The pentagon cant track trillions of dollars it claimed to have as part of its budget. Im of the persuasion that the legitimacy of all government figures are in questiin. I dont assume that the government produces financial reports for honest clarity of its operations, but rather as a means of creating the facade of authority and legitimacy. Ill leave this here for folks in the know: FASAB Statement 56 - read this, an uncomfortable dose of reality about how the US "reports" its financials.

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Chad Lupkes's avatar
Chad Lupkes 1 year ago
That's true, and the timing of 911 being the day after the Secretary of Defense pledged a full overhaul of the Pentagon budget in order to start tracking that money more accurately has never sat well with me. I remember watching that news conference with a sense of hope and then waking up the next morning to a sense of dread.
Yep. And then years later FASAB 56 essentially removed the requirement of being able to account for things when.....conducting "accounting". Clown world for sure.