Wanna hear about 2.3 Trillion Dollars waste by socalled American officials?
From: Barbara Schwarz (StilllovingMarty_at_myway.com)
Date: 06/11/04
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Date: 11 Jun 2004 13:16:21 -0700
Check that out below. My FOIA requests prove that there are many
federal officials that waste governmental money by having other fish
to fry than doing a lawful and American job.
Those officials not doing their jobs wasted 2.3 Trillion Dollars.
Isn't it odd that socalled American officials don't know where tax
payers money is?
20/20, John Stossel reported recently that federal employees use
federal credit cards to buy private things, e.g. are very active in
unlawful spending. They stole 1.1 Trillion Dollars! That is $ 4000 for
each American!
And how dare me, right, to mail requests for information to them and
then sue them because they are not doing their job but instead being
shoping and conspiring and wasting tax payers money.
Barbara Schwarz
FreeRepublic.com "A Conservative News Forum"
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THE WAR ON WASTE - Rumsfeld Says 2.3 Trillion Dollars Missing
CBS News ^ | January 29, 2002 | By Vince Gonzales
Posted on 02/01/2002 2:41:48 PM PST by Uncle Bill
THE WAR ON WASTE
Defense Department Cannot Account For 25% Of Funds — $2.3 Trillion
On Sept. 10, Secretary of Defense Donald Rumsfeld declared war. Not on
foreign terrorists, "the adversary's closer to home. It's the Pentagon
bureaucracy," he said.
He said money wasted by the military poses a serious threat.
"In fact, it could be said it's a matter of life and death," he said.
Rumsfeld promised change but the next day – Sept. 11-- the world
changed and in the rush to fund the war on terrorism, the war on waste
seems to have been forgotten.
Just last week President Bush announced, "my 2003 budget calls for
more than $48 billion in new defense spending."
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.
Minnery, a former Marine turned whistle-blower, is risking his job by
speaking out for the first time about the millions he noticed were
missing from one defense agency's balance sheets. Minnery tried to
follow the money trail, even crisscrossing the country looking for
records.
"The director looked at me and said 'Why do you care about this
stuff?' It took me aback, you know? My supervisor asking me why I care
about doing a good job," said Minnery.
He was reassigned and says officials then covered up the problem by
just writing it off.
"They have to cover it up," he said. "That's where the corruption
comes in. They have to cover up the fact that they can't do the job."
The Pentagon's Inspector General "partially substantiated" several of
Minnery's allegations but could not prove officials tried "to
manipulate the financial statements."
Twenty years ago, Department of Defense Analyst Franklin C. Spinney
made headlines exposing what he calls the "accounting games." He's
still there, and although he does not speak for the Pentagon, he
believes the problem has gotten worse.
"Those numbers are pie in the sky. The books are cooked routinely year
after year," he said.
Another critic of Pentagon waste, Retired Vice Admiral Jack Shanahan,
commanded the Navy's 2nd Fleet the first time Donald Rumsfeld served
as Defense Secretary, in 1976.
In his opinion, "With good financial oversight we could find $48
billion in loose change in that building, without having to hit the
taxpayers."
©MMII, CBS Worldwide Inc. All Rights Reserved.
1.1 Trillion Dollars Missing At Defense Department
3,400,000,000,000(Trillion) of Taxpayers' Money Is Missing
Federal Government and Congress To Lower Boom On Enron - Criminal,
Fraud, Waste, Accounting Methods
SPENDING BILL LARGEST EVER
Enron has 42 contracts with the federal Government, including the
supply of chemicals to the Pentagon. "Arthur Andersen" has 64
contracts covering a range of consulting services.
"How do we know we need $48 billion since we don't know what we're
spending and what we're buying?"
Retired Vice Admiral Jack Shanahan
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