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(   US Defense department cannot account for 25% of spending   ( divider line
    More: Asinine  
•       •       •

3385 clicks; posted to Main » on 20 Feb 2002 at 1:10 AM (15 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

67 Comments     (+0 »)

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2002-02-20 09:50:04 AM  
Like this is news, it's a commonality, and not newsworthy.

Next topic please
2002-02-20 10:23:28 AM  
2.3 trillion dollars equals about a decade worth of military budget. I think they got the numbers mixed up. Probably 2.3 billion.
2002-02-20 11:11:34 AM  
Financial responsibility, everybody.
2002-02-20 12:07:38 PM  
how do you guys think the army pays off people? with pocket change? just because you have guns dosen't mean you can use them all the time, sometimes you must grease the pole a little bit.
2002-02-20 12:21:18 PM  
Should have used the Obvious tag.
2002-02-20 12:24:49 PM  
Bbb You don't know what the fark you are talking about. Those prices came from specific itemized pricing, not some averaging technique. But I'm sure you and others can repeat this lie enough times to make it conventional wisdom very soon.
2002-02-20 12:24:50 PM  
shiat, I'm impressed the Pentagon can actually account for 75% of their budget...
2002-02-20 12:29:30 PM  
Biggest waste of DOD money?

Linda "Piggy" Tripp
2002-02-20 02:07:58 PM  
I'm with Sonikku, this is how they pay for projects we aren't allowed to know about. You think the secret government eggo project just pays for itself?

[image from too old to be available]
2002-02-20 03:33:11 PM  
You'd think that they would be able to show where the money went, even if they wheren't specific.

something like

Guns $100 Billion
Missles $1 trillion
SECRET shiat $2.3 trillion.
2002-02-20 03:40:05 PM  
I think it would be a great service to the enemys of our nation if we explained where every single dollar of our denfense spending went. Imagine
300k to undercover AQ informant,
Mustafa Smoksalout
420 W Taliban Lane
Tora Bora Afghanistan.

Whee that is a great idea... nimrods
2002-02-20 03:43:43 PM  
I'd be worried about an EQUALLY powerful enemy knowing about defence spending.

You are also under the assumption that the money is actually being used as it was intended for. And as far as I can see, there is no rational reason to do that.
2002-02-20 03:53:30 PM  
The real news regarding gub-mint spending is the one agency that actually can manage its money correctly... it's in my files here somewhere... I'll get back to you with the name... keep checking the thread every few minutes... it's here... I'm sure of it...
2002-02-20 03:56:54 PM  
I can't see how we can justify increasing the defense budget when we LOST 25% of it. You can't just "accidentally" lose 25% of our military budget.
2002-02-20 04:00:19 PM  
Grundular: You think that's bad, come look at this pile of "IOU's" in Social Security. Wonder where all that money went?
2002-02-20 05:46:40 PM  
You seem to forget the billions of dollars in contracting funds that the DOD has spent on Boeing, General Dynamics, Lockheed and dozens of other contractors; yet we have nothing to show. Many large contracts are yet to be reconciled, billions of dollars of hardware the government paid for hasnt been received. Its the private industries that havent given goods for the money we paid.

Oh and the contracting people? They get CHARGED an arm and a leg. The public sector loves government contracts, they toss out a bid and if nobody else bids, we pay. We dont have many options.

We're also cutting down on personnel through privatization and reengineering, but the monies saved dont just appear in the coffers. Many studies take years to begin to see savings.
2002-02-20 11:19:48 PM  
Why don't you boys have a Pepsi?

Three words:

Ace Tomato Company.
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