“$8.5 TRILLION In Taxpayer Money Doled Out By Congress To The Pentagon Since 1996 … Has NEVER Been Accounted For”

We’ve repeatedly documented that military waste and fraud are the core problems with the U.S. economy.

For example, we’ve noted that we wouldn’t be in this crisis of hitting the debt ceiling in the first place if we hadn’t spent so much money on unnecessary wars … which are horrible for the economy.

But it goes far beyond actual fighting.  We could easily slash the military and security budget without reducing our national security.

For example, homeland security agencies wasted money on seminars like “Did Jesus Die for Klingons Too?” and training for a “zombie apocalypse” instead of actually focusing on anti-terror efforts.

Republican Senator Tom Coburn notes that the Department of Defense can reduce $67.9 billion over 10 years by eliminating the non-defense programs that have found their way into the budget for the Department of Defense.

BusinessWeek and Bloomberg point out that we could slash military spending without harming our national security. Indeed, we could slash boondoggles that even the generals don’t want.

BusinessWeek provides a list of cost-cutting measures which will not undermine national security. American Conservative does the same.

Moreover, we’ve shown that the military wastes and “loses” (cough) trillions of dollars.  See this, this, this, this, this, this, this, this, this, this, this and this.

The former Secretary of Defense acknowledged in May 2012 that the DOD “is the only major federal agency that cannot pass an audit today.”  The Pentagon will not be ready for an audit for another five years, according to Panetta.

Reuters quantifies these numbers today:

The Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of China’s economic output last year.

Bonus: 

Bill Clinton On NSA Spying: “We Are On The Verge Of Having The Worst Of All Worlds: We’ll Have No Security And No Privacy”

Comments

[Hobbleknee]

"military guys drop quarters on the table to prove that they are not influenced by MIC coffees. "

What does that mean?

[Ranger4564]

Military guys pay 1/10th the price of goods to exhibit that they are not pwned by MIC bribery ?

[Ace Ventura]

No....military guy puts .25 -.50 down on the table for a cup of coffee offered by a MIC entity at some joint meeting. In most cases, these are coffees from some form of office fund, where some mid-tier secretary buys gallon tins of Folgers at Costco and runs that through the Mr. Coffee. This is not some sort of Starbucks turbo mocha-choke-a-lotta-frappa-caramel-twist latte.

For that, you have to be a flag-level pentagon officer close to retirement.....negotiating your starting salary for the position you're being offered once you step out of the uniform. Completely unethical, but like so much these days....the rules are not applicable at THAT level. Now if lowly Captain Caveman or Sargent Rock accepts that Starbucks Custom Brew without paying for it and gets caught or ratted out.....he's looking at Article 15 proceedings, which essentially is a career-ending event.

[the0ther]

Thanks for the explain

[RaceToTheBottom]

That actually occurs.  That is the level of regulation military guys must follow.  Does it stop the corruption at the purchasing level, or does it mean that no corruption occurs no, of course not.  But it is no longer on the same level as WS.

[SafelyGraze]

that 8.5 trillion is what went into the 'real economy'

without it, we couldn't have repaid all the loans to banks that lent to MIC contractors via fed expansion

hugs,
dwight d 

[DavidPierre]

Unrestrained militarism is the very definition of terror.

Military Cancer

http://www.youtube.com/watch?v=xHmhrtx9C_4