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News Link • Government Waste

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

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

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.

As I stated at the beginning, whether this is public or private sector, this kind of loss would be producing prosecution and the report indicates that these kinds of adjustments are "red flags" for fraud.

Anyone could see that coming.

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