$9 billion here, $21 trillion there...
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$9 billion here, $21 trillion there...
Pretty soon you're talking about real money.
"Unsupported adjustments", are called "journal entries" in our Quickbooks company file. It's when you've fucked up the accounting, similar to a bird's nest on your fishing reel where at some point you just say 'screw it, I'm cutting out the mess and starting over'.
Only this is $21 Trillion worth of birds nests.
Cleets likes to point out that we don't have a revenue problem. I'm seeing the light. While the sheer size of the system makes some of this inevitable and I'm sure (as pointed out) similar stuff is going on in multiple departments, but still, $21 trillion?
It also reminds me of the de Tocqueville quote about the destruction of the republic once people learn they can vote themselves more money from the treasury. That's often used by conks to describe Democratic voters on welfare. Only this time it's defense contractors with lobbyists. Not that big pharma who bills medicare is any less of a welfare whore.
This is not capitalism, folks.
https://www.truthdig.com/articles/the-p ... -trillion/
(Baldy will cry "truthdig" but the supporting article that is linked comes from Forbes)
"Unsupported adjustments", are called "journal entries" in our Quickbooks company file. It's when you've fucked up the accounting, similar to a bird's nest on your fishing reel where at some point you just say 'screw it, I'm cutting out the mess and starting over'.
Only this is $21 Trillion worth of birds nests.
Cleets likes to point out that we don't have a revenue problem. I'm seeing the light. While the sheer size of the system makes some of this inevitable and I'm sure (as pointed out) similar stuff is going on in multiple departments, but still, $21 trillion?
It also reminds me of the de Tocqueville quote about the destruction of the republic once people learn they can vote themselves more money from the treasury. That's often used by conks to describe Democratic voters on welfare. Only this time it's defense contractors with lobbyists. Not that big pharma who bills medicare is any less of a welfare whore.
This is not capitalism, folks.
https://www.truthdig.com/articles/the-p ... -trillion/
(Baldy will cry "truthdig" but the supporting article that is linked comes from Forbes)
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Re: $9 billion here, $21 trillion there...
Think about it - $21 trillion is roughly the national debt.
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Re: $9 billion here, $21 trillion there...
I think we've finally hit a number that AZ can't quip is nothing more than a "rounding error"
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Re: $9 billion here, $21 trillion there...
Obviously you guys have never seen Independence Day or 2012. Duh.
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Re: $9 billion here, $21 trillion there...
Bill Paxton was in one of those, right? I think I saw it.89Hen wrote:Obviously you guys have never seen Independence Day or 2012. Duh.
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Re: $9 billion here, $21 trillion there...
Please tell me when I've EVER said that. Find the quote, I'll wait.Chizzang wrote:I think we've finally hit a number that AZ can't quip is nothing more than a "rounding error"
In your zeal to win the smugness award on the internet you continually step on your own dick.
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Re: $9 billion here, $21 trillion there...
truthdig.
I don't think the DoD has gotten $21 trillion total since it was founded in 1947.
I don't think the DoD has gotten $21 trillion total since it was founded in 1947.
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Re: $9 billion here, $21 trillion there...
So, you're telling me I can't believe the national debt calculator I have that runs in the upper right corner of my computer screen?
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Re: $9 billion here, $21 trillion there...
Oops! Wrong GSU guy!Pwns wrote:truthdig.
I don't think the DoD has gotten $21 trillion total since it was founded in 1947.
Reading is fundamental, friend.
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Re: $9 billion here, $21 trillion there...
AZGrizFan wrote:Please tell me when I've EVER said that. Find the quote, I'll wait.Chizzang wrote:I think we've finally hit a number that AZ can't quip is nothing more than a "rounding error"
In your zeal to win the smugness award on the internet you continually step on your own dick.
Lighten up Frances... I was just poking fun
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Re: $9 billion here, $21 trillion there...
Kalm, I've seen stories like this before. Usually on websites like Infowars and Common Dreams. That doesn't mean it's wrong, but the idea of them having that much money to spend over 17 years causes the fuse to blow in the ole BS detector.kalm wrote:Oops! Wrong GSU guy!Pwns wrote:truthdig.
