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News Link • Government Debt & Financing

Report: Pentagon & HUD 'Lost' $21 TRILLION! – Should We Look For A New Terror Attack...

• http://www.dcclothesline.com, by Tim Brown

Now, if this was in any private sector venture, no one at the top would have a job and there would probably be some civil prosecution that would take place, but it's government.  So, all parties involved will not be fire and will enjoy a long and profitable retirement compliments of the very people whose money they "lost."

A new report by Dr. Mark Skidmore, a professor of economics at Michigan State University, and Catherine Austin Fitts, former assistant secretary of housing analyzed the budgets of both the Department of Defense (DOD) and the Department of Housing and Urban Development (HUD) and discovered that these two departments alone lost over $21 trillion in taxpayer funds between 1998 and 2015,

The report indicates that the "losses" were a direct result of "unsupported journal voucher adjustments" made to the departments' budgets.

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