Twenty-one trillion dollars.
The Pentagon’s own numbers show that it can’t account for 21 trillion dollars. Yes, I said TRILLION.
But I’ll get back to that in a moment.
There are particular things the human mind isn’t meant to do. Our complex brains can’t view the world in infrared, cannot spell words backward during orgasm and cannot truly grasp numbers over a few thousand. A few thousand, we can feel and conceptualize. We’ve been in stadiums with several million individuals. We have an idea of what that looks like (and how sticky the floor gets).
However, when we get into the millions, we lose it. It becomes a fog of crap. Visualizing it seems like trying to hug a memory. We may know what $1 million can buy (and we may want that thing), but you probably don’t know how tall a stack of a million $1 bills is. You probably don’t know how long it requires a minimum-wage worker to create $1 million.
That is why trying to understand–really understand–that the Pentagon spent 21 trillion unaccounted-for dollars between 1998 and 2015 washes over us like your mother telling you that your third cousin you met twice is getting divorced. It appears vaguely upsetting, but you forget about it 15 seconds later because… what else is there to do?
But let’s get back to the beginning. A couple of years back, Mark Skidmore, an economics professor, heard Catherine Austin Fitts, former assistant secretary in the Department of Housing and Urban Development, say that the Department of Defense Office of Inspector General had found $6.5 trillion worth of unaccounted-for spending in 2015. Skidmore, being an economics professor, thought something like, “She means $6.5 billion. Not trillion. But still, $6.5 billion of unaccounted-for cash is a crazy amount.”
So he went and looked at the inspector general’s report, and he found something interesting: It was trillion! It’s indeed way over the U.K.’s GDP.
Skidmore did a little more digging. As Forbes reported in December 2017,”[He] and Catherine Austin Fitts… ran a search of government websites and found similar reports dating back to 1998. While the documents are incomplete, original government sources indicate $21 trillion in unsupported adjustments are reported to the Department of Defense and the Department of Housing and Urban Development for the years 1998-2015.”
Let us stop and take a second to conceive just how much $21 trillion is (that you can not because our brains short-circuit, but we’ll try anyway).
1. The quantity of money supposedly in the stock exchange is $30 trillion.
2. The GDP of the United States is $18.6 trillion.
3. Picture a stack of money. Now imagine that that stack of bucks is all $1,000 bills. Each invoice says”$1,000″ on it. How high do you imagine that pile of dollars could be if it were $1 trillion.
4. Imagine you make $40,000 a year. How long would it take you to earn $1 trillion? Well, don’t sign up for this task, because it might take you 25 million years (which sounds like a long time, but I hear that the past 10 million fly by because you already know your way around the workplace, where the coffee machine is, etc.).
5. The total US National Debt is now just a little over $21 Trillion!
The human mind is not intended to consider a trillion dollars.
And it’s not meant to think about the $21 trillion our Department of Defense can not account. These numbers seem bananas!
However, the 21 trillion number comes from the Department of Defense Office of Inspector General–the OIG. Although, as Forbes pointed out,” after Mark Skidmore started inquiring about OIG-reported unsubstantiated adjustments, the OIG’s webpage, which recorded, albeit in a highly incomplete fashion, these unsupported”accounting adjustments,” was mysteriously taken down.”
Luckily, people had already grabbed copies of this report, which–for now–you can view here.
Here’s something else important from that Forbes article–which is one of the only mainstream media articles you can find on the biggest theft in American history:
Given that the entire Army budget in the fiscal year 2015 was $120 billion, unsupported adjustments were 54 times the amount of spending authorized by Congress.
That is right. The expenses with no explanation were 54 times the actual budget allotted by Congress. Well, it’s great to see Congress is doing 1/54th of its job of overseeing military spending (that’s more than I thought Congress was performing ). This would seem to imply that 98 percent of every dollar spent by the Army in 2015 was unconstitutional.
So, pray to tell, what did the OIG say caused all this unaccounted-for spending that makes Jeff Bezos’ net worth seem like that of a man jingling a tin can on the street corner?
“[The July 2016 inspector general] report indicates that unsupported adjustments are the result of the Defense Department’s’failure to correct system deficiencies.'”
They blame trillions of dollars of mysterious spending a”failure to correct system deficiencies”?
Say it slowly to yourself.
There are no legitimate explanations for this amount of unaccounted-for, unconstitutional spending. Right now, the Pentagon is being audited for the first time, and it’s taking 2,400 auditors to do it. I’m not holding my breath that they’ll be allowed to get to the bottom of the.
But if the American people truly understood this amount, it would change the nation and the world. It means that the dollar is sprinting down a path toward useless. If the Pentagon is hiding spending that dwarfs the amount of tax dollars coming into the federal government, then it’s clear that the government is printing however much it needs and thinking there are not any consequences.
More importantly, once these trillions are considered, our fiat currency has even less meaning than it does, and it’s only a matter of time before inflation runs wild.
Bottom line: It also means that any time our government says it”doesn’t have cash” or needs to increase taxes for a project, is laughable.