.cbsnews.com/stories/2002/01/ ... 5985.shtml
More money for the Pentagon, CBS News Correspondent Vince Gonzales reports, while its own auditors admit the military cannot account for 25 percent of what it spends.
"According to some estimates we cannot track $2.3 trillion in transactions," Rumsfeld admitted.
$2.3 trillion — that's $8,000 for every man, woman and child in America. To understand how the Pentagon can lose track of trillions, consider the case of one military accountant who tried to find out what happened to a mere $300 million.
"We know it's gone. But we don't know what they spent it on," said Jim Minnery, Defense Finance and Accounting Service.
http://www.nytimes.com/2004/06/09/us/na ... ckets.html
The Defense Department spent an estimated $100 million for airline tickets that were not used over a six-year period and failed to seek refunds even though the tickets were reimbursable, congressional investigators say. The department compounded the problem by reimbursing employee claims for tickets bought by the Pentagon, the investigators said. The General Accounting Office issued the findings in two reports on the Pentagon's lack of control over airline travel, copies of which The Associated Press obtained. The office concluded that the waste, from 1997 to 2003, went undetected because the department relied on individuals to report the unused tickets, and they did not do so. The Pentagon said it was working to ensure it received credit in the future for each unused ticket.
http://www.sfgate.com/cgi-bin/article.c ... 251738.DTL
WHAT HAPPENED TO $1 TRILLION?
Though Defense has long been notorious for waste, recent government reports suggest the Pentagon's money management woes have reached astronomical proportions. A study by the Defense Department's inspector general found that the Pentagon couldn't properly account for more than a trillion dollars in monies spent. A GAO report found Defense inventory systems so lax that the U.S. Army lost track of 56 airplanes, 32 tanks, and 36 Javelin missile command launch-units.
And before the Iraq war, when military leaders were scrambling to find enough chemical and biological warfare suits to protect U.S. troops, the department was caught selling these suits as surplus on the Internet "for pennies on the dollar," a GAO official said.
Given these glaring gaps in the management of a Pentagon budget that is approaching $400 billion, the coming debate is shaping up as a bid to gain the high ground in the battle against waste, fraud and abuse.
http://www.cbsnews.com/stories/2002/01/ ... 5985.shtml
More money for the Pentagon, CBS News Correspondent Vince Gonzales reports, while its own auditors admit the military cannot account for 25 percent of what it spends.
"According to some estimates we cannot track $2.3 trillion in transactions," Rumsfeld admitted.
$2.3 trillion — that's $8,000 for every man, woman and child in America. To understand how the Pentagon can lose track of trillions, consider the case of one military accountant who tried to find out what happened to a mere $300 million.
"We know it's gone. But we don't know what they spent it on," said Jim Minnery, Defense Finance and Accounting Service.
http://www.nytimes.com/2004/06/09/us/na ... ckets.html
The Defense Department spent an estimated $100 million for airline tickets that were not used over a six-year period and failed to seek refunds even though the tickets were reimbursable, congressional investigators say. The department compounded the problem by reimbursing employee claims for tickets bought by the Pentagon, the investigators said. The General Accounting Office issued the findings in two reports on the Pentagon's lack of control over airline travel, copies of which The Associated Press obtained. The office concluded that the waste, from 1997 to 2003, went undetected because the department relied on individuals to report the unused tickets, and they did not do so. The Pentagon said it was working to ensure it received credit in the future for each unused ticket.
http://www.sfgate.com/cgi-bin/article.c ... 251738.DTL
WHAT HAPPENED TO $1 TRILLION?
Though Defense has long been notorious for waste, recent government reports suggest the Pentagon's money management woes have reached astronomical proportions. A study by the Defense Department's inspector general found that the Pentagon couldn't properly account for more than a trillion dollars in monies spent. A GAO report found Defense inventory systems so lax that the U.S. Army lost track of 56 airplanes, 32 tanks, and 36 Javelin missile command launch-units.
And before the Iraq war, when military leaders were scrambling to find enough chemical and biological warfare suits to protect U.S. troops, the department was caught selling these suits as surplus on the Internet "for pennies on the dollar," a GAO official said.
Given these glaring gaps in the management of a Pentagon budget that is approaching $400 billion, the coming debate is shaping up as a bid to gain the high ground in the battle against waste, fraud and abuse.
don't compete; coexist
what are you but my reflection? who am i to judge or strike you down?
"I will promise you this, that if we have not gotten our troops out by the time I am president, it is the first thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank." - Barack Obama
when you told me 'if you can't beat 'em, join 'em'
i was thinkin 'death before dishonor'
what are you but my reflection? who am i to judge or strike you down?
"I will promise you this, that if we have not gotten our troops out by the time I am president, it is the first thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank." - Barack Obama
when you told me 'if you can't beat 'em, join 'em'
i was thinkin 'death before dishonor'
Post edited by Unknown User on
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take a good look
this could be the day
hold my hand
lie beside me
i just need to say
if you delete your comment i can delete and repost in the right forum
what are you but my reflection? who am i to judge or strike you down?
"I will promise you this, that if we have not gotten our troops out by the time I am president, it is the first thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank." - Barack Obama
when you told me 'if you can't beat 'em, join 'em'
i was thinkin 'death before dishonor'
take a good look
this could be the day
hold my hand
lie beside me
i just need to say