I don't think the DoD has gotten $21 trillion total since it was founded in 1947.
Reading is fundamental, friend.
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Re: $9 billion here, $21 trillion there...
Hint: Read my OP.Pwns wrote:Kalm, I've seen stories like this before. Usually on websites like Infowars and Common Dreams. That doesn't mean it's wrong, but the idea of them having that much money to spend over 17 years causes the fuse to blow in the ole BS detector.kalm wrote:
Oops! Wrong GSU guy!
Reading is fundamental, friend.
Re: $9 billion here, $21 trillion there...
Hmmmm...just spitballin' here, but maybe post the article from Forbes instead?kalm wrote:Pretty soon you're talking about real money.
"Unsupported adjustments", are called "journal entries" in our Quickbooks company file. It's when you've fucked up the accounting, similar to a bird's nest on your fishing reel where at some point you just say 'screw it, I'm cutting out the mess and starting over'.
Only this is $21 Trillion worth of birds nests.
Cleets likes to point out that we don't have a revenue problem. I'm seeing the light. While the sheer size of the system makes some of this inevitable and I'm sure (as pointed out) similar stuff is going on in multiple departments, but still, $21 trillion?
It also reminds me of the de Tocqueville quote about the destruction of the republic once people learn they can vote themselves more money from the treasury. That's often used by conks to describe Democratic voters on welfare. Only this time it's defense contractors with lobbyists. Not that big pharma who bills medicare is any less of a welfare whore.
This is not capitalism, folks.
https://www.truthdig.com/articles/the-p ... -trillion/
(Baldy will cry "truthdig" but the supporting article that is linked comes from Forbes)
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Re: $9 billion here, $21 trillion there...
No. I liked Lee Camp's snarky screed and I figured it might catch some of our more gullible fish.Baldy wrote:Hmmmm...just spitballin' here, but maybe post the article from Forbes instead?kalm wrote:Pretty soon you're talking about real money.
"Unsupported adjustments", are called "journal entries" in our Quickbooks company file. It's when you've fucked up the accounting, similar to a bird's nest on your fishing reel where at some point you just say 'screw it, I'm cutting out the mess and starting over'.
Only this is $21 Trillion worth of birds nests.
Cleets likes to point out that we don't have a revenue problem. I'm seeing the light. While the sheer size of the system makes some of this inevitable and I'm sure (as pointed out) similar stuff is going on in multiple departments, but still, $21 trillion?
It also reminds me of the de Tocqueville quote about the destruction of the republic once people learn they can vote themselves more money from the treasury. That's often used by conks to describe Democratic voters on welfare. Only this time it's defense contractors with lobbyists. Not that big pharma who bills medicare is any less of a welfare whore.
This is not capitalism, folks.
https://www.truthdig.com/articles/the-p ... -trillion/
(Baldy will cry "truthdig" but the supporting article that is linked comes from Forbes)
Yes!
(I even telegraphed the expedition in the OP... )
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Re: $9 billion here, $21 trillion there...
I'll kill ya!Chizzang wrote:AZGrizFan wrote:
Please tell me when I've EVER said that. Find the quote, I'll wait.
In your zeal to win the smugness award on the internet you continually step on your own dick.
Lighten up Frances... I was just poking fun
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Re: $9 billion here, $21 trillion there...
Cuz...cuz...that’s why they call you the cruiser!AZGrizFan wrote:I'll kill ya!Chizzang wrote:
Lighten up Frances... I was just poking fun
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Re: $9 billion here, $21 trillion there...
I think you've got a point there. The article says the Pentagon spent 21 trillion unaccounted-for dollars between 1998 and 2015. I don't think that much was spent in total discretionary spending over the period. I didn't look up each year but total discretionary spending, of which military spending was a little more than half, was $1.15 trillion in 2015. 1998 through 2015 is 18 years. Multiply $1.15 trillion times 18 and you get $20.7 trillion.Pwns wrote:truthdig.
I don't think the DoD has gotten $21 trillion total since it was founded in 1947.
