Saturday, January 16, 2021
ECONOMY The Pentagon's Books Are So Bad No One Can Balance Them

The Pentagon’s Books Are So Bad No One Can Balance Them

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By Mac Slavo


 

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The Department of Defense is the world’s worst bookkeeper. The books are so atrocious that they are wrong about everything and it’s impossible to detect just how bad the fraud and corruption that runs rampant through the Pentagon has become.

Journalist Matt Taibbi told RT’s Lee Camp that he discovered it’s not possible to make any sense of the books.

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Taibbi recently dove headfirst into the insanity that is the Pentagon’s finances to find out how a much-lauded audit of the organization, (which receives half a trillion dollars a year) failed to give the DoD either a pass or fail. What Taibbi found was that the Pentagon operates under a system that is inherently unable to provide financial accountability, he said during an interview on Redacted Tonight.

“It’s organized so badly that when the Pentagon at the end of every year goes to ask for more money for the next year… they invent the numbers because they have no audit trail. They submit all those numbers to the Congress, saying we spent this on that, but they don’t actually have the documents,” he said. “The sheer quantity of the numbers makes it impossible to detect anything like fraud or theft because the books are all wrong at every single level of the system.

The massive amount of waste and corruption is unbelievable, yet it’s impossible to even get a handle on just how bad it has become. Taibbi also says that there is no way the Pentagon will ever change the way they do their books unless there is reform to how they receive their money. Unless the Pentagon cuts off weapons contractors, there will never be any type of reform – so don’t hold your breath.

“The people who sit on the Armed Services Committee and the Appropriations Committee are going to be primarily funded by military contractors. Which means that none of those people are ever going to approve any measure that threatens to stop funding of the Pentagon until they get their books in order,” Taibbi said.  “And the only way you can make the Pentagon make their books in order is to yank the money.”

The Pentagon is not known for their ability to reason or be responsible unless it’s providing “reasons” that they should be responsible for the deaths of millions across the globe.

*Side Note: Taibbi added that he sees the “Russiagate” hoax to be the biggest blow to mainstream media’s reputation since the “weapons of mass destruction” fiasco under the Bush administration.

Republished with permission SHTF Plan

 


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2 COMMENTS

  1. Start with the Procurement Department. They probably have two sets of books and merge them before presenting them for review. “Are you sure you don’t have another set of books?” “No sir, this is the only tomb – now.”

  2. Meh, It’s Matt Taibi, radical leftist from Rolling Stone magazine, a radical left wing dishrag. Just makes me question how accurate he is here.

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