$4 Trillion + Missing Money: What's the Action?

[Ed Jewett]

$4 Trillion + Missing Money: What's the Action?

Catherine, Daily Musings, News & Commentary on September 29, 2011 at 5:09 pm

By Catherine Austin Fitts
Someone called last night to talk about "the missing money" or $4 trillion plus missing from the United States government. They were keen to figure out what the solution was, given that the US government has had many years to produce audited financial statements.
The requirement kicked in as of 1995. Sixteen years later, citizens still can't get clean financials. Numerous agencies can not balance their books, with outstanding undocumentable adjustments and liabilities of enormous size.
In terms of dollar size, the Department of Defense is the mother load of missing money. Question is, can we understand, let alone solve the problem by changing DOD or how their money works?
If you step back and look at the financial flows in and around DOD, the problem is far bigger than something the US military can control. Our challenge is a global central banking warfare model involving millions of enterprises and billions of people. That is why I believe step #1 is transparency. Before we craft solutions, let's ask and answer some important questions.
Where has all the missing money gone?
How do we get the money back? Or title/ownership to the assets financed? Or a common law offset against the assets of those who spent it outside of the law?
What is the black budget and what is it funding? Who governs it and why are they behaving the way they do?
Why are private defense contractors allowed to own and control classified technology? Why should government resources fund them doing so?
What invisible technology and advanced weaponry has been funded by the black budgets? It is possible to induce earthquakes, tsunamis and other forms of weather manipulation?
Why are defense contractors operating DOD systems related to accounting and payment?
Why are the contracting budgets at DOD not public information?
Did the missing money and bailouts fund private endowments to finance private armies controlled by private investment and corporate interests?
If yes, do we need the DOD to protect us against them?
I believe that whatever the reforms considered, one of the critical questions is whether it returns the governance of national security resources to career military as opposed to private investment and corporate interests.
I don't know about you, but I have more confidence in the Office of Naval Intelligence than in Goldman Sachs.

[Magda Hassan]

It's just a hunch but I bet the DoD will be classed as too big to fail....and the money will keep on rolling in.

[Peter Lemkin]

[URL="http://911research.wtc7.net/sept11/trillions.html"]Missing Trillions
[/URL] Rumsfeld Buries Admission of Missing 2+ Trillion Dollars in 9/10/01 Press Conference

On September 10, 2001, Secretary of Defense Donald Rumsfeld held a press conference to disclose that over $2,000,000,000,000 in Pentagon funds could not be accounted for. Rumsfeld stated: "According to some estimates we cannot track $2.3 trillion in transactions." According to a report by the Inspector General, the Pentagon cannot account for 25 percent of what it spends. 1 2

Such a disclosure normally might have sparked a huge scandal. However, the commencement of the attack on New York City and Washington in the morning would assure that the story remained buried. To the trillions already missing from the coffers, an obedient Congress terrorized by anthrax attacks would add billions more in appropriations to fight the "War on Terror."

The Comptroller of the Pentagon at the time of the attack was Dov Zakheim, who was appointed in May of 2001. Before becoming the Pentagon's money-manager, he was an executive at System Planning Corporation, a defense contractor specializing in electronic warfare technologies including remote-controlled aircraft systems. 3 4 Zakheim is a member of the Project for a New American Century and participated in the creation of its 2000 position paper Rebuilding America's Defenses which called for "a New Pearl Harbor." 5

Estimates of the sums of money missing vary wildly. A 2003 report put the amount missing at "more than a trillion dollars." 6
References

1. The War On Waste, CBSnews.com, 1/29/02 [cached]
2. Vince Gonzales Investigates The Pentagon's War On Waste, CBSNews,
3. Radar Physics Group, sysplan.com, [cached]
4. Flight Termination System, sysplan.com, [cached]
5. Profile, Dov S. Zakheim, rightweb.irc-online.org, 11/22/03 [cached]
6. Military waste under fire: $1 trillion missing, San Francisco Chronicle, Sunday, May 18, 2003 [cached]

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The poor get hounded for money they owe and can loose everything if they can't pay up....the rich and the Big Boys just make the fact that its missing disappear.....its MAGIC!
Anyway, what's 6 Trillion or so....could hardly buy anything, these days.....:flypig:

[Jan Klimkowski]

It's just a hunch but I bet the DoD will be classed as too big to fail....and the money will keep on rolling in.

The DoD will get Their War.

We poor preterite ones may even get to see precisely what that Black Budget was spent on....

[Ed Jewett]

It's just a hunch but I bet the DoD will be classed as too big to fail....and the money will keep on rolling in.

The DoD will get Their War.

We poor preterite ones may even get to see precisely what that Black Budget was spent on....

Fomenting war, of course...