View Full Version : DOD Misplaces $2.3 Trillion - Where did it go
Anonymous
5th February 2002, 00:13
Secretary of Defence Donald Rumsfeld said on Sept 10, 2001 that 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.
''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.
"We know it's gone. But we don't know what they spent it on," said Jim Minnery, Defense Finance and Accounting Service.
STRANGE?????
Pillar of Maturity
5th February 2002, 02:27
What they didn't tell you is that the DFAS is run by former employees of Arthur Andersen.
In all seriousness, government funds go missing all the time. What makes this unique is that someone found out. Maybe Al Qaeda stole it, maybe George W. Bush stole it, or maybe it was someone else. It probably could not have been a mistake if that much is missing. That really sucks though. A ton of kids could have been fed with that money if it's $8,000 per person.
peaccenicked
5th February 2002, 18:41
US loses trillions to 'ghost army'
IAN BRUCE
THE US Defence Department has lost track of military equipment worth 10 times its £270bn annual budget in the past year, according to the General Accounting Office, the government's congressional watchdog.
The £27 trillion worth of misplaced kit represents £5700 a head for every man, woman and child in America, or 100 times more than the UK's total defence spending on its army, navy, air force and strategic nuclear deterrent submarine force for 2001-2002.
The revelation comes at a time when George W Bush, the US president, has just approved an additional emergency £34bn funding package to help the armed services tackle global terrorism in the midst of economic recession.
A new "war against waste" is about to be launched to run parallel with the war against terrorism, with the GAO ordered to crack down on the Pentagon's careless handling of everything from classified guided missile parts to payments for part-time national guard units which continue to claim for "ghost" soldiers who have resigned or are dead
pastradamus
5th February 2002, 19:34
Maybe bush spent it on cuban cigar's for the W house
Anonymous
5th February 2002, 19:53
Or he spent it on his addiction to a new toilet seat for every tolet in the white house every 30 mins.
Or the 'ghost' military, i don't know pick one.
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