Something's not adding up. Yes I know it wasn't $1.15 trillion in discretionary spending every year but it's going to be in the ballpark. Probably substantially less near the beginning of the period since we're not adjusting for inflation. It's probably be fairly close to guess that TOTAL military spending was somewhere in the $10 to $15 trillion range.
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Re: $9 billion here, $21 trillion there...
It’s the OIG that reported the amount and it pertains to undocumented “adjustments” to expenses within the Pentagon’s own accounting rather than what was budgeted.JohnStOnge wrote:I think you've got a point there. The article says the Pentagon spent 21 trillion unaccounted-for dollars between 1998 and 2015. I don't think that much was spent in total discretionary spending over the period. I didn't look up each year but total discretionary spending, of which military spending was a little more than half, was $1.15 trillion in 2015. 1998 through 2015 is 18 years. Multiply $1.15 trillion times 18 and you get $20.7 trillion.Pwns wrote:truthdig.
I don't think the DoD has gotten $21 trillion total since it was founded in 1947.
Something's not adding up. Yes I know it wasn't $1.15 trillion in discretionary spending every year but it's going to be in the ballpark. Probably substantially less near the beginning of the period since we're not adjusting for inflation. It's probably be fairly close to guess that TOTAL military spending was somewhere in the $10 to $15 trillion range.
Perhaps unaccounted for spending is off budget?
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Re: $9 billion here, $21 trillion there...
Fvck
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Re: $9 billion here, $21 trillion there...
Or the back side of the moon.CID1990 wrote:Fvck
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Re: $9 billion here, $21 trillion there...
Your math and post makes the argument for $21T. You total to $20.7T then admit the discretionary spending every year was was $1.15. You're not off by much.JohnStOnge wrote:I think you've got a point there. The article says the Pentagon spent 21 trillion unaccounted-for dollars between 1998 and 2015. I don't think that much was spent in total discretionary spending over the period. I didn't look up each year but total discretionary spending, of which military spending was a little more than half, was $1.15 trillion in 2015. 1998 through 2015 is 18 years. Multiply $1.15 trillion times 18 and you get $20.7 trillion.Pwns wrote:truthdig.
I don't think the DoD has gotten $21 trillion total since it was founded in 1947.
Something's not adding up. Yes I know it wasn't $1.15 trillion in discretionary spending every year but it's going to be in the ballpark. Probably substantially less near the beginning of the period since we're not adjusting for inflation. It's probably be fairly close to guess that TOTAL military spending was somewhere in the $10 to $15 trillion range.
And you guys have no clue how badly our government can waste money. You really are giving our gov't too much credit.
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Re: $9 billion here, $21 trillion there...
Not that it defeats the general point, but after reading the Forbes article listed in the original post, it should be clarified that the DoD isn't accountable for the entire 21 trillion dollars:
That said, the article also states at least 6.5 trillion dollars is specifically from the Army General Fund.
https://www.forbes.com/sites/kotlikoff/ ... 256efe7aef...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.
That said, the article also states at least 6.5 trillion dollars is specifically from the Army General Fund.
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Re: $9 billion here, $21 trillion there...
Jon. It's UNACCOUNTED FOR. As in, not in the accounting system. The government uses cash accounting methods. Which is pretty handy when you control the ability to print money.JohnStOnge wrote:I think you've got a point there. The article says the Pentagon spent 21 trillion unaccounted-for dollars between 1998 and 2015. I don't think that much was spent in total discretionary spending over the period. I didn't look up each year but total discretionary spending, of which military spending was a little more than half, was $1.15 trillion in 2015. 1998 through 2015 is 18 years. Multiply $1.15 trillion times 18 and you get $20.7 trillion.Pwns wrote:truthdig.
I don't think the DoD has gotten $21 trillion total since it was founded in 1947.
Something's not adding up. Yes I know it wasn't $1.15 trillion in discretionary spending every year but it's going to be in the ballpark. Probably substantially less near the beginning of the period since we're not adjusting for inflation. It's probably be fairly close to guess that TOTAL military spending was somewhere in the $10 to $15 trillion range.
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